Energy Week

Episode 141 - RIP Keystone XL | Did China's economy grow in 2020 | Total quits API


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Check out Ellen's column on Wednesday at thewarroomnewsletter.com

Biden indicates plans to cancel Keystone XL pipeline permit on first day in office, sources confirm
https://www.cbc.ca/news/canada/calgary/biden-keystone-xl-1.5877038

Keystone XL Oil Project Pledges Zero Carbon Emissions
https://www.wsj.com/articles/keystone-xl-oil-project-pledges-zero-carbon-emissions-11610930642
- Can a pipeline even run on renewable energy?
- Solar panels likely
- But REALLY, they mean that the company will fund 1.6 gigawatts of renewable power.
- What does this mean for the future of infrastructure projects in the US?
- Job contracts were awarded, Alberta wants to sue, potentially
- So many people involved in the process, when a snafu happens in one place it kills it for everyone

Rising oil prices test US producers’ willpower
https://www.woodmac.com/news/opinion/rising-oil-prices-test-us-producers-willpower/
- Is the price right now? Or do people think it will go higher?

China economy grows in 2020 as rebound from virus gains
https://apnews.com/article/pandemics-europe-coronavirus-pandemic-china-japan-9ffd848ef5639f07e77588efde424dcc
- Can we trust China’s numbers?
- Government spending on industrials vs. the consumer economy China wants to become

Adnoc defies retreat from oil with push to pump up output
https://www.ft.com/content/b13efad3-f494-46a8-842c-ccf7124ad43d
- good idea? Bad idea? To increase capex while other companies have been cutting theirs
- Wants to ramp up to 5 million bpd from 3 million bpd by 2025

Total quits API citing climate policy disagreement
https://www.argusmedia.com/en/news/2177425-total-quits-api-citing-climate-policy-disagreement

Total speeds up renewables push with $2.5 billion investment in Indian solar power
https://www.reuters.com/article/us-total-india-adani/french-energy-group-total-buys-20-stake-in-indias-adani-green-energy-idUSKBN29N0C5

These Companies Want to Charge Your Electric Vehicle as You Drive
https://www.wsj.com/articles/these-companies-want-to-charge-your-electric-vehicle-as-you-drive-11610965800
- is it worth changing all the infrastructure?
- how about try it out in one small city first...

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Energy WeekBy Ryan Ray

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