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Home2022April

Month: April 2022

International News

Maersk Drilling Inks 31-Well Rig Deal

April 12, 2022 Mariel Alumit

Offshore driller Maersk Drilling has secured a 19-month plug and abandonment contract through a rig sharing agreement between TotalEnergies and Petrogas in the Dutch North Sea. Maersk Drilling has been awarded contracts which will see […]

The United States increased both imports and exports of petroleum products in 2021
EIA News

The United States increased both imports and exports of petroleum products in 2021

April 12, 2022

In 2021, an average of 5.7 million barrels per day (b/d) of petroleum products were exported from the United States, an increase of 360,000 b/d from 2020. U.S. imports of petroleum products also increased to […]

No Picture
EIA News

The United States increased both imports and exports of petroleum products in 2021

April 12, 2022

April 12, 2022 Source: U.S. Energy Information Administration, Petroleum Supply Monthly In 2021, an average of 5.7 million barrels per day (b/d) of petroleum products were exported from the United States, an increase […]

No Picture
International News

India set to miss 2022 solar target by 27%: Report

April 12, 2022

India is projected to fall “well short” of its target for 2022 of having 100 gigawatts (GW) of installed solar capacity, largely due to slow uptake of rooftop solar, a new report by JMK Research […]

No Picture
International News

Indian Oil has removed Russian Urals from its latest tender, sources say

April 12, 2022

India’s top refiner informed market participants that Das, Eugene Island, Thunder Horse and Urals crude were no longer on the list of grades under its latest tender, which closes on Tuesday, the sources said. Indian […]

No Picture
International News

Biden to Modi: Buying more Russian oil is not in India’s interest

April 12, 2022

Starting an hour-long video call U.S. officials described as “warm” and “candid,” Biden and Modi both publicly expressed growing alarm at the destruction inside Ukraine, especially in Bucha, where many civilians have been killed.WASHINGTON: PresidentJoe […]

Coal

Ukraine’s energy sector growing, recovering despite war with Russia

April 11, 2022 Andy Del Prado

KYIV, Ukraine — DTEK CEO Maxim Timchenko gave a press briefing on April 7, discussing Ukraine’s energy security, as well as efforts to replace Russian supplies. Much of the talk centered around generating electricity and […]

UK investment
Exploration and Production

Shell’s 13-year journey from discovery to first oil shows why U.S. output remains flat

April 11, 2022 Andy Del Prado

Bloomberg) — Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain why they haven’t raised production fast enough to tame skyrocketing energy prices. For Shell […]

Commodities

Biden’s Latest Plan To Curb Soaring Gasoline Prices Angers Drillers

April 11, 2022 Andy Del Prado

U.S. President Joe Biden outlined a series of steps the White House is taking to reduce high prices at the pump. The U.S. President called on Congress on Thursday to make American oil companies pay […]

Coal

Coal is back in fashion – Thungela Resources is one way to profit

April 11, 2022 Andy Del Prado

At the COP26 conference, a 190-strong coalition of countries, banks and investors lined up to give their support to plans to phase out coal power. The timing was less than perfect. Today, just a few […]

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