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Month: April 2016

Category:
  • Mexico

Mexico looks to defend Pemex with $4.2 billion capital injection

The Mexican government will provide a capital injection of Peso 73.5 billion ($4.2 billion) for Pemex that analysts described as the first salvo in a battle to defend the survival Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • China
  • India

Why India matters more for oil than China

Slower demand growth in China has a significant effect on the ongoing oil crisis, but growth in India is expected for decades to come. Pictured, Indians spend time near a Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Pipelines

Shut Keystone down, advocacy group says

An advocacy group in Nebraska said it was calling on U.S. regulators to shut down the Keystone oil pipeline following a spill from TransCanada’s system. “We cannot accept this continued Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Gulf of Mexico a short-term bright spot for oil

The U.S. Gulf of Mexico may return as the primary source of additions to crude oil production as onshore production fades, a federal report finds. A short-term market report from Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Coal

Peabody Bankruptcy Comes on Heels of Failed Sale of Mines

The bankruptcy filing of coal giant Peabody Energy Corp. Wednesday comes after a failed effort earlier this year to use its Australian unit to avoid chapter 11 and restructure out Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • USA

U.S. Plans to Release Final Offshore Drilling Rules

The Obama administration is set to issue final rules aimed at preventing the kind of explosion that erupted nearly six years ago on BP PLC’s Deepwater Horizon rig and caused Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • USA

Energy XXI Files for Chapter 11 Bankruptcy Protection

The Houston-based energy firm, filed for protection under the Chapter 11 Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division, after signing a Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Economy

Bill Clinton Predicts Global “Crisis”

Former President Bill Clinton is worried that a “crisis” of global proportions is around the corner, but that presumptive president Hillary Clinton will “know what to do” when it happens. Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Coal

Coal leader Peabody files for bankruptcy

Peabody Energy Corp. said Wednesday it’s the latest coal industry leader to face sector-wide pressures and seek U.S. bankruptcy protection. “This was a difficult decision, but it is the right Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple

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