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Month: December 2017

Category:
  • Colombia

Colombia begins importing bulk LPG as natural gas reserves, output fall

Colombia has begun receiving is first sustained imports of bulk liquid propane gas, with volumes expected to rise significantly in the coming years as the country’s natural gas reserves and Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • China

ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

 The Asian Development Bank’s (ADB) Board of Directors approved a €428-million ($499-million) loan to set up a regional emission-reduction and pollution-control facility as part of a multiyear and multisector support Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Arctic
  • USA

Alaska oil companies settle dispute over Trans-Alaska Pipeline tariff charges

 The state of Alaska will receive hundreds of millions of dollars in a settlement with oil companies over the value of North Slope crude oil shipped through the Trans-Alaska Pipeline Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • USA

U.S. Oil Rig Count Dips, Ending 5 Week Streak

While OPEC is busy shackling its members’ production to its lowest level in six months, US oil and gas drillers have been rolling up their sleeves and diving into the Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Looks Beyond The Sweet Spots

Although the start to 2017 saw wavering optimism from U.S. oil and gas, healthier corporate balance sheets, improved well economics, and capital continuing to flow into the sector, are setting Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Canada
  • Railroads

Canadian Producers Struggle To Find Transport Oil Cargo

“It’s hard for the railroads to change their operating plan really quickly,” Steve Owens, rail analyst at IHS Markit, said in a phone interview with World Oil. “There are equipment Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Electric Cars
  • Solar

Tesla Opens New Showroom In NYC

Tesla is opening on Friday a brand-new showroom in New York where it will sell cars, batteries, and solar panels all under one roof, and the new store opening incidentally Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

North Dakota oil output jumped more than 78,000 b/d in October: state

North Dakota oil production averaged nearly 1.19 million b/d in October, up more than 78,000 b/d from September and the highest average output since August 2015, bolstered by the OPEC Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Biofuels

It’s Final — Corn Ethanol Is Of No Use

OK, can we please stop pretending biofuel made from corn is helping the planet and the environment? The United Nations Intergovernmental Panel on Climate Change released two of its Working Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Fracking drives US oil exports to record high

The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down. You name it – crude oil, gasoline, diesel, propane and Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple

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