Reason to Cheer Royal Dutch Shell’s gearing, a key measure of debt, fell below 30% in 1Q
Royal Dutch Shell Plc reduced its debt burden in the first quarter, with profit rising by more than expected due
Category: Energy
Industry consortium pushing to commercialize green hydrogen in California by 2030
New York — A western US power industry consortium is creating a commercial green hydrogen cluster at scale with a goal
Continue readingIndustry consortium pushing to commercialize green hydrogen in California by 2030
Despite more people staying at home, U.S. residential energy use fell 4% in 2020
Despite many people spending more time in their homes during 2020 in response to the COVID-19 pandemic, U.S. energy consumption
Continue readingDespite more people staying at home, U.S. residential energy use fell 4% in 2020
Southeast US fuel stocks rise after pipeline restart
Retail fuel supplies in the southeastern US are slowly returning to normal levels after panic buying drained storage following the
Continue readingSoutheast US fuel stocks rise after pipeline restart
Woodside joins Chevron in Canada’s Kitimat LNG exit
Australian independent Woodside Petroleum is exiting its 50pc interest in the proposed 21.2mn t/yr Kitimat LNG project in Canada’s British
Continue readingWoodside joins Chevron in Canada’s Kitimat LNG exit
US raises energy industry complaints with Mexico
Complaints by US energy firms against what they describe as Mexico City’s discriminatory energy policies are among the issues US
Continue readingUS raises energy industry complaints with Mexico
Oil Markets Will Face A Supply Crisis Before Demand Peaks
The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks,
Continue readingOil Markets Will Face A Supply Crisis Before Demand Peaks
OPEC’s Oil Exports Are Surging By 1 Million Bpd In May
We covered this increase in production on our Energy News Beat podcast. Saudi Arabia could not hold out much longer
Continue readingOPEC’s Oil Exports Are Surging By 1 Million Bpd In May
Global Forecast (5-17-2021) – Key Dates from Global Monitor
From: Global Forcast Key Dates May 16 – China industrial production data for April. Data for both industrial production and retail
Continue readingGlobal Forecast (5-17-2021) – Key Dates from Global Monitor
Pathway to critical and formidable goal of net-zero emissions by 2050 is narrow but brings huge benefits, according to IEA special report
Energy News Beat Publishers Note (ENB): The IEA has a beautiful report, but at first blush, the numbers do not