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HomeFinance

Finance

The clean energy trade seems overcrowded for now
Finance

Why are fossil fuel investors in the green for 2021? – Opinion from John Dizard

April 3, 2021 Stu Turley

So we have a consensus that there has to be a global transition to net zero carbon emissions by 2050, if not sooner. Supranational bodies, national governments, major corporations, NGOs and financial institutions have their […]

Tesla - logo - EnergyNewsBeat
Electric Vehicles

Tesla first quarter sales of 185K more than double last year’s numbers

April 3, 2021 Stu Turley

Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The number was more than double the deliveries for the same period […]

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 […]

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 […]

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 […]

ENB Pub Note

Teledyne Clears Canada and Germany Antitrust Reviews for the FLIR Acquisition -“what’s a few billion between friends”

April 2, 2021 Stu Turley

Energy News Beat Publishers Note: This acquisition is a great thing for the green movement in energy. The technological uses for FLIR in the energy market for ESG are invaluable.  Teledyne Technologies Incorporated (NYSE:TDY) announced […]

Electric Vehicles

Volkswagen to Buy Emission Credits from Tesla in China to Comply with Environmental Regulations, Sources Say

April 2, 2021 Stu Turley

Energy News Beat Publishers Note; Perfect example of how the green movement will only be successful if the system has accountability. Tesla is making more money from carbon credits than from the manufacture of electric […]

Earthstone Energy - Energy News Beat
Finance

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Mariel Alumit

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Earthstone Energy - Energy News Beat
Exploration and Production

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

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