Bank of America last week more than tripled its environmental financing goal, saying it wants to deploy more than $1 trillion by 2030 to accelerate the transition toward a low-carbon, sustainable future, according to a Thursday press […]
Energy News Beat Publishers Note(ENB): Some regulations are a good thing. When disproportionally impacted communities are overlooked, and corrections made that is a good thing. When regulations are made in a vacuum they hurt all […]
Singapore: Coal-fired power plants will be the primary driver of infrastructure investment in India’s power sector over the next decade, Fitch Solutions said on Tuesday. The country hosts 40 coal-fired power plant projects currently under construction involving a combined investment of […]
New Delhi: Global oil prices will climb above $70 per barrel around mid-2021 as improved supply and demand fundamentals beginning May lead to substantial stock draws through to August, according to S&P Global Platts. The research firm said […]
By Chen Aizhu, Shu Zhang, Sabrina Valle SINGAPORE/Rio de Janeiro, Brazil (Reuters) – China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, […]
CALGARY, AB – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Anegada Oil Corp. (“Anegada“), a privately held pure play Charlie […]
DiamondBack Energy Inc on Monday raised its full-year production outlook as the shale oil and gas producer accounted for its acquisition of rival QEP Resources and benefited from a recovery in crude prices. Commodity prices are picking up […]
Mumbai: India’s first Floating Storage and Regasification Unit (FSRU) has arrived at H-Energy‘s Jaigarh Terminal in Maharashtra. In a statement, H-Energy said the FSRU ‘Hoegh Giant’, which sailed from Keppel Shipyard, Singapore, was berthed at Jaigarh terminal in Maharashtra […]
The group’s latest Monthly Oil Market Report (MOMR) puts global oil demand at 96.46mn b/d this year, up by 190,000 b/d from its previous report and 5.95mn b/d higher than last year. “The upward revision mainly takes into account […]
Energy News Beat Publishers Note (ENB): The key takeaway from the article is the 500,000 b/d outside the official data. This is also outside the OPEC + production numbers and quotas. Imports were 11.69mn b/d […]
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