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EIA News

U.S. crude oil production forecast to rise in 2022 and 2023 to record-high levels

February 16, 2022

February 16, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to […]

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International News

Punjab & Sind Bank declares IL&FS Tamil Nadu Power as fraud account

February 16, 2022

The bank said it has already made provisions amounting to Rs 59.54 crore, as per the prescribed prudential norms New Delhi: Public sector Punjab & Sind Bank (PSB) on Tuesday said it has declared bad […]

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International News

Telangana CM statement a lie; states free to buy RE from any developer based on bids: R K Singh

February 16, 2022

States are free to hold their own bids and buy renewable energy(RE) from any developer based on those bidsNew Delhi: Union ministerR K Singhon Tuesday dismissed a speech by Telangana Chief Minister and clarified that […]

U.S. demand for residual fuel oil rose late in 2021
EIA News

U.S. demand for residual fuel oil rose late in 2021

February 15, 2022

In November 2021, more residual fuel oil was consumed in the United States, measured as product supplied, than during any month since January 2017. Residual fuel oil has several uses, but it is primarily consumed […]

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EIA News

U.S. demand for residual fuel oil rose late in 2021

February 15, 2022

February 15, 2022 Source: U.S. Energy Information Administration, Petroleum Supply Monthly, January 2022, and Weekly Petroleum Status Report In November 2021, more residual fuel oil was consumed in the United States, measured as […]

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International News

Farmers unite in push for share of India’s solar power bonanza

February 15, 2022

The Shakti Sthala Farmers’ Welfare Association, named after the official title of the Pavagada plant, grew out of this early realisation that a bright future for local people living in the solar park’s shadow was […]

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International News

Top investor urges Siemens Energy to take full control of wind turbine business

February 15, 2022

At the root of the problem lie supply chain issues and a delayed ramp up of Siemens Gamesa’s next generation of onshore wind turbine, causing project delays and higher-than-expected costs that have also hit its […]

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International News

Greenko, NIIF backed Ayana join hands for clean energy storage

February 14, 2022

The Hyderabad headquartered company that has been pivoting towards offering storage as an independent service from a pure play independent green power producer is building a network of four 50GWhrs or 10 GW storage capacity.New […]

Generators in Texas meet electric demand, avoid widespread outages during recent cold snap
EIA News

Generators in Texas meet electric demand, avoid widespread outages during recent cold snap

February 14, 2022

A cold snap brought cold weather and icy conditions to Texas this past week, increasing heating demand for electricity across the state. Power plants and electric generators in the Electric Reliability Council of Texas (ERCOT)i? […]

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International News

ONGC logs multifold jump in Q3 profit on spike in oil, gas prices

February 13, 2022

Net profit of Rs 8,764 crore in October-December 2021 rose 596.7 per cent over Rs 1,258 crore net profit in the same period a year back, the company said in a statement.New Delhi: State-ownedOil and […]

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