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Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less   Jan 14, 2021
Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March. Bloomberg  

Qatar Investment Authority nets $892 million gain from Tiffany & Co. sale   Jan 14, 2021
Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH's $15.8 billion acquisition of the U.S. jeweller, according to analyst estimates and filing data. Reuters  

Halliburton's Permian fracturing swaps diesel for grid power   Jan 14, 2021
Electric fracturing aligns with our goal to provide the industry with lower-carbon intensive solutions and our commitment to a sustainable energy future,” said Michael Segura, Halliburton’s vice president of product enhancement. Houston Chronicle  

Nigerian Oil Major Focuses On Condensates To Offset OPEC Cuts   Jan 14, 2021
The Nigerian National Petroleum Corporation has decided to focus its attention on condensates production to compensate for lost revenue from oil exports due to the country’s commitment to the OPEC+ pr OilPrice  

Circle K Owner’s $20 Billion French Move Hits Wall of Worry   Jan 14, 2021
Tard Inc. founder Alain Bouchard gave an update to investors about the company’s hunt for a major acquisition. The convenience store chain was on the lookout for deals, he said, but not at any cost. Bloomberg  

AP PHOTOS: Venezuelan street artist seeks to inspire   Jan 14, 2021
The glowing face of one of Venezuela’s greatest athletes seems to invigorate a corner of the country’s decaying capital, a splash of color and inspiration Associated Press  

Tecogen Receives Tecochill Order for Massachusetts Cultivation Facility   Jan 14, 2021
Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce the sale of two 200-ton Tecochill chillers for a new cannabis cultivation facility located in Massachusetts. Associated Press  

Oil prices ease as pandemic overshadows Chinese and U.S. data   Jan 14, 2021
Oil prices dipped on Thursday as surging coronavirus cases in Europe and new lockdowns in China renewed worries about global oil demand and eclipsed bullish signals from Chinese import data and U.S. crude oil stocks draws. Reuters  

Here Are the U.S. Companies Hitting Pause on Political Donations   Jan 14, 2021
The list of companies that say they are withholding political contributions after the Jan. 6 U.S. Capitol riot continues to grow steadily. The companies fall into a few broad categories: Those going after specific Republican lawmakers who voted against the certification of the presidential election, Houston Chronicle  

Europe’s Oil Demand Starts 2021 With Whimper on New Virus Surge   Jan 14, 2021
Europe’s oil demand is off to a sluggish start to the year as restrictions on movement limit the consumption of road fuels. Bloomberg  

Xpansiv Completes Successful Pre-IPO Capital Raise   Jan 14, 2021
Xpansiv CBL Holding Group Limited ( ) today announced its successful pre-IPO capital raise from existing and new inv Associated Press  

Total joint venture to develop 12 solar projects across U.S., including in Texas   Jan 14, 2021
A joint venture involving French oil major Total is planning to develop a dozen solar and energy storage projects in the U.S., including five in Texas. Total on Thursday said it inked a deal with 174 Power Global, Houston Chronicle  

Lillard suma 40, Blazers igualan marca de triples ante Kings   Jan 14, 2021
SACRAMENTO, California, EE.UU. (AP) — Damian Lillard encestó ocho de sus 40 puntos, su mejor marca en lo que va de temporada, en los cuatro últimos minutos, y los Trail Blazers igualaron Arizona Daily Star  

Pioneer Natural Resources Announces Early Results of Debt Tender Offers   Jan 14, 2021
Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or the “Company”) announced today the early results of Pioneer’s previously announced cash tender offers to purchase any and all of the outstanding 5. Associated Press  

Viking Extinguishes $18.9 Million in Debt   Jan 14, 2021
Closes $39 Million in Equity Transactions Since Dec. 23/20. HOUSTON, TX / ACCESSWIRE / January 14, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) (“Viking” or the “Company” Associated Press  

Trump's environmental swan song sheds light on climate future   Jan 14, 2021
Big Oil says no to drilling in Alaska's Arctic Wildlife Refuge, focusing future investments on renewable energy. CNN  

UPDATE 1-Oil companies, industry group could cut political donations post-riot -API President   Jan 14, 2021
Some energy companies have decided to stop making political donations after rioters attacked the U.S. Capitol last week, the head of a top industry trade group said on Wednesday. Reuters  

UK power utility Centrica expects 2020 net debt down 10%   Jan 14, 2021
British utility Centrica's closing net debt last year is expected to be about 2.8 billion pounds ($3.8 billion), a reduction of more than 10% on the year, the company said in a trading update on Thursday. Reuters  

OPEC sees U.S. shale output recovering further on oil rally   Jan 14, 2021
The outlook for U.S. shale oil is slightly more "optimistic" due to rising prices and output will recover further in the second half of 2021, OPEC said on Thursday, in a sign its policy of cutting output is helping rivals pump more. Reuters  

