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Home2023June

Month: June 2023

Ireland
Electrical Generation / Utilities

Ireland now has 3rd highest electricity prices in EU – after 41% hike

June 16, 2023 Mariel Alumit

Ireland has the 3rd highest electricity prices in the EU as energy costs across Europe soared during 2022 including Ireland where they rose by 41% – almost twice the EU average. Updated figures published by the […]

Renewables
Electrical Generation / Utilities

Duke Energy Sells Commercial Renewables for $2.8 Billion

June 16, 2023 Mariel Alumit

North Carolina-based energy holding company, Duke Energy has reached an agreement to sell its unregulated utility-scale commercial renewables business to Brookfield Renewable, owners and operators of renewable power and climate transition assets, at an enterprise value of approximately […]

Energy
Investments

Making a Conservative Case for Clean Energy Investment

June 16, 2023 Mariel Alumit

Increasing global market demand for cleaner energy and reduced carbon emissions presents our country with a once-in-a-generation chance to lead the next energy revolution. Leading in energy innovation is both good for our economy and […]

Carbon Capture

Biden’s Energy Grid Not Prepared for the Onslaught of Electric Vehicles

June 16, 2023 Mariel Alumit

IER As with other issues with the Biden energy transition, his administration is pushing ahead despite the electric grid not being ready for the onslaught of electric vehicle charging stations and the intermittency of solar and wind […]

Oilfield
Exploration and Production

Patterson-UTI Energy and NexTier Oilfield Solutions to combine in merger of equals, creating industry leading drilling and completions services provider

June 16, 2023 Mariel Alumit

Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4 Billion Total Enterprise Value Drives Improved Free Cash Flow Generation and Strong Balance Sheet to […]

Shell
Climate Crisis

Shell Challenged on Net Zero After Fossil-Fuel Investment Boost

June 16, 2023 Mariel Alumit

Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how it thinks it can still reach net zero emissions by 2050 while ratcheting up investments in fossil […]

Russia
Crude Oil News

Russia Nears Deals to Sell Gusher of Oil

June 16, 2023 Mariel Alumit

Russia’s state energy giant is close to striking long-term deals to sell substantial supplies of oil, a sign that Moscow can continue to count on petroleum exports to fund its war on Ukraine. Rosneft Oil is […]

ENB Podcast Promo Jon Grimmer
Climate Crisis

ENB #119 Jon Grimmer, President of Verde CO2, stops by and we cover Carbon Credits, Regulations and the path to Net Zero.

June 16, 2023 Mariel Alumit

This is an outstandingly fun podcast with Jon Grimmer of Verde CO2; he is a true industry thought leader. Whether you believe in (or not) carbon capture, net zero, or climate change, you need to […]

Ireland is the 13th most attractive country to invest in renewables-but the 3rd highest electrcity to consumers in EU
ENB Pub Note

Ireland ranked 13th in renewable attractiveness – and the 3rd highest electricity in the EU to consumers

June 16, 2023 Mariel Alumit

ENB Pub Note: While it is wonderful for Ireland to be in the top destinations for renewable investments, its consumers are paying the bill. Ireland ranks as the third highest electricity for consumers in the […]

ENB Daily Standup

Daily Energy Standup Episode #146 – A Weekly Recap – Tesla’s Quest for World Domination: Oil Pipeline Acquisition, Stock Market Rally, and Fast-Track Projects in Texas

June 16, 2023 Andy Del Prado

Daily Standup Weekly Top Stories More Oil, Fewer U.S. Rigs: Hey Saudis, Something to See Here June 12, 2023 Mariel Alumit U.S. drillers have the potential to double oil output from existing wells, thanks to new […]

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