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Month: February 2018

Category:
  • Venezuela

Venezuela Launches El Petro Oil-Backed Cryptocurrency

Two months after Venezuelan President Nicolas Maduro surprised analysts and the cryptocurrency world with his idea to launch an oil-backed cryptocurrency, the socialist president said early on Tuesday that Venezuela Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Brazil

Brazil’s Coming Oil Boom Will Weigh On Oil Prices

It has been an appalling few years for Brazil’s energy patch. Weaker oil prices, sweeping corruption scandals and the worst economic downturn ever have sharply impacted the nation’s oil industry Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela tries a cryptocurrency to solve its economic crisis

Venezuela’s economy on the brink of collapse Venezuelan leaders face an unprecedented economic crisis, and their currency is almost worthless. So they created a new one. Venezuela’s government on Tuesday Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Electric Cars

Toyota develops first neodymium-reduced, heat-resistant magnet for electric motors

Toyota Motor Corporation has developed the world’s first neodymium-reduced, heat-resistant magnet. Neodymium (Nd) magnets are used in various types of motors such as the high-output motors found in electrified vehicles. Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Singapore

Singapore to introduce carbon tax in 2019

Singapore will introduce a tax on emissions of S$5.00 per ton of carbon dioxide equivalent ($3.80/tCO2e) from 2019, according to The Straits Times . The move was announced in the Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Air Quality
  • Natural Gas Supply

Natural Gas Industry Surprised It Could Be So Much Cleaner

Industry tends to underestimate need to cut methane: institute CCS is probably needed to meet Paris climate limits: Cicero The natural gas industry may be one of its own worst Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • exports
  • USA

U.S. refiners turn to export markets as gasoline growth slows at home: Kemp

U.S. gasoline consumption has leveled off as the stimulus provided by low and falling oil prices between 2014 and 2016 has faded, so refiners are increasingly turning to diesel and Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • p-
  • USA

U.S. consumer gas prices still inching lower

U.S. consumers are finally catching a break when they head to the gas station as retail prices follow the price of oil lower, market analysis finds. Motor club AAA reported Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Shale Oil

BHP expecting bids for its U.S. shale holdings by June

In reporting its results for the second half of 2017, Australian mining giant BHP Billiton said it’s expecting initial bids for its U.S. shale assets by June. The company said Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple
Category:
  • Solar
  • USA

Mandates, Not Market Prices, Likely to Keep U.S. Solar Growing

Government mandates should keep U.S. solar power growing, despite new Trump administration tariffs on imported solar panels that are poised to raise prices. While the tariffs may slow the rate Continue Reading

Posted On : 21 Feb 2018 Published By : Tom Whipple

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