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Home2022August

Month: August 2022

No Picture
International News

Current discom dues drop 80 per cent day after exchange ban

August 20, 2022

Restrictions on Karnataka and Telengana were removed just before midnight. Five states, including Madhya Pradesh, Jammu & Kashmir and Rajasthan, remained suspended from trading on power exchanges till press time on Friday. The current dues […]

No Picture
International News

Adani Power to buy DB Power for $879 million

August 20, 2022

DB Power owns and operates a thermal power plant in the state of Chhattisgarh and the deal will help Adani expand its operations in the state. BENGALURU: AdaniPowerLtd said on Friday it will buy thermal […]

No Picture
International News

ONGC, IRCTC among 21 PSEs running without full-time heads

August 20, 2022

According to sources in the Department of Public Enterprises, the country’s biggest oil refining company ONGC is without a Chairman and Managing Director (CMD) since April 1, 2021 i.e. 16 months, while its subsidiary OIL […]

US
Crypto

US House lawmakers seek info on energy impacts of cryptocurrency mining

August 19, 2022 Clark Savage

Leaders of a powerful US congressional committee asked the heads of four large cryptocurrency mining companies to share data on their energy usage and what resources meet their electricity demand amid concerns that the energy-intensive […]

Thorium
International News

Nuclear energy expert sees thorium as perhaps most viable maritime future fuel

August 19, 2022 Clark Savage

In the maritime industry’s quest for zero-emissions solutions, it’s often stated there’s no silver bullet. But proponents of thorium believe it is just that. Thorium has been identified as having huge potential as a clean […]

Russian
Finance

Russian energy export earnings grow 38% this year

August 19, 2022 Clark Savage

With the rise in oil exports and fuel prices, Russia’s earnings increased to $337.5bn this year, a 38% increase from 2021, according to an economy ministry document seen by Reuters. If the revenue materialises, it will […]

No Picture
International News

Govt issues updated list of approved solar modules, manufacturers

August 19, 2022

According to the detailed list shared by the ministry as on 18 August 2022, there are now 66 module manufacturers enlisted under ALMM New Delhi: The ministry of new andrenewableenergy (MNRE) has issued an updated […]

Germans
International News

Seven out of 10 Germans using less energy due to soaring prices -survey

August 19, 2022 Clark Savage

BERLIN, Aug 18 (Reuters) – Seven out of 10 Germans are using less energy due to decades-high inflation in Europe’s largest economy while half are spending less on leisure activities, according to a new survey. […]

Iranian
Crude Oil News

Iranian Tanker Reloading Oil in Greece that was Confiscated by US

August 19, 2022 Clark Savage

An Iranian-flagged tanker is reloading oil that was confiscated by the United States earlier this year after Greek authorities approved the release of the cargo, sources familiar with the matter said on Friday. The case […]

Inflation Reduction Act
Political

What the Inflation Reduction Act Hopes to Do About Climate Change

August 19, 2022 Clark Savage

President Joe Biden this week signed into law ambitious new legislation that aims to address human-caused climate change over the next decade. The Inflation Reduction Act, which passed in the House and the Senate along party lines earlier this month, also addresses inflation, […]

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