Energy News

Crews install one of two turbines for Dominion Energy's Coastal Virginia Offshore Wind project off the coast of Virginia Beach, Va. Dominion Energy plans to invest billions in offshore wind as it pivots away from natural gas pipelines and slashes greenhouse gas emissions.
Source: Dominion Energy Inc.

Dominion points to ESG as key factor in decision to off-load gas assets

S&P Global


Oil & Gas 360 Publishers Note: We have been seeing that ESG is being tied to capital, investor confidence, and public opinion. We also see that if you do not have a well articulated ESG program you (as

EnerCom’s The Oil & Gas Conference registration is open

EnerCom’s The Oil & Gas Conference registration is open

Oil and Gas 360


Publisher’s Note: REGISTER NOW! Please join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference

Unprecedented times call for unprecedented solutions, this year’s conference will be the first hybrid …

July 10, 2020 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, TOGC, TOGC25
360 Digital Closing Bell 7-10-2020

360 Digital Closing Bell 7-10-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 8 min summary of the energy markets.  

 

Michael covers the highlights and sets up our coverage of the Supreme Court Ruling

Source: Reuters

Libya lifts exports force majeure but says output recovery to be slow

Reuters


TUNIS/LONDON  – Libya’s National Oil Corporation (NOC) lifted force majeure on all oil exports on Friday as a Vitol tanker loaded at Es Sider after a half-year blockade by eastern forces, but said technical problems caused by the shutdown …

Source: Reuters

Oil steadies on resurgence of virus cases

Reuters


LONDON  – Oil prices steadied on Friday but were still set for weekly declines as inventories rose and record-breaking new coronavirus cases in the United States stoked concern about the pace of economic recovery and fuel demand.

Brent crude …

Source: Reuters

IEA raises 2020 oil demand forecast but warns COVID-19 clouds outlook

Reuters


LONDON – The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook.

The Paris-based IEA raised its forecast to 92.1 million barrels …

Tamarack Valley Energy Announces Strategic Asset Acquisition in West Central, Alberta & Updated 2020 Pro Forma Guidance

Tamarack Valley Energy Announces Strategic Asset Acquisition in West Central, Alberta & Updated 2020 Pro Forma Guidance

Tamarack Valley Energy Announces Strategic Asset Acquisition in West Central, Alberta & Updated 2020 Pro Forma Guidance

360 Digital Closing Bell 7-9-2020

360 Digital Closing Bell 7-9-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 8 min summary of the energy markets.  

 

Michael covers the highlights and a new IPO out of Flordia

 

International News

Source: Reuters

Rooftop revolution: Coronavirus chill upends solar power industry

Reuters


LOS ANGELES/MADRID/LONDON – The booming rooftop solar panel industry nosedived overnight when the coronavirus forced homeowners to rein in spending and keep their distance from would-be installers.

Now, in their struggle to survive, companies on both sides of the …

Source: Forbes

PA’s gas producers become a political football in new AG report

Forbes


The oil and gas industry has always been an easy target for ambitious politicians. Jimmy Carter based much of his 1976 presidential campaign on using the industry as a boogeyman, blaming it for embargoes and price shocks that it …

Source: Reuters

U.N. chief urges end to coal financing to spur clean energy shift

Reuters


LONDON – United Nations Secretary-General Antonio Guterres urged countries on Thursday to stop financing coal and pledge not to build new coal-fired power plants to enable a shift to clean energy.

He spoke at a virtual clean energy transition …

July 9, 2020 - 11:00 am China, Climate Change, Coal News, Energy News

Longroad Energy Completes Financing and Sale of 294 MW(dc) Muscle Shoals Solar Project

BOSTON , July 9, 2020 /PRNewswire/ — Longroad Energy, a US-based renewable energy d…

Source: Reuters

Energy industry veterans to launch hydrogen investment fund

Reuters


LONDON  – Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans.

Hydrogen has long-been touted as a potential …

Oil Pipelines Hit A Dead End. So Do Power Lines Needed For Renewable Energy

Oil Pipelines Hit A Dead End. So Do Power Lines Needed For Renewable Energy

Forbes


Oil & Gas 360 Publishers Note: Sometimes when people make decisions, they do not look at the unintended consequences. Stopping the oil and gas pipelines will hurt the renewable markets – oops…

Builders of oil and gas pipelines suffered

EnerCom’s The Oil & Gas Conference registration is open

EnerCom’s The Oil & Gas Conference registration is open

Oil and Gas 360


Publisher’s Note: REGISTER NOW! Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference

Unprecedented times call for unprecedented solutions, this year’s conference will be the …

July 8, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, TOGC25
EIA forecasts global stock draws through 2021

EIA forecasts global stock draws through 2021

EIA


The disruptions to global petroleum supply and consumption as a result of the 2019 novel coronavirus disease (COVID-19) and associated mitigation efforts have been significant. As road and air travel fell sharply when economies around the world went into …

360 Digital Closing Bell 7-8-2020

360 Digital Closing Bell 7-8-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 8 min summary of the energy markets.  

 

Michael covers the highlights ,just because we are not shutting down the pipeline, we

Source: Reuters

Russia’s Nornickel disputes $2 billion Arctic spill damages claim

Reuters


MOSCOW – Russian mining giant Norilsk Nickel (Nornickel) is disputing more than $2 billion in damages after a fuel spill which Russia’s environmental watchdog has said threatens unprecedented damage to the Arctic.

