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Home2022

Year: 2022

ESG Earnings Energy news Beat
ESG

ESG builds momentum in 2021, despite clean energy funds struggling

January 9, 2022 Mariel Alumit

Investment into ethical focused funds continued to demand a bigger portion of the investment world in 2021, but not without some struggles as clean energy funds lagged in a more pro-value environment. Looking at the […]

Canada Still Sees Future As Oil Exporter Despite Climate Ambitions - ENB
Crude Oil News

Canada Still Sees Future As Oil Exporter Despite Climate Ambitions

January 9, 2022 Mariel Alumit

Canada has one of the most ambitious climate commitments in the world. It is also the world’s fourth-largest oil producer, with oil revenues accounting for 5 percent of GDP. It is not an easy situation […]

What's Behind The Green Energy Hullaballoo In Europe - ENB
Climate Crisis

What’s Behind The Green Energy Hullaballoo In Europe

January 9, 2022 Mariel Alumit

What exactly is green? Governments around the globe are now considering the importance of defining energy terminology in the transition to “green” in order to create clear effective strategies. However, controversy has been sparked over the […]

A hydrogen airship sounds antiquated – and dangerous – to many, but not to H2 Clipper.
ENB Pub Note

Hydrogen airship vehicles may be used for green H2 transportation

January 9, 2022 Mariel Alumit

ENB Publishers Note: Been there and it was not so good. Hopefully, new technology will help stop another Hindenburg. This looks interesting, but remember, Spock said “Interesting” right before the Enterprize blew up.  The start-up […]

Energy Transition Is Upside Risk to ECB Forecasts, Schnabel Says
Climate Crisis

Energy Transition Is Upside Risk to ECB Forecasts, Schnabel Says

January 9, 2022 Mariel Alumit

2024 inflation to hit 2% if energy stays at Nov. 2021 level Schnabel speaks at American Economic Association meeting The European Central Bank’s inflation forecasts may need to be revised upward because of the continent’s […]

Mexico Cuts Pemex Debt Burden by $3.2 Billion - ENB
Exploration and Production

Mexico Cuts Pemex Debt Burden by $3.2 Billion

January 9, 2022 Mariel Alumit

President Lopez Obrador had announced the aid in December The government refinanced short-term debt with a new 10-year bond The operation will reduce the “financial pressure” on Pemex by $10.5 billion between 2024 and 2030, […]

U.S. Ramps Up Battery Production With 13 New Gigafactories - ENB
Electric Vehicles

U.S. Ramps Up Battery Production With 13 New Gigafactories

January 8, 2022 Mariel Alumit

3 new battery cell gigafactories are expected to come online in the U.S. by 2025. The next decade will be defined by a massive increase in utility-scale storage GM, Ford, Tesla, SK Innovations and LG […]

Political

Biden’s ‘Build Back Better’ will raise energy prices

January 8, 2022 Mariel Alumit

Attempts to justify the high costs of President Biden’s Build Back Better plan have engendered a string of creative economic arguments advocating for so-called investments by the government to drive a transition to renewable energy. “The […]

ADNOC - Energy News Beat
Crude Oil News

ADNOC invests $1billion in 60-year-old Umm Shaif oil field

January 8, 2022 Mariel Alumit

ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago. The first oil field to be discovered in waters off Abu Dhabi, […]

China Three Gorges starts work on 1.7 GW pumped storage station - ENB
Electrical Generation / Utilities

China Three Gorges starts work on 1.7 GW pumped storage station

January 8, 2022 Mariel Alumit

China Three Gorges (CTG) said it has begun construction of the 1.7 GW Tiantai pumped storage power station in Zhajiang Province. The station, located in Tiantai County, is a major project of the Medium and […]

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