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Home2022March

Month: March 2022

Nearly half of U.S. households use LED bulbs for all or most of their indoor lighting
EIA News

Nearly half of U.S. households use LED bulbs for all or most of their indoor lighting

March 31, 2022

U.S. households are increasingly switching to light-emitting diode (LED) bulbs; 47% report using LEDs for most or all of their indoor lighting in 2020, according to the most recent results from the Residential Energy Consumption […]

Imports

Declining North Sea output means UK could soon import 80% of its gas and oil, warns OEUK report

March 30, 2022 Andy Del Prado

The UK will have to import almost all its gas and most of its oil from overseas suppliers unless billions of pounds are invested in new North Sea exploration and production facilities, a report from […]

Electrical Generation / Utilities

Sri Lanka suffers long power cuts as currency shortage makes fuel scarce

March 30, 2022 Andy Del Prado

COLOMBO, (Reuters) – Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepening economic crisis roiled markets and the electricity regulator urged more than a million government […]

Exploration and Production

Biden signals third year of offshore oil-leasing delay in gulf

March 30, 2022 Andy Del Prado

(Bloomberg) — The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Crude Oil News

Oil Prices Continue To Rally As EIA Confirms Crude Inventory Draw

March 30, 2022 Andy Del Prado

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]

Crude Oil News

U.S. oil exports surge, drawing crude away from storage hub

March 30, 2022 Andy Del Prado

NEW YORK, (Reuters) – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the […]

Cushing Oklahoma - ENB
Crude Oil News

Oil Prices Continue To Rally As EIA Confirms Crude Inventory Draw

March 30, 2022 Andy Del Prado

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]

How do you create the perfect ESG Bitcoin mining operation? Mark Lancaster an exclusive interview
Crypto

So how do you create the perfect ESG Bitcoin mining operation? Well, we talk to Mark Lancaster in an exclusive interview.

March 30, 2022 Stu Turley

There are many people claiming that they know how to mine for Bitcoin using different techniques to gain the “ESG” status every investor wants. Well, Mark Lancaster, Vice President of Business Development, Broussard Energy, and […]

Drought effects on hydroelectricity generation in western U.S. differed by region in 2021
EIA News

Drought effects on hydroelectricity generation in western U.S. differed by region in 2021

March 30, 2022

In 2021, a historic drought that affected much of the western United States led to reduced water supply and, as a result, lower hydropower generation in the Pacific Northwest and California. Electricity generation at California’s […]

U.S. coal exports
Crude Oil News

Crude oil exports from other countries may pass through Russian infrastructure

March 29, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Petroleum Supply Monthly Earlier this month, President Biden banned U.S. imports of crude oil, refined petroleum products, natural gas, coal, and coal products that originate in Russia. The President’s executive order, however, does not […]

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