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Month: September 2018

Category:
  • Kenya

[VIDEO] Long queues at petrol stations as fuel distributors strike

A fuel crisis has hit the country following a boycott by Kenya Independent Petroleum Distributors over the 16% VAT on fuel. Long queues were witnessed at various petrol stations as Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • Pakistan
  • Turkmenistan

Turkmenistan to double power exports, eyes Pakistani market

Turkmenistan completed an upgrade of its largest electric power plant on Saturday, which it hopes will help boost exports and eventually allow supplies to Pakistan, which would require the construction Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • Ecuador

International tribunal rules in favor of Chevron in Ecuador case

 Chevron Corp said on Friday an international tribunal ruled in its favor in an environmental dispute with Ecuador, finding the South American nation had violated its obligations under international treaties.  Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • Venezuela

To understand Venezuela’s future, look to the bond market, not politics and protests

The size and frequency of anti-government protests has dropped in the past year, but opposition forces remain divided. (Ariana Cubillos/Associated Press) Despite some of the world’s worst inflation and an Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • China
  • USA

Trump ups ante on China, threatens duties on nearly all its imports

U.S. President Donald Trump warned on Friday that he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another $267 billion in Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • China
  • USA

China, ExxonMobil discuss $10 billion investment in Guangdong: state TV

Chinese officials and executives of ExxonMobil Corp discussed a $10 billion investment by the U.S.-based firm in the southern province of Guangdong, Chinese state television reported on Friday. The state Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • China
  • USA

Trump Says He’s Preparing Tariffs on Further $267 Billion in Chinese Imports

The White House has been gearing up to hit China with tariffs of 25% on as much as $200 billion in Chinese goods, on top of the $50 billion of Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • Japan

Earthquake Blackout Points to Japan’s Fragility

“This was an extremely rare case,” said Akihiko Mayumi, the power company’s president, at a news conference. “We thought the risk of complete power failure was low.” By restarting more Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • China
  • p-

China’s August oil imports rise 6.5 percent as teapots return to market

China’s crude oil imports rose 6.5 percent in August from a month earlier to their highest since May, boosted by a rebound in demand from smaller, independent refiners, customs data Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple
Category:
  • Refining

Delta seeks partner for Trainer refinery, possible stake in shuttered rail yard

Delta Air Lines, parent of refinery owner Monroe Energy, is moving forward with strategic options to sell a 49% stake in its 190,000 b/d Trainer, Pennsylvania, refinery, but will continue Continue Reading

Posted On : 8 Sep 2018 Published By : Tom Whipple

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