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Home2022July

Month: July 2022

Texas power
Top News

Texas power demand to exceed planned supply midafternoon July 13: ERCOT

July 15, 2022 Mariel Alumit

The Electric Reliability Council of Texas forecasts power demand to exceed planned supply on July 13, beginning around 2:45 pm CT and ending around 5:15 pm CT, and it appealed to the public to curtail […]

Fundare
Finance

Fundare Resources Closes Acquisition of Green River Basin Asset

July 15, 2022 Mariel Alumit

DENVER–(BUSINESS WIRE)–Fundare Resources Company, LLC (“Fundare” or the “Company”) announced today that it has completed an acquisition of oil and gas assets in the Green River Basin of Wyoming from HRM Resources III, LLC (“HRM”). […]

Crude oil
Crude Oil News

Crude oil futures rise as record power demand offsets macroeconomic weakness

July 15, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning Asian trade July 15, shrugging off rangebound trading over the past two sessions, as investors weighed conflicting signals of deteriorating macroeconomic fundamentals and a still tight oil market. […]

Richard Welch
ENB Podcast

ENB #63: Richard Welch Candidate for Congress – The Energy Crisis requires solutions from boots-on-the-ground experience, rather than pie in the sky.

July 15, 2022 Mariel Alumit

Today is no exception, I get the opportunity to visit with Richard Welch, Candidate for Congress, and we really had fun talking about what legislators need in order to make good laws. And yes, common […]

California
Climate Crisis

California went big on rooftop solar. It created an environmental danger in the process

July 15, 2022 Mariel Alumit

California has been a pioneer in pushing for rooftop solar power, building up the largest solar market in the U.S. More than 20 years and 1.3 million rooftops later, the bill is coming due. Beginning in 2006, the […]

Renewable Energy
Renewables Not Sustainable

Energy Crises In Germany and Texas Are Exposing The Folly of Renewable Energy | Opinion

July 15, 2022 Mariel Alumit

All over the world, consumers are being slammed by soaring energy prices. In Australia, the wholesale cost of electricity jumped by 141 percent in the first three months of 2022. In Britain, residential customers are paying […]

Tellurian
Finance

Tellurian Announces Haynesville Shale Acquisition for $125 million

July 15, 2022 Mariel Alumit

HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, […]

Who Really Controls The World’s Oil Reserves?
Crude Oil News

Who Really Controls The World’s Oil Reserves?

July 15, 2022 Stu Turley

Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go wild amid a tight—and tightening—market. At the same time, the U.S. government, as […]

Commodities

Stocks make recovery bid, hemmed in by weakening world economy

July 15, 2022 Stu Turley

(Reuters) – World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were fanned further by data showing a sharp […]

Fossil

How Energy Demand Bounced Back After The Pandemic

July 15, 2022 Stu Turley

Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. It is […]

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