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Month: December 2017

Category:
  • China
  • LNG

China’s CNOOC Spends Big In Panic Hoard of LNG

Chinese state-owned company CNOOC, the country’s largest importer of liquefied natural gas (LNG), has leased two tankers to store emergency LNG supplies offshore, spending US$10 million on the plan, as Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • Electric Ships

China Launches World’s First All-Electric Cargo Ship

China just launched its first all-electric cargo ship, which will travel 50 miles at a top speed of 8 miles per hour on a single charge. Though it will be Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • Coal

China heating crisis prompts coal U-turn

Many Chinese families use coal to heat their homes China’s government has allowed some northern cities to burn coal in a temporary policy U-turn, as the country faces a heating Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s November coal imports down 18.24% on year to 22.05 million mt

China imported 22.05 million mt of coal in November, including lignite, thermal and metallurgical material, up 3.62 % from October but down 18.24% year on year, according to preliminary data Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Chevron boasts of U.S. shale, but spending more elsewhere

While lauding the opportunities in the Permian shale basin in Texas, Chevron said it would spend more on projects already underway, such as in Kazakhstan. Chevron said it planned to Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • Arctic
  • USA

Democratic leaders, indigenous groups, say ‘no’ to Alaskan drilling

Alaskans who rely on the state’s pristine resources for survival don’t want the drilling outlined in the Republican tax bill, members of the indigenous community said. A $1.4 trillion, 479-page Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • Coal
  • USA

GE’s Power Division to Eliminate 12,000 Jobs After Misjudging Demand

Workers on a gas-turbine assembly line at the General Electric plant in Greenville, S.C., on Jan. 10, 2017. General Electric Co. said Thursday it was cutting 12,000 jobs in its Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. liquefied natural gas exports have increased as new facilities come online

Natural Gas Monthly (data for October and November 2017 are EIA estimates based on tanker loads) In August 2017, total U.S. natural gas liquefaction capacity in the Lower 48 states Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • Solar

The Solar Tech That Is Making Cleaner Oil

It’s clear: fossil fuel majors from around the world are preparing to redefine their core competency from oil and gas extraction to “energy” provision over the next few decades. In Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • International Oil Companies
  • Shale Oil
  • USA

Chevron Cuts Total 2018 Capex, Boosts U.S. Shale Investment

Chevron Corporation plans to cut its total capital and exploratory budget for a fourth consecutive year in 2018—to $18.3 billion, compared to the $19.8 billion that it planned for this Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple

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