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Home2022June

Month: June 2022

Major Gulf
Crude Oil News

Major Gulf markets fall on inflation, fuel demand concerns

June 13, 2022 Mariel Alumit

June 13 (Reuters) – Major Gulf bourses declined in early trade on Monday, in line with Asian shares and oil prices as an unexpected spike in U.S. inflation renewed fears over policy tightening and economic […]

No Picture
International News

India’s power demand jumps by 45,000 MW in a year; ensuring 23-23.5 hr supplies: Power Minister RK Singh

June 13, 2022

A massive addition in the generation capacity, integrating the country into one transmission grid and strengthening of the distribution system during eight years of the Modi government is ensuring the 23 to 23.5 hours of […]

Arm and a Leg at the pump - ENB
ENB Contributor Column

Double Standards Will Not Ease the Pain at the Pump

June 12, 2022 Stu Turley

We see it all the time. Pastors preach from the pulpit on how we should and shouldn’t behave, and then they get caught up in horrible scandals that ruin their credibility as well as the […]

Windfall tax on generators could increase renewable investment costs, warns Energy UK
ENB Pub Note

Windfall tax on generators could increase renewable investment costs, warns Energy UK

June 12, 2022 Stu Turley

ENB Publishers Note: Windfall taxes do not solve anything, except give the government more money to waste.  A windfall tax on generators could risk future investment into energy infrastructure, impacting the transition to net zero […]

You may be stuck paying high gas prices for years as a global metals shortage sabotages the electric car revolution
Electric Vehicles

You may be stuck paying high gas prices for years as a global metals shortage sabotages the electric car revolution

June 12, 2022 Stu Turley

Metals are quickly becoming the new oil as fossil fuels are phased out and replaced with clean energy and electric cars. The green energy transition relies on mining to produce enough lithium, cobalt, and nickel […]

OPEC + Leadership - Energy News Beat
Crude Oil News

How the U.S. Turned the Tables on OPEC

June 12, 2022 Stu Turley

Global oil markets were experiencing unprecedented volatility in March and April 2020, with spot U.S. crude oil trading between $47 and negative $37 a barrel. By May the world was beginning to absorb the economic shutdown. It […]

Exploration and Production

Oil producer Sabinal Energy divvying up Permian assets for possible sale

June 11, 2022 Stu Turley

Sabinal Energy, an oil producer backed by Kayne Anderson, is divvying up its assets for a sale of the company that could fetch more than $1 billion, according to people with knowledge of the situation. […]

carbon capture
Carbon Capture

Occidental Petroleum Is Making Strides to Capture This $5 Trillion Opportunity

June 11, 2022 Stu Turley

Occidental Petroleum (OXY -2.01%) sees tremendous potential for carbon capture and storage (CCS). The process that extracts carbon dioxide from the air and stores it underground could help significantly reduce climate-impacting carbon emissions in the future. CCS […]

Inflation impacts the poor the most - ENB
Finance

Wall Street Narratives Distort Reality; A Deep Recession Is Rapidly Approaching

June 11, 2022 Stu Turley

Top 10 S&P 500 Sell-Offs During First Five Months Numera Analytics Volatility remains the major feature of financial markets. You are correct if you interpret the word “volatility” to include a downtrend in equity prices. […]

Biden -4
Finance

“Exxon Made More Money Than God” — But Far Less Than Apple

June 11, 2022 Stu Turley

US President Joe Biden speak about the economy and inflation from the deck of the USS Iowa at the … [+] Port of Los Angeles on June 10, 2022. – US inflation surged to a new four-decade […]

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