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Home2022

Year: 2022

No Picture
Crude Oil News

Matador’s Lower 48 Natural Gas, Oil Output Set to Climb 14%

May 3, 2022 Mariel Alumit

Matador Resources Co., whose upstream operations span the Eagle Ford and Haynesville shales, as well as the Permian Basin, reported record production in the first quarter with plans to top that by the end of […]

Gazprom - Bloomberg 2
International News

EU presses to maintain unity over Putin’s rubles-for-gas demand

May 3, 2022 Mariel Alumit

(Bloomberg) — European Union energy ministers tried to project a united front Monday in rejecting Russia’s demands to buy gas in rubles as the bloc tries to prevent Vladimir Putin from sowing divisions in the […]

berkshire hathaway
Finance

Buffett Is Betting Big On Oil And Gas Stocks

May 3, 2022 Mariel Alumit

Warren Buffett is winding down some of his investments in American banks, favoring energy and technology companies instead. Buffett has added new shares in red-hot E&P companies Occidental Petroleum Corp. and Chevron Inc. Some analysts […]

No Picture
International News

Power Minister RK Singh meets companies, banks to restart 5 GW units

May 3, 2022

Executives from Essar Power, Tata Power, Reliance Power, RattanIndia, and Coastal Energen, besides officials of Gujarat and Haryana, were among those who attended the meetings to discuss a resolution for 7Gw of commissioned but non-operational […]

No Picture
International News

Indian Wind Energy Sector Envisions Flow of Rs. 80,000 Crore in Coming Years

May 3, 2022

The industry is hopeful of attracting Rs. 10,000-15,000 crore investment in upgrading equipment manufacturing capacity alone which will have the catalysing effect of attracting additional Rs. 70,000-80,000 crore investment in complimentary activities such as transmission, […]

No Picture
International News

Power Grid to buy IL&FS Energy Development Company’s stake in CPTCL

May 3, 2022

According to a regulatory filing on Monday, the company’s board has cleared the proposal for purchase of 77,30,225 equities of IEDCL in CPTCL. New Delhi: State-ownedPowerGrid Corporation (PGCIL) will purchase IL&FS Energy Development Company Ltd’s […]

No Picture
International News

Home Minister Amit Shah reviews power situation amid outages

May 3, 2022

During the meeting, Shah reviewed the situation of coal supply to the power plants and power generation, among other issues, the sources said.New Delhi: Union Home MinisterAmit Shahon Monday chaired a meeting of the top […]

drilling-rig-better
Crude Oil News

U.S. drillers add oil and gas rigs for record 21 months in a row

May 2, 2022 Mariel Alumit

(Reuters) – U.S. energy firms last week added oil and natural gas rigs for a record 21 months in a row as high prices and prodding by the federal government prompted some drillers to return […]

Natural Gas Compressor station near Kharkov - Ukraine - Source EPA
Crude Oil News

U.S. EPA issues waiver to allow temporary sales of summertime higher-ethanol fuel

May 2, 2022 Mariel Alumit

(Reuters) – The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. […]

Civitas-Crestone Peak DJ Basin Holdings -
US Energy News

Civitas Names M. Chris Doyle Chief Executive Officer

May 2, 2022 Mariel Alumit

Mr. Doyle has over 25 years of domestic and international experience in Exploration and Production (“E&P”) and Midstream Gathering and Processing – having set the foundation for his career with over two decades at Anadarko […]

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