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Home2022July

Month: July 2022

Europe’s
Geopolitical

Europe’s Insatiable Thirst For LNG Is Causing Blackouts In Developing Countries

July 12, 2022 Mariel Alumit

Driven by fears that Russia may cut supply to Europe, the EU imported more LNG from the U.S. than pipeline gas from Russia for the first time ever. This insatiable thirst for natural gas has […]

China
Geopolitical

Is China Preparing To Emulate Russia’s Invasion Of Ukraine?

July 12, 2022 Mariel Alumit

Russia’s invasion of Ukraine has transformed global geopolitical dynamics, and now there are signs that China might soon emulate Russian strategies. China is now heavily focused on ensuring its energy security and pushing the internationalization […]

OPEC
Commodities

OPEC forecasts slower oil demand growth in 2023

July 12, 2022 Mariel Alumit

World demand growth to slow to 2.7 million bpd in 2023 Sees higher demand growth than IEA OPEC June output rises 234,000 bpd after May decline LONDON, July 12 (Reuters) – OPEC expects global oil […]

Germany
International News

Wind, Solar And Pipelines All Fail Germany

July 12, 2022 Mariel Alumit

By Rachel Morison (Bloomberg) Short-term German power prices more than doubled as calm weather and the expected halt of gas flows on the Nord Stream pipeline crimped supplies. Power for Monday surged to the highest […]

No Picture
International News

Debasish Nanda takes over as CIL’s Director, Business Development

July 12, 2022

Nanda is a graduate in mechanical engineering from UCE Burla, Sambalpur University, a post-graduate in production engineering from REC Rourkela and a Masters in International Business from IIFT, New Delhi. New Delhi:CoalIndia Ltd on Tuesday […]

IEA
Geopolitical

Worst of Global Energy Crisis May Still Be Ahead, IEA Says

July 12, 2022 Stu Turley

  Security of oil and gas supplies remains a major challenge China has “big-footed” world on new energy supply chains: US A global squeeze on energy supply that’s triggered crippling shortages and sent power and […]

Oil Prices Rebound Following Morning Drop
Commodities

Oil Prices Rebound Following Morning Drop

July 12, 2022 Stu Turley

Crude oil prices rallied in the afternoon after a rocky start to the trading day, with Brent crude finishing out the day at $106.57. Earlier in the trading day, Brent fell to $103.88 as the […]

Global trade in liquefied natural gas grew by 4.5% in 2021
EIA News

Global trade in liquefied natural gas grew by 4.5% in 2021

July 12, 2022

An average of 49.0 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual […]

North America Adds 11 Rigs
Crude Oil News

North America Adds 11 Rigs

July 11, 2022 Stu Turley

North America added 11 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on July 8. Nine of the weekly additions came from Canada and the other two came […]

EU, Norway agree to increase gas deliveries as Russian cuts deepen Renewable energy •Reuters.com / June 25, 2022 at 06:45AM• Europe EU Norway Energy //
ENB Pub Note

Explainer: What happens if Germany’s Russian gas flows stop

July 11, 2022 Stu Turley

ENB Publishers Note: Watch, Putin will use the Nord Stream 1 maintenance issues as leverage to get Nord Stream 2 approved. Once that happens, Putin’s energy chess match is over. He will be crowned Energy […]

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