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Home2022August

Month: August 2022

Gasoline
Top News

Prices At The Pump Continue To Plunge, But Stronger Demand Could Halt The Trend

August 6, 2022 Mariel Alumit

The national average for a gallon of gas at the pump in the United States fell to $4.139 on Thursday, the 51st consecutive day the country has seen a price drop for gasoline, according to […]

Norway
International News

Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch

August 6, 2022 Mariel Alumit

Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power shortages and further rises in […]

‘Dirty ol’ coal’ is making a comeback and consumption is expected to return to 2013′s record levels
Coal

The data does not lie: the more renewable energy implemented – the more demand for coal and oil.

August 6, 2022 Stu Turley

Coal prices are soaring and global coal consumption is expected to return to record levels reached almost 10 years ago as the global energy supply crunch continues. While investors in coal stocks are having a […]

Red States Fighting ‘Woke’ Banks That Push Anti-Fossil Fuel Policies
ESG

Red States Fighting ‘Woke’ Banks That Push Anti-Fossil Fuel Policies

August 5, 2022 Stu Turley

Republican states are fighting efforts by certain banks to push environmental, social, and governance (ESG) standards that promote, among other progressive agenda, anti-fossil fuel policies. Over the past year, at least 15 Republican-led states have proposed […]

ENB Podcast

ENB #67 Bobby Tudor with Artemis Energy – We talk his career and industry leadership making a difference with the energy transition

August 5, 2022 Stu Turley

All of my podcasts are fun, and this one is no exception. We had a blast talking with Bobby about his involvement with Tudor, Pickering, Holt & Co., and the finance arm of the shale […]

U.S. Gasoline
Commodities

U.S. Gasoline Demand Falls Below 2020 But There Are Far More Questions Than Answers

August 5, 2022 Mariel Alumit

Summary EIA reported that the U.S. implied gasoline demand on a 4-week basis is now below 2020. This raises far more questions than answers, as all the other empirical data suggests otherwise. While we do […]

Eni
Exports

Eni acquires Tango FLNG to produce and export LNG from Republic of Congo

August 5, 2022 Mariel Alumit

MILAN — Eni has acquired the company Export LNG Ltd., which owns the Tango FLNG liquefaction facility, from Exmar group. The facility will be used by Eni in the Republic of Congo, as part of the activities of the natural […]

Renewables
International News

Who Are the Biggest Producers and Consumers of Renewables?

August 5, 2022 Mariel Alumit

According to BP’s latest annual statistical review of world energy, the biggest producer of renewables in 2021 was China with a renewable energy generation figure of 1,152.5 terawatt hours (TH). The country’s 2021 renewable energy […]

Permian Basin
Crude Oil News

Targa latest US Permian Basin operator to plot new gas processing capacity

August 5, 2022 Mariel Alumit

Midstream operators in the Permian Basin are racing to add natural gas processing capacity to accommodate booming production in the Texas shale patch, with Targa Resources the latest company to announce plans for a new […]

hydropower
International News

Droughts rattle Europe’s hydropower market, intensifying energy crisis

August 5, 2022 Mariel Alumit

Brutally dry conditions in parts of Southern Europe have led to a significant downturn in hydropower generation so far in 2022, exacerbating an already perilous situation in the energy market as the EU grapples with […]

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