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Month: June 2018

Category:
  • OPEC

OPEC Set To Reject Iran’s Plea For U.S. Sanctions Discussion

OPEC will probably reject Iran’s request to put the U.S. sanctions against Tehran up for discussion at the cartel’s official meeting later this month, a source familiar with the issue Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Separates Non-Oil From Core Oil Assets Ahead Of IPO

Saudi Aramco is restructuring its non-oil businesses into subsidiaries and possible spin-offs as it aims to streamline operations and achieve a higher valuation for its profitable core oil business ahead Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Iran

Buyers of Iran’s Oil Balk at U.S. Push to Isolate Country

The Trump administration’s effort to pressure Iran depends on countries deeply skeptical of the U.S. campaign against the Islamic Republic, creating resistance that analysts and officials in those countries say Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Prices
  • USA

The Real Reason For Higher Gas Prices

You probably have noticed that gasoline prices are again on the rise. Predictably, I have already seen stories arguing about President Trump’s culpability in this current price rise. It never Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Climate
  • Congress

Carbon Capture Receives Support From Both Sides Of The Aisle

At the White House and on Capitol Hill, debates over energy policy are playing out with just as much invective as just about any other issue in America’s bitterly divided Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Iran

Iran to increase oil production by 460 million barrels in three years: oil minister

Iran is pursuing a plan to increase its oil output by 460 million barrels within three years, oil minister Bijan Zanganeh said on Saturday, according to SHANA, the news site Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Boom Jeopardized By Pipeline Troubles

The Permania, as someone called the oil industry and private equity rush to West Texas and New Mexico, has begun to take its toll on all those investors that saw Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Canada

Canada Bets On Trans Mountain Expansion To Sell Oil In Asia

Canada may be the fourth largest producer and third largest exporter of oil in the world, but it has one sole customer of its oil—the United States. At the end Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Climate

Pope warns energy bosses of global destruction without fuel shift

Pope Francis warned that climate change risked destroying humanity on Saturday and called on energy leaders to help the world to convert to clean fuels to avert catastrophe. “Civilization requires Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

EV Adoption Could Cost Germany 75,000 Jobs

The growing adoption of electric vehicles (EVs) is expected to cost Germany’s key auto industry about 75,000 jobs by 2030, a study released Tuesday shows, with parts suppliers set to Continue Reading

Posted On : 11 Jun 2018 Published By : Tom Whipple

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