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Home2022January

Month: January 2022

Gas Plume - ENB
Commodities

U.S. Natural Gas Abruptly Surges in Record Short Squeeze

January 29, 2022 Mariel Alumit

U.S. natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market. The eye-popping surge of as much as 72% came ahead […]

Brazil Portal - ENB
Exports

Europe LNG Thirst Will Get Some Relief From Brazil’s Hydro Boost

January 29, 2022 Mariel Alumit

Europe, which has been luring liquefied natural gas cargoes away from Asia, will now have less competition from Brazil as rains are refilling the South American country’s hydroelectric dams. Brazil’s hydro power generation is up […]

Biden administration cancels two Minnesota mining leases granted under Trump
ENB Pub Note

Biden administration cancels two Minnesota mining leases granted under Trump

January 29, 2022 Mariel Alumit

ENB Publishers Note: If we are going to renewable energy, we will not get there without natural gas, nuclear, and rare earth minerals. The United States is fortunate enough not to be held hostage except […]

Cushing Oklahoma Storage Tanks - Reuters - ENB
Crude Oil News

Permian oil output forecast to hit record high in February -EIA

January 29, 2022 Mariel Alumit

The largest U.S. shale basin’s output will surge to a record in February, according to a monthly forecast from the U.S. Energy Information Administration (EIA) on Tuesday. The largest U.S. crude basin, the Permian basin […]

Federal Reserve Chair Jerome Powell - Reuters
Finance

Fed likely to hike rates in March as Powell vows sustained inflation fight

January 29, 2022 Mariel Alumit

Powell says central bank likely to raise rates in March Fed chief says inflation has not improved since December U.S. stocks reverse course to end mostly lower The Federal Reserve on Wednesday said it is […]

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021
Climate Crisis

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021

January 28, 2022 Mariel Alumit

London, January 27, 2022 – Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from countries around the world, […]

https://oilprice.com/Energy/Crude-Oil/OPEC-Sees-Oil-Demand-Rise-To-959-Million-Bpd-In-2021.
Crude Oil News

EIA forecasts OPEC production will grow in 2022 despite recent production outages in Libya

January 28, 2022 Mariel Alumit

January 28, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2022 Note: Crude oil production totals do not include condensate. In our January Short-Term Energy Outlook (STEO), we forecast that OPEC petroleum production […]

Oil Storage Tanks -ENB
Crude Oil News

Proved reserves of U.S. crude oil and lease condensate declined by 19% during 2020

January 27, 2022 Mariel Alumit

January 27, 2022 Source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2020 Because of lower oil prices in the first year of the COVID-19 pandemic, […]

EIA News

Stand-alone natural gas wells driving new growth in Saudi Arabia’s natural gas production

January 26, 2022 Mariel Alumit

January 25, 2022 Source: Graph created by the U.S. Energy Information Administration, based on data from International Energy Statistics and Rystad Saudi Arabia’s dry natural gas production reached an average of 11 billion cubic feet […]

No Picture
EIA News

Proved reserves of natural gas fell 4% in the United States during 2020

January 26, 2022

January 26, 2022 Source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2020 Because of lower natural gas prices in the first year of the COVID-19 […]

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