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HomeTop News

Top News

TOTAL, NEW OPERATOR OF BLOCK 58 OFFSHORE SURINAME, ANNOUNCES A FOURTH DISCOVERY
Crude Oil News

Total, Announces a fourth discovery in Guyana-Suriname Basin

January 14, 2021 Stu Turley

Paris, January 14, 2021 – Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at […]

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 […]

LNG Cargo Prices Rising Faster Than Bitcoin - Energy News Beat
Exports

LNG Cargo Prices Rising Faster Than Bitcoin

January 13, 2021 Stu Turley

After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe […]

Occidental to Strip Carbon From the Air and Use It to Pump Crude - Energy News Beat
Carbon Capture

Occidental to Strip Carbon From the Air and Use It to Pump Crude

January 13, 2021 Stu Turley

Deep in the Permian Basin, America’s biggest oilfield, Occidental Petroleum Corp. plans to build a facility that it believes could change the way the world thinks about fossil-fuel emissions. The globe’s first large-scale direct air capture (DAC) […]

Tesla - logo - EnergyNewsBeat
Electric Vehicles

Tesla takes another step on road to launch in India – world dominance in EV on the horizon

January 13, 2021 Stu Turley

NEW DELHI: Tesla Inc has moved a step closer to its launch in India later this year by registering a company in the country, a regulatory filing showed on Tuesday. Tesla Motors India and Energy […]

Texas Capitol - Energy News Beat
Crude Oil News

Texas Governments Collect $13.9B from Oil and Gas Industry

January 12, 2021 Stu Turley

Texas’ oil and natural gas industry paid $13.9 billion in taxes and state royalties in Fiscal Year 2020, the Texas Oil and Gas Association (TXOGA) reported Monday. The fiscal 2020 figure represents a nearly 15-percent […]

Securities and Exchange Commission - Energy News Beat
ESG

SEC Could Require Clearer ESG Disclosures under Biden

January 12, 2021 Stu Turley

The Securities and Exchange Commission could put into place guidelines on the federal monitoring of environmental, social, and governance issues as a Biden administration places greater focus on the climate change agenda. Under the outgoing […]

Saudi crude keeps flowing to Red Sea as East-West Pipeline repairs continue - Energy News Beat
Crude Oil News

Saudi Aramco Seeks $7.5 Billion Loan for Pipeline Investors

January 12, 2021 Stu Turley

Saudi Aramco is lining up a loan of about $7.5 billion for potential investors in its oil pipelines, according to people familiar with the matter. The world’s biggest oil producer has begun talks with lenders to […]

Antero Resources - Energy News Beat
Crude Oil News

Antero Resources upsizes debt offering to $700 million

January 12, 2021 Mariel Alumit

Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Crude Oil News

EIA Short-Term Energy Outlook – forecasts Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022

January 12, 2021 Stu Turley

This edition of the Short-Term Energy Outlook (STEO) is the first to include forecasts for 2022. The January STEO remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity and […]

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