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Month: March 2018

Category:
  • OPEC
  • Prices
  • Saudi Arabia

Oil prices rise as Saudi says production curbs could last into 2019

Oil prices rose by around 1 percent on Friday, pushed up by Saudi plans for OPEC and Russian-led production curbs introduced in 2017 to be extended into 2019 to further Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Crude oil prices retreat in sell-off action

Crude oil prices retraced their steps following a major rally that extended over two consecutive trading days. Crude oil prices retraced steps Thursday after two consecutive days of gains as Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Oil retreats after failing to hit $70/barrel

Oil prices fell on Thursday as investors took profits after this week’s rally and as U.S. stock markets fell, but losses were limited by the continuing efforts of OPEC and Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Brent spreads tighten again for second half of 2018: Kemp

The views expressed are his own.) Pump Jacks are seen at sunrise near Bakersfield, California October 14, 2014.  Brent calendar spreads have risen significantly over the last week, erasing an Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Climate

Global C02 Emissions Rise For The First Time In 3 Years

The trend indicates that global efforts to reduce emissions are “insufficient,” according to a new report from the International Energy Agency. Total energy-related emissions jumped by 1.4 percent to 32.5 Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Water

Is Desalination an Answer to the Water Crisis?

On World Water Day, March 22, universal access to clean water continues to be a privilege, when it should be a right. Experts predict that by 2030 the global water Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • IEA

IEA: Fossil fuels clearly dominate energy landscape

Though renewable forms of energy outpaced all others, fossil fuels accounted for more than 70 percent of the global demand growth last year, the IEA said. The International Energy Agency Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Climate

Last year dashed hopes for a climate change turnaround

After three flat years that had hinted at a possible environmental breakthrough, carbon dioxide emissions from the use of energy rose again by 1.4 percent in 2017, according to new data released Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi energy minister says Aramco IPO could still take place in 2018

Saudi Arabia may still move forward with an initial public offering (IPO) for oil company Saudi Aramco on an international exchange such as London or New York in the second Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple
Category:
  • Iraq

Iraq enlists service companies to manage Majnoon

Three months ahead of Royal Dutch Shell’s scheduled departure as operator of the Majnoon oil field, Iraq has signed two stopgap contracts with international companies to manage the project. U.S.-based Continue Reading

Posted On : 23 Mar 2018 Published By : Tom Whipple

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