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Home2022August

Month: August 2022

No Picture
Industry Insights

Ampol CEO: EV Prices Need to Halve to Interest Consumers

August 23, 2022

​ Essay by Eric Worrall According to Aussie Ampol Chief Executive Matt Halliday, whose company is investing heavily in a charging network, Electric Vehicles are currently too expensive to replace Fossil Fuel powered vehicles as […]

No Picture
International News

ONGC, Indian Oil to make joint bid for JBF Petrochemicals

August 23, 2022

“ONGC has entered into a consortium with Indian Oil for the purpose indicated in your trailing email and is likely to submit a financial bid shortly,” an ONGC spokesperson said in an email reply. JBF […]

Virginia
Industry Insights

WSJ: Virginia Raises Electricity Bills to Pay for Offshore Wind

August 23, 2022 Mariel Alumit

​ Essay by Eric Worrall h/t M; While the Virginia SCC is “keenly aware of the ongoing rise in gas prices, inflation, and other economic pressures”, they have to obey the legislature. The Spinning of […]

Industry Insights

Ocean Acidification Cut Down to Size

August 22, 2022 Mariel Alumit

​From MasterResource By Craig D. Idso — August 22, 2022 “Ocean acidification and warming concerns, however, are vastly overstated and generally far out of touch with reality. In almost every instance, the predicted degree of harm is […]

Gazprom to Suspend Nord Stream Gas Supplies - Are you suprised?
Energy Crisis

Gazprom to Suspend Nord Stream Gas Supplies – Are you suprised?

August 22, 2022 Mariel Alumit

Gazprom revealed on Twitter that gas supplies via the Nord Stream pipeline will be suspended from August 31 to September 2 for maintenance works. “On August 31, 2022, the only gas compressor unit that is […]

Invest
Industry Insights

Another Bad Day at Black Rock

August 22, 2022 Mariel Alumit

​ Clarice Feldman writes in THE PIPELINE Imagine if you had billions of dollars of other peoples’ money at your disposal to invest and instead of investing it prudently to provide the maximum safest returns […]

Climate
Climate Crisis

Corruption of Climate Science Supported by Flawed Models

August 22, 2022 Mariel Alumit

By Gregory Wrightstone Imagine the theory of gravity being determined by a partisan vote. Or a group of politicians ruling on interpretations of the laws of modern physics. Bizarre as those propositions sound, that is […]

Berkshire
Finance

Berkshire Cleared To Purchase Up To 50% Common OXY Stock

August 22, 2022 Mariel Alumit

US Regulators approved on Friday Berkshire Hathaway to purchase up to 50% of the common stock in Occidental Petroleum Corporation (NYSE: OXY). The regulatory filing submitted by FERC on Friday shows that Berkshire Hathaway (BHE) […]

Rhine
Crude Oil News

Rhine Seen Surging to More Navigable Level

August 22, 2022 Mariel Alumit

The water level at a key German chokepoint on the Rhine River is forecast to surge early next week, making it significantly easier for barges carrying vital cargoes to traverse the waterway. The marker at […]

Australian bank
Energy Policy

Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake

August 22, 2022 Mariel Alumit

While there will be no more loans for new combustion engine vehicles — including hybrids — from 2025, Bank Australia will continue to provide them for used ones. Australian government says it’s “significantly behind the […]

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