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Finance

Enbridge to expand storage at Cushing through pending acquisition

December 21, 2020 Stu Turley

Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]

Queensland Curtis LNG -QCLNG - EnergyNewsBeat.com
Finance

Shell Sells Minority Stake in Queensland Curtis LNG Facilities for $2.5 Billion

December 21, 2020 Stu Turley

Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]

Commodities Are Back In Fashion as Investors Get Ready for Boom -Energynewsbeatcoal truck
Coal

Commodities Are Back In Fashion as Investors Get Ready for Boom

December 21, 2020 Stu Turley

For the best part of a decade, commodities have been deeply out of fashion. Now, as investors scour the market for the great reflation play, they’re hot again. Investing luminaries from Point72 to Pimco are calling […]

Finance

Pipelines vs. Renewable Energy: Which Is Better for Dividend Investors?

December 20, 2020 Stu Turley

Debating the buy thesis of two high-yielding energy infrastructure stocks. The energy market is in transition. The global economy is slowly weaning itself off fossil fuels and switching to cleaner power sources. That shift will take some […]

Montauk Renewables -energynewsbeat
Finance

Renewable energy firm Montauk Renewables files for a $20 million IPO

December 13, 2020 Stu Turley

Montauk Renewables, which produces and sells renewable natural gas and electricity, filed on Friday with the SEC to raise up to $20 million in an initial public offering. Montauk Renewables is a renewable energy company specializing […]

Global Infrastructure Partners -EnergyNewsBeat.com
Finance

GIP raises $2.8 billion in two infrastructure credit funds

December 13, 2020 Stu Turley

Private equity firm Global Infrastructure Partners (GIP) said on Tuesday it had raised $2.8 billion in its two credit funds that invest in the debt and equity of infrastructure assets in the oil and gas, […]

Commodities

Another Week, Another Leg Lower for Natural Gas Forwards as Warmth Rules Forecasts -NGI

December 11, 2020 Stu Turley

Weather dominated natural gas forward price action for a third consecutive week, sending prices through the winter lower despite record export demand and cuts to production, according to NGI’s Forward Look. However, losses were less severe […]

Terra Energy Partners -EneryNewsBeat.com
Bankruptcy

Terra Energy Partners to Acquire Ursa Piceance Basin Assets for $60 Million

December 11, 2020 Stu Turley

Terra Energy Partners LLC has agreed to purchase assets from bankrupt Ursa Piceance Holdings LLC and various subsidiaries for $60 million, according to bankruptcy documents. A federal bankruptcy judge in Delaware approved the sale in […]

Tritech -Logo -Energynewsbeat.com
Finance

Bluewater Energy acquires Tri-Tech Energy Services

December 11, 2020 Stu Turley

Bluewater Energy, Inc acquires Tri-Tech Energy Services. Tri-TechEnergy Services (TTES) has been a strategic partner of Bluewater Energy for many years. Making Tri-Tech Energy Services part of Bluewater Energy was a natural fit for the company given […]

Finance

BP agrees London headquarters sale and leaseback with Lifestyle Intl

November 23, 2020 Clark Savage

LONDON (Reuters) – BP BP.L has agreed to sell its London headquarters for 250 million pounds, a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy. […]

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