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Woodside Petroleum rebrands as Woodside Energy Group
May 21, 2022
Source: EnergyVoice

Woodside Petroleum rebrands as Woodside Energy Group

Following a shareholder vote yesterday, Australian liquefied natural gas (LNG) developer Woodside Petroleum (ASX:WPL) will change its name to Woodside Energy Group as it prepares to embrace the energy transition.

Exit: ExxonMobil sells Barnett shale stake for $750 million
May 20, 2022

Exit: ExxonMobil sells Barnett shale stake for $750 million

US supermajor ExxonMobil is selling for $750 million its stake in one of the world’s first actively produced shale plays, the Barnett shale of Texas in the US, to BKV Corporation. ExxonMobil in 2020 removed the company's Barnett holdings from its development plan and had been actively marketing the assets since last November.

"Pushp Kumar Joshi takes over as CMD of HPCL  "
May 9, 2022
Source: Energy World

"Pushp Kumar Joshi takes over as CMD of HPCL "

"Joshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to replace Mukesh Kumar Surana. "

Tata Power net profit rises over 31 pc to Rs 632 cr in Mar qtr
May 7, 2022
Source: Energy World

Tata Power net profit rises over 31 pc to Rs 632 cr in Mar qtr

"Consolidated PAT before Exceptional Items up by 76 per cent YoY (year-on-year) at Rs 775 Crore in March quarter vs Rs 440 Crore in Q4 FY21 (March quarter), " the company said in the statement.

India, Italy agree to cooperate in areas of green hydrogen, biofuels, energy storage
May 7, 2022
Source: Energy World

India, Italy agree to cooperate in areas of green hydrogen, biofuels, energy storage

The two foreign ministers noted the potential for a closer India-Italy industrial collaboration in the defence sector and vowed to work closely in countering common challenges of terrorism, violent extremism and cybercrimes.

MP: Gadkari stresses on use of hydrogen fuel to reduce dependency on imported petroleum products
May 6, 2022
Source: Energy World

MP: Gadkari stresses on use of hydrogen fuel to reduce dependency on imported petroleum products

In days to come, steps should be taken to run trains, airplanes, trucks and buses and especially factories producing chemicals and cement using an alternate energy source like hydrogen and research should be done in this field, he said.

Russian oil exports outside ex-Soviet Union up 2 per cent April 1-28: source
May 5, 2022
Source: Energy World

Russian oil exports outside ex-Soviet Union up 2 per cent April 1-28: source

The increase in exports is an indicator of how Russia's commodity exports, a key source of its budget revenues, is resilient in the face of sweeping Western sanctions over what Mosow calls its "special military operation" in Ukraine.

Missile attack causes tank fire in oil refinery in Iraq: security forces
May 2, 2022
Source: Energy World

Missile attack causes tank fire in oil refinery in Iraq: security forces

Earlier on Sunday, the anti-terrorism authorities in Kurdistan region said six missiles landed near the KAR refinery in Erbil, adding they were launched frm nineveh province.

EU lawmakers seek swift deal on emergency rules to fill gas storage
April 21, 2022
Source: Energy World

EU lawmakers seek swift deal on emergency rules to fill gas storage

EU lawmaker Jerzy Buzek, former Polish prime minister and Parliament's lead lawmaker on the rules, said Parliament's team hoped to start talks with EU countries in two weeks and strike a deal lawmakers could vote on in June.

UK Won't Cease Oil & Gas Production Despite Mass Climate Protests: Energy Secretary
April 14, 2022
Source: Republic World

UK Won't Cease Oil & Gas Production Despite Mass Climate Protests: Energy Secretary

UK Energy Secretary Kwasi Kwarteng indicated on Wednesday that the British government will not cease the oil and gas production in the nation

Oil India headquarter under 'cyber attack'
April 13, 2022
Source: Energy World

Oil India headquarter under 'cyber attack'

The systems have been on shut down since Monday and efforts are on to resolve the issue, OIL spokesperson Tridiv Hazarika said.

Oil Down, Set for 3% Weekly Drop Over 210-Million-Barrel Emergency Release
April 8, 2022
Source: UK Investing

Oil Down, Set for 3% Weekly Drop Over 210-Million-Barrel Emergency Release

Investing.com – Oil was down on Friday morning in Asia and was set for a weekly loss of 3% after consuming countries agreed to release a total of 240 million barrels of oil from emergency stocks.

Putting energy security first, buying discounted Russian oil: FM Sitharaman
April 2, 2022

Putting energy security first, buying discounted Russian oil: FM Sitharaman

Sitharaman said that she was entering financial year 2022-23 (FY23) with "cautious optimism" at a time of global commodity price escalation due to the Russia-Ukraine war

Jaishankar defends India on Russian oil import, says ‘campaign against India’
April 1, 2022
Source: Live Mint

Jaishankar defends India on Russian oil import, says ‘campaign against India’

India on Thursday defended its decision to look for "good deals" for its energy requirement amid volatility in the market, while pointing out that Europe has been a major buyer of Russian oil and gas even after the crisis in Ukraine unfolded.

Mahanadi Coalfields becomes largest coal producing company in India
March 15, 2022
Source: Energy World

Mahanadi Coalfields becomes largest coal producing company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a growth of around 16 per cent over the last financial year, the company released said.

Amp Energy India hires Kapil Kasotia as Chief Operating Officer for wind, hybrid, storage biz
March 9, 2022
Source: Energy World

Amp Energy India hires Kapil Kasotia as Chief Operating Officer for wind, hybrid, storage biz

C Chaudhary will continue in his current role as the COO for the solar business for both commercial and industrial and utility customers.

Explainer: Why $100 oil could hurt the energy transition more than it helps
March 3, 2022
Source: Reuters

Explainer: Why $100 oil could hurt the energy transition more than it helps

WASHINGTON, March 3 (Reuters) - The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the global transition from fossil fuels to cleaner energy sources to fight climate change?

Why Isn’t U.S. Shale Production Soaring?
Feb. 18, 2022
Source: Oil Price

Why Isn’t U.S. Shale Production Soaring?

A lot of news has been coming lately from the U.S. shale patch. Output in the Permian has broken records for two months in a row. The Energy Information Administration has forecast that the U.S. total could also break a record this year, thanks to higher prices.

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