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Crude Oil News

Saudi energy minister Abdulaziz bin Salman
Commodities

OPEC finds a rare opportunity as Wall Street, green activists hinder competition -Russia and Iran are the real winners

May 30, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): The current path is a long-term energy mix that will impact the less fortunate hardest. The current events of western oil companies not able to produce more, and with […]

Oil group OPEC+
Commodities

OPEC+ Talks to Offer Clues on Next Phase of Oil Supply Revival

May 29, 2021 Stu Turley

For oil traders, the biggest question in the market is how fast OPEC and its allies will revive production later this year. Next week they may get some clues. When it meets on Tuesday, delegates […]

Indonesia - Released on Friday an Iranian-flagged vessel - Energy News Beat
Crude Oil News

Indonesia Releases Iran Tanker Seized Four Months Ago, IRNA Says

May 29, 2021 Stu Turley

Indonesia released on Friday an Iranian-flagged vessel it had seized four months ago over suspected illegal transfer of crude oil, the state-run Islamic Republic News Agency reported. MT Horse “was released after 125 days…and will return to […]

saudi Tanker - EnergyNewsBeat
Commodities

Saudi Arabia’s Oil Exports Soar Ahead Of OPEC+ Meeting

May 29, 2021 Stu Turley

After over a year of pandemic-driven volatility and weak oil demand, Saudi Arabia is now experiencing an oil export boom. Saudi Arabia’s oil exports increased in March by 75 percent year-on-year, at a value of […]

Crude Oil News

Tripling the Speed of Efficiency Progress a Must for a Net-Zero Carbon World

May 29, 2021 Stu Turley

By taking unprecedented action that transforms how energy is produced, transported, and used, the world can eliminate net emissions of carbon dioxide by 2050, according to a report released today by the International Energy Agency (IEA). The […]

abandoned oil wells -EnergyNewsBeat
Crude Oil News

U.S. House bill to clean up abandoned oil and gas wells passed by committee

May 29, 2021 Stu Turley

A bill that could unlock federal funds to help clean up abandoned oil and gas wells while also raising bonding rates energy companies pay to fund such efforts passed a Congressional committee this week after […]

Crude Oil News

Company Defies Michigan Governor’s Order to Shut Down Oil Pipeline

May 25, 2021 Andy Del Prado

A Canadian energy company has defied an order from Michigan Gov. Gretchen Whitmer to shut down a controversial oil and gas pipeline Wednesday amid growing concern that doing so could lead to fuel disruptions similar to those resulting from […]

Commodities

UK will not stop new oil exploration despite IEA climate report

May 25, 2021 Stu Turley

The UK will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit […]

Heidi Terry and Stu - Energy News Beat Podcast
Crude Oil News

Energy News Beat Podcast: We cover the Canadian/US Pipeline political failures from Bear Country and Calgary

May 24, 2021 Stu Turley

This is an outstanding podcast with our favorite Canadian oil and gas expert commentators! We had the privilege of interviewing Heidi McKillop, movie producer, and Terry Etam a year ago on another podcast series. We […]

Crude Oil News

Pipeline hack exposed US cyber risks | Alaska News | newsminer.com

May 23, 2021 Stu Turley

The Colonial Pipeline hack revealed cyber risks that President Biden seeks to address with the nation’s first cybersecurity review board, modeled after the National Transportation Safety Board. “It’s a good start,” said Roger Nebel, a cybersecurity instructor at […]

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