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Month: December 2017

Category:
  • Pipelines
  • United Kingdom

Ineos says Forties oil pipeline repair timeframe unchanged

The timeframe to repair Britain’s Forties crude oil pipeline in the North Sea remains two to four weeks, its operator Ineos said on Tuesday, adding that repair options were still Continue Reading

Posted On : 19 Dec 2017 Published By : Tom Whipple
Category:
  • Norway

The Beginning Of The End For Norwegian Oil

The demise of the North Sea doesn’t necessarily mean the end of Norway’s petroleum era—far from it. Still, despite significant reserves in the Barents Sea, Norway is about to embark Continue Reading

Posted On : 19 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on ongoing North Sea outage, Nigeria strike

Oil prices rose on Monday amid an ongoing North Sea pipeline outage and because a strike by Nigerian oil workers threatened its crude exports. Signs that booming U.S. crude output Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Bullish or Bearish for Oil Next Year? Here’s What Big Banks Say

Oil is on course for a second annual gain after last month’s decision by OPEC and its allies to extend production curbs in a bid to shrink bloated inventories. While Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

The 5 Oil Factors To Watch In 2018

Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018 Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Coal

Growth in global coal demand subdued over next five years: IEA

Global coal demand will be subdued over the next five years, growing at just 0.5 percent a year, marginally higher than current levels, due to lower consumption in China, the Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Renewables

The Secret To Replacing Fossil Fuels

When it comes to renewables, skeptics tend to point out the lower efficiency rates as opposed to fossil fuels, the high costs, and the dependence on subsidies for making a Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Peak Oil
  • Renewables

The myth of a fossil fuel phase-out

How the world uses energy is a hot topic for a warming planet, and fears of pollution and resource strain have produced a virtual arms race of energy-efficiency strategies. From Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Chris Martenson: The Great Oil Swindle

When it comes to the story we’re being told about America’s rosy oil prospects, we’re being swindled. At its core, the swindle is this: The shale industry’s oil production forecasts Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigerian oil union begins nationwide strike

One of Nigeria’s largest oil unions launched a nationwide strike on Monday over the laying off of its workers, its general secretary said. The Petroleum and Natural Gas Senior Staff Continue Reading

Posted On : 18 Dec 2017 Published By : Tom Whipple

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