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Month: September 2017

Category:
  • Venezuela

Venezuela publishes oil prices in Chinese currency to shun U.S. dollar

Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Venezuela

Citgo Petroleum says credit profile ‘strong’ as U.S. sanctions bite PDVSA

Venezuelan state-oil firm PDVSA’s refining unit in the United States, Citgo Petroleum [PDVSAC.UL], on Friday said its credit profile remains “strong and stable,” with over $1 billion in excess open Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Nuclear
  • South Korea

South Korea To Begin Phasing Out Nuclear Plants

South Korea is eyeing independence from nuclear energy, to be implemented gradually over the next six decades, as it seeks to switch to safer clean energy sources. The country’s Trade, Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • China
  • Mexico

China’s CNOOC Begins Oil Partner Hunt in Mexico Deep Waters

Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach. After bidding alone for exploration rights Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Pipelines

Natgas pipeline builders hail U.S. okay of blocked New York project

Energy traders and natural gas pipeline companies on Friday hailed a U.S. federal regulator’s decision to overturn New York’s denial of a water permit for building the Millennium Pipeline in Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Beaumont port still restricted after Harvey

While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil’s refinery there, shipping sources said. Beaumont’s port Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Canada
  • Pipelines

Trans Mountain oil pipeline in Canada short on safeguards

The parties behind the Trans Mountain oil pipeline to Canada’s western coast haven’t yet completed what they need to for the environment, a regulator found. The National Energy Board approved Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Arctic

Trump administration working toward renewed drilling in Arctic National Wildlife Refuge – The Washington Post

The Trump administration is quietly moving to allow energy exploration in the Arctic National Wildlife Refuge for the first time in more than 30 years, according to documents obtained by Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Prices
  • USA

Hurricanes Harvey and Irma lead to higher gasoline prices in Florida

Gasoline and Diesel Fuel Update Note: Prices for Miami, Florida, are unavailable for September 11, 2017 because of insufficient survey responses. Hurricane Irma significantly disrupted gasoline markets in Florida, first Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Pipelines

Protesters Jailed Over Natural Gas Pipeline Protest In Virginia

Nineteen protestors were arrested during a protest in Richmond, Virginia, against the construction of the Atlantic Coast and Mountain Valley natural gas pipelines. The demonstration of roughly 40 people occurred Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple

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