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Month: December 2017

Category:
  • Venezuela

Venezuela’s impact on oil markets could be worse than expected: RBC

Oil traders expecting steep production losses from Venezuela are likely to be underestimating the severity of the country’s crisis, according to analysts at RBC Capital Markets. In a research note Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Fuel Scarcity – Lagos Gets 300 Petrol Trucks, Abuja 170

The Nigerian National Petroleum Corporation, NNPC, on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Mexico

Mexican Protesters Dig Up Part of a $400 Million Pipeline

Sempra’s natural-gas deliveries halted by indigenous group It’s deja-vu for Mexican planners beset by local opposition A chunk of Sempra Energy ’s natural gas pipeline sits in the dirt behind Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Australia
  • Climate

BHP defends climate positions and Paris support

A day after the U.S president broke away from a climate precedent, Australian miner BHP said it may leave industry groups because of its stance on the Paris deal. In Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Offshore

Offshore oil searches are coming back to fashion – just not in Asia

Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia. That’s despite Asia being the world’s biggest consumer of Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Coal

The Climate for Coal Just Got Even Chillier

It’s been a pretty good 18 months for the coal industry following the disastrous price crash of 2015, but on Tuesday miners got a big lump in their stockings. BHP, Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • China

Chinese growth gives support to oil prices

An assessment that China’s economy was in a steady pattern of growth and repair assessments on a North Sea pipeline system sent oil prices higher on Tuesday. China is the Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • China

China suffers natural gas shortage as coal ban backfires

AP reported that Chinese authorities have commandeered supplies of natural gas to heat homes, disrupting supplies to industry, after efforts to clear the smog-choked air by banning coal use led Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • China

China Orders Big Oil Firms to Cut Own Gas Use to Ease Shortfall

China has ordered the country’s biggest explorers to cut their use of natural gas to divert more of the fuel to the north, where a harsh winter is causing shortages. Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple
Category:
  • Pipelines

Nebraska regulators deny TransCanada request on Keystone XL route

Nebraska regulators on Tuesday denied TransCanada Corp’s request to amend its route application for the proposed Keystone XL pipeline through the U.S. state, a potential setback for the company as Continue Reading

Posted On : 20 Dec 2017 Published By : Tom Whipple

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