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Month: September 2016

Category:
  • Climate
  • USA

California extends most ambitious US climate change law

Gov. Jerry Brown extended the nation’s most ambitious climate change law Thursday by another 10 years as California charts a new goal to reduce carbon pollution. The Democratic governor signed Continue Reading

Posted On : 9 Sep 2016 Published By : Tom Whipple
Category:
  • Wind

Super-tall wind turbines installed offshore Britain

Turbines installed in Liverpool Bay at 640 feet tall are the largest of their kind in the world, Danish company DONG Energy said. The company announced it installed the first Continue Reading

Posted On : 9 Sep 2016 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Gazprom gets permits for Turkish gas pipeline

Russian energy company Gazprom said it received the first permits from the Turkish government to start implementing a new natural gas pipeline project. Through “diplomatic channels,” the Russian company said Continue Reading

Posted On : 9 Sep 2016 Published By : Tom Whipple
Category:
  • Prices

Oil extends gains after big U.S. crude stock draw

Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • OPEC
  • Prices

Can An OPEC Deal Influence Oil Prices At All?

Offshore Oil Rig Saudi Arabia and Russia announced their cooperation to stabilize global oil markets, and while crude oil jumped on the news, it quickly gave back more than half Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • OPEC
  • Prices

What’s Really Going On With The OPEC Freeze?

Ahead of the OPEC meeting in Algeria, Oilprice.com sat down with Robin Mills, an expert on Middle East energy strategy and economics, to get a clearer view of the forces Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • Prices

Weaker U.S. Dollar Provides Tailwind for Oil Prices

Oil prices rose Wednesday on a slightly weaker dollar despite dwindling hopes for a production freeze agreement between major producers. The November contract for global crude benchmark Brent edged 0.66% Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • Prices

Gas prices slide despite market pressures

Drivers in the United States are seeing the price for retail gasoline slide as area refiners resolve issues and weather threats subside, motor club AAA reports. AAA reports a national Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • Iran

Iran Oil Recovery Lowers Hurdle to Global Deal on Output Cap

NIOC’s Ghamsari says output is shy of 4 million barrels a day Iran’s joining any output freeze is now up to oil minister With Iran’s oil production closing in on Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • OPEC

OPEC’s Crude Is Too Sour for This Oil-Market Upstart

High-sulfur crude not suitable for its refineries: Dongming Chinese refiner gets more than 50% of oil from Africa, Latam OPEC’s biggest producers are playing second fiddle to smaller suppliers in Continue Reading

Posted On : 8 Sep 2016 Published By : Tom Whipple

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