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Month: August 2016

Category:
  • Canada
  • China
  • Tar Sands

Cnooc Posts 1st Half-Year Loss on Canadian Oil Sands Charge

Reports first-ever half year loss at 7.74 billion yuan Total output slips more than 5% from second half of 2015 Cnooc Ltd. posted its first-ever half-year loss as crude’s plunge Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • China

Chinese Oil Companies To Up Dividends Despite Losses

China’s oil companies may use dividends to calm the fears of investors on the heels of the drop in energy prices. Noting the dip in the price of oil, Tian Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Oil at $50 Tests Shale-Band Theory

The number of U.S. oil drilling rigs fell by 158 from early December to mid-March… The return of oil prices to about $50 a barrel presents a test for an Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla unveils 100 kWh battery for Model S, Model X cars

People visit a Tesla Model S car during the Auto China 2016 in Beijing, China, April 25, 2016. Electric car maker Tesla Motors Inc ( TSLA.O ) will launch a Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

EIA: U.S. Shale Output to Reach 7.1 Million Bpd by 2040

The extraction from U.S. shale oil and gas fields is expected to continue increasing in the upcoming years, but will fall in the short-term, according to a report published on Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Canada

Trudeau Faces Split Aboriginal Groups in Kinder Morgan Ruling

Canada’s government to decide soon on pipeline expansion Prime minister has to balance native demands with growth needs In the rolling country of central British Columbia, Michael LeBourdais’s Whispering Pines Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • International Oil Companies

Largest Oil Companies’ Debts Hit Record High

Some of the world’s largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Transportation

Local Highway Drivers Bear Brunt of Road Funding Gap

Roughly 35%… Like a lot of American cities, Milwaukee has a pothole problem. A majority of its major roads are in shoddy shape, federal data show, forcing drivers to weave Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Solar

North Carolina has more PURPA-qualifying solar facilities than any other state

North Carolina surpassed states with more favorable solar resources to become the state with the second-highest amount of installed utility-scale solar photovoltaic (PV) capacity owned by independent power producers in Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Oil-rich Iran looking for financial ties with Russia

With sanctions pressures starting to fade, a representative from oil-rich Iran said the financial doors for cooperating with Russia were starting to open. Iranian and Russian interests have aligned in Continue Reading

Posted On : 24 Aug 2016 Published By : Tom Whipple

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