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Home2022February

Month: February 2022

EU - Looking for Gas prices and electriciy prices high through next summer - ENB
Renewables Not Sustainable

U.S. gas industry will be essential to a net zero future

February 9, 2022 Mariel Alumit

American Gas Association (AGA) Chair, and Chairman, President and Chief Executive Officer at Southern Company Gas, Kim Greene, joined AGA President and CEO Karen Harbert to release a bold vision for the future along with a […]

Russia
International News

Tanker Rates Turn Negative As U.S. LNG Flocks To Europe

February 9, 2022 Mariel Alumit

The spot charter rates for shipping U.S. liquefied natural gas to Europe have just turned negative, suggesting that there are now too many LNG vessels in the Atlantic region but fewer requirements, according to LNG […]

EIA News

Oil Prices Inch Closer To $90 On Surprise Crude Draw

February 9, 2022 Mariel Alumit

The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 2.025 million barrels after analysts predicted a build of 675,000 barrels. U.S. crude inventories shed some 78 million barrels since […]

Ford Lightning - EV - EnergyNewsBeat
EIA News

Electric vehicles and hybrids surpass 10% of U.S. light-duty vehicle sales

February 9, 2022 Mariel Alumit

Hybrid, plug-in hybrid, and electric vehicle sales in the Unites States have increased in recent months as sales of non-hybrid internal combustion engine (ICE) vehicles fueled by gasoline or diesel decreased. In the fourth quarter […]

International News

Hess unveils US$2.6B budget for 2022; majority to be invested in Guyana, Bakken

February 9, 2022 Mariel Alumit

U.S. energy company Hess Corporation revealed on Monday that it has allocated a whopping US$2.6B towards its 2022 Exploration and Production budget.  Interestingly, the American explorer said the majority of this expenditure will go towards […]

Chevron
Crude Oil News

Exclusive-U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

February 9, 2022 Mariel Alumit

HOUSTON/WASHINGTON (Reuters) – The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt, four people close to the discussions […]

Crude Oil News

EXCLUSIVE Canada’s Crescent Point looks to sell some oil and gas assets -documents

February 9, 2022 Mariel Alumit

Feb 7 (Reuters) – Canadian oil and gas producer Crescent Point Energy Corp is looking to sell some of its assets in Alberta and Saskatchewan that could fetch around C$500 million ($394 million), according to […]

No Picture
International News

SC notes settlement, closes curative plea of GUVNL against Adani Power for termination of PPA

February 9, 2022

A five-judge Constitution bench headed by Chief Justice N V Ramana was told by Attorney General K K Venugopal, appearing for GUVNL, that a settlement has been arrived at between the state PSU and Adani […]

No Picture
International News

Adani, Gujarat Urja settle row over PPA

February 9, 2022

As per the settlement, Adani will resume power supply to the state-owned entity and withdraw a INR10,000 crore claim against Gujarat Urja. New Delhi: The Supreme Court on Tuesday disposed of a plea to reconsider […]

No Picture
ENB Contributor Column

What will the invasion of Ukraine mean for U.S. gas prices at the pump? And is the invasion happening in the next 10 days?

February 9, 2022 Mariel Alumit

As Europe sits in the worst energy crisis it has ever seen in modern history, the question looms; Will Putin invade, or is this a ploy to get the Nord Stream 2 pipeline approved? Last […]

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