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Home2022August

Month: August 2022

Finance

Inflation Reduction Act Passes House The Daily Financial Trends

August 13, 2022 Stu Turley

The House of Representatives passed the Inflation Reduction Act Friday, by a vote of 220 to 207. The bill will now head to the White House to be signed and become law. The bill will […]

ET Renewable

India’s annual green finance is just one-fourth of its needs, finds study

August 13, 2022 Stu Turley

The report estimates that for India to achieve its Nationally Determined Contributions (NDCs) under the Paris agreement, the country requires approximately Rs 162.5 lakh crore (USD 2.5 trillion) from 2015 to 2030 or roughly Rs […]

Russia's
International News

Russia’s Great Gas Rearrangement

August 12, 2022 Mariel Alumit

Boosting domestic consumption and diversifying exports underpin Moscow’s new energy strategy as the EU seeks to phase out Russian gas imports by 2027. Both will require major investments, and domestic sales will bring lower returns […]

shale
Exploration and Production

Substantial shale profits free up more cash to reward investors

August 12, 2022 Mariel Alumit

(Bloomberg) — Shale drillers saw their debt burden fall further in the second quarter, signaling extra room for them to pay dividends, buy back shares or make acquisitions. A metric commonly used to measure companies’ […]

Oil Exports
Crude Oil News

How Fast Could Iran Boost Oil Exports?

August 12, 2022 Mariel Alumit

Crude market players are zeroing in on Iran’s ability to increase oil exports, driven by whisperings of progress in talks to revive the 2015 nuclear agreement. Leaders in Tehran and Washington are scrutinizing the text […]

Inflation Reduction bill
Finance

LET’S TALK ABOUT THE “INFLATION REDUCTION BILL.”

August 12, 2022 Mariel Alumit

While writing this article regarding the Inflation Reduction bill, I was faced with the dilemma of which side is actually correct. News channels seem to flip flop on their beliefs, making it ever harder to […]

Scotland
Climate Crisis

Scotland cut down 14 million trees to make way for wind turbines – Updated Opinions and Best of 2022

August 12, 2022 Mariel Alumit

ENB Publishers Note: Let’s use all forms of energy to deliver low-cost sustainable power to all citizens of the world with the least impact on the environment. That entails facts, discussions, and not using any […]

Goldman
Commodities

Goldman Sees USA Gasoline Prices Climbing Back to $5

August 12, 2022 Mariel Alumit

Gasoline and oil prices should bounce back through the end of the year as the market still needs to balance rising demand and tight supplies, according to Goldman Sachs Group Inc. Brent oil futures could […]

International News

SC issues notices to Centre, ONGC on appeal of Vedanta Ltd relating to Barmer oil field

August 12, 2022 Stu Turley

Vedanta Ltd has moved the top court against the March 26 judgement of a division bench of the Delhi High Court setting aside a single judge order directing the Centre to extend till 2030 its […]

International News

Government rolls back mandatory coal import order for power plants

August 12, 2022 Stu Turley

The withdrawal of the mandatory blending order indicates adequate stocks at power plants before the annual rise in coal demand post-monsoon when electricity demand picks up. Data showed 31 million tonnes of coal stock, including […]

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