Skip to content
The Energy Bulletin The Energy Bulletin Daily

Daily news

Primary Menu
  • Home
  • Daily News
    • Regions
      • Global
      • N. America
        • USA
        • Canada
        • Mexico
      • Middle East
        • Saudi Arabia
        • Iraq
        • Iran
        • Syria
        • Egypt
        • Israel
        • Gaza
        • Kuwait
        • Bahrain
        • United Arab Emirates
        • Jordan
        • Lebanon
        • Yemen
      • Asia
        • China
        • India
        • Pakistan
        • Japan
        • South Korea
      • Africa
        • Nigeria
        • Libya
        • Algeria
        • Tunisia
      • Europe
        • Russia
        • United Kingdom
        • Ireland
        • Turkey
      • Latin America
        • Venezuela
        • Brazil
        • Argentina
        • Ecuador
    • Topics
      • Prices
      • Oil
        • Shale Oil
        • Tar Sands
        • Peak Oil
      • Gas
        • Shale Gas
      • Other Sources
        • Coal
        • Nuclear
        • Renewables
          • Wind
          • Solar
          • Biofuels
      • Environment
        • Climate
        • Water
        • Air Quality
      • Energy Demand
        • Energy Demand
        • Transportation
      • Economy & Security
        • Economy
        • National Security
  • Weekly Review
  • Archive
  • Subscribe
  • About

Month: January 2019

Category:
  • Prices

Crude oil futures dip as demand concerns outweigh tightening supply

Crude oil futures dipped in mid-morning trade Asia Monday as risks of a downside in demand outweighed lingering concerns of tightening supply.  At 11:30 am Singapore time (0330 GMT), ICE Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Oil falls as U.S. adds rigs; still set for best January in 14 years

Oil fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, but the price is still Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Is This A Buy Signal For Crude Oil Futures?

A basic review of the chart for oil futures (CL) suggests that crude is about to take off. Whether the next move from here is up or down, providing a Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Oil Supply

Is An Oil Supply Crunch Looming?

The global oil and gas industry is poised to increase spending this year, albeit modestly, in a bid to boost supply after a punishing period of low oil prices. The Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia plans to entice investors to infrastructure, industry & energy projects

Saudi Arabia, the world’s largest crude oil exporter, will announce plans to entice investors to its infrastructure, industry & energy projects through the launch of its National Industrial Development and Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

The oil market will soon feel the heat of turmoil in Venezuela

After a long period of stasis, the situation in Venezuela is moving towards its denouement. The next few months will be dangerous for the country and, despite the market’s apparent indifference Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela crisis: White House ‘will respond to threats against diplomats’

Thousands more leave Venezuela amid new crisis The US has warned Venezuela that any threats against American diplomats or opposition leader Juan Guaidó will be met with “a significant response”. Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Venezuela

Political Crisis In Venezuela To Reshape OPEC

The political power struggle in Venezuela is heating up, and there seems to be no real solution on the horizon yet. The surprise move by Venezuela’s opposition leader Juan Guaido Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Canada
  • Venezuela

The ‘Venezuela Benefit’ For Canadian Oil Producers Is Limited

Canadian oil producers are keeping a close eye on the latest events in Venezuela and the opportunity to boost their exports south of the border if things in the troubled Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • China

China Dec ethanol imports dive 73% from Nov, spike from 33 cu m a year ago

Chinese ethanol imports slumped 73.2% month on month to 25,178 cu m in December last year, with both denatured and undenatured imports falling month on month, latest customs data showed. Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • China

China imports 64.23 mil mt of coking coal in 2018, down 8% from 2017

China coking coal import volume saw a slight decline in 2018, according to China’s customs data released Saturday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • China
  • Nuclear
  • Shale Gas

Shock wave plan to mine shale gas in quake zone

China is planning to apply the same technology used to detonate a nuclear bomb over Hiroshima during the second world war to access its massive shale gas reserves in Sichuan Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • China

