Daily Energy Bulletin

May 12, 2021

Tuesday, May 11, 2021

NYMEX Crude Oil: 65.33 +0.41

NYMEX Natural Gas: 2.96 +0.03

Industry News

National News:

Suncor and utility Atco to pursue ‘world-class’ hydrogen project

Union to make last-minute plea as Michigan shutdown of Enbridge’s Line 5 looms

Ottawa enters legal battle over Enbridge’s Line 5 pipeline

Varcoe: A $10B turnaround — after tough 2020, biggest oil and gas producers generate more than $3B in earnings

Woodfibre LNG signs second BP deal for British Columbia LNG plant

Oilsands producers step up anti-pandemic measures as outbreaks rise in region

International News:

Surge in renewables provides optimism world will reach climate goals: IEA

Super Size me: ExxonMobil eyes biggest Guyana floater to date for Yellowtail

US Approves First Large-Scale Offshore Wind Project

Repsol kicks off massive Spanish wind power expansion

Gas stations run dry as cyberattack paralyzes America's biggest pipeline for days to come

To Fight Climate Change, Should Green Investors Reconsider Big Oil?

ESG investing to reach $1 trillion by 2030, says head of iShares Americas as carbon transition funds launch

Pumping CO2 deep under the sea could help Korea hit net zero