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Month: March 2018

Category:
  • China

China’s Oil Futures Soar on Debut

China’s yuan-denominated crude-oil futures surged on their long-awaited debut Monday, indicating positive initial sentiment toward the new market, which Beijing hopes will eventually give the country an oil benchmark to Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • China

Shanghai crude oil futures roar into action as Glencore bags first…

China’s crude futures kicked off to a roaring start on Monday as western traders and Chinese majors eagerly traded the world’s newest financial oil instrument, which many expect to become Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • China

China’s Oil Contract to Rival WTI and Brent Starts Trading

First-ever yuan crude futures trade at 427 yuan a barrel Trafigura and Glencore among foreign participants in debut China launched its first ever crude-futures contract as the world’s biggest oil Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Biofuels

Biofuel Mandates Are Working As Designed

Regarding your March 13 editorial “ You RIN Some, You Lose Some ” and Thomas Landstreet’s “Biofuel Mandates Are a Bad Idea Whose Time May Be Up ” (op-ed, March Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Transportation
  • USA

Auto Dealers Worry New Vehicle Prices May Be Getting Too High

As the automotive industry braces for changes including electrification and autonomy, dealers across the U.S. are worried about something much simpler: the price of a new car. After decades of Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Prices
  • USA

What Trump’s New Appointment Means For Oil Prices

President Trump fired his National Security Advisor H.R. McMaster on Thursday and replaced him with a staunch proponent of war . The appointment significantly raises the odds of a clash Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Man-Made ‘Magma’ Could Plug Leaking Abandoned Oil Wells

A Norwegian company has successfully pilot-tested in Canada a new technology that will permanently plug oil wells and ensure that no greenhouse methane gas escapes. Currently, the most-widely used technique Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Renewables
  • USA

Trump Signs $1.3 Trillion Spending Bill With No Clean Energy Cuts

President Donald Trump signed a $1.3 trillion spending bill on Friday that will prevent a government shutdown without the funding cuts to the Department of Energy, Environmental Protection Agency and Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • China
  • Russia

Russia holds firm as top crude oil supplier to China

Russia kept its spot as the largest crude oil supplier to China in February, data showed on Friday, a role it held in January and for the past two years Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • North Sea

Apache Makes Another North Sea Oil Discovery

The Garten discovery is just a few miles away from the Beryl Alpha platform, which will began extracting fuel from the site by 2019. Since 2015, explorers have struck the Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple

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