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Home2022March

Month: March 2022

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International News

Lanka IOC hikes retail prices of petrol and diesel yet again

March 11, 2022

With this increase, the price of petrol has shot up to Rs 254 per litre and diesel to Rs 214 respectively, an unprecedented high in fuel prices.Colombo: The Lanka Indian Oil Company (LIOC), the Sri […]

No Picture
International News

Tata Power partners Enviro to install EV charging points in Gurugram

March 11, 2022

These chargers will be made available as public charging stations and semi-public based on the nature of the premises. Gurugram: Electric-vehicle charging infra provider TataPowerhas collaborated withEnviro– the facility management wing of real estate developerVatika […]

geothermal - energynewsbeat
Renewables Not Sustainable

Why Aren’t Investors Interested In Geothermal Energy?

March 10, 2022 Andy Del Prado

The need to develop a variety of energy sources has never been so evident. As the global reliance on a few specific oil and gas sources becomes clear, it seems obvious that we should be […]

US Energy News

Senator Warren Wants ‘’Windfall Tax’’ On Oil Profits

March 10, 2022 Andy Del Prado

As prices at the pump continue to rise for Americans, and as U.S. President Joe Biden warns oil and gas companies about price-gouging to take advantage of profits from the fallout of the Russia-Ukraine war, […]

Increased demand and low inventories drive U.S. distillate prices higher
EIA News

Increased demand and low inventories drive U.S. distillate prices higher

March 10, 2022

Rising crude oil prices, low refinery production, and increased consumption of distillate fuel have contributed to the highest nominal (not adjusted for inflation) distillate prices since 2014. Distillate is a category of fuel that includes […]

No Picture
EIA News

Increased demand and low inventories drive U.S. distillate prices higher

March 10, 2022

March 10, 2022 Source: Graph by the U.S. Energy Information Administration, based on data compiled by Bloomberg L.P. Rising crude oil prices, low refinery production, and increased consumption of distillate fuel have contributed […]

Continental Powder River Basin Assets Near Chesapeake - ENB
M & A

Chesapeake Energy Completes Acquisition of Chief, Tug Hill Affiliates

March 10, 2022 Mariel Alumit

Chesapeake Energy Corp. on March 9 completed its previously announced multibillion-dollar acquisition of Chief E&D Holdings, LP and associated nonoperated interests held by affiliates of Tug Hill Inc. “The Chief transaction deepens our premium inventory, […]

CERAWEEK U.S. energy secretary urges companies to boost oil, gas output
Crude Oil News

CERAWEEK U.S. energy secretary urges companies to boost oil, gas output

March 10, 2022 Mariel Alumit

HOUSTON, March 9 (Reuters) – Any oil and gas company that can increase supply should do so quickly due to the growing energy crisis following Russia’s invasion of Ukraine, U.S. Energy Secretary Jennifer Granholm said […]

EU
International News

EU leaders to tell Ukraine: “you belong to our family”

March 10, 2022 Mariel Alumit

VERSAILLES, France, March 10 (Reuters) – European Union leaders will wrestle on Thursday with how to reduce their reliance on Russian energy and bolster political and moral support for Ukraine in the face of Moscow’s […]

Russian Nickel Compounds Pain For Carmakers Contending With Chip Shortages
Energy Tech

Russian Nickel Compounds Pain For Carmakers Contending With Chip Shortages

March 10, 2022 Mariel Alumit

Carmakers have struggled to maintain production levels for over a year owing to a computer chip shortage that shows no sign of easing. Now in the aftermath of Russia’s invasion of Ukraine that sent oil […]

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