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Month: December 2017

Category:
  • Population

Half the world’s population reaching below replacement fertility

According to the most recent UN estimates (United Nations 2017), almost one half of the world’s population lives in countries with below replacement fertility (BRF), i.e. with a total fertility Continue Reading

Posted On : 28 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Rise to Two-Year Highs

Oil prices rose to their highest levels in 2½ years Tuesday following a pipeline explosion in Libya, the latest disruption to supplies in an already tightening market. U.S. crude futures Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil remains near 2015 highs on tight market outlook

Oil prices on Wednesday remained near two-and-a-half-year highs from the previous session as the market outlook for 2018 is relatively tight, although the gradual resumption of flows through a major Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Jumps to Highest Since Mid-2015 on Libya Blast, Saudi Budget

Libya’s output seen declining up to 100,000 b/d on explosion Saudis are said to see $75 prices boosting revenue 80% by 2023 A pipeline blast in Libya and a bullish Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply

Was 2017 the Year that the Tide finally Turned against Fossil Fuel Projects?

Last week AXA announced its sell off of €700m of tar sands investments from its balance sheets, covering 25 tar sands companies and 3 major pipelines projects. Thomas Buberl, the Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Iraq
  • OPEC

Oil Market Will Rebalance By March: Iraqi Minister

With what has now become habitual optimism, the Iraqi oil minister, Jabar al Luaibi, said he expected the global oil market to rebalance by the end of the first quarter Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Egypt
  • Natural Gas Supply

A New Era For Oil And Gas Majors

Two and a half years ago, analysts asked when Italy’s Eni would be able to start producing gas from the giant Zohr field offshore Egypt. The overwhelming majority said this Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Fuel Scarcity – Fayose Calls for Buhari’s Resignation

The Ekiti State Governor, Ayodele Fayose, has reacted to the persistent fuel scarcity in the country and called on President Muhammadu Buhari to resign for failing to ending the crisis. Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • Venezuela

Twenty-eight arrests after Venezuela looting, violence

 Venezuelan authorities said on Tuesday they had arrested 28 people in southern Bolivar state for looting and disorder over Christmas in the latest unrest during a severe economic crisis. There Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • India

India challenges China as world’s biggest LPG importer

India is set to surpass China as the biggest importer of liquefied petroleum gas (LPG) this month as a drive to replace wood and animal dung fires for cooking boosts Continue Reading

Posted On : 27 Dec 2017 Published By : Tom Whipple

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