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Home2022

Year: 2022

Rosneft
International News

Schroeder quits Rosneft job after pressure over Putin ties

May 20, 2022 Mariel Alumit

(Bloomberg) — Former German Chancellor Gerhard Schroeder is quitting his post as chairman of Russian state-owned oil company Rosneft PJSC after widespread calls for him to cut ties to Russian President Vladimir Putin over the […]

Texas
Finance

‘Hell no’: Finance firms tell Texas they don’t boycott energy

May 20, 2022 Mariel Alumit

(Bloomberg) — As Texas officials hunt for financial firms hostile to the energy industry, Wall Street is rolling out its fossil fuel bona fides to convince officials not to bar them from doing business with […]

home-microgrid
Microgrid

Microgrids drive a net-zero future for electrified fleets

May 20, 2022 Mariel Alumit

As more fleets convert to electric vehicles, infrastructures and internal systems must be digitized and energy needs to include sustainable resources. Don Wingate, vice president of utility and microgrid solutions North America operations at Schneider […]

Bloomberg commodities - energynewsbe
Energy Policy

Vast swath of U.S. at risk of summer blackouts, regulator warns

May 20, 2022 Mariel Alumit

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply-chain woes strain the electric grid. Power […]

U.S. coal exports
EIA News

EIA Product Highlight: Natural Gas Storage Dashboard

May 20, 2022 Mariel Alumit

Our Natural Gas Storage Dashboard provides daily and weekly contextual information to the Weekly Natural Gas Storage Report (WNGSR), which contains our latest weekly natural gas storage estimates. The dashboard shows storage activity in several […]

Woodside
Investments

Woodside wins backing to buy BHP oil, gas amid climate backlash

May 20, 2022 Mariel Alumit

(Bloomberg) — Woodside Petroleum Ltd. almost certainly won investor approval to boost global oil and gas production by adding BHP Group assets while also facing a rebuke on its climate accounting. Almost all votes cast […]

ADNOC
Crude Oil News

ADNOC Announces 650MM Barrel Oil Find

May 20, 2022 Mariel Alumit

In a statement posted on its Twitter page, ADNOC has announced multiple onshore oil discoveries in place totaling 650 million barrels of oil. In the statement, ADNOC outlined that the finds include 500 million barrels […]

Oil Prices
Crude Oil News

Oil Prices May Not Drop, Even If There Is A Recession

May 20, 2022 Mariel Alumit

A growing number of economists are warning that a recession could be on the horizon. A recession will surely impact oil demand, but it could just weaken its growth, not lead to an annual decline […]

ENB Pub Note

President Biden Considers Meeting Saudi Crown Prince As Oil Prices Soar – Criminal or just hypocritical?

May 20, 2022 Stu Turley

ENB Publishers Note: President Biden asking the Saudis for more oil is an example of hypocrisy in its biggest form. This is actually going to work in favor of the Russians. Iraq has just announced […]

WHAT IS GOING TO HAPPEN TO DIESEL PRICES? ARE WE GOING TO $7 TO $9?
Commodities

What is going to happen to diesel prices? Are we going to $7 to $9?

May 19, 2022 Stu Turley

While you may have heard me talk about the new pricing matrix and key factors influencing the prices, there is a complicated problem with diesel fuel at the pump. If you listen to the mainstream […]

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