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Month: April 2019

Category:
  • China

China to ban imports of pigs from Cambodia due to African swine fever

China will ban imports of pigs, wild boars and related products from Cambodia, its customs said on Monday, after the Southeast nation reported its first case of the highly-contagious disease. Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • China
  • USA

Mnuchin Says Trade Negotiations With China Are in ‘the Final Laps’

Treasury Secretary Steven Mnuchin said on Sunday that trade talks between the United States and China were entering a critical point as an American delegation heads to Beijing this week Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • China

China spends $73 billion on transport infrastructure in March quarter: ministry

China’s total fixed-asset investment in transport infrastructure hit 488.9 billion yuan ($72.66 billion) from January to March this year, up 4.8 percent from a year earlier, according to official data Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • International Oil Companies

Report: Big Oil Is Spending ‘’Too Much’’ On New Oil Production

Big Oil plans to spend nearly US$5 trillion in capital expenditure over the next decade, much of which would go into adding new production. Yet this money will also bring Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Big Oil’s Biggest Weapon In The Permian

While European oil supermajors are yielding to investor pressure to set emission reduction targets and announcing investments in renewables and EV charging networks, U.S. majors ExxonMobil and Chevron are doubling Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

LOUSY SHALE ECONOMICS: Financial Troubles Continue At ExxonMobil

After reporting lower than expected earnings, ExxonMobil’s stock price sold off on Friday. The company blamed poor performance on reduced production volumes and a weaker oil price. However, the real Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Trafigura ships its first-ever West Texas Light cargo: source

Reuters reported earlier this month that South Korea has been testing WTL, a super-light oil, as a possible substitute for Iranian condensate as it seeks alternatives for those shipments after Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Exclusive: Anadarko to pursue deal talks with Occidental Petroleum

Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to Chevron Corp for $33 billion, decided on Sunday to begin Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Anadarko prepares to endorse $55bn bid from rival Occidental

Anadarko Petroleum is preparing to endorse a hostile $55bn bid from its rival Occidental Petroleum, putting its sale to oil major Chevron in jeopardy, according to people with knowledge of Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • Climate

New EPA document tells communities to brace for climate change impacts

The Environmental Protection Agency published a 150-page document this past week with a straightforward message for coping with the fallout from natural disasters across the country: Start planning for the Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple

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