Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


EU flip-flop on Russian coal sanctions brings doubts for oil

Bloomberg | September 22, 2022 | Energy | Conventional | International Trade | Commodity

Algeria Sees Natural Gas Exports to Italy Jumping 20% This Year

Bloomberg | September 21, 2022 | Energy | Conventional

Journey to Net Zero Carbon Global Transport Requires Many Routes

AJOT | September 21, 2022 | Energy | Alternative

Indigenous Australians Win Battle to Halt Santos Gas Project

Bloomberg | September 21, 2022 | Energy | Conventional

China Runs Down Oil Stockpiles as Market Eyes Big Export Quotas

Bloomberg | September 20, 2022 | Energy | Conventional

Russian Oil Flows Dive, Hurting Putin’s War Chest

Bloomberg | September 20, 2022 | Energy | Conventional

Middle East Shakes Russian Dominance of European Diesel Market

Bloomberg | September 20, 2022 | Energy | Conventional

Germany Closes In on Gas Deals With UAE to Narrow Russian Gap

Bloomberg | September 19, 2022 | Energy | Conventional

Germany’s Bosch Warns EV Industry Over Battery Cell Reliance

Bloomberg | September 18, 2022 | Energy | Alternative

Granholm’s Call to Build US Fuel Stockpiles Is a Losing Proposition

Bloomberg | September 16, 2022 | Energy | Conventional

Oil Falls With Global Demand Concerns Coming to the Fore

Bloomberg | September 15, 2022 | Energy | Conventional

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More natural gas rigs are now operating in the United States than before the pandemic

AJOT | September 15, 2022 | Energy

U.S. natural gas producers are operating more drilling rigs now than at the beginning of the COVID-19 pandemic in early 2020. Before the pandemic, the number of operating rigs in the United States had generally been declining. On January 31, 2020—when the U.S. Department of Health and Human Services first declared a public health emergency related to COVID-19—the Baker Hughes Company reported that 112 natural gas rigs were operating in the United States.

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EU takes unprecedented step with 5-10% cut in power demand and redistributing €142 billion in energy profits

AJOT | September 15, 2022 | Energy

The EU Commission on 14 September proposed a plan that would pull in €142 billion in windfall profits earned by power and fossil fuel companies and redistribute it to hard-pressed consumers who have seen their power costs multiply in recent months. At the same time, the European Union aims to cut power use through a mandatory 5% reduction in peak-hour demand.

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Air Canada says short-haul future involves electric planes

Bloomberg | September 15, 2022 | Air Cargo | Technology | Energy | Alternative

The head of Air Canada says the carrier will be well positioned to offer zero-emission electric flights to customers in Canada as soon as 2028.

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EU revenue cap helps consumers, but may end up capping Europe’s renewable energy ambitions

AJOT | September 15, 2022 | Energy

The European Union’s emergency measures to tackle the region’s energy crisis may fall short of their intended goals, at least where renewable energy ambitions are concerned, according to Rystad Energy research. The EU’s proposal to temporarily cap the revenues of inframarginal electricity producers is aimed at capturing the windfall profits of renewable energy producers, which are benefitting from low production costs during this episode of high electricity prices. 

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