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Home2021November

Month: November 2021

Norway's oil boom is just beginning -ENB
Crude Oil News

Norway’s Oil Boom Is Only Just Beginning

November 28, 2021 Mariel Alumit

Norway’s oil and gas production is at an all-time high, bouncing back solidly from a year of pandemic restrictions and curbs on production. Norwegian firm Equinor is running the show with oil and gas revenues […]

Endbridge - EnergyNewsBeat.com
Crude Oil News

Enbridge Responds to Canada Energy Regulator Decision to Deny Mainline Contracting

November 28, 2021 Mariel Alumit

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today responded to the Canada Energy Regulator’s (CER) November 26, 2021 decision to deny the implementation of contracting for firm service on the Enbridge Canadian Mainline […]

Microgrid

Markets face weeks of uncertainty in wait for Omicron answers

November 28, 2021 Mariel Alumit

The current draft of the California Climate Adaptation Strategy fails to mention power outages and doesn’t suggest distributed energy resources (DER) and microgrids as resilience measures, say several stakeholders. The draft aims to accelerate climate […]

Markets face weeks of uncertainty in wait for Omicron answers
Finance

Markets Face Weeks of Uncertainty in Wait for Omicron Answers

November 28, 2021 Mariel Alumit

Scientists need time to assess risks posed by the Covid strain BCA sees elevated volatility, Goldman flags short-term hedges Fearful investors fled stocks worldwide Friday and flocked to havens such as sovereign bonds as volatility […]

Gazprom Drilling PJSC - Russia -Bloomberg - Andrey Ruakov - ENB
Crude Oil News

OPEC+ Likely to Be Cautious on Oil Demand at Meeting, Vitol Says

November 28, 2021 Mariel Alumit

The oil producers’ group OPEC+ will likely take a cautious stance when deciding this coming week whether to go ahead with planned output increases after the emergence of a new coronavirus variant sent crude prices […]

Europe Energy Crisis is About to get worse as winter arrives - ENB
Commodities

Energy prices in Europe are repeatedly breaking records even before winter really kicks in

November 28, 2021 Mariel Alumit

Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. A super price spike in […]

Coal

Seoul relaxes winter coal-fired plant restrictions

November 26, 2021 Mariel Alumit

Of state-owned Kepco’s 53 coal-fired units, 8-16 will shut from 1 December to 28 February as part of the winter fine-dust management policy, the energy ministry said today. The ministry suspended 9-16 of 56 units […]

Enbridge
Energy Policy

Enbridge Plan to Keep Oil Pipelines Full Rejected by Canadian Regulator

November 26, 2021 Mariel Alumit

Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their […]

Huge over reaction to the market
Crude Oil News

OPEC+ Leans Toward Ditching Output Hike as Oil Sinks on Virus

November 26, 2021 Mariel Alumit

OPEC and its allies are increasingly inclined to ditch their plan to raise output next week, as a new virus variant triggered oil’s worst crash in over a year. The 23-nation alliance led by Saudi […]

Jerome Powell Delivers Remarks - ENB
Commodities

U.S. Stocks Extend Declines as Global Rout Spreads: Markets Wrap

November 26, 2021 Mariel Alumit

Energy News Beat Publishers Note: There may be a dip in demand on the fear of the new variant B.1.1.529. That being said, the Texas Department of Health posted the following on their website. I […]

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