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Month: February 2016

Category:
  • Iraq

Kurdistan and Kirkuk production plummets as pipeline stays offline

Oil fields in the autonomous Kurdistan region have shut in the vast majority of production due to an export pipeline outage that has not been fully explained and has now Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Electric Cars
  • Japan

Honda CEO Shifts Focus to Electric Vehicles

Honda Motor Co. wants partially or fully electric cars to account for two-thirds of global sales by 2030, its chief executive said, laying out long-term priorities after his inaugural year Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • India

Exclusive: Indian state refiners join forces in bid for better OPEC oil deals

Indian state refiners are jointly negotiating oil purchase deals with OPEC producers for the first time, as the world’s third biggest consumer seizes on low prices to wrest better terms Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • China
  • Prices

Price-Moving China Oil Trades Fan Concerns

The growing clout of state-backed Chinese oil traders is raising concerns over their influence on the price of crude as trade increasingly flows into markets with little regulatory oversight. Last Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • China
  • Nuclear

China Inc.’s Nuclear-Power Push

SHENZHEN, China—China wants to shift from customer to competitor in the global nuclear industry as it seeks to roll out its first advanced reactor for export, a move that adds Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Brazil
  • LNG

Petrobras Said to Buy Cheniere’s First U.S. Shale Gas Export

Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo of shale gas to be shipped from the U.S., according to a person familiar with the Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Prices
  • Shale Oil

J.P. Morgan Sounds Fresh Warning on Energy Losses

J.P. Morgan Chase & Co. expects to further build reserves related to potential energy losses in the first quarter as the prolonged decline in oil prices continues to hit U.S. Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Shale Oil

In Florida, an Unlikely Battle Over Fracking Intensifies

With geology akin to a wet sponge and fragile underground aquifers that supply almost all its drinking water, Florida has never been considered part of the agitated battle over fracking Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Transportation
  • USA

Kemp: US Gasoline Demand Is Critical To Oil Outlook In 2016

U.S. gasoline consumption increased by more than 2.6 percent last year thanks to a combination of lower oil prices and economic growth. In volume terms, consumption rose by around 240,000 Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple
Category:
  • Oil Supply

World Outside US and Canada Doesn’t Produce more Crude Oil than in 2005

After a delay of several months the US Energy Information Administration has published the latest international energy statistics Fig 1: World’s incremental crude oil production How Fig 1 is created: Continue Reading

Posted On : 24 Feb 2016 Published By : Tom Whipple

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