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Home2022May

Month: May 2022

Vistra
Renewables Not Sustainable

Texas’ largest battery project to date brought online by Vistra

May 24, 2022 Mariel Alumit

US utility Vistra has brought a 260MW/260MWh battery energy storage system (BESS) online in Texas, the largest in the state. Vistra said yesterday (23 May) that the DeCordova Energy Storage Facility in Granbury, near Dallas, is […]

No Picture
International News

Adani group to invest Rs 60,000 crore in AP green energy plants

May 24, 2022

Adani group has decided to set up 10000 mw solar power project along with setting up another 3700 mw pumped hydro solar project. The Adani group would invest close to Rs.60000 crore in two projects. […]

No Picture
International News

Hunt begins for a private sector captain to run ONGC

May 24, 2022

The search-cum-selection committee panel was set up in February to choose a chairman-cum-managing director (CMD) at ONGC and is planning to seek out private sector executives as well. The government is keen on seeking a […]

U.S. Natural Gas
Top News

U.S. Natural Gas Prices Rise As LNG Exports Reach 7-Week High

May 23, 2022 Mariel Alumit

U.S. natural gas futures (NGM22) rose more than 4% on Monday morning to $8.456 per MMBtu, as U.S. LNG exports reached a seven-week high to service LNG-thirsty Europe, according to Reuters. Natural gas prices in Europe are […]

Railroad
US Energy News

Texas Upstream Sector Employment Up One More Month

May 23, 2022 Mariel Alumit

Citing the latest Current Employment Statistics report from the U.S. Bureau of Labor Statistics, the Texas Independent Producers and Royalty Owners Association (TIPRO) has released new employment figures showing another consecutive month of positive job […]

Exposed By Putin
Finance

Exposed By Putin, The Energy Know-Nothings Must Now Go Away

May 23, 2022 Mariel Alumit

I’m convinced that the silver lining in this horrific war is that Putin has awoken the West from its energy slumber. Even the most blind are beginning to see. I’ve seen too many good signs […]

crude oil
Crude Oil News

Russia’s seaborne crude oil exports keep coming

May 23, 2022 Mariel Alumit

(Bloomberg) — Russia’s seaborne crude exports are flowing unabated, despite European Union regulations that prohibit dealings with the country’s state energy companies. Shipments persist even as Ukrainian President Volodymyr Zelensky renews calls for more sanctions against Moscow. Overall […]

ExxonMobil
Exploration and Production

ExxonMobil Selling Shale Assets for $750MM

May 23, 2022 Mariel Alumit

ExxonMobil has announced that it has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million. The deal includes additional payments, […]

U.S. coal exports
EIA News

FERC approves new natural gas pipeline projects to increase U.S. exports

May 23, 2022 Mariel Alumit

Our recently updated Natural Gas Pipeline Project Tracker tracks recently approved and completed natural gas pipeline projects. In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase […]

U.S. retail diesel prices increase to over $6 per gallon in the Northeast
EIA News

U.S. retail diesel prices increase to over $6 per gallon in the Northeast

May 23, 2022

On May 16, 2022, the average U.S. on-highway retail diesel fuel price was $5.61 per gallon (gal), a $2.00/gal increase from January 3. Although retail diesel prices have increased across the entire United States, prices […]

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