Crude awakening: Chinese oil demand rebounds as independent refiners restock

Chinese demand for crude oil is rebounding as independent refiners push to buy before prices climb further from low levels hit late last year, restocking with supplies that will arrive Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Coal
  • USA

US coal output forecast to fall despite Trump revival efforts

US coal production is expected to fall even faster than if the Obama administration’s climate policy had taken effect, according to official projections, underlining the difficulties facing President Donald Trump Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Trouble In Paradise For U.S. Frackers

Forecasters project a large increase in U.S. oil production over 2019. The size of this increase ranges from four hundred and twenty thousand barrels per day (Citibank) to 1.7 million Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Refining
  • Shale Oil

A Rare State Of Affairs For Refiners

The global oil market appears to be well-supplied, even as the OPEC+ production cuts begin to whittle away at excess barrels. But while crude may be ample, there are growing Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Electric Cars

ICCT quantifies the EV charging infrastructure gap across US markets

In a new white paper , the International Council on Clean Transportation (ICCT) has quantified the gap in charging infrastructure across the 100 most populous US metropolitan areas in the Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Economy

Chris Martenson: Collapse Is Already Here

Collapse is a process, not an event. Many people are expecting some degree of approaching collapse — be it economic, environmental and/or societal — thinking that they’ll recognize the danger Continue Reading

Posted On : 28 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Oil climbs on Venezuelan crisis despite surging U.S. supply

Oil prices edged higher on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over surging U.S. fuel stocks and global economic woes weighed on sentiment. Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Unmoved By Venezuela Turmoil

Oil prices rose somewhat on Friday morning, but gains were capped by uncertainty about the U.S. China trade deal, a rising rig count and concerns about global economic growth.  The Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Syria

Cooking gas shortage hotly debated in Syrian parliament

Shortages of cooking gas, electricity and fuel have hit the capital Damascus hard this winter, prompting Syrian members of parliament to slam the government for its inability to tackle the Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco To Build First Hydrogen Fueling Station

Saudi Aramco, in partnership with U.S. Air Products and Chemicals, will build the first hydrogen fuel cell station in the Kingdom, leveraging Air Products’ SmartFuel hydrogen fueling technology, Reuters reports Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Iraq

New budget hikes spending, including windfall for KRG

Iraq’s Parliament passed a 2019 budget law Thursday – breaking through political gridlock by authorizing massive increases in spending, including new revenue guarantees for the autonomous Kurdistan region. The new Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Refinery to Create $11bn Market for Nigerian Crude Annually – Dangote

Dangote Petroleum Refinery will create $11billion per annum market for Nigerian crude because it is designed for 100 per cent Nigerian crude with flexibility to process others and it will Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

U.S. intensifies anti-Maduro push as Russia backs Venezuelan ally

The United States on Friday intensified its push to drive Venezuelan President Nicolas Maduro from power, as U.S. diplomats left the embassy in Caracas, while Russia vowed to back its Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan oil exports to U.S. still a primary source of cash

Venezuela’s oil exports to the United States remain the primary cash resource for its state-owned oil company, and efforts by the United States to cut off that revenue would likely Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Exclusive: Refiner Citgo prepares to fend off Venezuela’s opposition government

Venezuela’s most important foreign asset, its $10 billion U.S. refining arm Citgo Petroleum, is hunkering down to arm itself with a legal strategy to block efforts for its board to Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Mexico

Crude oil production from Mexico’s Pemex up slightly in December

Crude production from state-owned oil company Pemex averaged 1.71 million barrels per day (bpd) in December, up 0.8 percent compared to output the previous month, according to company data published Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Pence Pledged U.S. Backing Before Venezuela Opposition Leader’s Move

That late-night call set in motion a plan that had been developed in secret over the preceding several weeks, accompanied by talks between U.S. officials, allies, lawmakers and key Venezuelan Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Crisis Deepens As The World Take Sides

The political standoff in Venezuela continues as the world watches with apprehension and countries begin to take sides, backing one of the two leaders claiming to be president of the Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

With Venezuela sanctions looming, USGC refiners face premiums for replacement barrels

