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Home2021October

Month: October 2021

U.S. coal exports
Coal

Renewables will account for most global generation increases, but coal use remains high

October 15, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 (IEO2021) Reference case In the Reference case of our International Energy Outlook 2021 (IEO2021), where we assume current laws and regulations continue into the future, we project that renewable resources—particularly solar […]

Francisco Blanch - BOFA
Commodities

BOA Analyst – Europe and the world are their own victims of failed energy policies. Are you going to see your electric bill doubled?

October 15, 2021 Mariel Alumit

The energy crisis is a tragedy for the consumers as many are facing paying 50% more for heating their homes this winter. This morning on Bloomberg Francisco Blanch, BOFA Global Research, commented that Europe, and […]

Electrical Generation / Utilities

U.S. Households To Spend 50% More On Energy Bills This Winter

October 15, 2021 Mariel Alumit

High U.S. retail energy prices will result in much higher residential energy bills for Americans this winter The EIA assumes that the coming winter will be slightly colder than last year For the 5 percent […]

leviathan field - ENB
International News

Gas-Rich Israel Can’t Save Europe From Energy Crisis

October 15, 2021 Mariel Alumit

Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official told Bloomberg on Thursday. Udi Adiri, director […]

U.S. coal exports
EIA News

U.S. natural gas prices likely to remain elevated through the winter

October 14, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our October Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British thermal units (MMBtu) between October […]

Paradox
ENB Contributor Column

What does Russia and Saudi Arabia have in common? – Record cash reserves on the way or power?

October 14, 2021 Mariel Alumit

There are some of the craziest geopolitics going on around the world and it all stems from the world energy policies over the last 10 years. A couple of weeks ago in one of my […]

Coal

The Coal Price Rally Isn’t Ending Any Time Soon, Whitehaven Says

October 14, 2021 Mariel Alumit

Coal prices are likely to remain high after soaring to new records on strengthening power demand and challenges in key supplier nations, according to a major Australian producer. High-quality thermal coal at Newcastle port in […]

Gwede Mantashe Photographer: Waldo Swiegers/Bloomberg
CO2 & GHG

South African Energy Minister Opposes Coal Ban for Climate Aid

October 14, 2021 Mariel Alumit

Rich nations shouldn’t force South Africa to ban new coal-power projects and impose other conditions as a requirement for funding to help reduce its environmental footprint, the country’s energy minister said. Gwede Mantashe last month […]

OXY - Energy News Beat
Crude Oil News

OCCIDENTAL SELLS INTERESTS IN GHANA

October 14, 2021 Mariel Alumit

Occidental Petroleum Corp. has agreed to sell its interests in two Ghanaian oilfields for $750mn, drawing a line under a two-year divestment… Occidental Petroleum Corp. has agreed to sell its interests in two Ghanaian oilfields […]

ENB Pub Note

Giant China Project Leads the Rise of Renewable Mega-Hubs

October 14, 2021 Mariel Alumit

ENB Publishers Note: While some see this article as China is the renewable king, others see it as China is getting its power claws into all of these countries by financing major portions. – Ultimately […]

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