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Home2022September

Month: September 2022

U.S.
Crude Oil News

US energy industry needs ‘backup,’ can’t run on ‘just wind and solar’: Former BP Chief Scientist Steve Koonin

September 26, 2022 Mariel Alumit

Watch the latest video at foxbusiness.com As the renewable energy debate and how much to invest in it rages on in Washington, former BP chief scientist and U.S. Department of Energy Secretary of Science under […]

Oil prices
Crude Oil News

Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says

September 26, 2022 Mariel Alumit

Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by about 1.5 million a barrels in the last […]

US Gulf
Finance

US Gulf operator Talos Energy to acquire EnVen Energy; provides scale, more infrastructure, overlapping acreage

September 26, 2022 Mariel Alumit

Small US Gulf of Mexico operator Talos Energy has inked definitive agreements to acquire small privately held EnVen Energy for $1.1 billion, a transaction that bulks the acquiring company in that operating arena and improves […]

Ukraine War
Finance

Ukraine War Weighs Down European Economies

September 26, 2022 Mariel Alumit

Europe is bearing the brunt of the economic war raging between Russia and the West. On the whole, European economies grew in the second quarter of the year, driven by household consumption and government spending. […]

Energy
Industry Insights

Weekly Climate and Energy News Roundup #521

September 26, 2022 Mariel Alumit

​ The Week That Was: 2022-09-24 (September 24, 2022)Brought to You by SEPP (www.SEPP.org)The Science and Environmental Policy Project Quote of the Week: “All are sure in their days except the most wise … He […]

Climate Change
Climate Crisis

What Many Progressives Misunderstand About Fighting Climate Change

September 26, 2022 Mariel Alumit

Since the 1960s, fighting for the environment has frequently meant fighting against corporations. To curb pollution, activists have worked to thwart new oil drilling, coal-fired power plants, fracking for natural gas, and fuel pipelines. But today, Americans […]

ExxonMobil
Carbon Capture

Exxon’s Long-Shot Embrace of Carbon Capture in the Houston Area Just Got Massive Support from Congress

September 26, 2022 Mariel Alumit

Imagine a clean energy future, and you might picture giant turbines twisting in the wind, or electric vehicles zipping quietly down the highway. Fossil fuels become relics, or disappear altogether. ExxonMobil has a different vision. […]

Nuclear
Climate Crisis

Nuclear Resurgent Or Is It? GE Hitachi Nuclear Might Work

September 26, 2022 Mariel Alumit

Summary News is full of nuclear resurgence, be it in the UK, France, South Korea, Belgium, Germany, and of course China, but what is the reality? The global nuclear fleet is aging and some countries […]

Oil
ESG

Demand for Oil Will Stay High. What’s an ESG Investor to Do?

September 26, 2022 Mariel Alumit

Oil prices are back down after the war in Ukraine drove record high prices at the pump earlier this year—but oil will still be in demand for a long time as the world grows and […]

Student Loan Forgiveness Plan
Finance

Student Loan Forgiveness Plan And Inflation Reduction Act: Are These New Policies Inflationary Or Deflationary?

September 26, 2022 Mariel Alumit

Summary In the United States, many are questioning whether student loan forgiveness will make inflation worse, and if the recently passed “Inflation Reduction Act” will offer relief. US President Joe Biden’s student loan forgiveness plan […]

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