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Month: June 2017

Category:
  • Nigeria
  • Oil Supply

Nigerian crude oil exports threaten market balance

The resumption of operations at a crude oil export terminal in Nigeria could lead to stronger output from the OPEC member, industry analysts say. File photo by Pavel Shlykov/Shutterstock June Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • Iraq
  • USA

U.S. Begins Importing Iraqi Oil

The United States has begun importing Iraqi oil at a rate of 1.1 million barrels per day to replace export cuts announced by Saudi Arabia late last month , new Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • Iraq

Rising insurgency hits Diyala, despite security efforts

Significant uptick in past four days IS safe havens in rural and mountainous areas from Tuz Khurmatu to Naftkhana Proximity to Baghdad concerns security officials Hamrin field wellheads and electricity Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Shell Reopens Forcados Terminal for Crude Export

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) operator of the Shell/NNPC Joint Venture on Tuesday lifted the 17 months force majeure placed on Forcados Export Terminal following the Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Militants Threaten to Resume Bombing of Oil Facilities in Delta

Warri — A militant group, New Delta Avengers, yesterday vowed to resume disruption of oil exploration activities in Delta State. The militants declared “Operation Cripple Oil and Gas Production’ saying Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • India

India’s Rising Temperatures Are Deadly: Study

India is now two and a half times more likely to experience a deadly heat wave than a half century ago, and all it took was an increase in the Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • Japan
  • Russia

Gazprom considering Japanese gas pipeline

Japan could start getting a secure line for natural gas from Russia if the conditions are right, Russian energy company Gazprom said. Photo by Stephen Shaver/UPI June 8 (UPI) — Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • China

Chinese oil imports up more than 10 percent

Crude oil deliveries to China on the rise and means the second-largest economy in the world is the top crude oil importer. Photo by Pepj/Shutterstock June 8 (UPI) — Customs Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • China

China’s Crude Demand Soars As Maintenance Season Comes To An End

Thanks to a 13 percent surge in crude imports (as refiners prepare for maintenance season), China’s trade surplus hit its highest since Jan (though -4 percent YoY). Imports (+14.8 percent Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple
Category:
  • China

China’s coal imports in May rise 17% on year to 22.19 million mt

China imported 22.19 million mt of coal — including lignite, thermal and metallurgical coal — in May, down 10.45% from the 24.78 million mt imported in April but up 16.61% Continue Reading

Posted On : 9 Jun 2017 Published By : Tom Whipple

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