Charting The First 100 Days Of 6 Presidents   Jan 14, 2021
President-elect Joe Biden has a tricky 100 days ahead of him. The 46th president of the United States will have a narrow majority in both chambers of Congress, after running on the most progressive economic platform in modern history. Forbes  

Oil Driller Ovintiv Faces Proxy Fight Threat From Kimmeridge   Jan 14, 2021
Kimmeridge Energy Management Co. said it’s prepared to nominate directors to the board of Ovintiv Inc. if the oil and gas producer fails to take the necessary steps to improve its performance and restore investor confidence. Bloomberg  

Energean approves Israel gas field development   Jan 14, 2021
Energean announced on Thursday it will develop a new natural gas field off the coast of Israel at an initial cost of $150 million. Reuters  

Mozambique Pushes for Total to Restart $20 Billion Project   Jan 14, 2021
Mozambique wants Total SE to quickly restart work on its $20 billion liquefied natural gas project, despite concerns that insecurity could lead to a prolonged delay, the nation’s energy minister said. Bloomberg  

Oil prices ease as pandemic outweighs Chinese and U.S. data   Jan 14, 2021
Oil prices dipped on Thursday as bullish signals from Chinese import data and U.S. crude oil stocks draws were outweighed by surging coronavirus cases in Europe and new lockdowns in China. Reuters  

Uniper has not received U.S. sanctions threats over Nord Stream 2: CEO   Jan 14, 2021
German utility Uniper, part of the group of western financiers supporting the Russia-led Nord Stream 2 gas pipeline, said it had not received any threats of sanctions from the United States targeting supporters of the project. Reuters  

Cold Snap Prompts Fuel Oil Frenzy in Power-Starved Asia   Jan 14, 2021
Asian utilities are snapping up prompt supplies of fuel oil -- an emergency backstop for natural gas -- as power demand surges across the region due to a winter freeze. Bloomberg  

UPDATE 2-J.P. Morgan turns positive as Exxon cuts win back Wall St   Jan 14, 2021
J.P. Morgan was the latest major U.S. investment bank to turn positive on Exxon Mobil on Wednesday, just months after its removal from the blue-chip Dow Jones Industrial Average capped a catastrophic year for America's major oil producers. Reuters  

Circle K's owner offers $20 billion for France's biggest retailer   Jan 14, 2021
Canada's Couche-Tard (ANCTF), the owner of Circle K, said in a statement on Wednesday that it's offering €20 ($24.35) a share to acquire France's biggest supermarket chain, Carrefour. The offer, which Couche-Tard expects to be mostly in cash, CNN  

Outrigger Energy II Announces Completion of its Williston Basin Midstream Facilities   Jan 14, 2021
Outrigger Energy II LLC (“Outrigger”) announced today that it has completed construction of its Williston Basin midstream facilities project in Williams County, ND. The assets consist of the Bill Sanderson Gas Processing Plant, Associated Press  

UPDATE 1-Norway eyes slower growth in 2021-2023 oil output   Jan 14, 2021
OSLO, Jan 14 (Reuters) - Norway’s oil industry regulator has cut its 2021-2023 crude production forecasts, it said on Thursday, although output is still on track to grow as new fields are brought on stream. Preliminary data shows crude output rose 20% in ... Reuters  

Norway oil regulator cuts 2021-2023 crude output forecasts   Jan 14, 2021
Norway's oil industry regulator has cut its 2021-2023 crude production forecasts, it said on Thursday, although output is still on track to grow significantly as new fields are brought on stream. Reuters  

Corning Natural Gas Holding Corporation to be Acquired by Argo Infrastructure Partners, LP for ...   Jan 14, 2021
Corning Natural Gas Holding Corporation’s (Corning or the Company) Board of Directors announced they have reached an agreement with an affiliate of Argo Infrastructure Partners, LP (Argo), an independent infrastructure investment manager, Associated Press  

Singapore fuel oil stocks slip, records rare export to Kuwait   Jan 14, 2021
Singapore's residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and steady bunker fuel demand, official data showed on Thursday. Reuters  

Oil Pauses Near $53 With Rising Fuel Supplies Threatening Rally   Jan 14, 2021
Oil in New York was steady after a rally that pushed prices to the highest level in 10 months ran out of steam as a rise in U.S. fuel stockpiles added to concern over a shaky demand outlook. Bloomberg  

Victory Conducts Reconnaissance on Loner Property in Nevada   Jan 14, 2021
VANCOUVER, BC / ACCESSWIRE / January 14, 2021 / Victory Resources Corporation (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (“Victory” or the “Company”) is pleased to announce that the Company’s project geologist and driller have conducted their reconnaissance toward the Company’s anticipated 500m short hole drill program on the Company’s recently optioned Loner Property in Nevada as previously announced, Associated Press  

