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Home2021

Year: 2021

Natural Gas
EIA News

Most planned U.S. natural gas-fired plants near Appalachia, Florida, and Texas

November 29, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Monthly Electric Generator Inventory Between 2022 and 2025, 27.3 gigawatts (GW) of new natural gas-fired capacity is scheduled to come online in the United States, according to our latest Monthly Electric Generator Inventory. […]

Texas power lines -ENB
EIA News

Major U.S. utilities spending more on electricity delivery, less on power production

November 29, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from Federal Energy Regulatory Commission (FERC) Financial Reports, as accessed by Ventyx Velocity Suite Over the past decade, major utilities in the United States have […]

oil storage - energynewsbeat.com
Crude Oil News

Recent legislation would reduce the U.S. Strategic Petroleum Reserve

November 29, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Petroleum Supply Monthly and Congressional legislation On Tuesday, November 23, the White House announced plans to make 50 million barrels of crude oil available to the market through a combination of exchanges and accelerating previously […]

Commodities

Biden’s Blunder Could Send Oil Prices To $100

November 28, 2021 Mariel Alumit

Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar President Biden’s efforts to push oil-importing countries to […]

Reuters - Japans Nikkei Index
Crude Oil News

U.S. stock futures, oil regain some ground after Omicron battering

November 28, 2021 Mariel Alumit

Asian markets regained a little composure on Monday as investors settled in for a few weeks of uncertainty on whether the Omicron variant would really derail economic recoveries and the tightening plans of some central […]

Norway's oil boom is just beginning -ENB
Crude Oil News

Norway’s Oil Boom Is Only Just Beginning

November 28, 2021 Mariel Alumit

Norway’s oil and gas production is at an all-time high, bouncing back solidly from a year of pandemic restrictions and curbs on production. Norwegian firm Equinor is running the show with oil and gas revenues […]

Endbridge - EnergyNewsBeat.com
Crude Oil News

Enbridge Responds to Canada Energy Regulator Decision to Deny Mainline Contracting

November 28, 2021 Mariel Alumit

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today responded to the Canada Energy Regulator’s (CER) November 26, 2021 decision to deny the implementation of contracting for firm service on the Enbridge Canadian Mainline […]

Microgrid

Markets face weeks of uncertainty in wait for Omicron answers

November 28, 2021 Mariel Alumit

The current draft of the California Climate Adaptation Strategy fails to mention power outages and doesn’t suggest distributed energy resources (DER) and microgrids as resilience measures, say several stakeholders. The draft aims to accelerate climate […]

Markets face weeks of uncertainty in wait for Omicron answers
Finance

Markets Face Weeks of Uncertainty in Wait for Omicron Answers

November 28, 2021 Mariel Alumit

Scientists need time to assess risks posed by the Covid strain BCA sees elevated volatility, Goldman flags short-term hedges Fearful investors fled stocks worldwide Friday and flocked to havens such as sovereign bonds as volatility […]

Gazprom Drilling PJSC - Russia -Bloomberg - Andrey Ruakov - ENB
Crude Oil News

OPEC+ Likely to Be Cautious on Oil Demand at Meeting, Vitol Says

November 28, 2021 Mariel Alumit

The oil producers’ group OPEC+ will likely take a cautious stance when deciding this coming week whether to go ahead with planned output increases after the emergence of a new coronavirus variant sent crude prices […]

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