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Month: February 2017

Category:
  • Norway

Norway Doubles Down On Arctic Oil

While Canada and the U.S. ban Arctic drilling for oil and gas motivated by environmental concerns, and majors such as Shell pull out of their Arctic projects due to financial Continue Reading

Posted On : 21 Feb 2017 Published By : Tom Whipple
Category:
  • International Oil Companies

Shell Shakes Up Oil Trading World With Brash Buying Sprees

The giant tankers anchored along the Scottish coast in the Firth of Forth weren’t going anywhere. They were just providing floating storage because there was no demand for their cargo, Continue Reading

Posted On : 21 Feb 2017 Published By : Tom Whipple
Category:
  • Prices

Oil edges up, but U.S. drilling drags on prices

Oil prices rose on Monday, but gains were minimal as investors gauged whether an increase in U.S. drilling and record stockpiles would undermine efforts by producers to cut output and Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Hovers in Tight Trading Range Amid Global Supply Tug-of-War

Oil held above $53 a barrel, after spending last week in the smallest trading range in 13 years, as investors weighed rising U.S. drilling activity against OPEC production cuts. Futures Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Iraq

Iraqi forces battle their way toward Mosul airport

U.S.-backed Iraqi forces fought Islamic State fighters on Monday to clear the way to Mosul’s airport, on the second day of a ground offensive on the jihadists’ remaining stronghold in Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Iraq

US Defense Secretary Mattis: No plan to seize Iraqi oil

U.S. Defense Secretary Jim Mattis said Monday the United States does not intend to seize Iraqi oil, shifting away from an idea proposed by President Donald Trump that has rattled Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • China
  • Coal
  • North Korea

China’s North Korea import ban the latest gyrating coal policy: Russell

Coal markets could be forgiven for feeling slightly confused about the recent signals coming out of top importer China, with both bullish and bearish developments in evidence. The most obvious Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Texas Oil Fields Rebound From Price Lull, but Jobs Are Left Behind

In the land where oil jobs were once a guaranteed road to security for blue-collar workers, Eustasio Velazquez’s career has been upended by technology. For 10 years, he laid cables Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Electric Cars

Is Big Oil Underestimating Autonomous Vehicles?

Companies like Tesla, Uber and Google have sparked a lot of interest in the roll out of autonomous vehicles (AVs), or driverless cars, and while it is still early days, Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple
Category:
  • Air Quality

Study links PM2.5 pollution with millions of preterm births globally

A new study, led by a team from The Stockholm Environment Institute (SEI) at the University of York, has found that in 2010, about 2.7 million preterm births globally—or 18% Continue Reading

Posted On : 20 Feb 2017 Published By : Tom Whipple

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