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Home2022

Year: 2022

Ukraine Latest: Oil Price Warning; Russia Trims Italy Gas Flow
Geopolitical

Ukraine Latest: Oil Price Warning; Russia Trims Italy Gas Flow – $380 oil warns JPMorgan

July 2, 2022 Stu Turley

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase analysts warned. Russia has reduced gas exports to Italy by 15% […]

The Great European Energy Market Bailout Is Only Getting Started
Electrical Generation / Utilities

The Great European Energy Market Bailout Is Only Getting Started

July 2, 2022 Stu Turley

Three decades ago, Europe decided to open up its energy markets to foster competition, a move meant to bring lower prices for consumers across the continent. Fast forward to 2022, and bills have ballooned while […]

Permian Highway Pipeline will move forward with brownfield expansion
Pipeline

Permian Highway Pipeline will move forward with brownfield expansion

July 2, 2022 Stu Turley

Permian Highway Pipeline reached a final investment decision to move forward with a proposed expansion project, Kinder Morgan said June 29, part of a wave of new takeaway capacity projects set to clear the way […]

Venezuela’s
Crude Oil News

Oil production increase leads Venezuela’s economy to see most growth in 15 years

July 1, 2022 Mariel Alumit

(Bloomberg) — Venezuela’s economy is forecast to expand at its fastest pace in 15 years, marking a rebound for a country that recently emerged from the deepest recession in Latin America. Gross domestic product is […]

No Picture
International News

Indian EV makers hail industry-wide GST rate cut

July 1, 2022

Akshit Bansal, CEO of electric vehicle (EV) charging network provider Statiq, said that the government has declared a clear intention to boost domestic EV adoption and usage by making the industry eligible for a concessional […]

Mircosoft
Renewables Not Sustainable

Microsoft looks to diversify carbon portfolio with mineral-based removal credits

July 1, 2022 Mariel Alumit

Microsoft, one of the world’s largest investors in tech carbon removal technology, is looking to diversify its carbon credits portfolio with mineral-based removal credits, said Lucas Joppa, the company’s chief environmental officer. Joppa, who was […]

Tennessee Gas Pipeline
Crude Oil News

Tennessee Gas Pipeline receives FERC approval for producer certified gas pooling service proposal

July 1, 2022 Mariel Alumit

Tennessee Gas Pipeline Company, L.L.C. (TGP), a subsidiary of Kinder Morgan, Inc. received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC). The […]

Ranger Oil
Investments

Ranger Oil Announces Accretive Acquisitions Adding Additional Scale to Premium Eagle Ford Position

July 1, 2022 Mariel Alumit

Plans to Initiate Borrowing Base Redetermination HOUSTON, TX / ACCESSWIRE / June 30, 2022 / Ranger Oil Corporation (“Ranger” or the “Company”) (NASDAQ: ROCC) today announced additional bolt-on acquisitions of oil and gas assets in the […]

Crude
Overnight Oil Report

Crude oil futures recoup losses; macroeconomic weakness weighs

July 1, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning Asian trade July 1, recouping losses after a steep plunge overnight, though sentiment remained shaky as a raft of data showed further signs of weakness in the US […]

No Picture
International News

NTPC’s 100 MW floating solar project in Telangana becomes fully operational

July 1, 2022

“Consequent upon successful commissioning, last part capacity of 20 MW out of 100 MW Ramagundam floating solar PV project at Ramagundam, Telangana is declared on commercial operation with effect from 00:00 hours of 01.07.2022,” it […]

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