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Home2022April

Month: April 2022

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International News

India has become an energy transition powerhouse: Francesco La Camera, DG, IRENA

April 29, 2022

International Renewable Energy Agency (IRENA) Director General Francesco La Camera speaks on the global and the Indian energy transition story, green hydrogen, the agency’s partnership with the Indian government and the Ukraine crisis.In an exclusive […]

International News

Oil Soars with Expectation of the EU Ban on Russian Crude

April 28, 2022 Andy Del Prado

Oil closed at the highest level in nearly two weeks as prospects for a European Union ban on crude imports from Russia seemed more likely, with an extra jolt of support coming from a growing […]

European gas prices hit record as Russian flows via Yamal reverse
Finance

Europe Sees Ambiguity in EU’s Advice on Russian Gas Demands

April 28, 2022 Mariel Alumit

Several European Union nations are pushing for clearer guidance from the bloc on Russia’s demand to pay for gas in rubles, saying the current advice is too ambiguous. The European Commission told the ambassadors at […]

China processed record amounts of crude oil in 2021 but exported less gasoline and diesel
EIA News

China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

April 28, 2022

China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products. In the second half of the year, China processed slightly less crude oil and began exporting significantly less […]

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EIA News

China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

April 28, 2022

April 28, 2022 Source: Graph by the U.S. Energy Information Administration, based on data from China General Administration of Customs, as compiled by Bloomberg, L.P. China processed record amounts of crude oil in […]

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International News

BHEL, GE Power ink pact to develop propulsion systems for Indian Navy

April 28, 2022

The MoU was signed in the presence of Jeremy Quin MP, UK Minister of Defence Procurement, Alex Ellis, British High Commissioner to India, Anurag Bajpai, Joint Secretary Defence Industrial Promotion, Dr. Nalin Shinghal, CMD BHEL […]

Montana oil and gas industry welcomes resumed federal lease sales, but economic hurdles still exist
Energy Policy

Montana oil and gas industry welcomes resumed federal lease sales, but economic hurdles still exist

April 28, 2022 Mariel Alumit

(The Center Square) – Montana’s oil and gas industry welcomes the continuation of lease sales on federal lands, but it could still be tough economically, industry representatives say. Earlier this month, the U.S. Bureau of […]

Why has Russia halted gas supplies to Bulgaria and Poland?
Energy Policy

Why has Russia halted gas supplies to Bulgaria and Poland?

April 28, 2022 Mariel Alumit

Russia on Wednesday abruptly halted natural gas supplies to Bulgaria and Poland, stepping up retaliatory measures against countries assisting Ukraine in its bid to fight off Moscow. Kremlin spokesman Dmitry Peskov said that Russia was responding to […]

International News

Hess Announces Three New Discoveries and Increase in Resource Estimate for Stabroek Block, Offshore Guyana

April 28, 2022 Mariel Alumit

Gross discovered recoverable resource estimate for Stabroek Block increased to approximately 11 billion barrels of oil equivalent Discoveries at Barreleye, Lukanani and Patwa further underpin the development potential of the block NEW YORK–(BUSINESS WIRE)–Hess Corporation […]

Funding will help seal thousands of abandoned oil wells in Southern California and statewide
Regulations

Funding will help seal thousands of abandoned oil wells in Southern California and statewide

April 28, 2022 Mariel Alumit

California is home to thousands of oil and gas wells abandoned years ago and never properly sealed — many of them sitting near homes, schools and businesses from the coast to the Inland Empire. With […]

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