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Home2022April

Month: April 2022

The number of DUCs is the lowest in years - ENB - EIA
EIA News

EIA Says Number Of DUCs Falls To Lowest On Record

April 18, 2022 Stu Turley

The number of Drilled but Uncompleted Wells sank to its lowest level ever recorded, according to the Energy Information’s latest Drilling Productivity Report published on Monday. The number of Drilled but Uncompleted Wells—also known as […]

U.S. coal exports
Commodities

Residential heating oil and propane prices end the winter season higher than last winter

April 18, 2022 Mariel Alumit

The U.S. average residential heating oil price ended the 2021-22 winter heating season at $5.13 per gallon (gal), $2.26/gal higher than at the same time last year, according to our Heating Oil and Propane Update. […]

International News

Plan to reduce oil and gas emissions ‘ambitious’: Expert

April 17, 2022 Andy Del Prado

A new plan from the federal government will see the industry cut emissions to 110 megatonnes by 2030. “If we’re really going to work towards some of these numbers, we need every tool put on […]

OPEC- energynewsbeat.com
International News

Putin, Saudi Crown Prince upbeat on OPEC+ cooperation on oil market

April 17, 2022 Andy Del Prado

New Delhi: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman gave a “positive assessment” to their cooperation on the OPEC+ producers group to stabilise the world oil market, the Kremlin said in […]

Pump Jacks - Set - ENB
International News

Mid-Cap Energy Stocks Are Outperforming Supermajors

April 17, 2022 Andy Del Prado

When it comes to long-term investing in the oil and gas sector, heavyweights such as ExxonMobil (NYSE:XOM), Chevron Corp. (NYSE:CVX), ConocoPhillips (NYSE:COP), BP Plc (NYSE:BP), and Shell (NYSE:SHEL) tend to hog the limelight. However, overlooking mid-cap oil and gas stocks (market-caps between $2 billion […]

Jerome Powell - Source - Bloomberg
ENB Pub Note

Powell May Be About to Seal Deal on a Half-Point Hike: Eco Week – Investors will seek alternative investments

April 17, 2022 Stu Turley

Fed chair to make final remarks before pre-decision blackout IMF meetings will also take center stage in world economy EMB Publishers Note: Investors are facing tough choices as they look to alternative investments to hedge […]

A Power plant in the Gujarat state of India - Russia to look at India and China as alternative markets for oil and gas
Exports

Putin says Russia should redirect energy exports to ‘the south and the east.’ It’s not that simple.

April 17, 2022 Stu Turley

With the United States banning Russian energy imports, and Europe weighing how far to go in doing the same, President Vladimir V. Putin of Russia told top officials and industry representatives this week that Moscow […]

No Picture
International News

SECI issues tender for 500 MW Battery Energy Storage Systems

April 16, 2022

A first-of-its-kind tender in the country, it will provide Discoms with storage facilities to be used on an ‘on-demand’ basis.New Delhi: Solar Energy Corporation of India Ltd (SECI) has issued the tender for setting up […]

No Picture
International News

RRECL, THDC sign MoU to set up 10,000 Mw solar park in Rajasthan

April 16, 2022

ACS Energy and CMD RRECL Subodh Agarwal who was in Rishikesh to ink the agreement said that the development of the park will create 10,000 direct jobs. Jaipur:RajasthanRenewableEnergy Corporation Ltd (RRECL) andTehri Hydro Development Corporation(THDC) […]

The United States ended the winter with the least natural gas in storage in three years
EIA News

The United States ended the winter with the least natural gas in storage in three years

April 15, 2022

Increased heating demand for natural gas this past winter resulted in more withdrawals from U.S. natural gas storage than normal. By the end of March, the least amount of natural gas was held in U.S […]

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