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HomeInternational News

International News

ndia looks to resume Iran Venezuela
Crude Oil News

India looks to resume Iran, Venezuela oil imports under Biden

December 12, 2020 Stu Turley

Energy News Beat Publishers Note: This is only one of the problems for OPEC and OPEC + in controlling world oil prices. Countries know that with the Biden administration, they will not have sanction enforcement, […]

Units 1 and 2 of the Olkiluoto plant (Image: TVO)
International News

Malfunction triggers emergency shutdown at Finnish reactor

December 11, 2020 Stu Turley

An automatic shutdown yesterday of unit 2 at the Olkiluoto nuclear power plant in Finland was caused by a fault in the purification system for the reactor cooling water, which led to a temporary increase […]

International News

Poland sees cost of building 6-9 GW of nuclear energy at $30 bln

November 28, 2020 Stu Turley

EnergyWorld WARSAW: Poland sees the total costs of building six nuclear reactors of 6-9 gigawatts capacity over 20 years at around $30 billion, state news agency PAP quoted the minister responsible for energy infrastructure as saying on Friday. Poland generates most […]

Crude Oil News

Pandemic brings forward predictions for peak oil demand

November 28, 2020 Stu Turley

Energy News Beat Publishers Note: Fossil fuels will be around a while.  The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s […]

opec energynewsbeat
Crude Oil News

Russian central bank says OPEC+ may delay oil output rise

November 28, 2020 Stu Turley

Energyworld MOSCOW, Russian central bank said on Thursday that OPEC+, the group of leading oil producing countries, may delay a planned increase in oil output from Jan. 1, 2021 as the pandemic has negatively impacted the economic outlook and oil […]

OPEC - energynewsbeat
Crude Oil News

OPEC+ to meet for talks on continuing oil cuts, but can they control their members?

November 26, 2020 Stu Turley

Energy News Beat Publishers Note: This will be one to watch – OPEC can not control their members – and Turkey, Venezuela,  and Libya need cash. Is this the end of OPEC’s control of world […]

Crude Oil News

Gulf Keystone announces successful completion of SH-12 workover at the Shaikan field

November 24, 2020 Clark Savage

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that the planned workover on the SH-12 well has been completed safely. Jón Ferrier, Gulf Keystone’s Chief Executive Officer, said: […]

Aruba-grapple-with-distressed-oil-assets-energynewsbeat
Crude Oil News

Curacao, Aruba grapple with distressed oil assets

November 23, 2020 Clark Savage

Bogota, 23 November (Argus) Curacao severed an oil storage contract with SPS Drilling E&P six weeks after it was signed, underscoring the challenge of monetizing Caribbean assets formerly run by Venezuela’s state-owned PdV. The 15 […]

Energy Storage

Australian utility AGL reveals latest big step towards 850MW of battery storage

November 23, 2020 Clark Savage

AGL said it has also lodged a Scoping Report – a necessary step in the process to get planning approval – for a 50MW battery facility at its Broken Hill solar farm in NSW (pictured). […]

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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