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Home2022May

Month: May 2022

U.S.
US Energy News

U.S. EPA approves emergency fuel waiver in Texas after refinery outage

May 31, 2022 Mariel Alumit

(Reuters) The U.S. Environmental Protection Agency (EPA) issued an emergency air-quality waiver through June 6 to boost supplies of gasoline in East Texas after production was cut at a regional refinery. The waiver allows the […]

No Picture
International News

Delhi-based GreenZo Energy to set up 250 MW green hydrogen electrolyser factory

May 31, 2022

The factory will be built with an investment of about Rs 400 crore New Delhi:GreenZo Energy, a Delhi-basedrenewableenergy consultancy, on Tuesday said it plans to set up a 250-megawatt (MW)green hydrogenelectrolyserfactory with an investment of […]

Nearly 90% of U.S. households used air conditioning in 2020
EIA News

Nearly 90% of U.S. households used air conditioning in 2020

May 31, 2022

According to the most recent results from the 2020 Residential Energy Consumption Survey, 88% of U.S. households use air conditioning (AC). Two-thirds of U.S. households use central AC or a central heat pump as their […]

Samsung
US Energy News

Samsung, Technip Energies Score Engineering Work On Texas LNG

May 31, 2022 Mariel Alumit

Samsung Engineering and Technip Energies have received a Pre-FID engineering contract for the Texas LNG project in Brownsville, Texas, USA. The two companies expect to form a joint venture after Pre-FID engineering, which, under the […]

Russian
Crude Oil News

Russian Oil Sells At Huge Discounts

May 31, 2022 Mariel Alumit

Russia’s flagship crude grade, which was sold mostly to Europe before the Russian invasion of Ukraine, is still selling, but predominantly in Asia, and at a huge discount to Dated Brent. The price of the […]

Russia
Crude Oil News

Russia Says It Will Find Other Oil Buyers After EU Ban

May 31, 2022 Mariel Alumit

The sixth package of EU sanctions against Russia will immediately impact 75% of Russian oil imports. Russia claims it will find other buyers for its crude. Russia is boosting exports to India and China, but […]

Turkey
Commodities

Turkey rejects Indian durum wheat shipment on phytosanitary concerns: traders

May 31, 2022 Mariel Alumit

HIGHLIGHTS Vessel expected to return to Kandla port by mid-June Indian traders concerned about vessels headed to Egypt, other nations Indian trade ministry may clear exports up to 1 mil mt soon Turkey rejected an […]

Gazprom
International News

Gazprom Suspends Gas to Important Energy Supply Link

May 31, 2022 Mariel Alumit

In a statement posted on its Twitter page on Tuesday, Gazprom announced that it has completely suspended gas supplies to Netherlands’ GasTerra B.V. “due to failure to pay in rubles”. The Twitter statement comes with […]

Mexico's
International News

Mexico’s Spend On Fuel Subsidy Is Double Its Oil Exports Revenue

May 31, 2022 Mariel Alumit

Mexico faces budget pressures as it now spends double the money on subsidizing domestic fuel to keep inflation in check than the money it receives from exporting oil, even at prices above $100 per barrel. […]

Gasoline Prices
Top News

Gasoline Prices Hit Record Highs Over Memorial Day Weekend

May 31, 2022 Mariel Alumit

On May 23, heading into this Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon, the highest inflation-adjusted price since 2012. On a nominal basis, this price is the […]

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