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Month: September 2017

Category:
  • OPEC

Exclusive: India to bid for Israel oil-and-gas exploration blocks – minister

Indian state-run Oil and Natural Gas Corp plans to bid for Israeli offshore oil-and-gas exploration blocks, India’s oil minister told Reuters, the first major deal between the two countries since Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • OPEC

Coal crunch sees China’s rustbelt exposed to risk of winter power, heat cuts

China’s northeastern industrial heartland may face winter power and heating cuts after authorities in Beijing spurned requests from provincial providers for help securing coal supplies after two major mines were Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Oil Supply

Ship traffic could resume Tuesday at Port Arthur, Texas: U.S. Coast Guard

The U.S. Coast Guard on Monday allowed some barge traffic to enter Port Arthur, Texas, home of the country’s largest oil refinery, and is considering allowing ships to enter on Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Refining

Valero Port Arthur refinery restarting multiple units: filing

Valero Energy Corp was restarting multiple units at its 335,000 barrel per day (bpd) Port Arthur, Texas, refinery on Monday, according to a notice filed with the Texas Commission on Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Canada

Insolvencies Jump In Canada’s Oil Country

Canada’s oil-producing regions saw the highest increase in insolvencies over the 12 months to June 2017, according to the latest insolvency report by the federal government. Total insolvencies in Alberta Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Shale Oil

These Numbers Suggest Yet Another Surge In The Permian

The Permian is the heart of modern oil and gas activity, with well over 300 rigs operating and tremendous growth set to continue. But companies need to continuously drill new Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Oil Supply

U.S. Oil Inventories Set To Spike After Hurricane Harvey

The people along the coast of Texas are trying to assess the implications of the toxic stew that Hurricane Harvey unleashed, with exploding chemical plants and flooded superfund sites threatening Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Gas: About 8.1% of Gulf of Mexico output remains offline

Houston and the Gulf Coast region of Texas continued to dry out Monday following the days of historic flooding that Harvey delivered. The storm made landfall as a hurricane, but Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Russia

Gazprom’s Gas Dominance Grows In Europe

It is doubtful that there could be a less appropriate time to increase Russian gas exports to Europe, yet that is exactly what Gazprom is doing. Despite sanctions from both Continue Reading

Posted On : 5 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Brent crude oil falls after North Korea nuclear test

Oil prices fell on Monday after a powerful North Korean nuclear test explosion triggered a flight of investors away from crude markets and into gold futures, which are seen as Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple

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