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Month: May 2022

Category:
  • Natural Gas Supply
  • USA

Gas generation down across US West this spring as renewable capacity grows

 Power burns down 260 MMcf/d spring 2022 vs. 2021 8.1 GW of renewable capacity installed over past year Commerce tariff investigation could slow solar growth Recent growth in renewable generating Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Exxon
  • Shale Oil

ExxonMobil Selling Shale Assets for $750MM

The transaction is expected to close in the second quarter of this year. ExxonMobil has announced that it has signed an agreement with subsidiaries of BKV Corporation for the sale Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Climate
  • Prices

White House weighs waiving smog rules on gasoline to lower pump price -sources

The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog, hoping the waiver will combat rising pump prices, according to three sources involved in the Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Russia

Russia’s Seaborne Crude Oil Exports Keep Coming

Can the EU Really Survive Without Russian Gas? Russia’s seaborne crude exports are flowing unabated, despite European Union regulations that prohibit dealings with the country’s state energy companies. Shipments persist Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Natural Gas Supply

EU plans first joint gas buying before winter

The European Union plans to start jointly buying gas before winter, the bloc’s energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

German economy minister expects EU embargo on Russian oil ‘within days’ -ZDF

The European Union will likely agree an embargo on Russian oil imports “within days,” Germany’s economy minister said on Monday, but making a dent in Russia’s war chest may require Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Economy

Economic outlook has ‘darkened’, business and government leaders warn in Davos

 Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Political Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Russia

Cargoes of Russia’s flagship crude oil at sea climb to record high

Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa showed, as traders struggled to Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK Faces Growing Risk of Recession as Firms Buckle Under Soaring Costs

 The UK economy faces an increased risk of falling into a recession as firms and households buckle under the fastest inflation rate in four decades, according to a closely watched Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple
Category:
  • Russia

Ruble Rally Powers on Even After Capital Controls Dialed Back

Russia’s currency extended a rally that’s taken it to the strongest level versus the dollar in four years, prompting a warning from one of President Vladimir Putin’s staunchest allies that Continue Reading

Posted On : 24 May 2022 Published By : Tom Whipple

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