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Home2022July

Month: July 2022

No Picture

Grid to Garage: Residential Charging Policies Key To Maximizing Energy and Consumer EV Benefits

July 28, 2022

Calgary, Alberta (July 20, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report evaluating the recent rise in electric vehicle […]

Biden's
Finance

Biden pledge to tax wealthy, companies revived with Manchin-led bill

July 28, 2022 Mariel Alumit

WASHINGTON, July 28 (Reuters) – U.S. President Joe Biden’s campaign trail promise to increase taxes on corporations and the wealthy as part of a battle against glaring income inequality in the United States got an […]

New York
Offshore

New York Opens 2 GW Offshore Wind Solicitation

July 28, 2022 Mariel Alumit

New York State has opened its third offshore wind solicitation, seeking to procure at least 2,000 MW of offshore wind energy. The procurement, administered by the New York State Energy Research and Development Authority (NYSERDA), will […]

Shell
Earnings

Shell Books Record Profit As Commodity Prices Rally

July 28, 2022 Mariel Alumit

Shell (NYSE: SHEL) reported on Thursday another record in quarterly earnings—its second record-setting quarter in a row–as oil and gas prices surged and refining margins spiked. Shell booked adjusted earnings—the measure most closely watched by analysts—of $11.472 […]

Iran’s Oil
Crude Oil News

Iran’s Oil Earnings Soar Despite Sanctions

July 28, 2022 Mariel Alumit

With high oil prices and an incredibly tight physical oil market, Iran’s oil industry is bouncing back and providing the government with significant income. China, Russia, Turkey, Venezuela, and Afghanistan are all eager to increase […]

No Picture
International News

India will require $20 trillion capex to achieve Net Zero by 2070: Report

July 28, 2022

India will require $20 trillion of capex to meet the ambitious 2070 Net Zero target and that would be led mostly by the private sector.New Delhi:Indiawill need capital expenditure to the tune of a whopping […]

Coal is seen at a warehouse of the Trypillian thermal power plant in Kiev region
Coal

Europe ramps up coal imports as energy supply fears grow

July 27, 2022 Stu Turley

 European buyers have had to temporarily set aside green aspirations in a rush for coal as the region’s energy crisis deepens, ramping up shipments from Australia, South America, Colombia and South Africa while tightening the […]

What’s in the Manchin-Schumer Deal on Taxes, Climate and Energy
Climate Crisis

What’s in the Manchin-Schumer Deal on Taxes, Climate and Energy

July 27, 2022 Stu Turley

Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be major breakthrough after weeks of […]

Mining Giant Glencore Strikes One of Japan’s Most Expensive Ever Coal Deals
Coal

Mining Giant Glencore Strikes One of Japan’s Most Expensive Ever Coal Deals

July 27, 2022 Stu Turley

Glencore Plc, the mining and commodity trading giant, agreed to supply coal to a Japanese customer at one of the highest prices ever paid by the nation, threatening to further accelerate inflation. Nippon Steel will […]

Finance

Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation

July 27, 2022 Stu Turley

The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. The Federal Reserve on Wednesday enacted its second […]

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