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Month: January 2019

Category:
  • USA

California Energy Commission and ARB report on status of hydrogen refueling station network

The California Energy Commission and California Air Resources Board (ARB) have released a joint report on the planning, design, development, and deployment of hydrogen refueling stations critical to supporting the Continue Reading

Posted On : 3 Jan 2019 Published By : Tom Whipple
Category:
  • Electric Cars
  • Norway

Norway’s electric cars zip to new record: almost a third of all sales

Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025. Continue Reading

Posted On : 3 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Oil falls to $53 on economic worries, surging supply

Oil fell to around $53 a barrel on Wednesday, pressured by rising output in major OPEC and non-OPEC producers and concern about an economic slowdown that could weaken demand.  Russian Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • Prices

Crude futures dip on bearish supply outlook

Crude oil futures dipped in mid-morning trade in Asia Wednesday as a bearish supply outlook kept a lid on prices. At 10:56 am Singapore time (0256 GMT), ICE March Brent Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • Oil Supply

Oil Tanker Firms Scrap Most Ships In Three Decades

Companies around the world have scrapped a record number of large crude tankers in 2018. About 100 vessels of the industry’s main crude carriers have been sent to India and Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • Oil Supply

The New Oil Order

In the decades preceding the arrival of U.S. shale oil, the oil market had only one stabilizing force, namely OPEC. The reason the oil market was structured as such was Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • Iraq

Iraq’s oil exports rise to 3.73 million bpd in December: oil ministry

Iraq’s oil exports averaged 3.726 million barrels per day (bpd) in December, a significant increase from the previous month, the oil ministry said on Wednesday. Exports from Iraq’s southern Basra Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • India

Exclusive: Indian state oil firms have stopped taking margin hit on petrol and diesel sales

Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cents) a liter in their marketing margins on the sale of petrol and diesel due Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • China

Stocks Open 2019 With a Tumble Over Weak Chinese Data

Analysts at Jefferies pointed to a “perfect” storm in the final months of 2018, including high oil prices, a strong dollar and an upward shift in the U.S. yield curve, Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s Crude Oil Production Rises 9 Percent

Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of Continue Reading

Posted On : 2 Jan 2019 Published By : Tom Whipple

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