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HomeTop News

Top News

Transalta shifts 439 million in power assets to TransAlta Renewables subsidiary - EnergyNewsBeat
International News

TransAlta shifts $439 million in power assets to TransAlta Renewables subsidiary

December 24, 2020 Stu Turley

CALGARY — TransAlta Corp. says it is selling power transmission assets in Canada and the United States for $439 million to its majority owned subsidiary TransAlta Renewables Inc. The Calgary-based utility says it will hand […]

Chinese demands on nuclear power investment complicate EU talks - WiWo - energynewsbeat
International News

Chinese demands on nuclear power investment complicate EU talks – WiWo

December 23, 2020 Stu Turley

BERLIN (Reuters) – Negotiations between the European Union and China on an investment agreement have stalled at the last stretch because China is raising additional demands on nuclear energy, German magazine WirtschaftsWoche reported on Wednesday. […]

Harvest - TransAlaska Pipeline -EnergyNewsBeat
Crude Oil News

BP Divests Stake in Alaska Pipeline -Alyeska to continue operating

December 23, 2020 Stu Turley

Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc.’s (NYSE: BP) midstream ownership interests, parent company Harvest Midstream reported late last week. The deal, which received approval from the Regulatory Commission of Alaska on Dec. […]

Climate change policy targets to stimulate EU biodiesel consumption
Commodities

Commodities 2021: Climate change policy targets to stimulate EU biodiesel consumption

December 23, 2020 Stu Turley

London — Policy will continue to be a key driver of the European biodiesel market through 2021, with the revised Renewable Energy Directive (REDII) setting the EU policy framework until 2030. EU biodiesel consumption to recover […]

President Trump - EnergyNewsBeat
Commodities

Crude oil futures fall on surprise US stock build, stimulus uncertainty

December 23, 2020 Stu Turley

Singapore — 0249 GMT: Crude oil futures fell further in mid-morning trade in Asia Dec. 23 as bearish data from the American Petroleum Institute took the market by surprise, and as US President Donald Trump rejected […]

Iran welcomes Russian Investors -EnergyNewsBeat
International News

Iran Welcomes Oil and Gas Investments From Russian Companies

December 23, 2020 Clark Savage

Iranian Oil Minister Bijan Zangeneh described Russia as a strategic partner and welcomed Russian investment in Iran’s energy sector. “We identify Russia as a strategic partner, and this partnership is not something that can be […]

Finance

Diamondback Energy Adds Over 80,000 Acres in the Midland Basin For $3 Billion

December 22, 2020 Stu Turley

Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]

China
Finance

Enbridge to expand storage at Cushing through pending acquisition

December 21, 2020 Stu Turley

Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]

OPEC -Energy News Beat
Crude Oil News

Russia and Saudi Arabia still committed to OPEC+ deal

December 20, 2020 Clark Savage

OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]

Airplane Supermax -EnergyNewsBeat.com
Commodities

Don’t Count Out The U.S. Oil & Gas Industry Just Yet – This is a great thing!

December 14, 2020 Stu Turley

“On one hand, the energy transition is real and here to stay. On the other hand, there are 280 million cars on the road in the U.S. today, 279 million of them running on oil, […]

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