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Home2021

Year: 2021

your neighborhood nuke
Electrical Generation / Utilities

White House Wants Nuclear in Clean Energy Mandate, McCarthy Says

April 2, 2021 Stu Turley

Energy News Beat Publishers Note: It is a great thing that nuclear is considered as part of the total energy plan. Nuclear energy should be one of the power sources eligible for a national clean […]

Electrical Generation / Utilities

South Africa’s $67 Billion Infrastructure Drive Gathers Pace

April 2, 2021 Stu Turley

South Africa’s Infrastructure Fund, which is spearheading government efforts to secure 1 trillion rand ($67 billion) of private investment, said it has identified a project pipeline and implementation could begin by year-end. Established in August, […]

Investing - energynewsbeat
Finance

Mexico Targets Foreign Investors in Oil and Gas Sector with Proposed Changes to Hydrocarbon Law

April 2, 2021 Stu Turley

The Hydrocarbons Reform aims to bring back the dominating market position of Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company, to the sole detriment of private competitors. Ever since Mexico’s state oil monopoly, including Pemex’s […]

Ukraine power grid - energynewsbeat
Electrical Generation / Utilities

Energy infrastructure: The Achilles’ heel of Ukraine’s energy transition – and the US could follow

April 2, 2021 Stu Turley

The upcoming energy transition will change approaches towards constructing power systems and their topology. Developing renewables is becoming increasingly critical as the transition away from big energy facilities based on using fossil fuels will lead to […]

electic lines - energy news beat
Electrical Generation / Utilities

U.S. President Joe Biden’s American Jobs Plan includes $100 billion in spending on the nation’s aging power infrastructure.

April 2, 2021 Stu Turley

U.S. President Joe Biden’s $2 trillion infrastructure and energy plan would dramatically reshape the nation’s energy landscape by offering new tax incentives for clean energy, electric transmission projects, and carbon capture and storage technology. However, […]

International News

WORLD NEWS Egypt could ask for up to $1 billion in compensation for Ever Given crisis

April 2, 2021 Stu Turley

Egyptian authorities may seek over $1 billion in damages for helping to clear the Ever Given from the Suez Canal, as a dilemma emerges over who might foot the bill. “We will reach over a billion […]

Exploration and Production

Pioneer Natural Resources Announces Bolt-On Acquisition of DoublePoint Energy in the Midland Basin

April 2, 2021 Stu Turley

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire the leasehold interests and related assets of DoublePoint Energy (DoublePoint) in a transaction valued […]

Iran minister Javad Zarif - Energy News Beat
Commodities

Hopes rise of breakthrough on US return to Iran nuclear deal – what does this mean for world oil?

April 2, 2021 Stu Turley

Energy News Beat Publishers Note: Iran has publicly shown that they believe the US is no longer relevant through their 25-year energy agreement with China, and that the US does not need to attend any […]

tanker - Marcelo del Pozo - Bloomberg
Commodities

India asks state refiners to review oil import contracts with Saudi

April 2, 2021 Stu Turley

Amid tensions with Saudi Arabia over oil production cuts, India has asked its state refiners to review contracts they enter into for buying crude oil from the Middle East nation and negotiate more favourable terms, […]

International Seaways -energynewsbeat
Finance

International Seaways and Diamond S Shipping Announce Merger

April 2, 2021 Stu Turley

Creates Second Largest US-Listed Tanker Company by Vessel Count and Third Largest by Dwt with an Enterprise Value of Approximately $2 Billion Significant Synergies and Efficiencies to Drive Annual Cost Savings of over $23 Million […]

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