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Month: June 2017

Category:
  • Yemen

Oil Tanker Passing Through Red Sea Attacked By Unknown Militants

An oil tanker passing through the Red Sea near Yemen suffered an attack on Wednesday perpetrated by unknown agents , according to the European Union’s naval forces. The assailants used Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • Venezuela

Anti-Maduro protests rage as OAS meets on Venezuela crisis

Venezuelan security forces used water cannons and teargas to disperse tens of thousands of opposition protesters heading toward the foreign ministry on Wednesday as the Organization of American States held Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • China
  • Climate

China will continue with climate pact even if US pulls out

China said Thursday that it will work with the European Union to uphold the international agreement on climate change even if the U.S. pulls out. President Donald Trump is expected Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • Climate
  • International Oil Companies

Exxon Investors to Company: Make Climate Curb Fallout Public

CEO Woods sees crude oil surviving Paris-driven carbon limits Vote comes amid reports U.S. to abandon Paris Climate Pact Exxon Mobil Corp. investors, in a split with the company, urged Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • Climate

Exxon Suffers Stinging Defeat On Shareholder Climate Resolution

ExxonMobil tried to beat back a move from shareholders to press the company to disclose its vulnerabilities to climate change and climate regulation, but it failed. At its annual meeting Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • USA

Cushing hub’s crude storage shell, working capacity edges lower: EIA

Crude oil storage shell capacity at Cushing, Oklahoma, fell to 90.1 million barrels as of March 2017 from 90.4 million barrels six months ago, data from the U.S. Energy Information Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Has Permian Productivity Peaked?

The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • Nuclear
  • USA

US NRC approves new nuclear unit for Dominion’s North Anna plant in Virginia

Commissioners of the US Nuclear Regulatory Commission voted Wednesday to authorize NRC staff to issue a combined construction permit-operating license to Dominion Virginia Power to build a third power reactor Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

OPEC and Russia Outline Vision for Permanent Oil Alliance

OPEC and Russia added more detail to their vision for a permanent alliance between oil producers currently working to clear a global surplus. When the 24-nation coalition agreed last week Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple
Category:
  • p-
  • Russia

Russia-OPEC Deal Extension Hastens Decline of Oil Heartlands

Output at higher-taxed West Siberian fields is dropping Rosneft, Lukoil pursuing projects with higher-margin barrels Russia’s deal with OPEC has bolstered state coffers by putting a floor under crude prices, Continue Reading

Posted On : 1 Jun 2017 Published By : Tom Whipple

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