Watchdog Rosprirodnadzor sent a request for “voluntary …

July 8, 2020 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Forbes

Cheap Energy Was A Surprise Benefit Of QE, But That May Be Ending

Forbes


Quantitative easing (QE) was a response to the financial crisis. Under this policy the central bank buys government assets, and increasingly any assets, to support the economy. Previously in order to source funding, a government could sell bonds to …

Source: Reuters

China hires Morgan Stanley, Goldman Sachs to advise on pipeline asset transfers: sources

Reuters


HONG KONG/BEIJING – Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisers for multi-billion dollar deals transferring oil and gas pipeline assets into a national energy infrastructure giant, four sources said.…

July 8, 2020 - 10:30 am China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

End of an era? Series of U.S. setbacks bodes ill for big oil, gas pipeline projects

Reuters


WASHINGTON/NEW YORK  – A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good …

360 Energy Expert Network Preview: George Friedman

360 Energy Expert Network Preview: George Friedman

Oil and Gas 360


Publisher’s Note: JOIN US on Wednesday, July 8, 2020 on The 360 Energy Expert Network  to watch our exclusive interview with George Friedman, Founder and Chairman of Geopolitical Futures about his most recent book “The Storm

-360 Digital Closing Bell 7-7-2020

-360 Digital Closing Bell 7-7-2020

Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail.  The best 8 min summary of the energy markets.  

 

Michael covers the highlights , gas up, and the majors are going to be

Haynes and Boone Replay: Weekly Energy Tracker Call  07-07-2020

Haynes and Boone Replay: Weekly Energy Tracker Call 07-07-2020

Oil and Gas 360


Weekly Energy Tracker Call (07/07/20)

Haynes and Boone, AEGIS and EnerCom welcome you to a weekly series of webex meetings to discuss business and legal issues erupting in the oil and gas world.

Replay: Weekly

Source: Reuters

Exclusive: Russia’s Rosneft to buy a drilling business from IDS: letter

Reuters


MOSCOW – Rosneft is set to buy a drilling business from IDS Group, a letter to IDS staff seen by Reuters showed, as the Russian oil giant continues its push into oilfield services to help reduce costs.

The letter …

Source: Reuters

Iran’s oil storage almost full as sanctions and pandemic weigh

Reuters


LONDON – Iran has slashed crude oil production to its lowest level in four decades as storage tanks and vessels are almost completely full due to a fall in exports and refinery run cuts caused by the coronavirus pandemic, …

Source: Reuters

Write-downs put spotlight on energy majors’ scattered oil price outlooks

Reuters


LONDON – A series of huge write-downs among energy majors triggered by lower assumptions for future oil prices has put a spotlight on the sector’s scattered price outlooks.

On Monday, Eni announced a 3.5 billion euro ($3.95 billion) impairment …

U.S. natgas output drops by record amount after West Virginia pipe shuts

U.S. natgas output drops by record amount after West Virginia pipe shuts

Reuters


U.S. natural gas production was on track to drop by a record amount on Tuesday to its lowest since September 2018 due in part to unplanned work on TC Energy Corp’s Mountaineer Xpress pipeline in West Virginia, according to …

July 7, 2020 - 10:30 am Closing Bell Story‎, Energy News, Natural Gas News

CEO’s & Executives from Snam, Carbon Trust and United Nations PRI and more on Building Back Better

LONDON – In case you missed it – – Reuters Events – today announced the launch of their Virtual Build Back Better Symposium: Climate Crisis, Oil Price & Covid-19 (9th July, 14:00-17:00 BST), to explore how industry can ensure …

July 7, 2020 - 6:23 am Energy News, Press Releases
360 Energy Expert Network Preview: Allen Gillmer

360 Energy Expert Network Preview: Allen Gillmer

Oil and Gas 360


Publisher’s Note: JOIN US on Tuesday, July 7, 2020 on The 360 Energy Expert Network  to watch our exclusive interview with Allen Gillmer, Founder and Board Member of ENVERUS.

 

 

360 Energ360 Energy Expert Network Preview: Allen Gillmer- oil and gas 360

 

360 Energy Expert Network Preview: Allen Gillmer- oil and gas 360

About Enverus:

In