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Home2022June

Month: June 2022

Global Gasoline And Diesel
Commodities

Can The Global Gasoline And Diesel Crisis Be Solved?

June 21, 2022 Mariel Alumit

Diesel and gasoline markets are witnessing crack spreads in the $50-$60 per barrel range due to inventory stocks across the world being at record lows. The global oil demand recovery looks resilient as the final […]

Europe imported record amounts of liquefied natural gas in 2022
EIA News

Europe imported record amounts of liquefied natural gas in 2022

June 21, 2022

Europe’s (the European Union and the United Kingdom) liquefied natural gas (LNG) imports set an all-time historical record high in April 2022, averaging 16.5 billion cubic feet per day (Bcf/d) monthly and exceeding 19.0 Bcf/d […]

Most combined-cycle power plants have duct burners to combust turbine exhaust gases
EIA News

Most combined-cycle power plants have duct burners to combust turbine exhaust gases

June 21, 2022

Most combined-cycle power plants in the United States have duct burners that help them make additional use of combustion turbine exhaust gases. Combined-cycle power plants are the most prevalent technology used to generate electricity in […]

EIA expects significant increases in wholesale electricity prices this summer
EIA News

EIA expects significant increases in wholesale electricity prices this summer

June 21, 2022

In our latest Short-Term Energy Outlook (STEO), we expect prices this summer in wholesale electricity markets will significantly increase over last summer’s prices. We forecast that electricity prices in the Northeast regions (ISO New England, […]

EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023
EIA News

EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

June 21, 2022

In our June 2022 Short-Term Energy Outlook (STEO), we forecast that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. We forecast […]

No Picture
International News

Adani Power acquires infra development firms SPPL and EREPL for over Rs 609 crore

June 21, 2022

Earlier this month, the company had stated in a filing that the cost of acquisitions were Rs 280.10 crore for SPPL and Rs 329.30 crore for EREPL. The consideration for the acquisition was cash. New […]

No Picture
International News

Tata Steel buys coal from Russia weeks after vowing to cut ties

June 21, 2022

Tata Steel had said in April all its manufacturing sites in India, the UK and the Netherlands had sourced alternative supplies of raw materials to end its dependence on Russia, adding it was taking “a […]

No Picture

US Solar Tariff Reprieve — Is Two Years Enough?

June 20, 2022

Calgary, Alberta (June 14, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report evaluating the impact of the Biden administration’s strategy […]

Preparing for Summer Load? Don’t miss our 2022 Summer Outlooks

June 20, 2022

One thing is for sure, it’s going to be a hot one this summer. Our expert power market analysts break down the summer forecasts for ERCOT, PJM and CAISO SP-15 in our recent Summer Outlook […]

No Picture

Forward Curves, Part 2: Why Do Traders Need Forward Curves?

June 20, 2022

Energy trading companies need to know the current market price for all forward deals that were made on their trading desks so that they can properly evaluate every deal and generate a profit and loss […]

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