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Month: February 2019

Category:
  • Venezuela

India To Continue Buying Venezuelan Oil Despite U.S. Warning

India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said on Thursday, after a top U.S. official Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • China
  • USA

Chinese, U.S. Trade Negotiators Inch Toward an Agreement

Chinese and U.S. trade negotiators concluded weeklong talks Friday, making some progress toward a broad agreement aimed at defusing the countries’ trade tensions, according to people with knowledge of the Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • China
  • USA

US-China trade talks finish with little sign of progress

US and Chinese negotiators concluded the sixth round of cabinet-level negotiations in Beijing on Friday with no indication of substantial progress on core issues that President Donald Trump has said Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • China
  • Renewables

As renewables soar, BP sees China hitting brakes on energy growth

 Global demand for renewable power will soar at an unprecedented pace over the coming decades, BP said in a benchmark report on Thursday, while China’s energy growth is seen sharply Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Coal

Tennessee Valley Authority Approves Closure of Two Coal-Fired Plants

The utility’s board voted Thursday to close its Paradise 3 coal plant in western Kentucky by the end of 2020 and to close its Bull Run plant in eastern Tennessee Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Biofuels
  • USA

U.S. Biofuel Just Got A Major Bump

The European Commission, the entity responsible for negotiating trade deals on behalf of the European Union, announced last week that they will now allow soybeans grown in the United States Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

Can U.S. Gas Production Keep Up With Demand?

In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West Texas Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Offshore
  • USA

BOEM Schedules Gulf Of Mexico Lease Sale For March

The Bureau of Land Management has scheduled a region-wide oil and gas lease sale for the Gulf of Mexico, in which it will offer a total 14,696 blocks spanning 78 Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Coal

US weekly production drops 11.4% on year; PRB production steepest drop: EIA

US coal production totaled nearly 13.1 million st in the week ended February 8, up slightly by 0.1% from the prior week, Energy Information Administration data showed Thursday. Receive daily Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Drilling economics in North American liquids-rich plays lift oil price outlook

Permian IRRs up 8 percentage points, Bakken rises to 31% WTI rolling 12-month forward curve tops $56/b Gas IRRs see narrow gain amid stable forward prices Denver — Half-cycle internal Continue Reading

Posted On : 15 Feb 2019 Published By : Tom Whipple

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