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Month: August 2018

Category:
  • Iraq

Militants Attack Iraqi Power Line Eight Times In Two Months

A high-voltage power line in Iraq has been targeted by Islamist militants eight times over the past two months, the country’s electricity ministry said , adding the latest attack caused Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • Yemen

Warship Or Oil Tanker – What Did The Houthis Hit?

Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb, one Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • Yemen

Saudi oil shipments moving near Yemen again

After a halt due to militant attacks, oil shipments through a Red Sea strait near the coast of Yemen resumed during the weekend, Saudi Aramco announced. In a statement Saturday, Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Pakistan

Pakistan: Exxon Is Close To Making A Mega Oil Discovery

ExxonMobil is close to discovering huge oil reserves in Pakistan near the border with Iran, and those reserves could even be larger than the oil reserves of Kuwait, the Pakistani Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Explain Your Role in N9 Trillion NNPC Contract Scam, PDP Challenges Buhari

The Peoples Democratic Party (PDP) Monday charged President Muhammadu Buhari and the ruling All Progressives Congress (APC)-led administration to tell Nigerians what they know about the N9 trillion ($25 billion) Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • China
  • India
  • USA

U.S. crude exports to India surge as China intake fades: Russell

U.S. crude oil producers appear to have found an alternative buyer for cargoes no longer heading to China, with India on track to import record volumes in August. India has Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Crackdown Looms As Maduro Survives Assassination Attempt

Venezuelan President Nicolas Maduro has begun rounding up suspects after he avoided an attempted assassination over the weekend, raising the possibility of yet another security clampdown on the already suffering Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • China
  • Prices
  • USA

Trade War Scares Hedge Funds To Cut Oil Bets To Two-Year Low

The escalating U.S.-China trade war is deterring hedge funds and other money managers from opening new positions in the WTI and Brent benchmarks, with total bets dropping to their lowest Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla Plans To Launch Mini-Car

Tesla is working on a “mini-car that can squeeze in an adult,” a new tweet from chief executive Elon Musk told the world. The tweet, like another recent one about Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Renewables
  • USA

Walmart’s Eager for Green Power, But the US Has a Coal-Loving President

Walmart Inc. promised to get half its power from solar and wind by 2025. If successful, Walmart would leap over Google to become the world’s top green-energy buyer. (Bloomberg) — Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple

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