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Month: January 2016

Category:
  • Argentina

YPF, American Energy Partners to Develop Argentina Oil, Gas Projects

Argentina’s YPF SA YPF 2.34 % and American Energy Partners LP, run by energy industry veteran Aubrey McClendon , signed a deal Thursday to jointly explore and develop unconventional oil Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • Iran
  • South Korea

South Korea’s Iran crude oil imports drop 62.2 percent year-on-year in December

South Korea’s crude oil shipments from Iran slid 62.2 percent in December from a year ago, with imports in full-year 2015 falling 8.0 percent from 2014 in accordance with sanction Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • China

Test for Beijing as China stocks edge towards last year’s lows

The dramatic slide in China’s stock markets this month threatens to breach the lows hit during last summer’s crash, and will test Beijing’s ability to calm skittish investors. The benchmark Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Oil-Sands Slump Doesn’t Feel So Bad for Canada Maintenance Crews

The companies that clean the boilers, grease the machinery and tighten the bolts are skirting the carnage in Canada’s energy patch. Even as crude trades at its lowest in 12 Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • China
  • USA

Exclusive: China buys first U.S. crude cargo since end of export ban – source

China’s state-run oil refiner Sinopec Corp has purchased its first ever batch of U.S. crude oil for export, a source told Reuters on Thursday, a landmark transaction after the ending Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • Australia
  • Natural Gas Supply

Chevron readies first LNG cargo from Australian mega project

Chevron Corp said on Friday it is on track to export the first cargo of liquefied natural gas (LNG) from its Australian Gorgon project – the world’s most expensive – Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • China

China Shares Fall Into Bear Market

China’s main stock benchmark entered a bear-market Friday, following a deep afternoon selloff that dragged markets in the rest of the region lower. The Shanghai Composite Index fell 3.6% to Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • p-
  • Shale Oil

BHP Billiton to Take Big Charge on U.S. Onshore Energy Assets

Free-falling oil prices are the latest headache for the global mining giant, which is already grappling with a dam burst at a Brazilian mining venture and a collapse in prices Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • Canada
  • Prices

$15 Oil? It’s Already Here, in Canada

Crude prices dipped below $30 a barrel this week for the first time in years. But for many producers, $30 oil already is a thing of the past. Most barrels Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple
Category:
  • Shale Oil

BHP Billiton dividend cut looms as it takes $7.2 billion shale charge

Global miner BHP Billiton said on Friday it will write down the value its U.S. shale assets by $7.2 billion on a bleak outlook for oil and gas prices, cementing Continue Reading

Posted On : 15 Jan 2016 Published By : Tom Whipple

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