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Month: April 2016

Category:
  • Iran

Boeing Meets With Iranian Airlines to Discuss Jets, Aircraft Services

Work is done on a 787 Dreamliner for Air India at Boeing’s North Charleston, S.C.,… Boeing Co. BA 0.02 % has opened talks to sell airliners to Iran in what Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • Iraq

Basra exploration deal advances

For the first time, international companies will be paid for oil production stemming from Iraq’s new generation of exploration contracts. Ahmed Haider Ahmed, business development manager of Kuwait Energy, drops Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Grapples With Abrupt End to Rapid Growth

In Africa’s top economy, the oil bust is beginning to hit the streets. With 187 million people, and trillions of dollars in untapped crude oil, Nigeria was meant to power Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • Senegal

More reserves uncovered offshore Senegal

Scottish company Cairn Energy said it was maintaining a string of success with the latest discovery of natural gas at an evaluation program offshore Senegal. The Scottish company and its Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexico Has $13.6 Billion Surplus to Pay Debt, Boost Oil Fund

Mexico will use $13.6 billion from a central bank surplus to pay down debt and boost its rainy day fund, shoring up finances as it prepares a support plan for Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • China
  • Water

Over 80 Percent of Water Is Polluted in Tested China Wells

BEIJING — More than 80 percent of the water from underground wells used by farms, factories and households across heavily populated plains of China is unfit for drinking or bathing Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • USA

Is U.S. gasoline consumption overstated and if so by how much? Kemp

Gasoline drips off a nozzle during refueling at a gas station in Altadena, California March 24, 2012. Strong growth in U.S. gasoline consumption has been one of the most important Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • Pipelines

TransCanada maintains Keystone crude pipeline at reduced rates

TransCanada Corp’s ( TRP.TO ) 590,000-barrel-per-day Keystone crude oil pipeline continued operating at reduced rates, the company said in an e-mail on Monday, as an investigation into a leak earlier Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • USA

National Oilwell Cuts Dividend 89 Percent as Drilling Slumps

National Oilwell Varco Inc., the biggest U.S. maker of oilfield equipment, slashed its quarterly dividend by 89 percent as the global crude price crash cuts demand from customers to record Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple
Category:
  • USA

Chesapeake Amends Credit Facility Agreement With Lenders

A Chesapeake Energy natural gas well pad rests on the hill in Litchfield Township, Penn. Chesapeake Energy Corp. said it has reached an amended agreement with its lenders that affirmed Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple

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