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Home2022

Year: 2022

hydropower
International News

Droughts rattle Europe’s hydropower market, intensifying energy crisis

August 5, 2022 Mariel Alumit

Brutally dry conditions in parts of Southern Europe have led to a significant downturn in hydropower generation so far in 2022, exacerbating an already perilous situation in the energy market as the EU grapples with […]

EPA
US Energy News

EPA to Conduct Flyover Inspections in Permian Basin for Oil and Gas Emissions

August 5, 2022 Mariel Alumit

Beginning this month, the Environmental Protection Agency (EPA) is conducting flyover inspections of Permian Basin oil and gas producers to check emissions levels. The agency will use helicopters equipped with infrared cameras to check for […]

Oil Rig Hands - ENB
Top News

U.S. rig count had a decrease of 3 this week, at 764

August 5, 2022 Mariel Alumit

This week’s Baker Hughes rig count shows that U.S. had an decrease of 3 over last week, resulting in a total count of 764 rigs. Canada had an decrease of 1 over last week, resulting in a […]

UK’s
International News

Crude oil futures continue to consolidate amid seasonal product demand growth

August 5, 2022 Mariel Alumit

Crude oil futures continued to consolidate higher in mid-afternoon Asian trade Aug. 4 after a multiday selloff amid seasonal demand growth in the transport and aviation sectors, shrugging off the Bank of England’s interest rate […]

Crude
Crude Oil News

Crude oil futures continue to consolidate amid seasonal product demand growth

August 5, 2022 Mariel Alumit

Crude oil futures continued to consolidate higher in mid-afternoon Asian trade Aug. 4 after a multiday selloff amid seasonal demand growth in the transport and aviation sectors, shrugging off the Bank of England’s interest rate […]

Chesapeake
M & A

Chesapeake Tightens Strategic Focus

August 5, 2022 Mariel Alumit

Chesapeake announced this week that it is solidifying its strategic focus on its “core” Marcellus and Haynesville positions. “Our acreage positions in the Marcellus and Haynesville are truly differentiated with industry leading capital efficiency, deep […]

Looming Recession and Weaker Global Demand Expected to Push Oil Prices Below $100/bbl by Year End

August 5, 2022

Calgary, Alberta (August 3, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released Macro Forecaster, a new report that assesses the continued […]

How To Overcome Your Biggest Asset Development Challenges and Grow Your Returns

August 5, 2022

NAVIGATE TODAY’S TOUGHEST MARKET CHALLENGES TO BUILD YOUR STRONGEST FUTURE ENERGY STRATEGY Labor shortages continue to restrict operator’s ability to ramp production, inflation is driving up costs, investors now prioritize businesses with a sustainability strategy, […]

Several refining projects are scheduled in Asia and the Middle East
EIA News

Several refining projects are scheduled in Asia and the Middle East

August 5, 2022 Mariel Alumit

In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023. At their current planned capacities, they will add 2.9 million […]

International News

Coal crisis unlikely this year: CIL Chairman Pramod Agrawal

August 5, 2022 Stu Turley

Historically, Coal India’s production is the highest during fourth and third quarters of the year. Speaking exclusively to ET’s Sarita C Singh, Agrawal indicated that the entire imported coal quantity tied up under two tenders […]

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