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Month: September 2017

Category:
  • Saudi Arabia

Saudi to supply full crude allocations to most Asian refiners: sources

Saudi Arabia will supply full contracted volumes of crude oil to at least five north Asian term buyers in October, while a sixth regional refiner was notified of cuts to Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • Nigeria

Niger Delta Militants Rescind Threat Against Oil Majors

A coalition of militants in the Niger Delta who had previously vowed to attack Nigerian oil and gas pipelines if their demands were not met by October 1 st , Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • India
  • LNG

ExxonMobil slashes LNG price to India in bad omen for producers

India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp (XOM.N) in a rare contract renegotiation, a bad sign for producers Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China developing timetable to end sales, production of gasoline cars

The auto industry has now grudgingly accepted that battery-electric cars will make up some portion of the world’s new vehicles in years to come. But a milestone in that trend Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China looks at plans to ban petrol and diesel cars

China wants more electric cars on the road to fight pollution China, the world’s biggest car market, plans to ban the production and sale of diesel and petrol cars and Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China’s Electric Car Push Lures Global Auto Giants, Despite Risks

Volkswagen, the German auto giant, is preparing for a swift expansion in its output of electric cars next year — and the biggest jump in production will be in China. Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • Refining

Refiners Boost Output, But Irma Could Dent Demand

Texas continues to recover from Hurricane Harvey, and many of the disrupted refineries are ramping up production once again. But the ripple effects from the outages are still being felt, Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • Offshore

Hurricane Season Weighs On Gulf Of Mexico Production

Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • USA

Irma knocks out power to nearly four million in Florida: utilities

Hurricane Irma knocked out power to nearly 4 million homes and businesses in Florida on Sunday, threatening millions more as it crept up the state’s west coast, and full restoration Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple
Category:
  • USA

Irma Knocks Out Power to Millions of Customers in Florida

Downed power lines, felled trees, branches, and other debris litter Naples, Fla. Hurricane Irma knocked out power to close to five million customers in Florida as of late Sunday evening, Continue Reading

Posted On : 11 Sep 2017 Published By : Tom Whipple

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