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Home2022May

Month: May 2022

International News

Big Drop in Russia Diesel Exports

May 13, 2022 Mariel Alumit

Diesel exports from Russia fell sharply in April from their prewar level as oil buyers seek to punish one of the world’s biggest suppliers. Shipments of diesel-type fuel out of Russia’s Baltic and Black sea […]

No Picture
International News

CIL exceeds commitment to electricity plants; tough time for non-power sector

May 13, 2022

As a number of states have been facing an unprecedented power outage, Coal India is pushing more fuel to power plants than its commitment of 1.65 million tonnes per day, a company told on Thursday.CoalIndia […]

No Picture
International News

Reliance and BP draft plan for fuel dealers to avoid closures

May 13, 2022

On March 16, RIL nearly halved fuel supply to its dealers owing to losses of Rs 10-12 per litre daily on the sale of diesel. The company has not resumed fuel supplies fully.On March 16, […]

Commodities

OPEC+ Misses Production Target By Whopping 2.7 Million Bpd

May 12, 2022 Stu Turley

All 13 members of OPEC saw their production rise by just 153,000 barrels per day. OPEC’s collective production rose to 28.648 million bpd in April. Saudi Arabia, raised its production by 127,000 bpd to 10.346 […]

What Does The EU Need To Do To Wean Itself Off Russian Fossil Fuels?
Geopolitical

What Does The EU Need To Do To Wean Itself Off Russian Fossil Fuels?

May 12, 2022 Mariel Alumit

EU countries are racing to replace Russian fossil fuels with renewable energy. The EU is reportedly considering easing environmental regulations in an attempt to bolster renewable energy projects. Russia’s invasion of Ukraine is speeding up […]

International News

Can Washington Regain Influence On The World Stage?

May 12, 2022 Mariel Alumit

The global geopolitical system changed forever at the end of the Cold War, and the U.S. has struggled with how to play the new game, unsure of its position on the world stage. A lack […]

India Looks To Import More LNG Amid Rising Demand
International News

India Looks To Import More LNG Amid Rising Demand

May 12, 2022 Mariel Alumit

Gas demand from households in cities and from the transportation sector in India is currently outpacing supply, which has prompted the government to mandate state-held GAIL (India) Limited to import more LNG and buy gas […]

Keystone Tower Systems
Renewables Not Sustainable

Keystone Tower Systems begins production on first spiral-welded wind towers in Texas

May 12, 2022 Mariel Alumit

Keystone Tower Systems has begun commercial production of the first utility-scale spiral-welded towers at its new factory in Pampa, Texas. The factory currently has 40 employees with plans for further hiring. The first tower will be delivered […]

Libya’s parliament-backed PM says oil fields may restart soon
Crude Oil News

Libya’s parliament-backed PM says oil fields may restart soon

May 12, 2022 Mariel Alumit

(Bloomberg) — Libya’s parliament-backed prime minister said closed oil fields and ports in the OPEC country may soon reopen, though his rival’s energy minister said negotiations with protesters were proving difficult. Fathi Bashagha, who Libyan […]

Blackouts are on the horizon this summer
Renewables Not Sustainable

Blackouts are on the horizon this summer

May 12, 2022 Mariel Alumit

Stock up on candles. Blackouts could hit California again this summer, reported the Sacramento Bee. Although 2021 avoided power losses, 2020 saw “two consecutive nights of rolling blackouts,” the first since the 2001 electricity crisis. […]

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