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Home2022August

Month: August 2022

California leads the United States
EIA News

Energy production declined by record amounts in several states in 2020

August 11, 2022 Mariel Alumit

In 2020, energy production in the United States fell by record amounts compared with 2019, mostly as a result of decreased economic activity during the COVID-19 pandemic. Wyoming had the largest drop in total energy […]

Russia's Gazprom
EIA News

Russia’s natural gas pipeline exports to Europe decline to almost 40-year lows

August 11, 2022 Mariel Alumit

Russia’s natural gas exports by pipeline to the European Union (EU) and the United Kingdom (UK) declined by almost 40% during the first seven months of 2022 compared with the same period in 2021 and […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA’s Weekly Petroleum Status Report provides a snapshot of petroleum balances

August 11, 2022 Mariel Alumit

EIA’s Weekly Petroleum Status Report (WPSR) provides our most comprehensive data for weekly U.S. crude oil and refined petroleum product balances. Each week, WPSR provides detailed regional and national supply information on crude oil and […]

California leads the United States
EIA News

Utility-scale solar projects report delays

August 11, 2022 Mariel Alumit

Power plant developers plan to install 17.8 gigawatts (GW) of utility-scale solar photovoltaic (PV) generating capacity in 2022, according to our June 2022 Preliminary Monthly Electric Generator Inventory. Over the first six months of 2022, […]

IEA - EnergyNewsBeat.com
Crude Oil News

IEA Oil Market Report – August 2022 – Raising oil demand

August 11, 2022 Stu Turley

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, […]

Arjun Murti, Industry Leader, Publisher of "Super-Spiked, Board Member
ENB Contributor Column

Exclusive: We talk with Arjun Murti, Industry Leader, Publisher of “Super-Spiked, Board Member and believes “Energy For All” is a way of life.

August 11, 2022 Stu Turley

I had been following Arjun and enjoyed his views and industry leadership. And when he agreed to stop by the podcast it was cool. Not just cool, but way cool. It was an absolutely great […]

Exxon
Exploration and Production

Exxon Eyes Global Trading Expansion

August 11, 2022 Mariel Alumit

Exxon Mobil Corp. is considering expanding its trading operations globally as historic oil-market volatility contributes to record profits for commodity shops. The oil major has stepped up efforts to increase derivatives trading after several departures […]

Centrica
Finance

Centrica signs $8.5B LNG deal with U.S. supplier

August 11, 2022 Mariel Alumit

(Reuters) Centrica Plc has signed a $8.47 billion agreement with U.S. based Delfin Midstream Inc to buy liquefied natural gas (LNG) from 2026, Britain’s largest energy supplier said. Countries across Europe are seeking to diversify their […]

IEA
Crude Oil News

IEA raises 2022 oil demand growth estimate by 380,000 b/d on power burn, gas-to-oil switching

August 11, 2022 Mariel Alumit

The International Energy Agency on Aug. 11 hiked its 2022 oil demand growth estimate by 380,000 b/d to 2.1 million b/d, citing “soaring” oil use in power generation and gas-to-oil switching in industry prompted by […]

European
International News

‘Not enough’ gas for European winter drives front season contract prices higher

August 11, 2022 Mariel Alumit

Europe could run short of natural gas this winter, market sources have told S&P Global Commodity Insights, as winter 2022 wholesale contracts extended record highs Aug. 11. While debate remains about whether or not the […]

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