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Home2022June

Month: June 2022

Domestic oil and gas production has increased since President Biden came into office. PHOTO: ROBYN BECK/AGENCE FRANCE-PRESSE/GETTY IMAGES
Climate Crisis

Energy Inflation Derails Biden’s Climate Agenda

June 25, 2022 Stu Turley

ENB Publishers Note: The result of bad energy policies has come home to roost on the White House doorstep. While this administration is making horrific energy decisions, there have been 20 years of world bad […]

Chevron
Top News

Chevron to Move Headquarters Within California, Move Some Staff to Houston

June 25, 2022 Stu Turley

The energy giant Chevron Corporation announced on Friday that they will be moving out of their headquarters to a new place within California while also shifting some employees to Texas sometime next year. Chevron, which […]

The Diablo Canyon nuclear power plant - Source David Middlecamp
Climate Crisis

Dianne Feinstein: Why I changed my mind about California’s Diablo Canyon nuclear plant

June 25, 2022 Stu Turley

ENB Publishers Note: While I did not vote for Dianne Feinstein, I do respect her letter explaining her position on the Diablo Canyon, and placing California’s citizens first. We need to use all forms of […]

Democrats’ Disastrous, Capricious Energy Policy
Opinion

Democrats’ Disastrous, Capricious Energy Policy

June 25, 2022 Stu Turley

Democrats have spent decades warning that the United States must stop using the most efficient and affordable energy sources or it will be consumed by heat waves, fireballs, and cataclysmic weather events. Every flood, every […]

US natural gas
Top News

Natural gas futures plummet after EIA reports 74 Bcf build into storage

June 24, 2022 Mariel Alumit

US natural gas working stocks rose by a larger-than-expected 74 Bcf during the week ended June 17, reducing the deficit to a seasonal low of 13.2%, which helped spur a selloff for US natural gas […]

offshore
Political

White House tensions with oil industry remain high after ‘productive’ meeting with refiners

June 24, 2022 Mariel Alumit

Heated rhetoric from the White House and oil industry prompted an in-person meeting June 23 between US Energy Secretary Jennifer Granholm and top oil executives, with few details being made public beyond assurances from both […]

US LPG
Natural Gas

US LPG loading in June seen around 2.9 mil mt, up 21% on month as arbitrage opens

June 24, 2022 Mariel Alumit

US LPG cargoes loading in June for delivery to Asia in July are estimated at 2.9 million mt, up from 2.4 million mt loading in April, while July-loading cargoes for August arrival are projected around […]

Exxon Mobil
Finance

Exxon Mobil CEO Darren Woods calls for a higher price on carbon

June 24, 2022 Mariel Alumit

Exxon Mobil CEO Darren Woods would like the U.S. government to help incentivize some of the clean energy innovations his company is developing, like biofuels and direct air capture of carbon dioxide. In an interview with […]

SilverBow Resources
Finance

SilverBow Resources Announces Extension of Revolving Credit Facility and Increased Borrowing Base

June 24, 2022 Mariel Alumit

HOUSTON, Jun. 23 /BusinessWire/ — SilverBow Resources, Inc. (NYSE:SBOW) (“SilverBow” or “the Company”) today announced it has received bank approval to amend its senior secured revolving credit facility (“Credit Facility”) to extend the maturity of […]

Overnight Oil Report

Crude oil futures mostly steady; sentiment still fragile amid recession fears

June 24, 2022 Mariel Alumit

Crude oil futures were mostly steady in mid-morning trade in Asia June 24 after shedding early morning gains as sentiment remained fragile following steep declines in the last two sessions. At 10:30 am Singapore time […]

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