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Home2022July

Month: July 2022

Putin Upping the ante - Bloomberg
Crude Oil News

Putin’s New Weapon of Mass Disruption: Kazakh Oil

July 10, 2022 Stu Turley

Russia is threatening to use oil from neighboring Kazakhstan as a weapon against European countries supporting Ukraine. A court order this month to close the export terminal on the Black Sea for a month is a […]

Norway
Crude Oil News

Norway Moves To Boost Natural Gas Production Further

July 10, 2022 Mariel Alumit

Norway approved plans on Friday for three gas field developments that will further increase production from the Norwegian Continental Shelf in the short to medium term. The move comes days after Norway’s authorities approved applications […]

Finance

Gas giant Uniper submits bailout application to German government as Russia squeezes supplies

July 10, 2022 Mariel Alumit

Uniper was the first German energy company to sound the alarm over soaring energy bills due to reduced supplies of Russian gas. It has been in talks with the German government over a possible bailout […]

offshore
Renewables Not Sustainable

Lithuanian oil & LNG company entering offshore wind market

July 10, 2022 Mariel Alumit

Lithuanian operator of oil and liquefied natural gas (LNG) terminals, KN (Klaipėdos Nafta AB), has signed a letter of intent with two companies in the Polish Orlen group, Orlen Neptun I and Energa Wytwarzanie, on […]

Russia
International News

Russia Says It Will Increase Gas To Europe Under One Condition

July 10, 2022 Mariel Alumit

Russia will increase its gas supplies to Europe if a turbine necessary for Nord Stream 1 that is currently undergoing repair in Canada is returned, Reuters reported on Friday. Ukraine urged Canada on Thursday not […]

Biden - hunter and dad
Crude Oil News

Biden administration sold a million barrels of oil from US Strategic Petroleum Reserve to Chinese state-owned firm where Hunter Biden is an investor: Report

July 9, 2022 Stu Turley

The Biden administration in the United States has reportedly sold over a million barrels of oil from the Strategic Petroleum Reserve to a Chinese state-owned company that had received a $1.7 billion investment from BHR Partners, one […]

Gas Turbine for Nordstream 1
International News

Canada to return Nord Stream 1 turbine to Germany in blow to Ukraine

July 9, 2022 Stu Turley

Russia’s Gazprom cut capacity along the Nord Stream 1 pipeline to just 40% of usual levels last month, citing the delayed return of a turbine being serviced by Germany’s Siemens Energy, in Canada. A decision to return […]

FERC
US Energy News

FERC OK of Tennessee Gas plan keeps hands-off approach on certified gas

July 9, 2022 Mariel Alumit

The US Federal Energy Regulatory Commission’s order approving a novel certified gas pooling service proposal pitched by Tennessee Gas Pipeline underscored the commission’s approach of steering clear of sanctioning terms for the emerging market for […]

Rystad Energy - EnergyNewsBeat
Energy Transition

Super-sized offshore wind installations could suffer bottlenecks from 2024 as vessels remain lightweight

July 9, 2022 Stu Turley

Offshore wind turbines are growing in size as technology advances and demand for renewable energy soars but installing them could be a headache for operators as demand will outpace the supply of capable vessels by […]

Offshore

The race to roll out ‘super-sized’ wind turbines is on

July 9, 2022 Stu Turley

In the not too distant future, waters 15 miles off Martha’s Vineyard will be home to a potentially crucial part of America’s energy future: the 800-megawatt Vineyard Wind 1, a project that’s been described as […]

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