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Month: March 2016

Category:
  • Latin America

LatAm oil producer meeting postponed due to scheduling difficulties

A meeting between Latin American oil producers to unify the region in backing an output freeze or other measures to bolster prices has been postponed from Friday due to scheduling Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Argentina

Argentina’s ‘Dead Cow’ Provides Rare Bright Spot for Oil, Gas Drillers

From North Dakota to Texas and beyond, oil and gas companies have sharply reined in drilling and thousands of workers are being laid off. But here, where the oil and Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • China

Deutsche Bank: China’s Oil Demand Growth Could Be Cut in Half by the End of the Decade

While China exacerbated the upswing in the commodity super-cycle, it indirectly sowed the seeds of the bust.  Expectations that immense growth in China’s demand for raw materials would continue in perpetuity, coupled with the Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Japan
  • Nuclear

Japanese Court Orders Shutdown of Nuclear Reactors

A Japanese court issued an injunction to halt two of the four nuclear reactors restarted by the country’s utilities, backing local residents who were worried about a repeat of the Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Japan
  • Nuclear

Former Prime Minister Admits Fukushima Almost Completely Destroyed Japan

This Friday, it will officially have been 5 years since the Tōhoku earthquake and tsunami disabled Tepco’s nuclear power plant in Fukushima. But despite the passing of 5 years, we Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust

Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Pipelines

Colonial Pipeline Comes Under Fire

A lack of pipeline space between the Gulf Coast and East Coast is raising the cost of fuel, companies told government regulators Tuesday. Colonial Pipeline Co.’s unwillingness to expand its Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Pipelines

Why Ailing Oil Producers Should Love This Court Decision

The U.S. oil-and-gas industry is bracing for a game of monkey in the middle. Even as prices have plunged over the past 20 months or so, the one part of Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. oil production continues to decline, and is now below its year-ago level

U.S. monthly crude oil production in December 2015 continued to decline, as oil production reached its lowest level since November 2014. Production also declined from year-ago levels for the first Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple
Category:
  • Climate

A frightening record: Carbon dioxide levels show biggest-annual jump

Recently, we’ve had more reason than usual to be optimistic on climate change — the world reached its first truly global climate agreement in December , there are a lot Continue Reading

Posted On : 10 Mar 2016 Published By : Tom Whipple

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