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Oil Money- energynewsbeat
Commodities

Brent Oil Steadies Above $69 as China’s Recovery Aids Outlook

March 15, 2021 Stu Turley

Oil held above $69 a barrel in London after a raft of economic data from China added to signs of recovery from the coronavirus pandemic. Brent futures traded up 0.4% after earlier climbing 1.2%. Figures […]

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports -EnergyNewsBeat.com
Commodities

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports

March 13, 2021 Stu Turley

China is gorging on sanctioned Iranian oil — with imports forecast to more than double this month from February — as other countries hold off purchases for fear of incurring the wrath of the U.S. […]

The Winners and Losers From Surging Oil and Commodity Prices
Commodities

The Winners and Losers From Surging Oil and Commodity Prices

March 11, 2021 Stu Turley

You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and […]

Quad tightens rare-earth cooperation to counter China- EnergyNewsBeat.com
Fossil

Quad tightens rare-earth cooperation to counter China

March 11, 2021 Stu Turley

TOKYO — The U.S., Australia, Japan, and India are on the verge of joining hands to build a rare-earth procurement chain to counter the dominance China plays in supplying these crucial elements to makers of […]

Rystad Energy - EnergyNewsBeat
International News

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China

March 3, 2021 Stu Turley

Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the […]

Crude Oil News

Venezuela’s oil exports rose in February pushed by larger fuel oil sales to Asia

March 1, 2021 Stu Turley

Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to […]

Chip shortage shows need to diversify supply chain -Energynewsbeat.com
Electric Vehicles

Chip shortage shows need to diversify supply chain

March 1, 2021 Stu Turley

How can European carmakers ensure their supply chains are secure in a more uncertain world? I think one key aspect is diversifying their supply chains. We are already seeing there is a shortage with chips […]

China companies may get delisted - Energynewsbeat
Fossil

China Keeping Rare Earth Export Ban In “Back Pocket” To Punish Biden If He Gets Out Of Line

March 1, 2021 Stu Turley

For the second time this week, western, English-language media outlets are reporting about rumblings within the Chinese Communist Party leadership about imposing new export controls on so-called “rare-earth metals” The news, first reported earlier this week […]

Coal - EnergyNewsBeat.com
Coal

China’s coal consumption share falls to 56.8% at end-2020

February 27, 2021 Stu Turley

China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal-fired power plants. The […]

Asian banks are failing on climate by channeling billions into coal
Coal

Asian, US, banks are failing on climate by channeling billions into coal, report says

February 27, 2021 Stu Turley

Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are […]

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