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Month: August 2016

Category:
  • Uganda

Oil Companies May Spend $8 Billion to Start Output in Uganda

Government expects Tullow, Total, Cnooc to drill 500 wells Companies expected to start crude production in 2020 Uganda expects three oil companies to invest $8 billion in the East African Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Cracks Down on Opposition Before Massive Rally

President Nicolás Maduro has intensified a crackdown on opponents ahead of Thursday’s major opposition rally to demand a referendum on his rule amid a deepening economic crisis. On Tuesday, police Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Nigeria

Nigerian Slump Deepens as Economy Shrinks 2.1% in Second Quarter

Economy contracted as oil output declined from previous period IMF forecast Nigeria economy will shrink 1.8% in 2016 Nigeria’s economic slump deepened in the second quarter as a declining oil Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • China

Mystery Shrouding Oil on Chinese Islands Puzzles Crude Markets

Analyst opinion divided over level of China strategic reserves Purchases for SPR have lifted crude imports, helping prices China’s got the world puzzling over its oil hoard. From underground caverns Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Prices
  • USA

Retail gas prices rally ahead of U.S. travel holiday

Retail gasoline prices in the United States are on the rise ahead of the last major travel holiday season of the year, motor club AAA reported. The national average retail Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

U.S. Oil Firms Continue Tussle Over Taxes

U.S. oil companies have been pushing for changes to U.S. corporate tax laws that require them to pay taxes on foreign earnings, and news that the European Union’s antitrust regulator Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Coal
  • USA

Coal consumption by U.S. educational institutions has declined by 64% since 2008

Coal consumption by educational institutions such as colleges and universities in the United States fell from 2 million short tons in 2008 to 700,000 short tons in 2015. Consumption declined Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Renewables

4 Energy Storage Options That Elon Musk Is Ignoring

In research there is evolution, revolution and sometimes, what I call “retro revolution,” which happens when old methods have new applications. All three are in play in the world of Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Trump Unnerves Fracking Chiefs While Obama Admin Supports It

One would hardly expect an official from Obama’s administration, which has dedicated a lot of work to curbing the harmful effects of fracking on the environment and public health, to Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple
Category:
  • Prices
  • USA

USGC gasoline prices recede from 2016 highs after storm fears subside: trade

US Gulf Coast gasoline differentials continued to fall in early trading Tuesday as the market cools off from “unsustainably strong” levels last week, traders said. Conventional gasoline on the Gulf Continue Reading

Posted On : 31 Aug 2016 Published By : Tom Whipple

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