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Home2021November

Month: November 2021

Crude Oil News

US oil, gas rig count jumps 11 on week to 683; Permian sees double-digit growth: Enverus

November 18, 2021 Mariel Alumit

Permian rigs up 12 to recent record of 284 Highest level for the play since mid-April 2020 SCOOP-STACK returns to pre-pandemic level The US oil and gas rig count jumped 11 to 683 in the […]

Stock Market
Crude Oil News

EIA forecasts crude oil prices will decline during 2022

November 18, 2021 Mariel Alumit

ENB Publishers Note: Supply and demand are not always the only pricing matrices. Note that Saudi Arabia has already planned on a balanced budget next year. The numbers show an estimated price of $125 is […]

LNG - Carrier - ENB
Commodities

LNG Tanker Rates Surge to Record as Asia Buys More U.S. Gas

November 18, 2021 Stu Turley

Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. The cost of chartering a […]

EIA - Pipeline North ENB
EIA News

New natural gas pipeline capacity expands access to export and Northeast markets

November 17, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Natural Gas Pipeline Projects Tracker Reposted at 12:00 p.m. on November 17, 2021 to change the company associated with the Whistler pipeline. In our recently updated Natural Gas Pipeline Projects […]

Climate Crisis

I’m not depending on OPEC. I’m not depending on other countries for my energy anymore. – Senator Joe Manchin, (D-W.Va.)

November 16, 2021 Jay R. Young

We all know the conflicts and differences in opinions in Washington are as massive and wide as the Grand Canyon. But I think there are some huge underlying changes on the horizon. They will be […]

U.S. coal exports
EIA News

Solar generation was 3% of U.S. electricity in 2020, but we project it will be 20% by 2050

November 16, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Monthly Energy Review, Electric Power Annual, Short-Term Energy Outlook, and Annual Energy Outlook According to our Electric Power Annual, solar power accounted for 3% of U.S. electricity generation from all sources in 2020. In our Short-Term Energy […]

BP chief executive Bernard Looney- Energy News Beat
Crude Oil News

Oil and gas will be in the global energy system ‘for decades,’ BP chief says

November 15, 2021 Stu Turley

BP CEO has told CNBC that hydrocarbons such as oil and gas will have an ongoing role to play in the energy mix for years. “It may not be popular to say that oil and […]

Crude Oil News

U.S. shale oil output nears pre-pandemic levels

November 15, 2021 Stu Turley

(Bloomberg) –Surging oil and natural gas prices are spurring production increases from West Texas to the Upper Great Plains that probably will lift output to levels not seen since the early days of the pandemic, […]

Exploration and Production

Shell Ditches Dutch from Name

November 15, 2021 Stu Turley

Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure that will see the company walk away from the Netherlands amid deteriorating relations with what’s been its home country for a […]

Coal

Infrastructure bill heads to Biden’s desk with clean energy sharing wins with oil, gas

November 15, 2021 Stu Turley

President Joe Biden is poised to sign into law a historic $1.2 trillion bipartisan infrastructure bill that could help modernize the electric grid and unlock billions of dollars for cutting-edge energy technologies, following passage by […]

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