China’s Economy Cools Again
The pace of China’s economic expansion unexpectedly cooled further last month after a lackluster July, as factory output, investment and retail sales all slowed. Key Points Industrial output rose 6.0 Continue Reading
China’s environmental crackdown hits August metals output
A worker cuts metal at a scrap metal stall at a recycling yard at the edge of Beijing, China, October 20, 2016. REUTERS/Thomas Peter BEIJING (Reuters) – China’s non-ferrous metal Continue Reading
With high-performance cells, China takes aim at high-end solar market
China, blighted by pollution and long known for churning out cheap manufactured goods, is looking to dominate the high-end of a major growth market: solar power. Under a new program, Continue Reading
Summary of Weekly Petroleum Data for the Week Ending September 8, 2017
U.S. crude oil refinery inputs averaged 14.1 million barrels per day during the week ending September 8, 2017, 394,000 barrels per day less than the previous week’s average. Refineries operated Continue Reading
Schlumberger’s Gamble Could Change Oilfield Services Forever
The world’s largest oilfield services firm has decided that it should take an ownership stake in upstream oil and gas production, rather than simply provide the services for doing so. Continue Reading
Alberta Wildfires Shut Down 24 Shell Gas Wells
Wildfires raging in southwestern Alberta have prompted Shell to shut down 24 natural gas wells and pipelines around them, Canadian media reported, adding that other companies, including Questfire Energy and Continue Reading
US motor gasoline stocks in record drop on hurricane fallout
Stocks of US motor gasoline dropped by the most on record as suppliers drew from tank storage to replace gallons lost from oil refineries sidelined by hurricane Harvey. Levels of Continue Reading
Agency votes to begin effort to ban fracking, horizontal drilling in US basin
A joint federal-state commission on Wednesday voted to move ahead with a rulemaking that would prohibit horizontal drilling and hydraulic fracturing across a large swath of eastern Pennsylvania, as well Continue Reading
Tankers: Jones Act waiver spurs flurry of vessel bookings on USGC/USAC-Florida run
The seven-day Jones Act waiver announced Friday by the Department of Homeland Security in recognition of the severity of Hurricanes Harvey and Irma prompted a flurry of fixing activity for Continue Reading
US weekly coal carload volume declines persist into September: AAR
US coal carload volumes have dipped for three straight weeks since climbing to a 2017 high, according to data released Wednesday by the Association of American Railroads. For the week Continue Reading