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Month: June 2016

Category:
  • Libya

Militias in Libya Advance on ISIS Stronghold of Surt With Separate Agendas

Fighters aligned with Libya ’s United Nations -backed unity government are advancing along the Mediterranean coast toward the Islamic State stronghold of Surt, signaling the first major assault on territory Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Nigeria

Chevron wells attacked in Niger Delta

Some of Chevron’s highest producing assets in the Niger Delta were blown up early Wednesday, the regional militant group Niger Delta Avengers claimed on social media. With the heavy presence Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria oil minister: OPEC open-minded, Nigeria’s output back up to 1.6 million bpd

Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday he saw “open-mindedness” in the OPEC meeting, but did not know what the outcome would be. Oil ministers from the Organization Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Avengers Strike Again, Blow Up 2 Chevron Oil Wells

The Niger Delta Avengers in the early hours of today blew up two major oil wells located at Dibi in Warri South West local government area of Delta State. The Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Iraq

Oil revenues rise despite export dip

Poor weather and power outages cut into exports but an upward trend in the global oil price puts more money in Iraqi coffers. A tanker at the al-Basra Oil Terminal Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela says Americas bloc suspension threat is ‘imperial’ plot

Venezuela’s President Nicolas Maduro speaks during his weekly broadcast ”En contacto con Maduro” (In contact with Maduro) at the Miraflores Palace in Caracas, Venezuela, May 31, 2016. Miraflores Palace/Handout via Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Panama

Panama Canal’s new, expanded locks at ‘full operability’

The consortium designing and building the Panama Canal’s new set of expanded locks says they are working at full capacity and ready to receive their first ships. Grupo Unidos por Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Asia
  • Coal

Coal industry shouldn’t get carried away with new-found optimism

Something has changed in the coal industry. For the past 22 years Asia’s coal producers, traders and buyers have gathered in the Indonesian resort island of Bali to discuss the Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • Shale Oil

America’s New Role in Global Oil Markets Is Being ‘Put to the Test’

The shale revolution helped drive oil prices down to levels not seen in over a decade. Now, some analysts are wondering whether U.S. producers will be able to cap the Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple
Category:
  • China

Chasing China’s New Drivers Risks Gasoline Glut for Refiners

Chinese fuel makers rushing to cash in on the nation’s booming car market may end up creating a glut of gasoline, possibly forcing the excess onto overseas markets. Stockpiles of Continue Reading

Posted On : 2 Jun 2016 Published By : Tom Whipple

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