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Home2022May

Month: May 2022

The former Venezuelan National Assembly president and opposition leader Juan Guaidó at a news conference in Caracas in March
International News

U.S. to Offer Minor Sanctions Relief to Entice Venezuela to Talks

May 21, 2022 Stu Turley

 The Biden administration said Tuesday it would slightly loosen the crippling economic sanctions against Venezuela’s government to help restart stagnant talks between President Nicolás Maduro and opposition leaders aimed at easing the country’s political and […]

Hungary rejects sanctions on Russians oil -ENB
Commodities

Hungary says ditching Russian oil to cost at least $810 million

May 21, 2022 Stu Turley

Hungary told its European Union counterparts that it will cost at least 770 million euros ($810 million) to revamp its oil industry as they wrangle over potential sanctions that would target Russian supplies. Prime Minister […]

Biden
Energy Policy

The Biden Administration’s Aimless Energy Policy Is Gambling With America’s Economy

May 21, 2022 Stu Turley

The Biden Administration just tripled down on a losing bet to lower gasoline prices for Americans by announcing a record release from the Strategic Petroleum Reserve, as if it were a brag-worthy achievement. At the […]

FERC commissioners respond to elevated power outage risks across two-thirds of US
Electrical Generation / Utilities

FERC commissioners respond to elevated power outage risks across two-thirds of US

May 21, 2022 Stu Turley

At its monthly meeting Thursday, Federal Energy Regulatory Commission members dissected the North American Electric Reliability Corp.’s warning that roughly two-thirds of the United States faces heightened risks of power outages this summer. The Midcontinent […]

Persian Gulfs smallest oil producer looks to gas imports -ENB
International News

Persian Gulf’s smallest oil producer looks to gas imports to meet demand

May 21, 2022 Stu Turley

The smallest oil producer in the Persian Gulf is turning to natural gas imports to meet rising energy demand as production from its own deposits slips. Bahrain plans to import at least five or six […]

No Picture
International News

IGL raises CNG prices, says rates to remain high

May 21, 2022

The rates In Noida, Ghaziabad, Gurugram and other cities in U.P., Haryana and Rajasthan served by the company will be between Rs 78.17 and Rs 86.07 a kg. NEW DELHI:Indraprastha Gas Ltd(IGL) late on Friday […]

Rosneft
International News

Schroeder quits Rosneft job after pressure over Putin ties

May 20, 2022 Mariel Alumit

(Bloomberg) — Former German Chancellor Gerhard Schroeder is quitting his post as chairman of Russian state-owned oil company Rosneft PJSC after widespread calls for him to cut ties to Russian President Vladimir Putin over the […]

Texas
Finance

‘Hell no’: Finance firms tell Texas they don’t boycott energy

May 20, 2022 Mariel Alumit

(Bloomberg) — As Texas officials hunt for financial firms hostile to the energy industry, Wall Street is rolling out its fossil fuel bona fides to convince officials not to bar them from doing business with […]

home-microgrid
Microgrid

Microgrids drive a net-zero future for electrified fleets

May 20, 2022 Mariel Alumit

As more fleets convert to electric vehicles, infrastructures and internal systems must be digitized and energy needs to include sustainable resources. Don Wingate, vice president of utility and microgrid solutions North America operations at Schneider […]

Bloomberg commodities - energynewsbe
Energy Policy

Vast swath of U.S. at risk of summer blackouts, regulator warns

May 20, 2022 Mariel Alumit

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply-chain woes strain the electric grid. Power […]

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