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Home2022

Year: 2022

No Picture
International News

Maha, NTPC to set up ultra-mega 2500-MW solar power park

April 8, 2022

The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation will form a joint venture to set up an “ultra-mega solar park” in the state to generate 2,500 MW green power, officials said […]

Canada Flag - EnergyNewsBeat ENB
Crude Oil News

Canada Greenlights Controversial $12 Billion Deepwater Oil Project

April 7, 2022 Andy Del Prado

The federal government of Canada has granted its approval for a $12-billion oil project offshore Newfoundland and Labrador, to be led by Norwegian state major Equinor. According to the Norwegian company, the Bay du Nord project consists of several […]

Shell -Shell -Energy News Beat
Finance

Shell Faces $5 Billion Impairment Charge Over Exit From Russia

April 7, 2022 Andy Del Prado

Western oil majors have quit Russia altogether, taking billions of dollars in vague impairment charges on Russian energy assets, and now comes the hard math. This morning energy giant Shell Plc said that it will […]

Renewables Not Sustainable

Why Wind Power Growth Is Slowing In The U.S.

April 7, 2022 Andy Del Prado

In 2020, at the height of the novel coronavirus pandemic, it seemed that renewable energy was finally getting its chance to rise to the top of the global energy sector and reset the world’s trajectory […]

International News

U.S. shale gas, LNG firms meet with European countries over supply crisis

April 7, 2022 Andy Del Prado

(Reuters) – At least a dozen U.S. shale gas executives met with European energy officials to discuss expanding U.S. fuel supplies to Europe amid a scramble to replace Russian imports. The group met in Houston […]

Top News

Methane emissions surged by a record amount in 2021, NOAA says

April 7, 2022 Andy Del Prado

Global emissions of methane, the second-biggest contributor to human-caused climate change after carbon dioxide, surged by a record amount in 2021, the National Oceanic and Atmospheric Administration said on Thursday. Methane, a key component of natural […]

4.2 BILLION DOLLAR DEAL TO CREATE TANKER GIANT
International News

$4.2 Billion Deal to Create Oil Tanker Giant

April 7, 2022 Stu Turley

Euronav, Frontline investors to hold 59% and 41% respectively Tanker market is recovering after Russia’s invasion of Ukraine Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as […]

Crude Oil News

Shunned Oil Piling Up Off China

April 7, 2022 Andy Del Prado

Tankers carrying 22 million barrels of Russian, Iranian and Venezuelan oil are piling up off China, according to Kpler, as the country battles a virus outbreak that’s sapping demand and causing logistics problems. China has […]

No Picture
International News

O2 Power and US-based Powin to partner for renewable energy-battery storage solutions

April 7, 2022

Powin will be responsible for the delivery and commissioning of the battery energy storage systems, while O2 Power will provide full EPC services for the projects. New Delhi:RenewableenergyIndependent Power Producer(IPP)O2 Poweris likely to soon announce […]

U.S. residential electricity expenditures increased by $5 per month in 2021
EIA News

U.S. residential electricity expenditures increased by $5 per month in 2021

April 7, 2022

Utility electric bills for residential customers in the United States increased by $5 per month to average $122 in 2021. Average monthly residential electricity expenditures ranged from a high of $178 per month in Hawaii […]

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