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Month: May 2016

Category:
  • China

Why China Is Really Dictating the Oil Supply Glut

Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • USA

Halliburton and Baker Hughes scrap $28 billion merger

The Baker Hughes campus sits mostly empty in Williston, North Dakota April 30, 2016. Picture taken April 30, 2016. Oilfield services provider Halliburton Co ( HAL.N ) and smaller rival Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • Prices

As oil plows through $45 a barrel, U.S. producers rush to lock in prices

Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. U.S. oil producers pounced on this month’s 20 percent rally in crude futures to Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • Prices

Pipe dreams still alive for selected few in U.S. energy rout

An energy market rout has ravaged fortunes from Texas to North Dakota and hit thousands of small investors, but some tycoons are still coining it in thanks to a piece Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • USA

Oil Companies Ultra Petroleum, Midstates File for Bankruptcy

Two more publicly traded oil and natural gas companies, with combined debts of more than $5.8 billion, filed for chapter 11 bankruptcy protection in Texas as the industry continues to Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • USA

Energy Future Files New Chapter 11 Exit Plan

The fate of Energy Future Holdings Corp.’s transmissions business, Oncor, is once again up in the air, under a new bankruptcy exit plan for the Dallas electricity giant.  Oncor, a Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • Pipelines

US gas fireball fuels shale critics and agitates energy markets

A towering fireball from a ruptured pipeline in the most prolific shale gas region of the US has agitated energy markets and provided new fuel for critics of fracking.  On Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • USA

The Merger That Could Create a New Oil Major

At a time where many oil companies need to shed assets and spin off businesses to keep themselves alive, there are certain companies that are perfectly positioned for the current Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • Wind

World’s Biggest Windmills Now Make Jumbo Jets Look Tiny

Often derided as a blot on rural landscapes, wind turbines got bigger and stronger than ever anyway. The next generation are even larger and designed to withstand an Arctic battering. Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple
Category:
  • Peak Oil

How many people can the Earth actually hold?

Earth may only be a tiny blip on the map relative to the entire universe, but for our purposes, it’s pretty darn big. Of course, the vast majority of earth Continue Reading

Posted On : 2 May 2016 Published By : Tom Whipple

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