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Month: June 2018

Category:
  • Venezuela

Workers Flee and Thieves Loot Venezuela’s Reeling Oil Giant

Thousands of workers are fleeing Venezuela’s state-owned oil company, abandoning once-coveted jobs made worthless by the worst inflation in the world. And now the hemorrhaging is threatening the nation’s chances Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • Brazil

Pipelay vessel arrives for oil basins offshore Brazil

 A marine vessel designed to lay pipelines in the submarine environment arrived in the oil-rich waters off the coast of Brazil, joint venture partners said. Oilfield services company TechnipFMC announced Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • China

As trade war with China looms, U.S. readies second wave of duties

The United States has nearly completed a second list of tariffs on $100 billion in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • China
  • USA

Trump approves tariffs on $50bn in Chinese imports

Donald Trump has decided to impose tariffs on about $50bn in imports from China in a move due to be announced on Friday that will bring the world’s two largest Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • China
  • India

India, China Look To Form ‘Oil Buyers Club’

India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries and will be looking to import more U.S. crude Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • China

China’s Oil Refinery Throughput Rises 8.2% YoY In May

Chinese refineries processed a daily average of around 12.37 million barrels in May, or 371.34 million barrels (50.66 million tons). This is an 8.2-percent annual increase, according to the country’s Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • Arctic
  • USA

Development of Alaska’s ANWR would increase U.S. crude oil production after 2030

In December 2017, the passage of Public Law 115-97 required the U.S. Secretary of the Interior to establish and administer a competitive oil and natural gas program for the leasing, Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • Electric Cars

EV Makers Receive Little Support From Trump

Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • Solar

U.S. Solar Growth Undeterred By Solar Panel Tariffs

New solar generation capacity in the United States hit 55 percent of total new generation capacity additions in the first quarter of the year, despite the tariffs on imported PV Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple
Category:
  • Electric Buses

Chicago Transit Authority orders 20 Proterra electric buses for $32M

The Chicago Transit Board awarded a $32-million contract to Proterra for the purchase of 20 new, all-electric buses. The new electric buses will give the CTA one of the largest Continue Reading

Posted On : 15 Jun 2018 Published By : Tom Whipple

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