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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

Crude Oil News

California Governor Seeks to End Oil Drilling in State by 2045

April 26, 2021 Andy Del Prado

California Governor Gavin Newsom on April 23 directed state agencies to end new fracking permits by 2024 and to analyze how to phase out oil and gas extraction two decades later. The move comes as […]

India
Coal

Report: Close Georgia Power Coal Plants Faster To Avoid Climate Crisis

April 26, 2021 Andy Del Prado

A new environmental report says that Georgia Power’s parent company and other regional utilities are not doing enough to reduce greenhouse emissions to avoid climate disaster. The Southern Alliance for Clean Energy (SACE) analysis projects […]

Electric Vehicles

Gov. Cuomo Announces $2.8 Million Available for Municipal Charging Stations & Zero-Emission Vehicles

April 26, 2021 Andy Del Prado

Governor Andrew M. Cuomo announced that $2.8 million is now available to help municipalities purchase or lease zero-emission vehicles for fleet use and to install public charging stations. Administered by the state Department of Environmental […]

International News

Saudi Arabia sees over $200b in savings from energy reforms plan

April 26, 2021 Andy Del Prado

Dubai: Saudi Arabia could save over $200 billion over the next decade by replacing liquid fuel used for domestic consumption with gas and renewable energy sources, the finance minister said, as the kingdom seeks to cut […]

oil rig - EnergyNewsBeat.com
Crude Oil News

Number of wells drilled in Permian, Eagle Ford make substantial recovery

April 26, 2021 Andy Del Prado

After the number of drilled but uncompleted wells demonstrated a dramatic drop across multiple US basins in the past year, heightened drilling activity and stable commodity prices are starting to reveal a recovery of young […]

Finance

Magellan Midstream Declares Cash Distribution of $1.0275 for First Quarter 2021

April 26, 2021 Andy Del Prado

TULSA, Okla., April 22, 2021 /PRNewswire/ — The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has declared a quarterly cash distribution of $1.0275 per unit for the period Jan. 1 through March 31, 2021. The distribution, which equates […]

Crude Oil News

India in talks with Guyana for long-term crude supply – minister

April 26, 2021 Andy Del Prado

GEORGETOWN/NEW DELHI: India, the world’s third-largest crude consumer and importer, has approached Guyana’s government about a possible long-term deal to buy the South American country’s oil, a Guyanese official said. India has expressed interest in […]

Hydrogen

The Hydrogen Economy: Storage Is Paramount For Utilities In The Long Term

April 26, 2021 Andy Del Prado

S&P Global Ratings believes green hydrogen, produced by splitting water via electrolysis using renewable energy, will remain expensive as a power fuel source compared with natural gas. Market projections suggest that green hydrogen costs may […]

Schlumberger - Energy News Beat
Earnings

Schlumberger Announces First-Quarter 2021 Results

April 26, 2021 Andy Del Prado

HOUSTON–(BUSINESS WIRE)– Regulatory News: Schlumberger Limited (NYSE: SLB) today reported results for the first-quarter 2021. First-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Mar. 31, 2021 Dec. 31, 2020 Mar. 31, […]

Schlumberger - Energy News Beat
Finance

Schlumberger Announces First-Quarter 2021 Results

April 26, 2021 Andy Del Prado

HOUSTON–(BUSINESS WIRE)–Schlumberger Limited (NYSE: SLB) today reported results for the first-quarter 2021. “In North America, excluding the effects of divestitures, revenue grew 10% sequentially driven by land revenue which increased 24% due to higher drilling […]

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