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Month: October 2018

Category:
  • Turkey

Turkish ship to drill for oil and gas in Mediterranean: minister

A Turkish ship will start drilling for oil and gas in the Mediterranean on Wednesday, Energy Minister Fatih Donmez said, a move that could create tensions with neighboring Cyprus and Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Air Quality
  • India

As World’s Air Gets Worse, India Struggles to Breathe

A toxic fog is creeping over New Delhi. Children trudge to school with plastic masks strapped to their faces. Sports events are canceled. Eyes burn. Throats itch. Chests heave. It’s Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Venezuela

Thousands of Venezuelans head to Peru to beat residency deadline

At least 6,000 Venezuelans lined up at Peru’s northern border on Tuesday in hopes of entering the country before a deadline for acquiring residency, and another 4,000 were due to Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Makes Payment on Citgo-Backed Bond

Oil exports make up 95% of Venezuela’s dollar earnings, and production has been falling off in large part due to a lack of access to capital. “The reason they’ve paid Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Brazil
  • Climate

Brazil: Bolsonaro plans threaten Amazon, say experts

Brazil’s highly biodiverse Cerrado is being destroyed for soybean production, conservationists say Brazil’s far-right President-elect Jair Bolsonaro will merge the ministries of agriculture and the environment, an aide says, in Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Mexico

Pemex refineries running at record-low levels in the second week of October

Pemex’s total refining utilization rate during the third week of October has reached a record low of 25.7%, an operation report from the Mexican state company showed Tuesday.  The company Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • China

New China Manufacturing Data Adds to Mounting Worries About Economy

Though readings above 50 still indicate an expansion in activity, the fall was more precipitous than economists projected, with the October reading at the lowest since July 2016. “Overall, the Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • China

Chinese Banks Can’t Escape the Country’s Gloom for Long

The dissonance gives rise to the perennial question about the believability of Chinese banks’ financial reports. The recent earnings improvement does look plausible. The central bank’s recent easing of liquidity Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • Asia
  • Coal

New Asian coal plants knock climate goals off course

A fleet of new coal plants in Asia threatening to derail global emissions targets has exposed the growing “disconnect” between energy markets and climate goals. Fatih Birol, head of the Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple
Category:
  • China
  • Phillipines

Philippines Gas Crunch Forces Uneasy Alliance With China

The Philippines said today that the country had short listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to choose one Continue Reading

Posted On : 31 Oct 2018 Published By : Tom Whipple

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