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Month: April 2018

Category:
  • Pipelines
  • Russia

Russia expects support for Nord Stream 2 from European partners

Even with some European countries lining up behind the project, getting approval for the Nord Stream 2 pipeline is a work in progress, Moscow said. The German government last week Continue Reading

Posted On : 4 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Gas
  • United Kingdom

Cuadrilla completes first shale well in the United Kingdom

 The first-ever hydraulic fracturing effort in the United Kingdom is set for the third quarter following well completion in Lancashire, Cuadrilla Resources said. Cuadrilla said Tuesday it completed the first-ever Continue Reading

Posted On : 4 Apr 2018 Published By : Tom Whipple
Category:
  • Norway

More than $1 billion on contracts awarded offshore Norway

More than $1.5 billion in contracts for drilling services were awarded to companies for work in Norwegian waters, energy major Statoil said. The company said Tuesday it awarded contracts to Continue Reading

Posted On : 4 Apr 2018 Published By : Tom Whipple
Category:
  • North Sea

Total Deploys First Robots To North Sea

In a world-first, French Total is set to deploy groundbreaking autonomous robots to a North Sea oil platform to test the machines in operational inspections at the facility. The 18-month Continue Reading

Posted On : 4 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Oil inches up, but rising Russian output still weighs

Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production.  U.S. Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Oil falls 2 percent on Russia output rise, potential Saudi price cut

Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Are We Sleepwalking Into The Next Oil Crisis?

One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Poised To Rise As Cycle Comes To An End

Each month, I publish reports on ten to fifteen publicly traded upstream oil & gas companies. Part of each report is my estimation of what the company would sell for Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple
Category:
  • Climate

An alarming 10 percent of Antarctica’s coastal glaciers are now in retreat, scientists find

Map showing rates of grounding-line migration and their coincidence with ocean conditions around Antarctica between 2010 and 2016. (Credit: Hannes Konrad et al, University of Leeds.) Antarctica’s ocean-front glaciers are Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple
Category:
  • Transportation

Uncertainty looms over marine fuel sulfur limit: Fuel for Thought

In about 20 months, the shipping industry is going to start burning a fuel that today they know next to nothing about. The International Maritime Organization has set a January Continue Reading

Posted On : 3 Apr 2018 Published By : Tom Whipple

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