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Month: February 2016

Category:
  • Shale Oil

IHS CERAWeek: US shale oil poised for new renaissance: IEA’s Birol

Faced with declining prices and a global supply glut, US light tight oil production is expected to fall by 800,000 b/d through 2017, but US shale is poised for another Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • IEA
  • Oil Supply
  • Prices

IEA: Oil supply, demand to rebalance in early 2017

The world’s fuel producers probably won’t curb enough oil production to realign crude supply and demand until early 2017, with the United States making up the bulk of the decline, Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Kuwait

Veterans of 1980s oil glut say this price slump, too, will last

When Sheikh Ali Khalifa al-Sabah of Kuwait thinks about today’s plunging oil prices, his mind drifts back to the mid-1980s, when he was forced to sell some of his country’s Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • IEA

IEA Rings `Alarm Bells’ on Deeper Oil Industry Spending Cuts

The oil industry is set to further reduce spending this year as crude prices remain low, according to the head of the International Energy Agency, signaling more pain for oil Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Oil Supply

Lessons From IHS CERAWeek: What We Heard on Conference’s Day 1

So what do 2,800 or so of the world’s elite energy minds talk about when they gather at Houston’s IHS CERAWeek energy conference? Here’s a taste of what we heard Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Shale Oil

US shale oil output rise set to fill cutback by Opec, says official

A senior Opec official on Monday highlighted the likelihood that a reduction in the oil cartel’s production would be filled by an increase in US shale oil output.  The comments Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Syrian rebels see flaws in U.S.-Russian truce plan

The United States and Russia announced plans for a ‘cessation of hostilities’ in Syria that would take effect on Saturday but exclude groups such as Islamic State and al Qaeda’s Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

U.S.-Russia Deal on a Partial Truce in Syria Raises More Doubt Than Optimism

 The United States and Russia announced an agreement on Monday for a partial truce in Syria , though the caveats and cautious words on all sides underscored the obstacles in Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Syrian govt. accepts halt to ‘combat operations’ in line with U.S.-Russian plan

The Syrian government said on Tuesday it accepted a halt to “combat operations” that does not include the Islamic State group, the al Qaeda-linked Nusra Front, or groups connected to Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple
Category:
  • Libya

U.S. Scrambles to Contain Growing ISIS Threat in Libya

Photo Senegalese commandos during a recent United States-led training exercise in Senegal. Credit Sergey Ponomarev for The New York Times THIES, Senegal — The Islamic State’s branch in Libya is Continue Reading

Posted On : 23 Feb 2016 Published By : Tom Whipple

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