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HomeInternational News

International News

South Pars non-associated natural gas field
Industry Insights

China And Iran Start Drilling In This Super Giant Gas Field

December 21, 2020 Stu Turley

Drilling operations of the first well of the game-changing but highly-controversial Phase 11 of Iran’s supergiant South Pars non-associated natural gas field officially began last week. Significant gas recovery from the enormous resource will commence […]

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 […]

Asia embraces LNG as alternative bunker fuel -EnergyNewsBeat.com
Fossil

Asia embraces LNG as alternative bunker fuel

December 21, 2020 Stu Turley

Singapore, 21 December (Argus) — After having to adjust to both the Covid-19 pandemic and implementation of the global 0.5pc sulphur cap on marine fuels, the marine industry is now shifting its attention to accommodating […]

China Suffering Mass Blackouts Following Aussie Coal Embargo -EnergyNewsBeat.com
Coal

China Suffering Mass Blackouts Following Aussie Coal Embargo

December 21, 2020 Stu Turley

Millions of Chinese are suffering severe power supply problems, brownouts and blackouts. According to media reports the problems have been caused by fuel shortages, following Chinese President Xi Jinping’s embargo of Australian coal imports. Beijing’s […]

OPEC -Energy News Beat
Crude Oil News

Russia and Saudi Arabia still committed to OPEC+ deal

December 20, 2020 Clark Savage

OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]

International News

India’s oil imports from Iran may not resume soon despite Biden

December 19, 2020 Stu Turley

While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]

Crude Oil News

ExxonMobil’s South America Bonanza Grows With New Suriname Discovery

December 15, 2020 Stu Turley

After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]

Boris Johnson - EnergyNewsBeat.com
International News

U.K. Due to Set Out Major Energy Investment Plan on Monday

December 13, 2020 Stu Turley

The U.K. government’s long-awaited policy paper on energy will outline “major investments” in hydrogen, carbon capture and storage, and nuclear power as well as reforms for the retail supply market. It’s due to be published […]

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, […]

Wind and Solar - India -EnergyNewsBeat.com
International News

India Leader on renewables-natural partner for Britan

December 12, 2020 Stu Turley

New Delhi: India is a leader on renewables and a natural partner for Britain in the shared mission to create a greener planet and enable a clean and resilient recovery from Covid-19, British Acting High Commissioner to […]

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