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Month: April 2018

Category:
  • Arctic

Arctic wilderness area in Alaska to be opened to drilling

An initial step toward opening up an Arctic wilderness area in Alaska to oil and gas development unveils a revenue stream for the state, the governor said. A document published Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • LNG
  • Transportation

Maritime shippers need more LNG

The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. Wärtsilä Corp., a Finnish company Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Earthquakes

Tremor reported in shale-rich Oklahoma

A small tremor was recorded early Friday in the shale heartland of Oklahoma, one day after state regulators limited work because of seismic activity. The U.S. Geological Survey recorded a Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Canada

Is Alberta Suffering From The Oil Curse?

Alberta needs long-term fiscal planning to avoid the adverse effects of oil price swings on the contents of its coffers, outgoing auditor general Merwan Saher said in his final report. Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • LNG
  • Natural Gas Exports

Cheniere advances financing plan to fund third unit at Texas LNG export terminal

Cheniere Energy said Friday it had engaged more than two dozen banks and financial institutions to help it finance a third liquefaction train at its Corpus Christi LNG export facility, Continue Reading

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

US Oil Rush Spurs ‘Triangle’ Trade as Output, Exports Soar

Rapid increases in U.S. oil output and exports over the past two years are forcing some traders and producers to try alternative ways of pricing crude. While the market benchmark Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Explorers Crank Rig Count Higher as US Crude Supplies Dwindle

Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014. U.S. working oil rigs rose by five this week to Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Transportation

Electric Scooters Are Causing Havoc. This Man Is Shrugging It Off.

Travis VanderZanden, the chief executive of electric scooter company Bird Rides, surveyed the new indoor park at his office one morning this week. While the space is still under construction, Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Norway
  • Russia

Norway’s Hydro notifies Rusal of possible force majeure

Aluminum maker Norsk Hydro may declare force majeure on contracts it has with Russia’s United Company Rusal due to U.S. sanctions, the Norwegian company said on Friday. The price of Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple
Category:
  • Iran
  • Russia
  • USA

Russia And Iran Hit Back At The Petrodollar

Russia and Iran have launched an oil-for-goods exchange program seeking to eliminate bilateral payments in U.S. dollars and plan to keep it going for five years, RT reports citing Energy Continue Reading

Posted On : 21 Apr 2018 Published By : Tom Whipple

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