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Home2023January

Month: January 2023

Russia
Crude Oil News

The Oil Market Crisis Sparked By Russia’s Invasion Is Nearing Its End

January 3, 2023 Mariel Alumit

Russia’s invasion of Ukraine sparked a major market crisis, sending oil and gas prices to multi-decade highs and causing the Euro to crash below parity with the dollar. Today, energy prices have fallen back to […]

Turkey
Exports

Turkey strikes LNG deal with Bulgaria to boost European gas market

January 3, 2023 Mariel Alumit

(Bloomberg) — Turkey gave Bulgaria access to its liquefied natural gas (LNG) terminals, opening up a tightly controlled corner of the European gas market that could help diversify the region’s supply mix. Bulgaria’s state-owned Bulgargaz […]

Exxon
Exploration and Production

Oil Majors Exxon And Chevron Shift Focus To Americas

January 3, 2023 Mariel Alumit

Exxon and Chevron are betting big on oil and gas assets in the Americas as they seek to capitalize on abundant resources with good returns closer to home. Both U.S. supermajors have said in their […]

Price
EIA News

Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine

January 3, 2023 Mariel Alumit

January 3, 2023 Data source: S&P Dow Jones and Bloomberg, L.P. After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than […]

LNG
Exports

1st tanker carrying LNG from US arrives in Germany

January 3, 2023 Mariel Alumit

BERLIN — The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia. […]

China
International News

China’s gas deal with Qatar gives it unprecedented control over energy

January 3, 2023 Mariel Alumit

As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest […]

Price
International News

NTPC starts India’s first green hydrogen blending project

January 3, 2023 Mariel Alumit

Green hydrogen in this project is made by electrolysis of water using power from a 1-MW floating solar project New Delhi: State-owned power giant,NTPC, on Tuesday said it has commissioned India’s firstgreen hydrogenblending project. The […]

Price
International News

Employees of three state-owned power companies in Maharashtra to go on 72-hour strike from Jan 4

January 3, 2023 Mariel Alumit

“More than 30 unions of drivers, wiremen, engineers and other employees have come together to thwart the attempt of privatisation in the state-owned power companies,” Krushan Bhoir, general secretary of Maharashtra State Electricity Workers’ Federation […]

Tesla
Electric Vehicles

Tesla Short Sellers Make $17 Billion In 2022 After Stock Plunges 65%

January 3, 2023 Mariel Alumit

Haven’t heard any “Who wears short shorts?” jokes from Elon Musk lately, have we? Tesla short sellers appear – for the first time in the company’s history – to finally be in control. One of […]

Living Crisis
Climate Crisis

Bleak Brits Believe Cost-Of-Living Crisis Will Worsen In 2023, Poll Reveals

January 3, 2023 Mariel Alumit

Authored by Thomas Brooke via Remix News, A deeply pessimistic British electorate expects the cost of living crisis to continue to hamper the country in the calendar year to come with seven in ten Brits […]

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