Chevron: Long-Term Capital Budget Forecast Slashed, Shale Impact   Jan 14, 2021
Chevron revised its 2021 and long-term spending guidance in December, coming in well below expectations. Notably, shale has seen its share grow of the Chevron budget in recent years, and it will jump again once Tengiz Field expansion projects are completed next year. Seeking Alpha  

Oil prices edge up on strong China data, U.S. crude oil draw   Jan 14, 2021
Oil prices edged higher on Thursday after a drawdown in U.S. crude stocks for a fifth straight week and robust data from China showing a surge in imports, though mounting coronavirus cases globally capped gains. Reuters  

UPDATE 3-New Fortress Energy bets on Brazil's LNG growth with Hygo acquisition   Jan 14, 2021
U.S.-based New Fortress Energy Inc said on Wednesday it would buy natural gas company Hygo Energy Transition Ltd for $2.18 billion to expand its presence in Brazil, a frontier for growth in the burgeoning liquefied natural gas market. Reuters  

Chesapeake Energy bankruptcy plan approved by U.S. judge   Jan 14, 2021
U.S. oil and gas producer Chesapeake Energy's Chapter 11 bankruptcy plan was approved by a U.S. judge on Wednesday, giving lenders control of the firm and ending a contentious trial. Reuters  

New Fortress Energy to Acquire Power Purchase Agreements and Build LNG-to-Power Project at the Suape Port in Brazil   Jan 14, 2021
New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has signed a Memorandum of Understanding (“MOU”) with Petrobras Distribuidora S.A. (“BR”) and CCETC Brasil Holding Ltda. (“CCETC”) to acquire 288MW of 15-year power purchase agreements (“PPAs”) and intends to develop an LNG terminal and gas-fired power plant at the Suape Port in Brazil. Associated Press  

AccountabilIT Acquires Enterprise Technology Services, Bringing Wider Variety Of Services & Products To A National Market   Jan 14, 2021
AccountabilIT has announced it has acquired Enterprise Technology Services (ETS), a managed services provider in Arizona. The purchase will allow both companies to expand their presence and dominance in the Arizona and national markets, Associated Press  

Golar LNG Limited and Stonepeak Infrastructure Partners to Sell 100% of Hygo Energy Transition ...   Jan 14, 2021
Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. Associated Press  

Agility Receives Low NOx 6.0L 2021 CARB and EPA Certification   Jan 14, 2021
This new product from Agility enables vehicles such as the Freightliner Custom Chassis MT45 and MT55 walk-in vans, which are built to handle payloads of up to 23,000lbs., to be upfitted with Agility’s proprietary natural gas controls and fuel system to conform with the proposed 2024-2027 new CARB NOX emission regulations, Associated Press  

New Fortress Energy to Acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in Combined $5 Billion Transaction   Jan 14, 2021
New Fortress Energy to Acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in Combined $5 Billion Transaction New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. Associated Press  

Western States and Tribal Nations Natural Gas Initiative Announces Inaugural Board of Directors   Jan 14, 2021
The Western States and Tribal Nations Natural Gas Initiative (WSTN), a government-led collaborative effort to develop export markets for natural gas from western U.S. states and tribal lands, today announced the appointment of its first Board of Directors. Associated Press  

My Dividend Portfolio: December 2020 Update - 97 Holdings, 46 Buys, 5 Forced Sells   Jan 14, 2021
My dividend income amounted to $314, down 13% both sequentially and year-over-year. Gifted Working Time: Around 152 hours, or 17.4 days, of active work have been replaced with passive income in 2020 already. Seeking Alpha  

Lillard has 40, Blazers tie team record for 3s to beat Kings   Jan 14, 2021
Damian Lillard scored eight of his season-high 40 points in the final four minutes, and the Portland Trail Blazers tied a franchise record with 23 3-pointers to beat Associated Press  

First Sentier Investors Launches American Listed Infrastructure Fund   Jan 14, 2021
First Sentier Investors, a leading global asset manager, today announced the launch of a new mutual fund focused on U.S. listed infrastructure assets. The First Sentier American Listed Infrastructure Fund (FLAIX) aims to invest exclusively in the public equity of companies that own and operate infrastructure assets in the United States. Associated Press  

Enbridge rejects Michigan governor's notice it must shut down Line 5   Jan 14, 2021
Canadian pipeline company Enbridge Inc has said it will not comply with Michigan Governor Gretchen Whitmer's notice ordering it to shut down its Line 5 in May after terminating the easement for the oil and natural gas dual pipeline in the Straits of Mackinac in Reuters  

UPDATE 1-China's 2020 crude oil imports hit record on stockpiling, new refineries   Jan 14, 2021
Dec at record on harsh winter (Adds fuel exports, analyst comment, customs comment on U.S. crude imports) BEIJING/SINGAPORE, Jan 14 (Reuters) - China’s total crude oil imports surged 7.3% in 2020 despite the coronavirus shock earlier in the year, Reuters  

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