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Month: March 2019

Category:
  • Biofuels

Trump’s EPA unveils plan to pump up ethanol as Big Oil cries foul

The U.S. Environmental Protection Agency on Tuesday released its proposed rule lifting a summer ban on higher-ethanol blends of gasoline to help farmers, putting the agency on a collision course Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

U.S. Supermajors Could Form A New Oil Cartel

The ambitious shale growth plans of the U.S. supermajors could in the future allow them to control so much of U.S. shale oil production that they could also control the Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Canada

Is A Crisis Looming For Canadian Oil?

Earlier this month when pipeline operator Enbridge said its Line 3 pipeline will only return to operation in the second half of 2020, it was very bad news for Alberta. Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Russia

Russian Oil Firms Ready To Cut Production

At an energy ministry meeting earlier this month, Russia’s oil majors confirmed that they would be sticking to the production cuts that Russia had pledged in the OPEC+ deal, Vagit Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • United Kingdom

No-deal Brexit risks rise for commodity markets

The risk of a no-deal British exit from the EU increased Tuesday following the defeat of Prime Minister Theresa May’s proposed Brexit deal in parliament, boosting the potential impact on Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

The Volkswagen Group is now planning to launch almost 70 new electric models in the next ten years instead of the 50 previously planned. As a result, the projected number Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

Shell aims to become world’s largest electricity company

Royal Dutch Shell, one of the world’s biggest oil and gas groups, is aiming to become the largest electricity company by the 2030s, as it prepares for a fundamental  shift Continue Reading

Posted On : 13 Mar 2019 Published By : Tom Whipple
Category:
  • Prices

Oil rises as Saudi deepens OPEC supply cuts, but U.S. surge caps gains

Oil prices rose on Tuesday, as OPEC’s de facto leader Saudi Arabia appeared to deepen the group’s supply cuts aimed at tightening markets, although gains were capped by the ongoing Continue Reading

Posted On : 12 Mar 2019 Published By : Tom Whipple
Category:
  • Prices

Oil gains over 1 percent as Saudi stands by OPEC output cuts

Oil prices rose more than 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June.  Brent Continue Reading

Posted On : 12 Mar 2019 Published By : Tom Whipple
Category:
  • Climate

Top Oil Execs Call for Change as Climate, Technology Concerns Threaten Industry

Some of the world’s top oil executives plan a call to action at a premier industry conference this week, arguing that companies need to actively address climate change and technology Continue Reading

Posted On : 12 Mar 2019 Published By : Tom Whipple

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