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Month: July 2017

Category:
  • Australia
  • USA

BP ships diesel from the U.S. to Australia in unusual move

Oil major BP Plc is shipping diesel from the United States to Australia in an unusual shipping flow, several industry sources told Reuters on Thursday. The Jupiter Express carrying about Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • China

China crude oil imports hold at strong levels in June

China imported 36.11 million tonnes, or 8.79 million barrels per day (bpd) of crude oil in June, customs data showed on Thursday, again making the country the world’s top buyer Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Mexico

Mexico Awards 21 Oil and Gas Blocks in Two Auctions

The Mexican government on Wednesday awarded 21 oil and gas blocks across the country in two auctions which put private-sector interest in developing gas in Mexico to the test. In Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s June coal imports fall 3% on year to 21.6 million mt

China imported 21.6 million mt of coal in June, including lignite, thermal and metallurgical material, down 2.66% from May and a marginal 0.68% lower year on year, according to preliminary Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Big Michigan business concerned by Enbridge oil pipeline

Voices from the lucrative craft brewing industry in Michigan and the state cherry industry joined the chorus expressing concern about an Enbridge oil pipeline. “We have oil that’s coming from Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. on track to be world’s No.2 LNG exporter by end-2022: IEA

LONDON (Reuters) – The United States is on track to have capacity to become the world’s second largest exporter of liquefied natural gas (LNG) by the end of 2022, just Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the Week Ending July 7, 2017

U.S. crude oil refinery inputs averaged over 17.2 million barrels per day during the week ending July 7, 2017, 103,000 barrels per day more than the previous week’s average. Refineries Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Is Wall Street Funding A Shale Failure?

The latest figures from the EIA show that despite some hiccups, the shale rebound is still on track. Last week, the sharp drawdown in inventories made headlines, but buried within Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Nuclear

Trump Sparks Fight Over Nuclear Mountain

Nuclear power experts have proposed taking the disposal and storage of nuclear wastes out of the hands of the Federal government and placing it with a new corporate entity. The Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. crude stockpiles drop the most since September: EIA

U.S. crude oil inventories last week dropped the most in ten months, falling more than expected as imports declined and refining rates rose, while gasoline stocks decreased although demand remained Continue Reading

Posted On : 13 Jul 2017 Published By : Tom Whipple

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