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HomeUS Energy News

US Energy News

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

Oil Rises With Market Structure Pointing to Tight Global Supply

January 27, 2021 Stu Turley

Oil rose as signs of tightening supplies around the world offset concerns over the pandemic’s latest hit to demand. U.S industry data pointed to a sharp drop in the nation’s crude stockpiles last week. If confirmed by […]

BP Gets Pushback From Texas Agency It Urged to Ban Gas Flaring - Energy News Beat
Crude Oil News

BP Gets Pushback From Texas Agency It Urged to Ban Gas Flaring

January 26, 2021 Stu Turley

Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]

Permian Flaring - Energy News Beat
Fossil

Permian Flaring Could Be Slashed At No Cost to Producers

January 26, 2021 Stu Turley

As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]

CEO Larry Fink lays out importance of environmental priorities in annual letter - Energy News Beat
ESG

Go carbon neutral or get left behind, world’s biggest money manager warns companies

January 26, 2021 Stu Turley

Larry Fink, chief executive of the world’s biggest asset manager BlackRock , warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for […]

Dakota Access Pipeline
Pipeline

Dakota Access Pipeline Loses Appeal, Fueling Shutdown Fight – Pipelines getting tougher to get built

January 26, 2021 Stu Turley

A district court didn’t overstep when it scrapped a key permit for the Dakota Access pipeline and concluded it was approved unlawfully, the D.C. Circuit ruled Tuesday—the latest in a series of defeats for the […]

U.S. Tries to Seize Oil Shipment It Says Came From Iran - Energy News Beat
Crude Oil News

U.S. Tries to Seize Oil Shipment It Says Came From Iran – Emboldened by new policies

January 26, 2021 Stu Turley

The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. […]

Exploration and Production

Ring Energy, Inc., Announces Relocation of Its Headquarters From Midland, Texas to The Woodlands, Texas

January 26, 2021 Stu Turley

Ring Energy, Inc. (NYSEAM: REI) (“Ring” or “the Company”) announced today that its corporate headquarters was relocated to the greater Houston area effective January 19, 2021. The new address of the Company’s headquarters is 1725 […]

Tribes Exempt
Political

Tribes exempt from pause in U.S. federal drilling program -official

January 26, 2021 Stu Turley

Native American tribes are exempt from the Biden administration’s temporary suspension of U.S. oil and gas leasing and permitting on federal lands, a spokesman for the U.S. Department of Interior said on Monday. The clarification […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
CO2 & GHG

After 2020 decline, EIA expects energy-related CO2 emissions to increase in 2021 and 2022

January 26, 2021 Stu Turley

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects that energy-related carbon dioxide (CO2) emissions in the United States will increase in 2021. Economic growth and the lessening of pandemic-related restrictions […]

Colorado regulators target tiny oil field device thats a big contributor to greenhouse gas ozone pollution - Energy News Beat
CO2 & GHG

Colorado regulators target tiny oil field device that’s a big contributor to greenhouse gas, ozone pollution

January 26, 2021 Stu Turley

Energy News Beat Publishers Note: The Colorado regulations are wide sweeping and not understood by those that created them. Our team is working with the agencies, and affected companies, to help with the data verification […]

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