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Month: March 2017

Category:
  • China
  • Coal

China will not force big coal output cuts if prices reasonable: NDRC

China will not force coal mines to cut output on a large scale if prices remain within a reasonable range, the country’s state planner said on Tuesday, the latest comments Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Australia

Australia Gas Firms Locked in Legal Battles After $200 Billion Spree Sours

After splurging $200 billion building the world’s biggest gas export plants, producers in Australia are now locked in legal battles with contractors over who should shoulder billions of dollars in Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Refining

Exxon to invest $20 billion on U.S. Gulf refining projects

Exxon Mobil Corp ( XOM.N ), the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand chemical and refining plants on Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Refining

Exxon Is Steering Its Construction Dollars Back to U.S.

Exxon Mobil Corp. is spending $20 billion through 2022 to expand its chemicals and fuel-making capacity in Texas and Louisiana to transform U.S. shale oil and natural gas into products Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Refining

U.S. Oil Industry Becomes Refiner to the World as Exports Boom

When PBF Energy Inc . scooped up a refinery from Exxon Mobil Corp. on the Mississippi River in 2015, it wasted no time sprucing up the plant with an eye Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Water

Rains Expose a New Water Problem in California: Storage

Since the beginning of the year, enough water has spilled out of California’s rain-swollen Lake Oroville to meet the demands of roughly 14 million people for a year. With no Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Shale Oil

The Cheap Resource That Worries Oil Shale Drillers

Most Silicon Valley companies would kill for the sorts of gains made by sellers of plain old silicon. Even after a recent selloff, leading producers of sand used by oil Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • USA

Electricity Consumption Continues To Fall

Electricity sales in 2016 fell, the sixth year in the past ten in which America’s electricity users managed to do with less. Industrial firms made the sharpest cuts in their Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Coal
  • USA

Coal exports from Hampton Roads, Virginia, continue to climb in February

Coal exports from terminals in Virginia’s Hampton Roads region totaled 2.8 million st in February, up 8.2% from the prior month and up 50.7% from the year-ago month, according to Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple
Category:
  • Shale Oil

The Future of US Light Tight Oil (LTO)

The future output from the light tight oil (LTO) sector of the US oil industry is the subject of much speculation. Above I present some possible future output scenarios based Continue Reading

Posted On : 7 Mar 2017 Published By : Tom Whipple

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