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Chevron to buy biodiesel producer REG in USD-3.15bn deal
Crude Oil News

Chevron makes bet on being last man standing – Good move for US oil

January 13, 2021 Stu Turley

Chevron Chief Executive Mike Wirth is doubling down on oil. The boss of the $180 billion U.S. fossil fuel firm told Reuters on Tuesday that he was a fan of the 2015 Paris Agreement to […]

Shell - Energy News Beat
Crude Oil News

Royal Dutch Shell to cut more than 300 North Sea jobs

January 12, 2021 Stu Turley

The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be […]

ENB Pub Note

Australia’s Prelude FLNG shipments resume: Shell

January 10, 2021 Stu Turley

Energy News Beat Publishers Note: We covered this on our live YouTube show months ago. Billions of dollars tied up on the floating LNG processing facility, and it has been off-line for 11 months due […]

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 […]

Oil Rises With Market Structure Pointing to Tight Global Supply- Energy News Beat
Crude Oil News

Exxon’s Mega Oil Finds In Guyana Are Just The Beginning

January 10, 2021 Stu Turley

Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]

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