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Month: May 2018

Category:
  • Nigeria

Nigeria to Achieve 90% Refining Capacity in 2019 – NNPC

Hope of reducing Nigeria’s export of its crude oil overseas for refining has been rekindled by the assurance of the Group Managing Director, GMD, Nigerian National Petroleum Corporation, Dr. Maikanti Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s PDVSA diverts crude tanker from Curacao – shipper, data

(Reuters) – State-run PDVSA ordered an oil tanker that was waiting to discharge in Curacao to divert to Venezuelan waters after ConocoPhillips introduced an order in a Caribbean court to Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan Soldiers Desert in Droves With Presidential Election Ahead

Military officers are joining the exodus of Venezuelans to Colombia and Brazil, fleeing barracks and forcing President Nicolas Maduro’s government to call upon retirees and militia to fill the void.  Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • China

Shanghai oil futures hit record high, volumes after U.S. exits Iran deal

Shanghai crude futures hit their highest price since launching in late March on Wednesday, tracking big gains in global benchmarks after U.S. President Donald Trump pulled out of the Iran Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Asia
  • Renewables

Asian markets have renewable energy edge

Though more workers globally are on the payroll in the renewable energy sector, the industry is concentrated in Asia, an annual report found. The International Renewable Energy Agency estimates that Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian 3.0 Shows U.S.’s Biggest Oil Field May Have More to Give

Call it Permian, version 3.0.  That’s how Tim Dove, who leads Pioneer Natural Resources Co., refers to new well designs his company says are now pumping 35 percent more oil Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Iran
  • p-
  • USA

Less than one in three Americans support U.S. pullout from Iran deal

Less than one in three Americans agrees with President Donald Trump’s decision to pull the United States out of an agreement to limit Iran’s nuclear program, according to a Reuters/Ipsos Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Biofuels

Trump open to exported ethanol qualifying under biofuel laws – source

U.S. President Donald Trump told a group of Republican senators on Tuesday that he is considering allowing exported ethanol and other biofuels to count towards the annual volumes mandated by Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Arctic

Key sales agreement reached for Alaskan LNG project

Foreign entity commitment to an Alaskan project meant to bring liquefied natural gas to the export market brings it closer to reality, the state governor said. The Alaskan division of Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Short-Term Energy Outlook

Global Liquid Fuels Brent crude oil spot prices averaged $72 per barrel (b) in April, an increase of $6/b from the March level and the first time monthly Brent crude Continue Reading

Posted On : 9 May 2018 Published By : Tom Whipple

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