On December 22, 2020, the U.S. House and Senate approved the Consolidated Appropriations Act, 2021 (the 2021 Act) and, on December 27, 2020, President Trump signed the 2021 Act into law. The 2021 Act extends […]
Seeking to become the first nation to end the sale of petrol and diesel cars by 2025, oil-producing Norway exempts fully electric vehicles from taxes imposed on those relying on fossil fuels OSLO: The sale […]
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 […]
From Energy Intel: Production levels per OPEC+ Bloomberg – OPEC+ reached an agreement to curb supply over the next two months, with Saudi Arabia carrying a greater burden of oil-output cuts while others hold […]
Iran has resumed enriching uranium to 20% purity, in its most significant breach yet of its 2015 deal with world powers to end nuclear sanctions. The global nuclear watchdog confirmed the process had begun at […]
Update (9:58 AM MST): Saudi to voluntarily cut oil production in Feb. OPEC+ MEETING: Saudi Arabia has taken responsibility for re-balancing the oil market, in a three-way OPEC+ deal that will see the kingdom cut […]
UPDATE (7:23 AM MST): Russia agrees to rollover production Russia agrees to rollover current OPEC production – report https://t.co/CI8BZCSZNi — ForexLive (@ForexLive) January 5, 2021 OPEC+ resumes debate on Tuesday after talks stumbled over February […]
ENB Publishers Note: CL not nearly as bullish heading into day two of OPEC talks, with sides looking like a production stay. Russia is the wild card. Check out Energy News Beat on YouTube and […]
HOUSTON, Jan. 4, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and […]
ENB Publishers Note: We expect cuts to be implemented as the COVID-19 cases continue to rise around the world, despite vaccine rollout. Follow Energy New Beat’s LIVE daily show at 2 PM MST everyday for […]
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