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Month: September 2018

Category:
  • p-

Fuelling independence? Scotland’s oil hub embraces green energy

ABERDEEN, Scotland (Reuters) – Scotland’s leader Nicola Sturgeon launched on Friday a major renewable energy project boasting the world’s most powerful wind turbines, which she hopes will also propel the Continue Reading

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

EU lawmakers set to back 45 percent cut target for CO2 from cars and vans by 2030

BRUSSELS (Reuters) – EU lawmakers are set to back a more ambitious carbon dioxide reduction target for fleets of cars and vans of 45 percent by 2030 on Monday, EU Continue Reading

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

Qatar To Splash $11.6B On LNG Capacity In Germany

Qatar will spend US$11.6 billion (10 billion euro) on investments in Germany that will include participation in the construction of an LNG terminal, the kingdom’s ruler, Emir Tamim bin Hamad Continue Reading

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

Airbus Looks Windward, Will Put Sails on Ships Moving Plane Parts

The device is the latest in an array of technologies shipping companies are using to cope with rising fuel costs as the International Maritime Organization implements rules to reducing pollution Continue Reading

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

Oil steady as U.S. crude inventories fall, products gain

Oil prices steadied on Friday as a rise in stocks of refined petroleum products offset a big fall in U.S. crude inventories to the lowest level since 2015. Brent crude Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple
Category:
  • p-

Oil Falls as Total Fuel Inventories Rise

The Energy Information Administration said Thursday that crude oil inventories fell by 4.3 million barrels last week. And while that data point alone is bullish, the report also showed gasoline Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple
Category:
  • Iran
  • USA

U.S. to help nations replace Iran oil, may consider waivers

Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, U.S. Secretary of State Mike Pompeo said Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple
Category:
  • OPEC

Platts Survey: OPEC Production Jumps To 10-Month High

As OPEC has been easing the production cuts, the cartel’s crude oil production hit a 10-month high in August, as Iraq including Kurdistan pumped at record levels and Libya recovered Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple
Category:
  • Algeria

Why Algeria’s Oil Sector Isn’t Booming

Algeria has survived the decade of political turmoil, with Arab Spring revolutions subverting authoritarian leaders across the Maghreb, largely unscathed. Popular unrest was swiftly quelled by government handouts and thereafter Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple
Category:
  • Iran

Iranian Oil Exports Plunge Despite ‘Creative Solutions’

Iran’s oil exports have been falling much faster than expected, but Tehran is hoping to avoid the worst, deploying some creative solutions to keep exports from crashing too much. Iran’s Continue Reading

Posted On : 7 Sep 2018 Published By : Tom Whipple

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