March 6

Daily Energy Standup Episode #74


Daily Standup Top Stories 

Forget Peak Oil Demand: A Thirst for Barrels Puts $100 in View

As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP Plc, made a startling admission: He thought that oil demand might never return to its pre-pandemic peak. But recently, Looney has […]

Chevron boosts annual share buyback, hikes US spending

HOUSTON (Reuters) – Oil major  Chevron Corp  on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States. Chevron increased […]

Opinion: BP’s Beyond Petroleum rolls back climate ambitions, sends …

BP, the former British Petroleum, desperately wants to be a good environmental citizen – but not just yet. Last month, the company rolled back its climate ambitions. Shareholders who love oil-soaked profits sent BP BP-N shares soaring. Shell SHEL-N, […]

Russia set to Mothball Damaged Nord Stream Gas Pipelines

​ Nord Stream pipelines ruptured by blasts in September Sources say both lines will be conserved to prevent degradation Investigation into blasts continuing Russian gas exports outside ex-USSR almost halved last year This content was […]

Subsea7, Siem Offshore, and Kongsberg take aim at floating offshore wind – Will this impact more Whale deaths?

ENB Note: Will Whales be impacted? Home Offshore wind Subsea7, Siem Offshore, and Kongsberg take aim at floating offshore wind Subsea7, Siem Offshore, and Kongsberg Maritime have signed a Memorandum of Understanding to jointly look […]

Power Shortages Coming Soon To America – A “Balanced Diet of Power” could stop the crisis

A balanced diet of Power” could stop the crisis Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Existing power plants are projected to retire at a faster pace than installations of new units, […]

Residents Told To Shelter In Place After Norfolk Southern Freight Train Derails In Ohio

Another Norfolk Southern freight train has derailed in Ohio. “The Clark County Emergency Management Agency is asking residents within 1,000 feet of a train derailment at Ohio 41 near the Prime Ohio Business Park to […]

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