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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 […]

Bakken+Shale+Rig+Count
Crude Oil News

US producers capture record volume of associated gas production in 2020

December 25, 2020 Stu Turley

Denver — US operators captured a record percentage of associated gas in oil-rich US plays in 2020 as new infrastructure combined with lowered output, while natural gas achieved the strongest gas-to-oil price ratios recorded in years. […]

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 […]

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