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Home2022

Year: 2022

India Looks To Import More LNG Amid Rising Demand
International News

India Looks To Import More LNG Amid Rising Demand

May 12, 2022 Mariel Alumit

Gas demand from households in cities and from the transportation sector in India is currently outpacing supply, which has prompted the government to mandate state-held GAIL (India) Limited to import more LNG and buy gas […]

Keystone Tower Systems
Renewables Not Sustainable

Keystone Tower Systems begins production on first spiral-welded wind towers in Texas

May 12, 2022 Mariel Alumit

Keystone Tower Systems has begun commercial production of the first utility-scale spiral-welded towers at its new factory in Pampa, Texas. The factory currently has 40 employees with plans for further hiring. The first tower will be delivered […]

Libya’s parliament-backed PM says oil fields may restart soon
Crude Oil News

Libya’s parliament-backed PM says oil fields may restart soon

May 12, 2022 Mariel Alumit

(Bloomberg) — Libya’s parliament-backed prime minister said closed oil fields and ports in the OPEC country may soon reopen, though his rival’s energy minister said negotiations with protesters were proving difficult. Fathi Bashagha, who Libyan […]

Blackouts are on the horizon this summer
Renewables Not Sustainable

Blackouts are on the horizon this summer

May 12, 2022 Mariel Alumit

Stock up on candles. Blackouts could hit California again this summer, reported the Sacramento Bee. Although 2021 avoided power losses, 2020 saw “two consecutive nights of rolling blackouts,” the first since the 2001 electricity crisis. […]

No Picture
Crude Oil News

Hopes for Iran deal fade just when the world needs oil most

May 12, 2022 Mariel Alumit

(Bloomberg) — Two months after negotiators left Vienna, expectations are fading that Iran nuclear talks will resume, leaving the world with the remains of an agreement no one’s willing to pronounce dead. A media tent […]

lukoil-russian-tanker
International News

Russia oil revenue up 50% this year despite boycott, IEA says

May 12, 2022 Mariel Alumit

(Bloomberg) — Russia’s oil revenues are up 50% this year even as trade restrictions following the invasion of Ukraine spurred many refiners to shun its supplies, the International Energy Agency said. Moscow earned roughly $20 […]

FERC
EIA News

Natural gas consumed by U.S. electric power sector sets January record in 2022

May 12, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Natural Gas Monthly In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the highest January average on record and the […]

No Picture
EIA News

Natural gas consumed by U.S. electric power sector sets January record in 2022

May 12, 2022

May 12, 2022 Source: U.S. Energy Information Administration, Natural Gas Monthly In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the […]

No Picture
International News

GAIL awards contract for large Green Hydrogen project

May 12, 2022

The project would be installed in line with the National Hydrogen Mission at GAIL’s Vijaipur Complex, in Guna District of Madhya Pradesh, and would be based on renewable power. New Delhi: State-ownednatural gasutilityGAIL(India) Ltd announced […]

No Picture
International News

IGX gets regulator’s approval for trading of domestic natural gas

May 12, 2022

The approval is in line with the petroleum ministry’s notification dated 19 August 2021 where domestic gas producers were authorised to sell up to 500 million standard cubic meters or 10 per cent of annual […]

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