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Month: March 2016

Category:
  • Climate

Meltdown Earth: the Shocking Reality of Climate Change Kicks In – but Who is Listening?

Melting ice image via shutterstock . Reproduced on Resilience.org with permission. And another one bites the dust. The year 2014 was the warmest ever recorded by humans. Then 2015 was Continue Reading

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

Oil futures fall after API stockpile build reasserts glut concerns

Oil prices fell on Wednesday after figures from an industry group showed U.S. crude stockpiles rose last week more than expected, reinforcing concerns that the global supply glut continues unabated. Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Edge Lower Amid Uncertainty on Global Supply

Oil futures wavered Tuesday amid uncertainty about global oil supplies ahead of a meeting among major producers next month to discuss freezing production. Light, sweet crude for May delivery settled Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices swept lower after Brussels blasts spook investors

Oil prices fell on Tuesday, swept lower by investor nervousness after deadly blasts in Brussels prompted a flight towards so-called safe-haven assets such as gold. As many as 13 people Continue Reading

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

Scramble for oil storage extends, suggesting excess has room to run

Trading houses are betting on oil markets remaining oversupplied for at least two more years even as crude prices stage a recovery driven by early signs of falling production. Traders Continue Reading

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

Oil Security Seen at Risk by IEA on `Historic’ Investment Cuts

Energy producers clobbered by the worst price slump in decades have cut billions of dollars in spending, raising the potential for oil-supply shocks in the future, according to the International Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Iraq

A First: Iraq Exports Natural Gas

The first ever natural gas export left Iraq’s southern coast yesterday, according to reports from the Associated Press . The historic shipment comes as the Iraq government looks for new Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Iraq

Iraq expects imminent pipeline imports of Iran gas

Gas will fuel at least a power plant in Diyala province within weeks, after years of security delays. An employee of Iranian power development firm Sunir walks past the Sadr Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Iran
  • Saudi Arabia

Saudi Arabia will freeze oil output without Iran, says Opec delegate

Saudi Arabia is prepared to join an oil output freeze next month without Iran taking part, a senior Opec delegate said, making a deal among big producers more likely.  Some Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple
Category:
  • Algeria

Oil revenues down, Algeria woos energy investors

After a deep slide in oil prices, Algeria’s Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil and gas fields in a bid Continue Reading

Posted On : 23 Mar 2016 Published By : Tom Whipple

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