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HomeStorage

Storage

Iraq in advanced talks to build oil storage in China- says oil minister -Energy News Beat -energynewsbeat.com
Crude Oil News

Iraq in advanced talks to build oil storage in China, says oil minister

February 15, 2021 Stu Turley

Energy News Beat Publishers Note: This is only one small part of Iraq, Iran, and Russia’s overproduction and involvement outside OPEC + agreements. OPEC and OPEC + cannot keep their members in line with production […]

Crude Oil News

Oil tanker market in rougher seas as supply surges, storage sinks

January 28, 2021 Stu Turley

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]

Port of Corpus Christi - Energy News Beat
Crude Oil News

Port of Corpus Christi crude shipments up 65% in 2020, sees record tonnage

January 23, 2021 Stu Turley

 The Port of Corpus Christi saw a 65% increase in crude shipments in 2020 to 96.4 million mt, leading to a record tonnage throughput of 159.7 million mt in a year that saw immense volatility […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

Renewables account for most new U.S. electricity generating capacity in 2021

January 11, 2021 Stu Turley

According to the U.S. Energy Information Administration’s (EIA) latest inventory of electricity generators, developers and power plant owners plan for 39.7 gigawatts (GW) of new electricity generating capacity to start commercial operation in 2021. Solar will […]

Nat Gas Storage - Energy News Beat
International News

India now looks to build strategic gas reserve

January 11, 2021 Stu Turley

Sources privy to the development said a conductive global energy market where oil and gas prices are stable had given fresh push for building strategic gas reserves in the country. An announcement in this regard […]

This hollowed-out Utah cavern will hold millions of barrels of gasoline. Some question if it is safe. - EnergyNewsBeat
Commodities

This hollowed-out Utah cavern will hold millions of barrels of gasoline. Some question if it is safe.

December 26, 2020 Stu Turley

Some 3,000 feet under Millard County lies a massive dome of salt, two miles across and a mile thick, that is becoming a major pivot point in Utah’s energy future. Owned by the state, the […]

Crude Oil News

Petroleum stocks at Northeast power plants have not changed much in recent years

December 20, 2020 Stu Turley

In much of the United States, power plants that burn petroleum liquids are generally operated for short periods during times of peak electricity demand, such as during brief periods of cold winter weather. These plants […]

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