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Month: July 2018

Category:
  • Nigeria

Nigeria: Oil Companies Shut Down Fields for 180 Days Annually

A former Director of the Department of Petroleum Resources (DPR) and Lead Consultant to the National Assembly on the Petroleum Industry Bill (PIB), Mr. Osten Olorunsola has disclosed that oil Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Air Quality

Meat, Dairy Industry Surpass Big Oil As World’s Biggest Polluters

Within the next few decades, Big Meat and Big Dairy could surpass Big Oil as the world’s biggest climate polluters, a new study by non-profit GRAIN and the Institute for Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla’s Model 3 Is The Most Profitable EV, Says Early Critic

An automotive consultant who has been critical of the fit and finish of Tesla’s Model 3 is now praising the EV maker’s sedan as a “symphony of engineering” and the Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Houston To Overtake Cushing As Key Hub

Intercontinental Exchange Inc. (ICE) announced plans to launch an oil futures with physical delivery in Houston, and the contract could launch as soon as this quarter, subject to regulatory review. Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian region natural gas prices fall as production continues to grow

Source: U.S. Energy Information Administration, based on Natural Gas Intelligence The natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

The Permian Rush Is Creating A Frac Sand Shortage

The ‘mega-frac’ is turning the typically annoying sand of West Texas into the new gold, and the oil and gas land rush on the Permian Basin has now extended into Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Wind

Wind Energy Is Getting Cheaper And Cheaper

Who would have thought wind’s transformation from subsidy-supported to self-financing power source would happen so quickly – not this publication, that’s for sure. Apart from diehard environmentalists, most consumers have Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Weekly Petroleum Status Report

Summary of Weekly Petroleum Data for the week ending July 13, 2018 U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending July 13, 2018, Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • Nuclear
  • USA

South Carolina Fights U.S. Plan to Abandon Nuclear Project Costing $1.2 Million a Day

The U.S. Energy Department says it is spending $1.2 million a day on a partially built South Carolina nuclear facility that it wants to abandon due to soaring costs. Congress Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple
Category:
  • exports
  • USA

Houston Firm Plans Huge Oil Export Terminal Offshore Texas

To capitalize on the growing U.S. exports to Asia and Europe, Houston-based Enterprise Products Partners plans to develop an offshore crude oil export terminal off the Texas Gulf Coast that Continue Reading

Posted On : 19 Jul 2018 Published By : Tom Whipple

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