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BP - Energy News Beat
Exploration and Production

BP’s oil exploration team swept aside in climate revolution

January 25, 2021 Stu Turley

Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil. Its geologists, engineers and scientists have […]

Total Gets Fastest Start on Clean Energy Among Europe Oil Majors - Energy News Beat
Renewables Not Sustainable

Total Gets Fastest Start on Clean Energy Among Europe Oil Majors

January 25, 2021 Stu Turley

Total SE has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions. Europe’s three largest oil and gas companies — Total, BP Plc and Royal Dutch Shell Plc — all announced plans last year to […]

Rystad Energy - EnergyNewsBeat
Exploration and Production

The share of gas flared in the Permian has fallen to its lowest level of the Shale era

January 17, 2021 Stu Turley

The share of gross gas output that is flared at the wellhead in the US’ prolific Permian Basin has plummeted to a modern Shale-era record low, a Rystad Energy report shows, with an analysis of preliminary data […]

LNG Cargo Prices Rising Faster Than Bitcoin - Energy News Beat
Exports

LNG Cargo Prices Rising Faster Than Bitcoin

January 13, 2021 Stu Turley

After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe […]

BP Chemicals Deal Expands Reach of Ineos
Crude Oil News

BP Chemicals Deal Expands Reach of Ineos

January 10, 2021 Stu Turley

Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]

Iraq Aims To Increase Oil Exports To Asia With South Korea Deal - EnergyNewsBeat
Crude Oil News

Iraq Aims To Increase Oil Exports To Asia With South Korea Deal – making it tougher on OPEC to control prices

January 5, 2021 Stu Turley

Energy News Beat Publishers Note: With the wild ride on OPEC meetings this week, this news is going to make it tougher for OPEC to control the members quotas for production. Therefore making the pricing […]

Harvest - TransAlaska Pipeline -EnergyNewsBeat
Crude Oil News

BP Divests Stake in Alaska Pipeline -Alyeska to continue operating

December 23, 2020 Stu Turley

Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc.’s (NYSE: BP) midstream ownership interests, parent company Harvest Midstream reported late last week. The deal, which received approval from the Regulatory Commission of Alaska on Dec. […]

Airplane Supermax -EnergyNewsBeat.com
Commodities

Don’t Count Out The U.S. Oil & Gas Industry Just Yet – This is a great thing!

December 14, 2020 Stu Turley

“On one hand, the energy transition is real and here to stay. On the other hand, there are 280 million cars on the road in the U.S. today, 279 million of them running on oil, […]

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 […]

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