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Month: August 2018

Category:
  • Refining
  • USA

Gasoline Makers Are Reaping Big Profits

American fuel makers are posting their best second-quarter profits in years, thanks to soaring domestic oil production and regional pipeline bottlenecks that are allowing them to buy crude on the Continue Reading

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

This Is Why Canada Lost The LNG Race

Two weeks ago, it looked as if Canada’s fledgling LNG hopes would finally be resuscitated. Shell’s chief financial officer Jessica Uhl told analysts during the company’s second quarter conference call Continue Reading

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

New wave of mega LNG projects is approaching

A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within Continue Reading

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

Climate change: ‘Hothouse Earth’ risks even if CO2 emissions slashed

It may sound like the title of a low budget sci-fi movie, but for planetary scientists, “Hothouse Earth” is a deadly serious concept. Researchers believe we could soon cross a Continue Reading

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

A New Material That Could Create Super Batteries

Researchers at the University of Cambridge have identified an entirely new class of materials that could allow lithium-ion batteries to charge faster and deliver higher power performance—and at lower costs—than Continue Reading

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

The Weirdest Oil Lawsuit Of 2018

Rosneft has been rocking the Russian oil sector for quite some time already – first it acquired several domestic assets, in some cases bordering on hostile takeover, then it took Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • North Korea
  • Russia

Russia Accused Of Illegally Selling Oil To North Korea

While most of the sanction-bypassing oil trade with North Korea is thought to be originating from China, oil sales from Russia to Kim Jong-un’s regime may be much larger than Continue Reading

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

IHS Markit projects automakers could be fined more than €14B for European CO2 excess emissions in 2021

New analysis by IHS Markit suggests that automakers failing to meet 2021 fleet CO 2 emissions compliance for passenger vehicles sold in the European Union (EU) could be fined more Continue Reading

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

Russia’s Rosneft more than triples second quarter net profit, shares hit record

Russia’s largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228 billion rubles ($3.6 billion) on higher production and prices, pushing its shares to Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple
Category:
  • Earthquakes
  • United Kingdom

Scientists Want Oil Drilling Ban In British County After Series of Earthquakes

Four senior geologists are calling for a moratorium on oil and gas drilling in Surrey in the UK, southeast of London, after 12 earthquakes were registered in the area over Continue Reading

Posted On : 7 Aug 2018 Published By : Tom Whipple

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