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Home2022August

Month: August 2022

Port of Los Angeles
US Energy News

Port of Los Angeles marks best July on record, anticipate cargo downturn from August

August 18, 2022 Mariel Alumit

The Port of Los Angeles said today it handled an estimated 935,345 TEU in July, 2.5% above the previous record set in 2019, while expectations for softer August throughput prevailed amid retailer order slowdowns and […]

Russia
International News

Russia’s seaborne oil exports rise in August as sanctions impact remains muted

August 18, 2022 Mariel Alumit

Russia’s seaborne exports of crude and oil products continued to elude the thrust of Western sanctions during the first half of August exceeding 6 million b/d for the first time since hitting a post-pandemic high […]

Barrel Oil
US Energy News

Report Confirms Near Billion Barrel Oil Find

August 18, 2022 Mariel Alumit

Canadian Overseas Petroleum Limited (COPL) has revealed that it has received an independent resource report confirming its deep oil discovery on its affiliate COPL America Inc’s lands in Converse and Natrona counties in Wyoming. According […]

Phillips 66
Finance

Phillips 66 offers to buy DCP Midstream

August 18, 2022 Mariel Alumit

U.S. refiner Phillips 66 offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip’s natural gas liquids business. A deal would […]

No Picture
International News

Renewable Energy India: REC showcases its new Alpha Pure-R solar panel

August 18, 2022

REC is exhibiting its new Alpha Pure-R solar panel, just one year after launching the 2022 Intersolar Award winner, REC Alpha Pure. Demonstrating its commitment to supply its many customers with innovative solar products, REC […]

No Picture
International News

ONGC signs deal with ExxonMobil for deepsea exploration in India

August 18, 2022

“Collaboration between ONGC and ExxonMobil will be a strategic fit where ONGC’s knowledge and past experience in these areas will be coupled with ExxonMobil’s global insights,” the release said. New Delhi: State-ownedOil and Natural Gas […]

Energy Policy

The Inflation Reduction Act Boosts EPA Funding To Enforce Climate-Related ESG Disclosure – adding more costs to energy

August 17, 2022 Stu Turley

The Inflation Reduction Act of 2022 On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA). The IRA reconciliation package includes $369 billion in funding and subsidies to support the transition […]

Inflation Reduction Act prompts Turkish company to increase US gigafactory output to 3GWh
Energy Transition

Turkey company increasing gigafactory output to bid on the U.S. Inflation Reduction Act subsidies

August 17, 2022 Stu Turley

Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA), which Joe Biden signed into law yesterday. The company announced plans […]

PG&E To Submit Application For Federal Funds to Keep the Diablo Canyon Nuclear Plant Operating Past 2025
Climate Crisis

Newsom gets it right on Diablo Canyon – finally one good decision.

August 17, 2022 Stu Turley

ENB Publishers Note: This is one of the first good energy policies that I have heard out of California. I had to re-read, print, and have it read to me just so I could believe […]

Phillips 66 offers to buy pipeline operator DCP Midstream
M & A

Phillips 66 offers to buy pipeline operator DCP Midstream

August 17, 2022 Stu Turley

HOUSTON, Aug 17 (Reuters) – U.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public shares of gas and natural gas liquids pipeline operator   DCP Midstream (DCP.N) in a $7.2 billion deal.   Canadian pipeline […]

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