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Month: March 2018

Category:
  • USA

Trafigura moves hedging out of Europe, leads U.S. oil exports race

Trading giant Trafigura has moved its commodities hedging operations to the United States and Asia and away from Europe to avoid being subject to new, tighter MiFID II market regulations  Continue Reading

Posted On : 21 Mar 2018 Published By : Tom Whipple
Category:
  • Air Quality

Ship operators need to lock in HSFO supply now for vessels running on scrubbers: sources

Vessel operators who plan to run ships on scrubbers to meet the International Maritime Organization’s global sulfur cap rule should lock in long term contracts now with bunker suppliers, industry Continue Reading

Posted On : 21 Mar 2018 Published By : Tom Whipple
Category:
  • China
  • Electric Buses
  • Germany

“Made in China” e-buses to be used in world’s 1st all-electric long-distance routes

German intercity bus company FlixBus is investing in e-buses produced by Chinese bus makers and planning to test them on their long-distance routes for the first time in the world. Continue Reading

Posted On : 21 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on Middle East tension, falling Venezuela output

Oil prices rose by almost 1 percent on Tuesday, lifted by a weak dollar, tensions in the Middle East and concerns of a further fall in Venezuelan output.  U.S. West Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Oil dips as Wall Street dives; tensions over Iran support crude

 Oil prices slipped on Monday as Wall Street slid more than 1 percent and energy market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • Global

The Harsh Reality Of A Global Energy Transition

I recently asked a group gathered to hear me speak what percentage of the world’s energy is provided by these six renewable sources: solar, wind, geothermal, wave, tidal, and ocean Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • Air Quality

Ship Owners’ Multibillion-Dollar Quandary: Buy Cleaner Fuel or a Fuel Cleaner?

The owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • OPEC

OPEC Doubles Down On Draining Oil Inventories

Although the oil market has been improving, OPEC still has work to do to bring global oil inventories back to their five-year average—the metric that OPEC has vowed to achieve Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Scales Back IPO Plan, Eyes Saudi-Only Listing

Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco, moving ahead with a listing next year solely on the Saudi stock exchange while taking Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Crown Prince Will Seek to Solidify Anti-Iran Stance With Trump White House

Crown Prince Mohammed bin Salman arrives Monday in Washington, D.C., bringing the brash foreign policy that has shaped Saudi Arabia’s more muscular stance in the Middle East to counter archenemy Continue Reading

Posted On : 20 Mar 2018 Published By : Tom Whipple

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