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Month: May 2018

Category:
  • India
  • Iran

Analysis: India could provide Iranian crude with stable outlet at least in near term

Indian refiners could offer Iran some respite at least for the next few quarters as the South Asian crude oil importers are keen to adhere to their term supply contract Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • Venezuela

Re-elected, Venezuela’s Maduro faces wide criticism, U.S. sanctions

Critics at home and abroad on Monday denounced the vote that re-elected Venezuela’s socialist President Nicolas Maduro as a farce cementing autocracy and the U.S. government imposed new sanctions on Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

United States remains the world’s top producer of petroleum and natural gas hydrocarbons

The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world’s top producer of Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • Electric Buses

BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth

The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • China

Trade War Truce With China Boosts Oil Prices

On Saturday, there was a sign of hope that ongoing trade tensions between Washington and Beijing could be remedied. Beijing said that it agreed to significantly increase its purchases of Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • China
  • Electric Cars

China To Drive Electric Vehicles Sales Surge

More than half of new car sales in the world will be electric vehicles (EVs) in 2040, with one-third of the global car fleet then consisting of electric cars, according Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • China
  • USA

Energy exports to play ‘massive’ role in any breakthrough in the US-China trade talks

Treasury Secretary Steven Mnuchin said there is a “massive opportunity” for U.S. energy exports to China, after the trade partners reached a truce. China has emerged as one of the Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • Shale Oil

US Light Tight Oil (LTO) Update

 I have updated my scenarios for US LTO output, based on both EIA tight oil output data and average well profile data from Enno Peters’ shaleprofile.com. I have also created Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • USA

Southern Slims Downs After Bets on Big Projects Fail to Pay Off

Southern Co., which has spent billions of dollars to expand its U.S. utility empire, is now retrenching. The company said Monday it was selling nearly all the assets it owns Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple
Category:
  • Energy Storage

Fire Risk Slows Down Battery Boom

Lithium-ion batteries have come to dominate the battery market, and this domination looks like it will be a lasting one despite the numerous reports of breakthroughs in battery technology that Continue Reading

Posted On : 22 May 2018 Published By : Tom Whipple

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