The Trump administration is poised to impose sanctions on US imports of Venezuelan crude oil, a move which will leave US Gulf Coast refiners scrambling for more costly replacement barrels, Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Modest Rig Count Gain Caps Oil Prices

Baker Hughes reported modest rise in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling rigs Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Prices
  • USA

Gasoline Overproduction Leads To Negative Margins

Excess supply of gasoline coupled with slow demand has pressured refiners margins, Reuters reports , noting refining margins for the fuel in the United States sank to US$45.70 a barrel Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

EIA: U.S. Crude Oil Production To Keep Setting Records Until 2027

U.S. crude oil production will keep setting annual records until 2027 and will remain higher than 14 million bpd through 2040, thanks to continuously growing shale production, the U.S. Energy Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Arctic
  • USA

Opponents of Arctic oil, gas drilling deride federal review

 Opponents of oil and gas development in the Coastal Plain of the Arctic National Wildlife Refuge are criticizing a US Interior Department environmental review as inadequate, previewing a potential legal Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US Oil Production 23 Years Ahead of Schedule

A year ago, the U.S. government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year. The Energy Information Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Air Quality
  • Climate
  • USA

How This Oil Refiners Group Rallied GOP Governors’ Support for Trump’s Rollback of Auto Standards

As the Trump administration worked to revise and relax federal fuel economy and emissions standards for cars and light trucks, an oil refiners trade group worked connections with Republican governors Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Refining
  • USA

Union says Shell dragging feet in refinery contract talks: sources

The United Steelworkers union (USW) said on Friday Shell Oil Co is delaying progress on important issues in negotiations for a new national agreement covering 30,000 U.S. refinery and chemical Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. drillers add rigs this week, but cut most in a month since 2016: Baker Hughes

U.S. energy firms this week increased the number of oil rigs operating for the first time this year but the rig count in January fell the most in a month Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Congress
  • USA

Republican Senators Introduce Bill To Boost Energy Development

Several Republican Senators have reintroduced a bill to streamline oil and gas development permitting in the U.S., aimed at boosting mineral revenues for states and reducing regulatory burdens and costs. Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Coal
  • USA

Central Appalachia coal supply tightness continuing into 2019: sources

As coal supply tightened in 2018, due to a boom in the export market, market participants expected supplies to replenish in early 2019, but so far, sources said people are Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Trump Admin Eyes Limiting States’ Powers to Block Pipelines

The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to sources. (Bloomberg) — The Trump administration Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Germany
  • LNG

Exxon Signs Up For Germany LNG Project

Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports , citing the German company. The Wilhelmshaven project Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • United Kingdom

UK Taxpayers To Foot $31B Platform Decommissioning Bill

Decommissioning the offshore platforms that have reached the end of their productive life will cost UK taxpayers some US$31.46 billion (24 billion pounds) over the next 45 years, a new Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Germany to phase out coal by 2038 in move away from fossil fuels

 Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Germany set to phase out coal-fired power stations by 2038

Germany is set to phase out all its coal-fired power stations by 2038, under a plan agreed by a government-appointed commission early on Saturday. The keenly-awaited deal calls for massive Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • International Oil Companies

Shell Set To Book Highest Profit Since 2014

Royal Dutch Shell ( is expected to report on January 31 its highest annual profit since 2014, although the oil price plunge late last year may hit Q4 earnings. Shell is Continue Reading

Posted On : 26 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures up on rising geopolitical tensions despite stock build

Crude oil futures were higher during mid-morning trade in Asia Friday despite a larger-than-expected build reported in US crude inventory, as markets continued to focus on ongoing geopolitical tensions between Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Oil prices climb as U.S. threatens sanctions against Venezuela

Oil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the United States makes good on signals that it could impose sanctions Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

A Look Back At 20 Years Of Gasoline Prices

On New Year’s Day, President Trump tweeted: (Click to enlarge) President Trump’s tweet on gasoline prices. I have written many times about the limited impact a sitting President can have Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple

Posts navigation

Older posts

Archives

  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
Website maintained by Post Carbon Institute
Theme: Royal Magazine by ThemeinWP