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Home2022May

Month: May 2022

UK
Finance

UK now third most attractive clean energy investment market, but global renewables market faces supply chain crunch

May 24, 2022 Mariel Alumit

The UK has climbed two places to third in EY’s bi-annual ranking of the attractiveness of national renewable energy investment, partly due to the Government’s increasing of wind and nuclear targets in the face of […]

Biden
Political

Biden Calls Energy Crisis “Incredible Transition”

May 24, 2022 Mariel Alumit

Biden: High gasoline prices are part of an incredible transition away from oil and gas. The average gasoline price in the U.S. reached $4.596 per gallon at the start of this week. Soaring diesel prices […]

ESG in
International News

Why ESG reporting needs to balance ‘purpose with profit’ for real impact

May 24, 2022 Mariel Alumit

ESG investing is increasingly viewed as a lever for delivering value in a turbulent world. But there is a lack of transparency around reporting and companies aren’t obliged to change their business practices. Companies need […]

electric vehicles
Renewables Not Sustainable

EV Sales Are Booming, But Battery Metals Remain A Problem

May 24, 2022 Mariel Alumit

Global sales of electric vehicles (EVs) surged last year and have continued to grow strongly this year, but soaring prices of critical minerals and supply chain bottlenecks are the greatest obstacles to a continued surge […]

Iraq’s Oil
Crude Oil News

Tensions Rise As Iraq Prepares To Usurp Kurdish Oil Contracts

May 24, 2022 Mariel Alumit

Tensions are rising between Baghdad and Kurdish officials in the semi autonomous Kurdistan Regional Government in Northern Iraq as Iraq’s Oil Ministry prepares to take control of the Kurdish oil sector, including contracts with foreign […]

TotalEnergies
International News

Eni, TotalEnergies Start Drilling Offshore Cyprus

May 24, 2022 Mariel Alumit

Italian Eni and French TotalEnergies on Monday began the exploratory drilling of a natural gas well off the coast of Cyprus in the same block where a discovery was made in 2018. On Monday, the […]

Corpus Christi
Crude Oil News

Port of Corpus Christi sets new tonnage record

May 24, 2022 Mariel Alumit

The Port of Corpus Christi experienced double-digit volume growth in the first four months of 2022, establishing new records for tonnage and revenues. Through the end of April its customers moved 59.2 million tons of […]

Denbury
Renewables Not Sustainable

Denbury and Nutrien Announce Agreement for Transportation and Storage of CO2 to be Captured from Nutrien’s Planned Clean Ammonia Project in Geismar, Louisiana

May 24, 2022 Mariel Alumit

PLANO, Texas & SASKATOON, Saskatchewan, May 18 /BusinessWire/ — Denbury Carbon Solutions, LLC, a wholly owned subsidiary of Denbury Inc. (NYSE:DEN) (“Denbury”), and PCS Nitrogen Fertilizer L.P., a wholly owned subsidiary of Nutrien Ltd. (TSX […]

NOPEC
US Energy News

What is the Chance of NOPEC Succeeding?

May 24, 2022 Mariel Alumit

The latest NOPEC legislation is unlikely to become law, according to Joseph Gatdula, the head of oil and gas at Fitch Solutions. “With the industry firmly against the changes, it is unlikely to garner enough […]

Texas
Exploration and Production

Texas ramps up oil production as gas prices reach new record high

May 24, 2022 Mariel Alumit

(The Center Square) – As the Biden administration doubles down on its policies restricting domestic oil and gas production and promoting green energy, Texas is ramping up production and hiring people to work in the […]

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