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Home2022May

Month: May 2022

Rob Allerman - Senior Director Power Analytics at Enverus
Electrical Generation / Utilities

What happens when the lights don’t come on? We talk to Enverus about all things power and ERCOT.

May 6, 2022 Stu Turley

There are a lot of things we take for granted, spouses, your pet’s affection, food at the grocery store, and most of all the electricity when you flip the switch. When any of those are […]

Portland General Electric’s operations center in Tualatin - 35 percent from renewables
Electrical Generation / Utilities

Get Ready for Another Energy Price Spike: High Electric Bills

May 5, 2022 Stu Turley

ENB Publishers Note Nice opinions from the Post, but there is some research required or facts checked.  Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, […]

Russia's Oil Output Is Plummeting, And It May Never Recover
Exploration and Production

Russia’s Oil Output Is Plummeting, And It May Never Recover

May 5, 2022 Mariel Alumit

Russia’s oil output is plummeting, and the ban the import of Russian oil in May. OPEC recently warned that markets could see the loss of more than 7 million barrels per day of Russian oil […]

U.S. Senate Passes NOPEC Antitrust Bill
Crude Oil News

U.S. Senate Passes NOPEC Antitrust Bill

May 5, 2022 Mariel Alumit

U.S. Senate Judiciary Committee approved the No Oil Producing and Exporting Cartels Act. The NOPEC bill has been on and off the table for decades. It is unclear whether the bill will be signed into […]

Texas oil and gas has gained 16,000 jobs in the past year, new report says
EIA News

U.S. oil producers increased capital expenditures and cash from operations in late 2021

May 5, 2022 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from Evaluate Energy In response to higher crude oil prices, financial results for 42 U.S. exploration and production (E&P) companies showed large increases in both […]

No Picture
International News

Former ONGC head Shashi Shanker on Adani Total Gas board

May 5, 2022

Shanker, who superannuated as the head of India’s largest oil and gas producer on March 31, 2021, was appointed to the board of ATGL on May 4. New Delhi:Shashi Shanker, former chairman and managing director […]

No Picture
International News

Pushp Kumar Joshi is interim HPCL chairman; awaits confirmation as full-time head

May 5, 2022

Joshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to be the new head of the company. But his appointment is yet to be ratified by the […]

Exxonmobil -energynewsbeat.com
Renewables Not Sustainable

ExxonMobil planning carbon capture project at Baytown complex

May 5, 2022 Mariel Alumit

ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company […]

Finance

California Resources Reports First Quarter 2022 Results, Increases and Extends Its Share Repurchase Program, Raises 2022 Guidance and Provides an Update on Its Carbon Management Business

May 5, 2022 Mariel Alumit

SANTA CLARITA, Calif., May 05 /BusinessWire/ — California Resources Corporation (NYSE:CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported first quarter 2022 operational and financial results. “CRC […]

Now the real effects are starting to create a second wave of impact on oil markets, disrupting Russian exports and threatening further price increases. 
Finance

Shell plc publishes first quarter 2022 press release

May 5, 2022 Mariel Alumit

“The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken […]

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