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Home2022July

Month: July 2022

The Worst Stock Selloff In Half a Century Might Not Be Done Yet
ENB Pub Note

The Worst Stock Selloff In Half a Century Might Not Be Done Yet – Exacerbated By The Energy Crisis

July 3, 2022 Stu Turley

ENB Publishers Note: The Energy Crisis is one key component that has not been as big of a factor in past recessions. So as we look for Wall Street to determine if we are in […]

India imposes windfall tx on oil producers
Crude Oil News

India imposes windfall tax on oil producers, fuel exporters

July 2, 2022 Stu Turley

India has imposed windfall tax on oil producers and refiners who have boosted product exports to gain from higher overseas margins as the government seeks to increase local supply of fuels to meet rising demand […]

Whiting and Oasis
US Energy News

Whiting and Oasis Complete Combination, Establishing Chord Energy

July 2, 2022 Mariel Alumit

HOUSTON, July 1, 2022 /PRNewswire/ — Chord Energy Corporation (NASDAQ: CHRD) (“Chord” or the “Company”) today announced the successful completion of the combination of Whiting Petroleum Corporation (“Whiting”) and Oasis Petroleum Inc. (“Oasis”), creating a scaled unconventional […]

How Russia's war blindsided the world of ESG investing
ESG

How Russia’s war blindsided the world of ESG investing

July 2, 2022 Stu Turley

Russia’s invasion of Ukraine has exposed a gap in socially-minded investing – a hands-off approach to geopolitics and human rights. Before Moscow sent troops into Ukraine on Feb. 24, Sberbank (SBER.MM), a Kremlin-backed bank already the […]

Ukraine Latest: Oil Price Warning; Russia Trims Italy Gas Flow
Geopolitical

Ukraine Latest: Oil Price Warning; Russia Trims Italy Gas Flow – $380 oil warns JPMorgan

July 2, 2022 Stu Turley

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase analysts warned. Russia has reduced gas exports to Italy by 15% […]

The Great European Energy Market Bailout Is Only Getting Started
Electrical Generation / Utilities

The Great European Energy Market Bailout Is Only Getting Started

July 2, 2022 Stu Turley

Three decades ago, Europe decided to open up its energy markets to foster competition, a move meant to bring lower prices for consumers across the continent. Fast forward to 2022, and bills have ballooned while […]

Permian Highway Pipeline will move forward with brownfield expansion
Pipeline

Permian Highway Pipeline will move forward with brownfield expansion

July 2, 2022 Stu Turley

Permian Highway Pipeline reached a final investment decision to move forward with a proposed expansion project, Kinder Morgan said June 29, part of a wave of new takeaway capacity projects set to clear the way […]

Venezuela’s
Crude Oil News

Oil production increase leads Venezuela’s economy to see most growth in 15 years

July 1, 2022 Mariel Alumit

(Bloomberg) — Venezuela’s economy is forecast to expand at its fastest pace in 15 years, marking a rebound for a country that recently emerged from the deepest recession in Latin America. Gross domestic product is […]

No Picture
International News

Indian EV makers hail industry-wide GST rate cut

July 1, 2022

Akshit Bansal, CEO of electric vehicle (EV) charging network provider Statiq, said that the government has declared a clear intention to boost domestic EV adoption and usage by making the industry eligible for a concessional […]

Mircosoft
Renewables Not Sustainable

Microsoft looks to diversify carbon portfolio with mineral-based removal credits

July 1, 2022 Mariel Alumit

Microsoft, one of the world’s largest investors in tech carbon removal technology, is looking to diversify its carbon credits portfolio with mineral-based removal credits, said Lucas Joppa, the company’s chief environmental officer. Joppa, who was […]

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