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Month: December 2017

Category:
  • Mexico

Oil Majors Interested in Mexican Deep-Water Oil Auction

Twenty-nine companies including a bevy of majors are seeking to pre-qualify for bidding in Mexico’s second auction of deep-water oil blocks in the Gulf of Mexico, scheduled for the end Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • North Korea

Security Council Tightens Economic Vise on North Korea, Blocking Fuel, Ships and Workers

The United Nations Security Council placed new sanctions on North Korea on Friday that significantly choke off fuel supplies and order North Koreans working overseas to return home, in what Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • LNG

China’s LNG imports hit monthly record in November amid gas supply crunch

China’s imports of liquefied natural gas (LNG) jumped to a monthly record in November as residential and industrial demand surged in line with Beijing’s drive to promote use of gas Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • USA

Harvey didn’t derail Houston’s economy

Hurricane Harvey caused around $70 billion in direct damage and 22,000 lost jobs, but didn’t derail long-term economic momentum, a federal reserve bank said. Hurricane Harvey hit the southern coast Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Canada agrees to monitor oil sands impact

Monitoring the potential environmental impacts of oil sands development using the best available science is a Canadian priority, officials said. A federal report from 2015 finds there to be consistent Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Ukraine’s Naftogaz: court win over Gazprom worth over $75 billion

Ukrainian state-owned energy firm Naftogaz said on Friday the total savings from its win over Russia’s Gazprom at an arbitration court in Stockholm over natural gas sales will be more Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

Russia backs gradual, managed exit from oil cuts with OPEC

OPEC and Russia will exit from oil production cuts very smoothly, possibly extending the curbs in some form so as not to create any new surplus in the market, the Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • France
  • Renewables

French company ENGIE lays out 5.2 GW renewable goal

Another 500 megawatts of onshore wind and solar power will be in the portfolio of a French joint venture, energy company ENGIE said Friday. ENGIE said its joint venture with Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • Norway

Oil Firms To Boost Drilling In Norway’s Mature Offshore Areas In 2018

Following a discouraging 2017 Arctic exploration campaign, oil companies plan to nearly double exploration drilling offshore Norway with a focus on more mature areas of the Norwegian Continental Shelf (NCS), Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Ukraine and Russia both claim victory in gas dispute

Ukraine’s Naftogaz and Russia’s Gazprom both claimed victory on Friday in a long-running gas dispute, each saying a Stockholm court had ruled in its favor over a gas contract. The Continue Reading

Posted On : 23 Dec 2017 Published By : Tom Whipple

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