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Home2022August

Month: August 2022

Bill
Energy Policy

List of Tax Hikes in Democrat Reconciliation Bill

August 16, 2022 Mariel Alumit

$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills        The bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The […]

Shale
Exploration and Production

Why This Oil Price Slump May Not Be Bad News For US Shale

August 16, 2022 Mariel Alumit

Shale stocks aren’t plunging along with crude oil benchmarks Capex and production discipline among U.S. shale producers have kept investors content The effects of this selloff will likely soon disappear as the panic subsides with […]

Russian oil
Crude Oil News

More Russian Oil Offtakers Crop Up in UAE

August 16, 2022 Mariel Alumit

Russian oil companies are relying more heavily on little-known trading firms domiciled in the United Arab Emirates to market their crude, as EU sanctions force traditional players such as Vitol, Trafigura and Glencore out of […]

Iran
Exploration and Production

Gazprom-Iran $40Bn Deal Faces Issues Over Corrosion And Sanctions

August 16, 2022 Mariel Alumit

Iran and Russia face significant challenges in their attempt to jointly develop offshore Iranian gas fields as sanctions against the two countries are likely to pose supply problems, according to Rystad Energy’s research. Rystad Energy […]

Germany’s
Crude Oil News

German Refinery Reliant on Russia Now Using USA Oil

August 16, 2022 Mariel Alumit

Germany’s Schwedt oil refinery has started processing US crude blended with Russian Urals, according to a person familiar with the matter. US crude brought in from Rostock on Germany’s Baltic coast currently accounts for about […]

Europe
Climate Crisis

The drought in Europe is unveiling cautionary ‘Hunger Stones’ — “when you see me, weep”

August 16, 2022 Mariel Alumit

You know things aren’t exactly going great when you uncover some centuries-old warnings. Hunger stones are a type of hydrological landmark relatively common across Central Europe, though you could also think about them as famine […]

Finance

Boxabl Pre-Fab Housing Gets $19 Million Funding On StartEngine The Daily Financial Trends

August 16, 2022 Mariel Alumit

Boxabl, the pre-fab housing company Elon Musk made famous, has just raised $19 million in crowd-funding to build the world’s largest pre-fab home manufacturing center. Boxabl first gained fame when Tesla COE Elon Musk swore […]

Saudi Aramco
Exploration and Production

Saudi Aramco’s Profits Soar Amid High Oil Prices & Demand

August 16, 2022 Mariel Alumit

Saudi Aramco, one of the world’s biggest oil producers, is yet another oil giant to see its profits soar this year due to high energy prices. The company announced on Sunday that its net income had jumped […]

Finance

Stocks Slide In Asia The Daily Financial Trends

August 16, 2022 Mariel Alumit

Stocks stalled in Asia as global markets were permeated with fears of a global economic slump, commodity prices slid downward and the dollar was bolstered. Meanwhile, Japan shares dipped, as South Korea and Australia picked […]

Finance

Musk Only Granted One Witness From Twitter, But It Is A Fired Employee The Daily Financial Trends

August 16, 2022 Mariel Alumit

A Delaware court has ordered Twitter to relinquish to Elon Musk records from its former consumer product head related to the spam and bot accounts which the billionaire has cited, in seeking to nullify his […]

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