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Home2022August

Month: August 2022

Stocks - NYSE - ENB
Finance

JP Morgan Analyst Lists 10 Reasons To Be Bullish, But Others Disagree

August 10, 2022 Stu Turley

Despite persistent inflation, fears of recession, weak second quarter earnings, and a persistent bear market,  JP Morgan strategist Mislav Matejka remains bullish on stocks. Matejka said in a note, “We believe that risk reward for […]

Iran
Finance

Oil Declines As Traders Consider Iranian Oil Sales After Nuclear Deal

August 10, 2022 Stu Turley

Oil prices declined as investors  considered the progress in last-ditch talks reviving the 2015 Iran nuclear deal, which would allow Iranian crude exports to flow into the tight Western markets. West Texas Intermediate fell 0.36% […]

No Picture
International News

Assam looks to generate 2,000 MW solar power at investment of Rs 10,000 crore

August 10, 2022

This ambitious plan will be implemented riding on the back of two projects — one by forming a joint venture with central PSU NLC India and another by taking a loan from the Asian Development […]

International News

GAIL to double share capital; add specialty chemicals, clean energy to business

August 10, 2022 Stu Turley

The firm is laying natural gas truck pipelines to create a national gas grid as well as expand city gas distribution as part of the government’s target of more than doubling the share of natural […]

International News

IOC to transport fuel to Tripura via Bangladesh

August 10, 2022 Stu Turley

“IOC has already signed an agreement with the Bangladeshi authorities in Dhaka on August 3. We have sought visas for the drivers and their assistants to drive the tankers through the neighbouring country,” a senior […]

Devon
M & A

Devon Energy to buy Eagle Ford basin operator Validus for $1.8 billion

August 9, 2022 Mariel Alumit

Aug 9 (Reuters) – Shale producer Devon Energy (DVN.N) said on Tuesday it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash. The deal comes at a time when oil producers are […]

Matt Welch ENB Podcast Promo
ENB Contributor Column

ENB #68 Matt Welch with the Texas Geothermal Energy Alliance – Exciting energy production using abandoned and orphaned oil wells

August 9, 2022 Stu Turley

Matt is the State Director for the Texas Geothermal Energy Alliance, and we talk about an exciting project to make energy affordable to all, and ESG friendly. All that and using orphaned wells as the […]

tax and energy
Energy Policy

Oil companies, renewable energy among winners of Democrats’ tax and energy bill

August 9, 2022 Mariel Alumit

(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. The tax and energy bill passed Sunday […]

Offshore
Crude Oil News

Offshore Drilling Is Coming Back With A Bang

August 9, 2022 Mariel Alumit

It looks like the offshore oil and gas drilling market is in the early innings of an upcycle in investment and activity. Both Schlumberger and Transocean believe that the upcoming cycle will outpace the 2016-2019 […]

No Picture
International News

China’s suspension of dialogue with US may further delay climate agenda

August 9, 2022 Mariel Alumit

China’s suspension of climate dialogue with the US has raised concerns that progress on some issues could be delayed, such as the implementation of a global cross-border emissions trading mechanism and bilateral collaboration in key […]

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