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Month: January 2018

Category:
  • Iraq

Oil Ministry rebuffs Parliament order against KAR

Despite a non-binding Parliament vote, the ministry indicated it will take a practical approach to continue working with the Iraqi Kurdish company enmeshed in northern Iraq’s oil sector. Acting Kirkuk Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Shadows picked up by satellites suggest Saudi Arabia underreported its oil stores last year

Satellite imagery of two of Saudi Arabia’s largest oil refineries suggests the kingdom may have underreported its oil stores in the first half of 2017. Satellite images gathered by the Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Uganda

Uganda: World’s Longest Heated Crude Oil Pipeline Almost Complete

The East African Crude Oil Pipeline is has already been completed and it holds great opportunities businesses can benefit from. Among the partners that played a role to make the Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Kazakhstan

Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field

Moldovan businessman Anatolie Stati will ask courts to sell US$5.2 billion worth of a stake in Kazakhstan’s biggest oil field, Kashagan, held by a Kazakh sovereign wealth fund if Kazakhstan Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • India
  • OPEC

Soaring Indian Oil Demand Grabs OPEC’s Attention

Last week, we discussed changing trends in Iraqi crude flows into Asia . Total deliveries of OPEC crude to China rose last year by 300,000 bpd, as cartel members looked Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • USA

Coal mining executive blasts U.S. regulators for rejecting subsidies

 Robert Murray, the chief executive one of America’s largest coal mining companies, criticized U.S. regulators on Tuesday for rejecting the Trump administration’s proposed subsidies for aging coal and nuclear power Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. gas prices stable, even with winter-weather strains

Severe winter weather put a strain on the U.S. energy grid, but low consumer demand for gasoline left the price at the pump stable, market reports found. More than a Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Solar

Tesla Begins Mass Production Of Solar Shingles

Bloomberg . Musk introduced the concept to industry leaders and brand fans last year. The shingles are topped with a strong glass that allows light to pass through to specially Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Climate

Exxon Accuses California Of Climate Change Hypocrisy

Exxon has called out a deliberate discrepancy between statements made by several California municipalities and cities in lawsuits against it and more than a dozen other energy companies, and information Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US oil output to average 10.27 million b/d in 2018, 10.85 million b/d in 2019: EIA

US oil production will average a record-setting 10.85 million b/d in 2019, an increase of 1.55 million b/d compared with 2017, despite expectations of increases of just $6.64/b and $7.28/b Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple

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