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Home2022

Year: 2022

ESG: Environmental, Social, Greenwashing? -ENB
Climate Crisis

ESG: Environmental, Social, Greenwashing?

January 18, 2022 Mariel Alumit

The ESG landscape in 2022 is more difficult than ever to navigate; executive leadership teams have the challenge of balancing the interests of their shareholders, employees, customers, and community. We are in the era of […]

World globe Middle east, with oil barrels and drilling towers
Commodities

Oil Soars to 2014 High With Market Bolstered by Resilient Demand

January 18, 2022 Mariel Alumit

OPEC sees oil market supported by demand in a monthly report Goldman Sachs sees $100-a-barrel crude by the third quarter Oil surged to the highest level in seven years as robust demand and strained supplies […]

No Picture
EIA News

New renewable power plants are reducing U.S. electricity generation from natural gas

January 18, 2022

In our January Short-Term Energy Outlook (STEO), we forecast that increasing electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. […]

Natural Gas Storage - EU - ENB
Exports

Europe Desperately Needs a New Gas Storage Strategy

January 16, 2022 Mariel Alumit

Europe subcontracted its energy security to President Vladimir Putin — now it’s paying the price. If European energy regulators learn any lesson from this winter’s soaring gas and electricity prices, it ought to be that they […]

Trader Vitol Says Oil Prices May Rise Even More on Tight Supply - ENB
Crude Oil News

Trader Vitol Says Oil Prices May Rise Even More on Tight Supply

January 16, 2022 Mariel Alumit

The world’s biggest independent oil trader said crude prices, already up more than 10% this year, could rise even more because of tight supplies. “These prices are justified,” Mike Muller, head of Asia for Vitol Group, […]

Arab News - Solar -
Finance

US Blackstone invests $3bn in Invenergy in renewable push

January 16, 2022 Mariel Alumit

The Blackstone Group injected $3 billion in Invenergy, a US multinational focused on power generation development and operations, in green push, Bloomberg reported. This follows the alternative asset manager giant’s $13 billion commitment in 2019 to back clean […]

Offshore Wind to Require Ocean Space the Size of Italy by 2050
Electrical Generation / Utilities

US: Equinor and bp achieve key step in advancing offshore wind for New York

January 16, 2022 Mariel Alumit

Equinor  and bp have announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1. The PSAs set the terms under which these projects […]

Iran says sales of oil are good
Crude Oil News

Iran Says Oil Sales Have Had a ‘Staggering’ Rise Over Past Year

January 16, 2022 Mariel Alumit

Sales of Iranian crude oil, gas condensates and petrochemical products have risen dramatically in the past 10 months, the country’s oil minister said. Addressing lawmakers in Tehran, Javad Owji said that Iran’s budget for the […]

Canada's shift to net-zero emissions likely to drive higher inflation - ENB
Energy Policy

Canada’s shift to net-zero emissions likely to drive higher inflation

January 16, 2022 Mariel Alumit

(Reuters) – Solar-powered homes, electric tractors and hydrogen-cell trucking fleets: Canada has big net-zero ambitions, but getting there will require trillions of dollars in investment and will likely fuel hotter inflation for years to come, […]

ESG Earnings Energy news Beat
ESG

Banks’ ESG policies hide more than they reveal

January 16, 2022 Mariel Alumit

Banks love to talk about the transparency brought by the green bond market, letting investors know more clearly what their money is being used for. A lot can be said about how true that claim […]

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