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Home2022April

Month: April 2022

Geopolitical

Europe Gas Rises With Focus on Ruble Payment’s Impact Supply

April 21, 2022 Mariel Alumit

Natural gas prices in Europe extended gains for a second day as traders weighed the security of supplies when Russia’s demand for ruble payments comes due next month. Front-month futures gained as much as 3.2%, […]

US Natural Gas Storage - ENB
US Energy News

Natural gas drops as much as 11%, pulls back from more than 13-year high

April 21, 2022 Mariel Alumit

Natural gas’ volatility U.S. natural gas futures plunged more than 11% at the lows Tuesday, reversing Monday’s surge which saw the contract rally more than 10% at one point to break above $8 per million British thermal units […]

Nearly all new U.S. crude oil and natural gas wells are horizontal or directional
EIA News

Nearly all new U.S. crude oil and natural gas wells are horizontal or directional

April 21, 2022

The data series recently added to our Monthly Energy Review (MER) provide information on crude oil and natural gas well completions and drilled footage for U.S. wells completed since 2010. In 2021, 81% of U.S. […]

No Picture
EIA News

Nearly all new U.S. crude oil and natural gas wells are horizontal or directional

April 21, 2022

April 21, 2022 Source: U.S. Energy Information Administration, Monthly Energy Review The data series recently added to our Monthly Energy Review (MER) provide information on crude oil and natural gas well completions and […]

No Picture
International News

CBI conducts raids at 14 places in connection to power project case

April 21, 2022

A senior CBI official said that they were looking for evidences at the premises of the accused including private companies, former Chairman, MD and Directors of the project. New Delhi: TheCentral Bureau of Investigation(CBI) is […]

No Picture
International News

Niti Aayog releases draft battery swapping policy

April 21, 2022

According to the draft policy, vehicles with swappable batteries will be sold without a battery, providing the benefit of lower purchase costs to potential EV owners. New Delhi:Government think tankNiti Aayogon Thursday released a draft […]

No Picture
International News

India, Bangladesh set to formalise electricity sharing system

April 21, 2022

The demand for Indian power is rising in Bangladesh which purchased 17.31 per cent more electricity from India worth 4712.91 Taka (Rs 4,150.99) in 2020-21 compared to the previous year.NEW DELHI: In a significant move, […]

No Picture
International News

Oil India commissions India’s first 99.99% pure Green Hydrogen pilot plant

April 21, 2022

The plant produces Green Hydrogen from the electricity generated by the existing 500kW Solar plant using a 100 kW Anion Exchange Membrane (AEM) Electrolyser array. The use of AEM technology is being used for the […]

World Urgently Needs Extra $1.3 Trillion Energy Investment
Crude Oil News

JPMorgan: World Urgently Needs Extra $1.3 Trillion Energy Investment

April 20, 2022 Stu Turley

Global energy demand will continue rising by 2030, which will necessitate an additional $1.3 trillion in investments in all forms of energy, including oil and gas, to avoid a shortage of energy supply, according to JP Morgan. […]

Exxon - Energy News Beat
Carbon Capture

Exxon sees carbon capture market at $4 trillion by 2050

April 20, 2022 Stu Turley

Exxon Mobil Corp. (XOM.N) estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 […]

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