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Home2022June

Month: June 2022

Canada
International News

Gas prices continue to surge higher in Canada, with more increases expected next week

June 9, 2022 Mariel Alumit

Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming. The Canadian Automobile Association says national average gas prices rose to nearly $2.06 on Sunday, […]

OPEC
Crude Oil News

OPEC: Biting Off More Than They Can Chew

June 9, 2022 Mariel Alumit

Ever since the oil price crash of 2020, OPEC has been coordinating to adjust how much oil they produce in order to balance out supply with changes in demand. Most recently OPEC decided to increase […]

ESG
Rare Earth Minerals

Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred

June 9, 2022 Mariel Alumit

The level of interest in lithium extraction produced water, aka brines, among exploration and production companies, oilfield services firms and others is “growing,” said Lium Research partner Joseph Triepke. “Three to five years ago, almost no […]

No Picture
International News

India attracted record $14.5 bn investment in renewable energy last financial year

June 9, 2022

The majority of the money flowed through acquisitions, which accounted for 42% of the total investment in FY2021-22.New Delhi: Investment inrenewableenergy in India reached a record $14.5 billion last financial year 2021-22, an increase of […]

No Picture
International News

India rejects Environment Performance Index 2022 that ranked it lowest among 180 countries

June 9, 2022

The index has many indicators based on unfounded assumptions and some of these indicators used for assessing performance are extrapolated and based on surmises and unscientific methods, the ministry said.New Delhi: Theenvironment ministryon Wednesday rebutted […]

No Picture
International News

Brookfield Renewable India commissions its maiden greenfield solar plant

June 9, 2022

The company did not share the investment details of the project, which has been developed in partnership with Axis Energy Ventures. Mumbai:BrookfieldRenewableIndia, an arm of the Canadian private equity major, on Wednesday commissioned its first […]

Siemens
International News

Plug Power plans 100-MW green hydrogen plant in Antwerp, Belgium

June 8, 2022 Mariel Alumit

US green hydrogen company Plug Power is planning to build a 100-MW electrolyzer at the Port of Antwerp-Bruges in Belgium, the company said in a statement June 8. The facility will produce 35 mt/day of […]

Houston Refinery
Commodities

Premature Closure Of Houston Refinery Could Worsen The Fuel Crunch

June 8, 2022 Mariel Alumit

U.S. refining capacity could take a hit from an earlier than planned closure of a major refinery in Houston, which could worsen the refining and fuel crunch in the country. LyondellBasell—which announced in April that it would […]

Japan
International News

Japan Asks People And Firms To Save Electricity To Avoid Blackouts

June 8, 2022 Mariel Alumit

Japan on Tuesday called on households and companies to conserve as much electricity as possible this summer, seeking to prevent blackouts as spare reserve capacity is expected to drop to critically low levels. The nationwide energy-conservation effort […]

Biden
Energy Policy

Biden memorandum signals that the private sector must live up to cyber performance goals

June 8, 2022 Mariel Alumit

On July 28, 2021, President Biden signed a memorandum to modernize defenses in industrial control systems (ICS) that command and direct manufacturing, product handling, production, distribution and related data acquisition. Why does it matter? The Biden administration committed to take […]

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