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Home2022

Year: 2022

California
Climate Crisis

California went big on rooftop solar. It created an environmental danger in the process

July 15, 2022 Mariel Alumit

California has been a pioneer in pushing for rooftop solar power, building up the largest solar market in the U.S. More than 20 years and 1.3 million rooftops later, the bill is coming due. Beginning in 2006, the […]

Renewable Energy
Renewables Not Sustainable

Energy Crises In Germany and Texas Are Exposing The Folly of Renewable Energy | Opinion

July 15, 2022 Mariel Alumit

All over the world, consumers are being slammed by soaring energy prices. In Australia, the wholesale cost of electricity jumped by 141 percent in the first three months of 2022. In Britain, residential customers are paying […]

Tellurian
Finance

Tellurian Announces Haynesville Shale Acquisition for $125 million

July 15, 2022 Mariel Alumit

HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, […]

Who Really Controls The World’s Oil Reserves?
Crude Oil News

Who Really Controls The World’s Oil Reserves?

July 15, 2022 Stu Turley

Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go wild amid a tight—and tightening—market. At the same time, the U.S. government, as […]

Commodities

Stocks make recovery bid, hemmed in by weakening world economy

July 15, 2022 Stu Turley

(Reuters) – World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were fanned further by data showing a sharp […]

Fossil

How Energy Demand Bounced Back After The Pandemic

July 15, 2022 Stu Turley

Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. It is […]

Finance

Stocks Dip, US Futures Pare Gain Amid Firm Dollar: Markets Wrap

July 14, 2022 Stu Turley

Stocks fell in Asia on Friday as the dollar held a surge that underscores concerns about a global economic slowdown as monetary policy tightens to tackle inflation. MSCI Inc.’s Asian share gauge dropped for a […]

Transmission lines in Palo Pinto - Texas - Bloomberg
Electrical Generation / Utilities

Texas Confident Stressed Grid Will Hold Up Amid Summer Heat

July 14, 2022 Stu Turley

The head of the Texas power grid remains confident the system will avoid widespread blackouts this summer despite searing heat that’s already pushed it to the brink. While temperatures have been higher than expected, Electric Reliability […]

The African renewable energy sector is booming and Chinese companies can benefit from that.
Renewables Not Sustainable

U.S. commits $56M in new funding for domestic solar manufacturing

July 14, 2022 Stu Turley

First Solar (NASDAQ:FSLR) led solar stocks (NYSEARCA:TAN) higher Thursday after the Biden administration said it would contribute $56M to programs aimed at boosting U.S. manufacturing of solar energy products, Reuters reports. While most solar names finished slightly […]

Exxon - Energy News Beat
ESG

Exxon nemesis Engine No. 1 now working with oil firms to cut emissions – WSJ

July 14, 2022 Stu Turley

Three of the largest U.S. oil companies – ConocoPhillips (NYSE:COP), Devon Energy (NYSE:DVN) and Pioneer Natural Resources (NYSE:PXD) – said Thursday they have joined a United Nations-backed group working to curb greenhouse gas emissions. The Oil […]

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