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Month: April 2018

Category:
  • Renewables

Global renewable energy capacity rises by 8.3 pct annually for 7 years: report

The global renewable energy generation capacity increased by 167 gigawatts (GW) to reach 2,179 GW by the end of 2017, representing an average annual growth of 8.3 percent for seven Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Climate

1.5°C of Warming is Closer than We Imagine, Just a Decade Away

Global warming of 1.5°C is imminent, likely in just a decade from now. That’s the stunning conclusion to be drawn from a number of recent studies, surveyed below. Paris Commitments Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco, Total to sign refinery expansion deal next week: sources

State oil giant Saudi Aramco and French oil major Total plan to sign an agreement next week for the expansion of their joint venture refinery in Saudi Arabia, sources familiar Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco Unexpectedly Raises Arab Light Oil Price To Asia

In an unexpected move seen as bullish by futures traders, Saudi Aramco lifted the official selling price (OSP) of its flagship Arab Light crude grade to Asian customers for May Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • OPEC
  • Saudi Arabia

Saudi Oil Minister Expects Oil Cuts To Extend Into 2019

Crude oil prices jumped a percent today on comments from Saudi Arabia’s Energy Minister Khalid al-Falih, who said he expected the OPEC+ production cut deal would be extended into next Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Sudan

Sudan: National Fuel Shortage Now Acute

Sudan — The fuel crisis has hit the capital of Sudan and all the states doubling the suffering of the residents in all the markets in the countryside, towns and Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi’s May crude oil price hike for Asia confounds traders

SINGAPORE (Reuters) – Asian oil traders are stumped by how Saudi Arabia derived its official selling prices (OSP) for May after the world’s top oil exporter unexpectedly raised the price Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Iran

Is The Iran Nuclear Deal Coming To An End?

As the U.S. moves closer to pulling out of the Iran nuclear deal and re-imposing sanctions, Iran could see some of the recent progress in its energy industry being rolled Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Pain, Tears of Oil Exploitation – Gas Flare, Acid Rain Still Haunt Niger Delta

When oil and gas production started at the Erhoike flow station, Kokori/Orogun bloc, Delta State in 1963, just three years after the nation’s independence, the villagers, chiefly subsistence farmers, who Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple
Category:
  • India

BP Bets Big On India

BP expects up to a tenth of its total earnings to come from India over the next ten years, but not from oil: the company will focus on natural gas, Continue Reading

Posted On : 6 Apr 2018 Published By : Tom Whipple

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