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Home2022June

Month: June 2022

ENB Podcast Promo - RT Trevino
ENB Podcast

ENB #54 We talk to the CEO of The Crude Truth – Why is Haiti and the Dominican Republic important?

June 8, 2022 Stu Turley

This is a fun podcast with R.T. Trevino III, CEO of The Crude Truth and Pecos Country Operating Director. We have an absolute blast talking about Alternative Investing, and why Haiti and the Dominican Republic […]

Taiwanese
International News

EIA for CIP’s 1.8 GW Taiwanese Offshore Wind Farm Gets Green Light

June 8, 2022 Mariel Alumit

Copenhagen Infrastructure Partners’ (CIP) new offshore wind project in Taiwan, called Taichung Fengmiao, has obtained the recommendation of approval by Taiwan’s Environmental Impact Assessment (EIA) review committee. This is according to an update shared on […]

rare earths
Fossil

As demand for rare earths rises, world’s biggest producer might stop exporting them, says analyst

June 8, 2022 Mariel Alumit

China, the world’s biggest producer of magnet rare earth oxides could stop exporting the group of minerals within the next decade due to increasing domestic demand and a shortage in global supply, said Ryan Castilloux, […]

Crude Oil News

Permian to the rescue: Core US basin’s oil production growth to outpace rivals this year and next

June 8, 2022 Stu Turley

Permian oil production growth is set to outpace OPEC heavyweight Iraq this year and next as demand for oil surges on historically tight supply, Rystad Energy research shows. Total oil output from the Permian, including both […]

Overnight Oil Report

Crude edges higher as EU ban on Russian oil heightens supply concerns

June 8, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning Asian trade June 8 as anticipation that an EU ban on Russian oil would tighten supply overshadowed reports of an inventory build in the US. At 10:18 am […]

Railroad
Finance

Texas oil and natural gas producers pay nearly $5B in production taxes

June 8, 2022 Mariel Alumit

Texas Comptroller Glenn Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers are paying record amounts in production taxes to the State of Texas. According to the Comptroller’s data, in […]

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 […]

Coal
Fossil

Red-Hot Coal Prices Threaten Even Higher Power Bills

June 8, 2022 Mariel Alumit

Natural gas isn’t the only power-plant fuel on fire this year. Thermal-coal prices have soared from Appalachia to Australia, threatening more increases in manufacturing costs and power bills this summer. Futures for coal delivered to northwestern […]

U.S.
Fossil

U.S. LNG Exports Stay Near Record Levels in May

June 8, 2022 Mariel Alumit

U.S. exports of liquefied natural gas remained close to record levels last month, at 7.29 million tons, or the second-highest since records of such exports began. According to Refinitiv Eikon data, Reuters reported that the May total […]

Chesapeake Energy
Top News

Chesapeake Energy aims to expand push into LNG with market adviser

June 8, 2022 Mariel Alumit

June 6 (Reuters) – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growing export market. U.S. natural […]

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