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Home2022February

Month: February 2022

US Carbon markets to expand next year - Energy News Beat
Carbon Capture

Carbon capture will require massive pipeline construction

February 10, 2022 Mariel Alumit

The inherent dangers of capturing and transporting carbon dioxide for industrial operations exploded into the public domain two years ago when a CO2 pipeline suddenly ruptured in the tiny Mississippi town of Satartia. The pipeline […]

Nuclear Fusion tokamak -ENB
Electrical Generation / Utilities

European Scientists Set Nuclear-Fusion Energy World Record

February 10, 2022 Mariel Alumit

  There’s no silver bullet to the climate crisis, but nuclear fusion may be the closest thing to it. In the quest for a near-limitless, zero-carbon source of reliable power, scientists have generated fusion energy before, […]

Indian Oil -Energynewsbeat.com
International News

India headed for steep fuel price hike in March, Deloitte says

February 10, 2022 Mariel Alumit

“Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an interview with Bloomberg TV’s Haslinda Amin and Rishaad Salamat. NEW DELHI: Deloitte Touche Tohmatsu India expects […]

NHCP -ENB
International News

NHPC inks pact to build 10,000 MW renewable energy capacity in Rajasthan

February 10, 2022 Mariel Alumit

The LoI was signed by Y K Chaubey, Director (Technical), NHPC Ltd and Subodh Agarwal, Additional Chief Secretary, Mines and Petroleum Department and Energy Department, and Chairman and Managing Director, RRECL. New Delhi: State-run NTPC […]

TOTAL, NEW OPERATOR OF BLOCK 58 OFFSHORE SURINAME, ANNOUNCES A FOURTH DISCOVERY
Crude Oil News

TotalEnergies: High Oil Prices Are Here To Stay

February 9, 2022 Mariel Alumit

TotalEnergies CEO Pouyanné: I’ve no good news to deliver, oil prices will remain high. Continuously growing global oil demand amid muted new investment in production will keep oil prices elevated. Pouyanné’s view that oil prices […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Commodities

JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate

February 9, 2022 Mariel Alumit

Oil prices rose late on Wednesday afternoon with Brent reaching just shy of $92 per barrel. But JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate. […]

Bidens Freeze on Drilling Leases Disrupts New Mexico - Energy News Beat
Crude Oil News

$90 Oil Offers The Best-Ever Economics For U.S. Shale

February 9, 2022 Mariel Alumit

The U.S. shale patch is experiencing its best-ever economics this year thanks to a combination of disciplined spending and high oil prices. The Permian basin is still leading U.S. shale production growth but basins in […]

EIA News

U.S. sees record oil production next year moving even higher

February 9, 2022 Mariel Alumit

(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling. Oil output will average 12.6 million barrels a day in 2023, […]

Taiwan starts receiving LNG from Cheniere- to get 30 shipments annually -Energy News Beat
LNG

Wave of U.S. LNG Ships Headed to Europe Sends Freight Rates Below Zero

February 9, 2022 Mariel Alumit

(Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel. Spot […]

EUs Liese Has Carbon Price Rule in Crosshairs as Costs Soar -ENB
Carbon Credit

EU’s Liese Has Carbon Price Rule in Crosshairs as Costs Soar

February 9, 2022 Mariel Alumit

EU Parliament’s Liese plans amendment to carbon reform Emissions costs break records on climate ambition, gas: Liese A key lawmaker in the European Union is seeking tougher rules to prevent prices from rising too quickly […]

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