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Month: July 2017

Category:
  • OPEC
  • Saudi Arabia

China, India oil imports show Saudi Arabia is already carrying the burden of cuts:

Saudi Arabia wants to do more to boost crude oil prices by taking a razor to its exports, but the kingdom is already doing much of the heavy lifting in Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Coal

After China-induced price spike, coal set to resume long-term decline

Coal prices’ march to eight-month highs, driven by China’s huge appetite for power consumption, looks like an interlude in a longer-term decline and is seen losing traction later this year. Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • China

China’s crude oil imports to exceed 400 million tonnes this year: Sinopec executive

China’s crude oil imports will exceed 400 million tonnes this year, said an executive at a Chinese state oil giant on Tuesday, as continuing low oil prices and declining domestic Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Australia

EnergyQuest: Australia achieves record LNG exports in 2016-17

Australia exported a record volume of 51.4 million tonnes of LNG during the 2016-17 financial year, according to figures just released by energy consultancy EnergyQuest, Adelaide. It is the first Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Shale Oil

New Regulations May Come As A Rude Awakening For Oil Companies

An agency little-known outside accounting circles recently issued draft rules to change the standards which govern the verification of the year-end oil and gas reserves of public companies. The change Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Anadarko Blinks First In The Shale Standoff

As a reminder, in his latest letter to investors , Clark said that “the rising decline rates of major US shale basins, and the increasing incidents of frac hits (also Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Solar
  • Wind

Researchers Have Been Underestimating the Cost of Wind and Solar

How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Canada

A Worldwide Gas Glut Claims $27 Billion Victim in Canada

Petronas drops high-profile LNG plans in British Columbia Plummeting prices threaten projects from Australia to Russia A $27 billion energy project in Canada just became the latest casualty of a Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Ukraine
  • USA

U.S. energy secretary duped into fake interview with Russian comedians

U.S. Energy Secretary Rick Perry optimistically discussed expanding American coal exports to Ukraine and other energy matters during a lengthy phone call this month with a Russian prankster who Perry Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple
Category:
  • Shale Oil

While Oil Patch Bleeds, Gas Drillers Race to Unleash Wells

Backlog of unused wells in Northeast plunges and output soars Price gains, new pipes have gas drillers letting wells loose Oil prices have been lousy for so long that U.S. Continue Reading

Posted On : 26 Jul 2017 Published By : Tom Whipple

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