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Month: April 2018

Category:
  • Libya

A Libyan Strongman Looks to Washington, but a Health Crisis Looms

In Benghazi’s devastated downtown, ex-fighters warmed themselves over a bonfire made from broken furniture. The forces of Gen. Khalifa Hifter routed the last Islamist militias from Benghazi in December. BENGHAZI, Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Iran

U.S. Considers Economic Warfare Against Iran

Iranian President Hassan Rouhani has already been dealing with a restless population, after years of disappointing economic performance following incredibly high expectations of rewards from the 2015 nuclear deal. The Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Iraq

Iraq Delays Major Oil Auction After Amending Contract Terms

Iraq has pushed back this month’s auction to award the rights to develop 11 oil and gas fields to international companies with ten days, after it amended some of the Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Water

Cities around the world should prepare for running out of water

It’s called “Day Zero” : when Cape Town, South Africa’s bustling port city, sees its water taps run dry, and its population thrust into a perilous situation. Originally projected for Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Brazil

BP looks to deepen partnership with Brazil’s Petrobras

British energy company BP said it wanted to expand its level of cooperation with an oil company in Brazil, one of the largest producers outside of OPEC. BP signed a Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s Oil Production Falls Further, No Turnaround In Sight

The doom and gloom forecasts for Venezuela’s oil production are about to get a bit gloomier. And since 95% of Venezuela’s export revenues come from oil, as things get more Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • New Guinea

Exxon raises gas reserve estimate in Papua New Guinea

The reserve estimate for natural gas in Papua New Guinea is 84 percent higher than first thought, warranting a significant expansion, Exxon Mobil said. Exxon said the reserve estimate at Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • New Zealand

New Zealand Bans Offshore Oil Exploration

New Zealand’s government has announced all oil and gas exploration offshore the country will be banned in a bid to protect New Zealand from the effects of climate change. The Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • China

China March crude oil imports second highest on record, fuel exports hit new high

China’s March crude oil imports climbed from a month earlier to the second highest on record, calculated on a daily basis, as refiners replenished stocks on generous government quotas and Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • China
  • USA

China-U.S. Trade Dispute Could Knock Oil Demand, Says IEA

The world’s robust appetite for oil could be significantly dented by the escalating trade dispute between the U.S. and China, the International Energy Agency warned Friday. In its closely watched Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple

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