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Home2022

Year: 2022

No Picture
International News

Pushp Kumar Joshi is interim HPCL chairman; awaits confirmation as full-time head

May 5, 2022

Joshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to be the new head of the company. But his appointment is yet to be ratified by the […]

Exxonmobil -energynewsbeat.com
Renewables Not Sustainable

ExxonMobil planning carbon capture project at Baytown complex

May 5, 2022 Mariel Alumit

ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company […]

Finance

California Resources Reports First Quarter 2022 Results, Increases and Extends Its Share Repurchase Program, Raises 2022 Guidance and Provides an Update on Its Carbon Management Business

May 5, 2022 Mariel Alumit

SANTA CLARITA, Calif., May 05 /BusinessWire/ — California Resources Corporation (NYSE:CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported first quarter 2022 operational and financial results. “CRC […]

Now the real effects are starting to create a second wave of impact on oil markets, disrupting Russian exports and threatening further price increases. 
Finance

Shell plc publishes first quarter 2022 press release

May 5, 2022 Mariel Alumit

“The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken […]

M & A

Rising Phoenix Royalties Announces Another SCOOP/Woodford Basin Overriding Royalty Interest Acquisition

May 5, 2022 Mariel Alumit

EOG Resources, Inc., one of United State’s largest and astute exploration and production companies, is the operator of record  DALLAS, May 5, 2022 /PRNewswire/ — Rising Phoenix Royalties (RPR) reveals the purchase of an overriding royalty interest from an […]

OXY - Energy News Beat
Finance

Berkshire Buys More Occidental Stock

May 5, 2022 Mariel Alumit

Berkshire Hathaway Inc. snapped up about 5.9 million more shares of Occidental Petroleum Corp., as the conglomerate run by billionaire Warren Buffett piles deeper into its bet on the oil giant. The shares were bought […]

No Picture
International News

What India should do to achieve 500 GW non-fossil fuel capacity by 2030

May 5, 2022

Our success so far has been through tariff-based bids for grid scale solar projects. The pace of solar capacity addition can be ramped up by tapping the potential of decentralised small solar power installations in […]

No Picture
International News

India: Sudden halt to Russian oil imports would hurt citizens

May 5, 2022

Attracted by discounts, the world’s third-largest crude oil importer has bought more than twice as much oil from Russia since it invaded Ukraine as in the whole of 2021, coming into spotlight at a time […]

No Picture
International News

Mumbai gets its first fully solar-powered EV charging station

May 4, 2022

The company said in a statement it has installed 16 ATUM modules of 325 WP capacity each, generating 24 Kwh per day and 8,760 Kwh per year. New Delhi: Telangana-basedVisaka Industriesannounced it has set up […]

No Picture
International News

SJVN awards 1,000-MW solar project to Tata Power in Rajasthan

May 4, 2022

The firm added that the project is worth about Rs 5,500 crore New Delhi: State-ownedSJVNon Wednesday said it has issued a Letter of Award for engineering, procurement and construction (EPC) of 1,000 MWsolar projecttoTata Power […]

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