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HomeUS Energy News

US Energy News

Max Midstream And Calhoun Port Authority Announce Port Expansion - Energy News Beat
Midstream

Max Midstream And Calhoun Port Authority Announce Port Expansion

January 5, 2021 Stu Turley

Max Midstream and the Calhoun Port Authority today announced that with the recent passage of the Water Resources and Development Act by Congress that expansion of the Calhoun Port will begin in 2021. The national […]

U.S. energy execs see capital spending rising in 2021 - Dallas Fed survey
Finance

U.S. energy execs see capital spending rising in 2021 – Dallas Fed survey

January 3, 2021 Stu Turley

NEW YORK (Reuters) – About half of U.S. energy company executives polled by the Federal Reserve Bank of Dallas expect their firms to increase capital spending in 2021, and another quarter of respondents see those […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat
Commodities

Energy Stocks Could See 15% Uptick In 2021 On $55 Oil Price Average

January 1, 2021 Stu Turley

The pummeling received by the oil market in 2020 and a subsequent slump in the valuations of energy stocks is well documented. As the Covid-19 global pandemic triggered an economic downturn – following national lockdowns, […]

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus -EnergyNewsBeat
Commodities

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus

January 1, 2021 Stu Turley

Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled […]

Exxon - EnergyNewsBeat
Crude Oil News

Exxon signals up to $20 bln writedown to overwhelm 4th-qtr gains in oil, chemicals

December 31, 2020 Stu Turley

Exxon Mobil Corp. signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion […]

Tesla To Debut In India Early Next Year – Report - EnergyNewsBeat
Electric Vehicles

Tesla To Debut In India Early Next Year – Report

December 31, 2020 Stu Turley

Tesla will start selling electric vehicles (EV) in India early next year, Nitin Gadkari, the country’s transport minister confirmed during an interview with The Indian Express newspaper. The minister disclosed that Tesla (TSLA) will begin […]

Devon
M & A

Devon Energy and WPX Energy Shareholders Approve Merger of Equals

December 31, 2020 Stu Turley

TULSA, Okla.–(BUSINESS WIRE)– Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced […]

ConocoPhillips 9.7B Concho Resources acquisistion - EnergyNewsBeat
ENB Pub Note

Year in Review: ConocoPhillips’s $9.7B Concho Resources acquisition was a Deal of the Week in October

December 30, 2020 Stu Turley

Editor’s note: Through the end of December, we’re taking a look back on the Deals of the Week from 2020. This was the Deal of the Week for the Houston Business Journal’s Oct. 23-29 edition. The […]

US Oil - EnergyNewsBeat
Crude Oil News

Oil rises on U.S. inventory draw, Brexit deal hopes

December 26, 2020 Stu Turley

U.S. crude, gasoline and distillate stocks fall last week-EIA * Investors cheer a potential Brexit trade deal * U.S. drillers add oil and gas rigs for fifth week in row TOKYO, Dec 24 (Reuters) – […]

5000-well oil and gas field approved in eastern Wyoming Energy News Beat
ESG

5,000-well oil and gas field approved in eastern Wyoming – Can Biden’s Administration save the Grouse?

December 25, 2020 Stu Turley

Energy News Beat Publishers Note: It will be interesting to see if the oil and environmental groups could work together. CHEYENNE (AP) — U.S. officials have approved a 5,000-well oil and gas project spread across […]

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