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Home2022July

Month: July 2022

No Picture
International News

IEX power trade volume grows 17 pc to 8,267 MU in Jun

July 6, 2022

For the first quarter of fiscal 2023, IEX achieved 23,437 MU volume across all segments, witnessing a 10 per cent year-on-year growth across all its market segments, according to the statement. New Delhi:Indian Energy Exchangehas […]

EPA
Political

EPA now stuck between a rock and a hard place on CO2

July 5, 2022 Mariel Alumit

There are lots of happy reports on the Supreme Court’s ruling throwing out EPA’s so-called Clean Power Plan. Some go so far as to suggest that EPA is barred from regulating power plant CO2 emissions. […]

Saudi Arabia
International News

Saudis Raise Oil Prices to Near Record

July 5, 2022 Mariel Alumit

Saudi Arabia increased next month’s oil prices for its biggest market of Asia amid signs that underlying demand remains robust despite growing recessionary concerns. State producer Saudi Aramco raised its key Arab Light crude grade for Asian […]

Oil prices
Top News

Oil prices plummet below $100 as recession risks gain focus

July 5, 2022 Mariel Alumit

(Bloomberg) — Oil headed for its worst trading day in almost three months as recession fears iced markets, outweighing a fundamentally tight supply market. West Texas Intermediate crude futures dropped as much as 10%, the […]

BLM
US Energy News

BLM Announces Lease Sale Results

July 5, 2022 Mariel Alumit

The U.S. Bureau of Land Management (BLM) has announced oil and gas lease sale results for Wyoming, Colorado, Montana/Dakotas, New Mexico, and Nevada. In the BLM Wyoming State Office, a two-day lease sale offering 122 […]

Russia
Crude Oil News

Russia Producing More Oil Than Prior To The Invasion

July 5, 2022 Mariel Alumit

Friend of Fringe Finance and well known financial news contributor – as well as 38 year veteran of markets Kenny Polcari has been kind enough to share his most recent thoughts on the market with our readers. […]

Rystad Energy - EnergyNewsBeat
ESG

Playing the long game: North American shale operators that prioritize ESG win in the long run

July 5, 2022 Mariel Alumit

Oil and gas companies in the US are striving to find a balance between ongoing environmental, social and governance (ESG) initiatives and a desire to ramp up production as the world battles a sweeping energy […]

Norway
International News

Norway oil and gas output cut due to strike

July 5, 2022 Mariel Alumit

Norway, a leading European supplier of hydrocarbons, is reducing its output of oil and natural gas due to a strike by senior offshore workers, which began on Tuesday. The Norwegian Organization of Managers and Executives (Lederne) […]

Germany
Geopolitical

Germany May Need More Than $15 Billion To Solve Its Gas Crisis

July 5, 2022 Mariel Alumit

Germany may struggle to reach adequate levels of gas storage by winter despite a $15.7 billion credit line. If Germany does not start conserving gas immediately, it could face shortages through autumn, winter, and next […]

Oil from U.S.
Crude Oil News

Oil from U.S. reserves head overseas as gasoline prices stay high

July 5, 2022 Mariel Alumit

HOUSTON, July 5 (Reuters) – More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia […]

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