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Home2022

Year: 2022

API
Crude Oil News

Large Crude Draw Adds To Bullish Sentiment

July 27, 2022 Mariel Alumit

The American Petroleum Institute (API) reported a large draw this week for crude oil of 4.037 million barrels, while analysts predicted a draw of 1.121 million barrels. The build comes as the Department of Energy […]

Diversified Energy
M & A

Diversified Energy Announces Acquisition of Appalachian Plugging Company

July 27, 2022 Mariel Alumit

BIRMINGHAM, AL / ACCESSWIRE / July 27, 2022 / Diversified Energy Company PLC (LSE:DEC) (“Diversified” or “the Company”) announces that is has acquired the well services and plugging assets and operations of Contractor Services Inc. of […]

Crude
Overnight Oil Report

Crude oil futures stable to lower as recession fears resurface

July 27, 2022 Mariel Alumit

Crude oil futures were stable to slightly lower in mid-morning Asian trade July 27 as recession fears returned to the fore after fresh US data overnight showed weakening consumer confidence in the economy. At 10:18 […]

Electric Grid
International News

Policy uncertainty clouds future of China’s green electricity certificates

July 27, 2022 Mariel Alumit

China’s market for domestic renewable energy certificates called Green Electricity Certificates, or GECs, face growing uncertainty due to existing liquidity issues, lack of coordination with wider decarbonization and climate policies, and a rising number of […]

Guyana
Crude Oil News

Guyana Just Keeps On Giving As Exxon Makes Two More Discoveries

July 27, 2022 Mariel Alumit

U.S. supermajor ExxonMobil is continuing with its incredibly precise exploration of Guyana’s Stabroek block with two new discoveries southeast of the Liza and Payara developments. The exploration work in Guyana for Exxon appears laser-guided as […]

Argo Gold
Finance

Argo Gold remains focussed on gold while adding oil and gas to portfolio

July 27, 2022 Mariel Alumit

Argo Gold (CSE:ARQ, OTCQB:ARBTF) CEO Judy Baker joined Steve Darling from Proactive to share more details about the company and their portfolio of Projects. Bakers talk about the Gold side where they recently identified a gold […]

Oilfield services
Crude Oil News

High Oil Prices Spark A New Wave Of Exploration

July 27, 2022 Mariel Alumit

Oil companies are reaping the benefits of high energy prices. Indebted American oil and gas companies, armed with improved balance sheets, are finally drilling again. Oilfield services companies are among the biggest winners as demand […]

No Picture
International News

123 GW of solar capacity either commissioned or in pipeline: Govt

July 27, 2022

Minister of State for New and Renewable Energy Bhagwanth Khuba in a written reply to the Rajya Sabha stated that a solar energy capacity of 123.11 GW has either been commissioned or is in the […]

No Picture
International News

IEX power trade volume rises 10 per cent to 23 billion units in Q1

July 27, 2022

“During the quarter (April-June 2022), electricity volumes on the exchange grew by 10 per cent YoY (year on year) with 23.4 BU volumes traded versus 21.3 BU in Q1 FY’22 ,” an IEX statement said. […]

No Picture
International News

ONGC inks MoU with Greenko to manufacture green hydrogen

July 27, 2022

The MoU, valid for two years, was inked in New Delhi by ONGC Director Onshore Anurag Sharma and Greenko CEO and Managing Director Anil Kumar Chalamalasetty. State-ownedOil and Natural Gas Corporation Limited(ONGC) on Tuesday signed […]

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