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Home2021October

Month: October 2021

Energy Retrofit

Global Energy Retrofit Systems Market Report 2021: Market is Expected to Surpass $200 Billion by 2028

October 28, 2021 Mariel Alumit

Dublin, Oct. 28, 2021 (GLOBE NEWSWIRE) — The “Energy Retrofit Systems Market Size, Share & Trends Analysis Report By Application (Residential, Non-residential), By Product (LED Retrofit Lighting, Envelope), By Region (Europe, APAC), and Segment Forecasts, 2020-2028” report […]

World Oil editorial: Biden’s latest energy move confuses the public even more
International News

Biden bound for global summits as domestic agenda in limbo

October 28, 2021 Mariel Alumit

WASHINGTON (AP) — President Joe Biden promised to show the world that democracies can work to meet the challenges of the 21st century. As he prepares to push that message at a pair of global […]

Shell
Earnings

Shell says break-up of group would not work in real life

October 28, 2021 Mariel Alumit

LONDON (Reuters) – Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday. […]

Fossil

U.S. natgas eases on lower European prices ahead of storage report

October 28, 2021 Mariel Alumit

(Reuters) – U.S. natural gas futures eased on Thursday on rising output, forecasts for less demand over the next two weeks than previously expected and lower global gas prices after Russia said it would send […]

Commodities

U.S. consumers expected to spend more for heating oil this upcoming winter

October 27, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2021 In our latest Winter Fuels Outlook, we expect higher heating oil prices and a slightly colder winter compared with last year will contribute to households across […]

Saudi Aramco - ENB
Commodities

Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

October 26, 2021 Mariel Alumit

Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production. It’s a “huge concern,” Chief Executive Officer Amin Nasser said in an interview in Riyadh, Saudi Arabia’s […]

Commodities

Asia Snaps Up American Shale Gas to Keep Boilers, Furnaces Lit

October 26, 2021 Mariel Alumit

Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where prices are among the cheapest in the world, amid a dash to replenish supply before the winter. Firms in China and […]

Coal Production in US -EnergyNewsBeat
Coal

Coal Piles at 24-Year Low at U.S. Utilities on Demand Surge

October 26, 2021 Mariel Alumit

Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground. Inventories fell to 84.3 […]

International News

Why Are Private Equity Firms Dumping U.S. Shale Gas Assets?

October 26, 2021 Mariel Alumit

Private equity firms are selling their assets and operations in U.S. shale plays to take advantage of soaring gas prices, Reuters has reported, noting the Haynesville play alone has seen deals worth $16.5 billion since the […]

U.S. coal exports
EIA News

EIA projects global conventional vehicle fleet will peak in 2038

October 26, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 Reference case In our International Energy Outlook 2021, we estimate the global light-duty vehicle (LDV) fleet contained 1.31 billion vehicles in 2020, and we project this fleet will grow to […]

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