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Home2022

Year: 2022

Austria
International News

Austria Plans To Power Industry With Oil Instead Of Gas

July 6, 2022 Mariel Alumit

Austria’s energy minister said it intends to order industry and utilities to switch from using natural gas as it looks to stockpile more natural gas to help insulate it from being cut off from Russian […]

Saudi Arabia
Crude Oil News

Is Saudi Arabia Exaggerating Its Oil Production Potential?

July 6, 2022 Mariel Alumit

For years, Saudi Arabia has made some pretty hefty claims about its oil potential. It is becoming increasingly clear, however, that the Kingdom may be stretching the truth a little too far. Analysts are now […]

Russia
Exports

Financing Putin’s war: Fossil fuel imports from Russia in the first 100 days of the invasion

July 6, 2022 Mariel Alumit

Fossil fuel exports are a key enabler of Russia’s military buildup and brutal aggression against Ukraine. To shed light on who purchases Russia’s oil, gas and coal, and how the volume and value of imports […]

Caspian oil pipeline
Geopolitical

Russian court orders halt to Caspian oil pipeline but exports still flow

July 6, 2022 Mariel Alumit

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. CPC exports around 1.2 million barrels per day Pipeline’s operations have been interrupted by storms Kazakhstan considers measures […]

No Picture
International News

GE commissions 180-MW Bajoli hydro project

July 6, 2022

According to the statement, the 180-MW run-of-the-river power facility has a head race tunnel of more than 16 km and has been constructed on the river Ravi in Chamba district of Himachal Pradesh. New Delhi: […]

No Picture
International News

Reliance Power shareholders turn down special resolution to monetise assets

July 6, 2022

The company is required to obtain the consent of the shareholders by way of a special resolution to sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking or where […]

No Picture
International News

IEX power trade volume grows 17 pc to 8,267 MU in Jun

July 6, 2022

For the first quarter of fiscal 2023, IEX achieved 23,437 MU volume across all segments, witnessing a 10 per cent year-on-year growth across all its market segments, according to the statement. New Delhi:Indian Energy Exchangehas […]

EPA
Political

EPA now stuck between a rock and a hard place on CO2

July 5, 2022 Mariel Alumit

There are lots of happy reports on the Supreme Court’s ruling throwing out EPA’s so-called Clean Power Plan. Some go so far as to suggest that EPA is barred from regulating power plant CO2 emissions. […]

Saudi Arabia
International News

Saudis Raise Oil Prices to Near Record

July 5, 2022 Mariel Alumit

Saudi Arabia increased next month’s oil prices for its biggest market of Asia amid signs that underlying demand remains robust despite growing recessionary concerns. State producer Saudi Aramco raised its key Arab Light crude grade for Asian […]

Oil prices
Top News

Oil prices plummet below $100 as recession risks gain focus

July 5, 2022 Mariel Alumit

(Bloomberg) — Oil headed for its worst trading day in almost three months as recession fears iced markets, outweighing a fundamentally tight supply market. West Texas Intermediate crude futures dropped as much as 10%, the […]

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