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Month: April 2017

Category:
  • Venezuela

Venezuela opposition seeks to strain security forces with protests

Venezuela’s opposition was rallying across the nation on Thursday as part of a bid to strain security forces by staging anti-government protests in each of the volatile country’s 335 municipalities. Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • China
  • North Korea

China Ready To Cut Oil Supplies To North Korea

Beijing’s patience with North Korea is wearing thin as Pyongyang continues to conduct nuclear missile tests. According to a state Chinese media outlet, Huanqui, China is considering a suspension of Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • North Korea

For North Korea, Cutting Off Oil Supplies Would Be Devastating

Isolated North Korea doesn’t consume much oil, but curbing or cutting off its supplies in retaliation for further nuclear or long-range missile tests would be painful and potentially destabilising to Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • USA

Gas at $3 per gallon could hurt U.S. economy

The U.S. national average price for a gallon of gasoline would need to move close to $3 before it starts having a negative economic impact, an analyst said. U.S. retail Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China’s Electric Vehicle Market Is Unbeatable

Ford Motor Co. just announced an ambitious electrification strategy for China. The global Mondeo sedan will see the Mondeo Energy plug-in hybrid launched there early next year, followed by an Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • USA

U.S. Oil Rig Count Hits 2 Year High

This week’s Baker Hughes rig count has oil rigs up by 11, with a majority of the growth occurring in the Permian Basin in Texas and New Mexico. The number Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Shale Oil

ConocoPhillips Sells San Juan Basin Assets For $3B

ConocoPhillips, the largest U.S. independent oil producer, said on Thursday it would sell natural gas-heavy assets in San Juan basin to privately held Hilcorp Energy Co for about $3 billion. Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Dakota Access Pipeline to start interstate service May 14

The controversial Dakota Access Pipeline will begin interstate crude oil delivery on May 14, according to a filing with the U.S. Federal Energy Regulatory Commission. Energy Transfer Partners LP on Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Bankers’ Fading Fear of Oil Lending Is Latest Boon for Shale

JPMorgan, Wells Fargo, Citigroup cut reserves amid oil rise Banks release $370 million loan provisions in first quarter Wall Street banks’ growing optimism about the energy industry is the latest Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Solar

Solar Installers Struggle as Panels Become Cheap Enough to Own

Solar panels are more affordable than ever for U.S. homeowners, and that is bad news for the biggest players in the industry. The price of solar panels dropped by 20% Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple

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