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Home2022

Year: 2022

Australia Backs Its Rare Earths Industry To Counter Chinese Dominance
Rare Earth Minerals

Australia Backs Its Rare Earths Industry To Counter Chinese Dominance

March 16, 2022 Mariel Alumit

Australia unveiled on Wednesday a new support scheme for its domestic rare earths mining and supply chain industry as the U.S. ally looks to reduce global dependence on China for the minerals critical to technology […]

No Picture
International News

JSW Energy completes business reorganisation with focus on renewable energy

March 16, 2022

JSW Renew Energy (Kar) Ltd, JSW Renewable Energy (Dolvi) Ltd, JSW Energy (Kutehr) Ltd and JSW Hydro Energy Ltd have now become wholly-owned subsidiaries of JSWNEL. New Delhi:JSW Energyannounced it has completed a series of […]

EIA expects crude oil prices higher than $100 per barrel in coming months
EIA News

EIA expects crude oil prices higher than $100 per barrel in coming months

March 16, 2022

On February 24, 2022, Russia initiated a further invasion of Ukraine that contributed to the recent sharp increase in the Brent and West Texas Intermediate (WTI) crude oil prices. This sharp rise in crude oil […]

No Picture
EIA News

EIA expects crude oil prices higher than $100 per barrel in coming months

March 16, 2022

March 16, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, March 2022 On February 24, 2022, Russia initiated a further invasion of Ukraine that contributed to the recent sharp increase in […]

No Picture
International News

Can’t renegotiate PPAs; clear RE dues in 6 weeks: AP HC on PPA reneging matter

March 16, 2022

The order settles a crucial two-year old matter that created news within the country and international investment community. Andhra Pradesh’s attempt to renegotiate Power Purchase Agreements (PPAs), first in India, has been followed by other […]

Russia President Vladimir Putin and CEO of Russian natural gas giant Gazprom - Alexei Miller -
Crude Oil News

Gazprom Deliveries To Europe Plunge 28.5% This Year

March 15, 2022 Andy Del Prado

Gazprom has reduced its natural gas exports to countries outside the former Soviet Union by 28.5 percent so far this year, Russia’s state gas giant said on Tuesday. Gazprom’s natural gas exports to Europe and […]

Port Harcourt Refinery - Energy News Beat
Top News

Oil Prices Slip On Surprise Crude Inventory Build

March 15, 2022 Andy Del Prado

The American Petroleum Institute (API) estimated that there was a surprise build this week for crude oil of 3.754 million barrels, compared to analyst predictions of a 1.867 million barrels draw. U.S. crude inventories have shed some […]

International News

The World Is Facing A Critical Diesel Shortage

March 15, 2022 Andy Del Prado

A crude oil shortage is invariably bad news for those that consume oil products. But when it comes to these products, a diesel shortage has the potential to be even more devastating than a crude […]

Solar and Wind - Getty - ENB
Renewables Not Sustainable

War In Ukraine May Boost Renewables Investment

March 15, 2022 Andy Del Prado

The Russian war in Ukraine exposed Europe’s high energy dependence on Russian oil and gas and made Western governments rethink their energy policy strategies. Some, like the United States and the United Kingdom, which can […]

Finance

Oil and Gas Share Buybacks Boomed Before Energy Prices Hit Highs

March 15, 2022 Andy Del Prado

Oil and gas producers drove a surge in share buybacks in the fourth quarter, before energy prices hit their highest in over a decade this year, according to data from S&P Dow Jones Indices. The […]

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