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Home2022

Year: 2022

No Picture
International News

Greenko commences construction of world’s largest integrated renewable energy storage project in AP

May 17, 2022

The project has 10,800 MW RE storage capacity per day, which can integrate 6 GW of wind, solar capacity New Delhi:Greenko Group, a Hyderabad-based clean energy firm, on Tuesday initiated the construction of the world’s […]

Stronger U.S. dollar contributes to higher crude oil prices in international markets
EIA News

Stronger U.S. dollar contributes to higher crude oil prices in international markets

May 17, 2022

The price of Brent crude oil, the world benchmark, has increased in 2022, partly as a result of Russia’s full-scale invasion of Ukraine. In addition, a strong U.S. dollar means that countries that use currencies […]

No Picture
EIA News

Stronger U.S. dollar contributes to higher crude oil prices in international markets

May 17, 2022

May 17, 2022 Source: Graph by the U.S. Energy Information Administration, based on data from Intercontinental Exchange as compiled by Bloomberg L.P. The price of Brent crude oil, the world benchmark, has […]

California oil spill
US Energy News

Company behind 2015 California oil spill settles for $230 million

May 17, 2022 Mariel Alumit

OIL & GAS: The owner of a pipeline that spilled thousands of barrels of oil off the southern California coast in 2015 agrees to pay fishermen and property owners $230 million to settle a class-action lawsuit. (Associated Press) ALSO: […]

ExxonMobil
Renewables Not Sustainable

Pertamina, ExxonMobil to advance carbon capture tech for oil and gas fields

May 17, 2022 Mariel Alumit

A partnership between two of the world’s biggest energy companies will attempt to accelerate carbon capture, utilisation, and storage (CCUS) for the oil and gas industry in Indonesia. Pertamina (PT) and ExxonMobil signed a Joint […]

U.S.
Crude Oil News

U.S. Strategic Petroleum Reserve drops to lowest level since 1987

May 17, 2022 Mariel Alumit

(Reuters) – The amount of crude oil in the U.S. Strategic Petroleum Reserve (SPR) dropped by 5 million barrels in the week to May 13, data from the U.S. Department of Energy showed. Stockpiles in the […]

No Picture
International News

Andhra Pradesh: Kurnool to get world’s largest clean energy hub

May 17, 2022

The project will decarbonise 50GWh of electricity daily, offsetting 15 million tonnes of CO2 emissions per annum, which is equivalent to replacing five million cars with electric vehicles or 2.5 million hectares of afforestation. Amaravati: […]

African countries
Exploration and Production

Gas is a dangerous distraction for Africa

May 16, 2022 Mariel Alumit

At the start of this century, when much of the developed world woke up to the dangers of smoking, Big Tobacco turned to Africa to seek out new profits. To this day, in my country, Uganda, and […]

Chevron, Pertamina
International News

Chevron, Pertamina Partner On Lower Carbon Opportunities

May 16, 2022 Mariel Alumit

U.S. oil and gas supermajor Chevron has announced a partnership to explore potential lower carbon business opportunities in Indonesia with Pertamina. Aimed at serving local and potentially regional customers, Chevron and Pertamina plan to consider […]

Cheniere Energy
Finance

Has Cheniere Energy (LNG) Outpaced Other Oils-Energy Stocks This Year?

May 16, 2022 Mariel Alumit

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Cheniere Energy (LNG) is a stock that can certainly grab the attention […]

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