Can the Texas power grid handle the alarming 2023 heatwave? “In mid-June; “KHOU 11 meteorologists forecast at least six triple-digit days in a row.” “David Kinchen, Energy Ogre’s COO, said even though wallets may suffer, Texans themselves hopefully won’t.” ERCOT projected the highest energy demand to be Friday, June 16, at 81,683 megawatts. That wouldContinue reading “Texas Power Grid.”
Tag Archives: #Energy Markets
The U.S. Grid unequipped for renewable energy Ecosystem.
“Updating the grid is far easier said than done. In fact, it’s a massively expensive slow-moving bureaucratic nightmare.“ “Climate Change are causing increasingly frequent and long-lasting blackouts across the country.” The energy grid can be thought of as a massive ecosystem with a huge variety of organisms – asset owners, manufacturers, service providers, and government officials at Federal,Continue reading “The U.S. Grid unequipped for renewable energy Ecosystem.”
Pakistan buys Russian Oil.
https://oilprice.com/Latest-Energy-News/World-News/Pakistan-Pays-For-Discounted-Russian-Oil-In-Yuan.html By Alex Kimani – Jun 12, 2023, Pakistan petroleum minister Musadik Malik has revealed that his country paid for its first imports of discounted Russian crude in Chinese currency. According to Malik, the purchase, the first government-to-government (G2G) deal between Pakistan and Russia, consisted of 100,000 tonnes, of which 45,000 tonnes have already docked at Karachi port. TheContinue reading “Pakistan buys Russian Oil.”
Brazil boasts Oil Boom.
https://oilprice.com/Energy/Energy-General/Brazil-Gears-Up-To-Become-Fourth-Largest-Oil-Producer.html By Matthew Smith – Jun 12, 2023. Brazil Gears Up To Become Fourth Largest Oil Producer. “For nearly two decades, South America’s largest economy Brazil has been reaping a tremendous economic windfall from a massive oil boom that kicked off with the first offshore ultra deep-water pre-salt discovery in 2006. The boom nearly collapsed as corruption, mismanagement,and malfeasanceContinue reading “Brazil boasts Oil Boom.”
Louisiana Oil Company filed for bankruptcy
https://www.nola.com/news/business/louisiana-oil-company-cox-operating-files-for-bankruptcy/article_6ee3ad4c-06f4-11ee-af49-e344fd063b30.html “A big Louisiana oil company went bankrupt; small suppliers could be out millions.” By Stephanie Riegel| June 12, 2023 “A rig and supply vessel are pictured in the Gulf of Mexico, off the coast of Louisiana.AP Photo/Gerald Herbert, File” “A Metairie-based oil company that’s one of the largest independent operators still working in theContinue reading “Louisiana Oil Company filed for bankruptcy”
U.S. Energy Foreign Relations.
The U.S. Energy partnership with Iran, and Saudi Arabia. Despite the current Administration’s distancing from talks with U.S. Oil Executives at the White House The U.S., oil partnership flourish abroad. Columbia; Iran and Saudi Arabia, Russia, and the Afghanistan Caspian Pipelines. U.S. history of wars in the Middle East over the region’s Oil is consideredContinue reading “U.S. Energy Foreign Relations.”
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