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Month: June 2016

Category:
  • Venezuela

Can Venezuela be helped off the ledge?

People line up to buy toiletries in a supermarket in Caracas on Monday. (Federico Parra/AFP/Getty Images) With Venezuela spinning into chaos and collapse, the Obama administration has pondered how to Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Venezuela

Kerry says U.S. and Venezuela agree to start talks to ease tensions

U.S. Secretary of State John Kerry disembarks from his airplane upon his arrival in Abu Dhabi, United Arab Emirates June 8, 2016. Venezuela and the United States will immediately start Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Venezuela

Exclusive: Venezuela in talks with China for grace period in oil-for-loans deal – sources

Venezuela is in talks with China to obtain a grace period in its oil-for-loans deal that would improve the OPEC nation’s capacity to make bond payments amid an economic crisis, Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Mexico

Pemex to speed up overhaul to beat falling oil output

Mexico’s national oil company plans a wave of new asset sales and production partnerships to navigate through the oil price downturn and stabilize soaring debt and falling production levels, its Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s oil production tumbles as economic crisis worsens

Hungry Venezuelans are rioting and looting amid worsening food shortages, but the OPEC country’s remote oil fields have been sheltered from the social unrest so far. But Venezuela’s blistering economic Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Climate
  • Mexico

Haze Returns to Mexico City, Where Not Driving Is Hardly an Option

Back in the late 1980s, the air got so dirty in Mexico City that birds would emit a final chirp before they tumbled from the trees onto the sidewalk, their Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • China

China’s Potential Oil Reserves Up 64%, Says Official Report

Chinese Oil Rig China’s potential oil reserves are up 64 percent since 2007 due to increased exploration activities, according to a new report from the Chinese Land and Resource Ministry. Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • USA

Fitch strips Alaska of AAA rating

Fitch has become the last of the big three credit rating agencies to strip Alaska of its prized triple A rating on Tuesday, as the 49th US state continues to Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Nuclear

First new U.S. nuclear reactor in almost two decades set to begin operating

Source: Republished with permission from the Tennessee Valley Authority The Tennessee Valley Authority’s (TVA) Watts Bar Unit 2 was connected to the power grid on June 3, becoming the first Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Renewables

Cheap Energy Storage Is Set To Undermine Fossil Fuels

What exactly is wrong with renewables, and why aren’t we all-green already? Subsidy abuse and insufficient economic viability in the face of cheap oil are two of the most common Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple

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