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Home2022May

Month: May 2022

No Picture
International News

Indian Wind Energy Sector Envisions Flow of Rs. 80,000 Crore in Coming Years

May 3, 2022

The industry is hopeful of attracting Rs. 10,000-15,000 crore investment in upgrading equipment manufacturing capacity alone which will have the catalysing effect of attracting additional Rs. 70,000-80,000 crore investment in complimentary activities such as transmission, […]

No Picture
International News

Power Grid to buy IL&FS Energy Development Company’s stake in CPTCL

May 3, 2022

According to a regulatory filing on Monday, the company’s board has cleared the proposal for purchase of 77,30,225 equities of IEDCL in CPTCL. New Delhi: State-ownedPowerGrid Corporation (PGCIL) will purchase IL&FS Energy Development Company Ltd’s […]

No Picture
International News

Home Minister Amit Shah reviews power situation amid outages

May 3, 2022

During the meeting, Shah reviewed the situation of coal supply to the power plants and power generation, among other issues, the sources said.New Delhi: Union Home MinisterAmit Shahon Monday chaired a meeting of the top […]

drilling-rig-better
Crude Oil News

U.S. drillers add oil and gas rigs for record 21 months in a row

May 2, 2022 Mariel Alumit

(Reuters) – U.S. energy firms last week added oil and natural gas rigs for a record 21 months in a row as high prices and prodding by the federal government prompted some drillers to return […]

Natural Gas Compressor station near Kharkov - Ukraine - Source EPA
Crude Oil News

U.S. EPA issues waiver to allow temporary sales of summertime higher-ethanol fuel

May 2, 2022 Mariel Alumit

(Reuters) – The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. […]

Civitas-Crestone Peak DJ Basin Holdings -
US Energy News

Civitas Names M. Chris Doyle Chief Executive Officer

May 2, 2022 Mariel Alumit

Mr. Doyle has over 25 years of domestic and international experience in Exploration and Production (“E&P”) and Midstream Gathering and Processing – having set the foundation for his career with over two decades at Anadarko […]

EIA
Top News

EIA Monthly Data Shows A Dip In U.S. Oil Production

May 2, 2022 Mariel Alumit

Weekly U.S. crude oil production figures by the Energy Information Administration are a closely watched data set, but monthly production figures—which lag by months—often are seen as painting a more accurate picture of true production. […]

U.S. Solar Industry Braces For Slump In New Capacity
Renewables Not Sustainable

U.S. Solar Industry Braces For Slump In New Capacity

May 2, 2022 Mariel Alumit

The U.S. solar energy industry has warned it is facing a substantial slowdown in capacity additions due to persistent supply chain problems and the danger of import tariffs on low-cost solar panels coming in from […]

No Picture
International News

Tripura power co puts on hold 40 per cent salary of managers over poor revenue collection

May 2, 2022

“This action has been taken in view of poor performance on account of billings during the month of April 2022. Further views on the release of these amounts will be taken based on billing performance […]

Lyondell CEO says Houston refinery needs 'significant' capital investment after 2023
US Energy News

Lyondell CEO says Houston refinery needs ‘significant’ capital investment after 2023

May 2, 2022 Mariel Alumit

(Reuters) – LyondellBasell Industries interim Chief Executive Kenneth Lane said  that operating the chemical producer’s 263,776 barrel-per-day (bpd) Houston crude oil refinery past 2023 would require “significant” capital investment. Lane announced on April 21 plans to permanently […]

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