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Month: May 2016

Category:
  • China

China Processes Record Crude on Boost From Independent Refiners

China processed record crude on a daily basis in April as the nation’s independent plants boosted operations amid a surge in oil imports. Crude refining in the world’s second-largest oil Continue Reading

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

Trump taps climate change skeptic as energy adviser, pushes back on taxes

Republican U.S. presidential candidate Donald Trump speaks at the end of a campaign rally in Eugene, Oregon, U.S., May 6, 2016. Donald Trump on Friday pushed back against renewed calls Continue Reading

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

U.S. oil drillers cut rigs for 8th week to Oct 2009 lows: Baker Hughes

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. U.S. oil drillers cut rigs for an eighth week in Continue Reading

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

U.S. energy bankruptcy wave surges despite recovering oil prices

The wave of U.S. oil and gas bankruptcies surged past 60 this week, an ominous sign that the recovery of crude prices to near $50 a barrel is too little, Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple
Category:
  • Air Quality
  • Oil Supply

Colorado touts leadership in methane rules

Federal rules on emissions tied to the oil and gas industry follows an example set by state regulators in shale-rich Colorado, the state’s governor said. The federal government released new Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple
Category:
  • Canada

Canada’s oil production weakened by Fort McMurray fire

Even as the situation becomes less severe, it may be the third quarter of 2016 before Canadian oil sands operations return to normal, a government report shows. Fires in the Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple
Category:
  • Wind

Oil and Gas Giants to Join Wind-Energy Battle, Says Dong CEO

The offshore wind-energy industry will soon be flooded by competition as big oil companies join utilities and small renewable players in the growing sector, said the chief executive of the Continue Reading

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

U.S. Oil Rig Count Falls by Ten in Latest Week

The number of U.S. oil-drilling rigs, viewed as a proxy for activity in the sector, has fallen sharply since oil prices began to tumble in 2014. The number of oil Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple
Category:
  • Climate

28% of US bees wiped out this winter, suggesting bigger environmental issues

More than a quarter of American honeybee colonies were wiped out over the winter, with deadly infestations of mites and harmful land management practices heaping mounting pressure upon the crucial Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil Gobbles Up Record Debt as Borrowing Costs Decline

The world’s biggest oil companies are borrowing record amounts of money to cope with a slump in crude prices. Luckily, there’s rarely been a better time to go on a Continue Reading

Posted On : 14 May 2016 Published By : Tom Whipple

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