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Month: April 2019

Category:
  • Nigeria

Saudi Arabia, Nigeria look to strengthen oil ties

Highlights To sign MOU on energy investment Saudi Aramco looking at building oil refinery in Nigeria Nigerian refining in urgent need of investment London — Saudi Arabia is looking to Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Ecuador

Indigenous Group In Ecuador Vows To Save Amazon From Oil Drilling

The Waorani people of the Amazon in Ecuador have renewed their vow to continue their fight to keep their ancestral land off limits for oil drilling, threatening to defend their Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Australia

Australia Starts Importing U.S. Light Crude

Australia has joined the growing list of U.S. crude oil importers with two tankers currently en route to Down Under with cargoes of light U.S. crude, Reuters reports , citing Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • China
  • Iran

China, US face off on Iranian crude flows, with risks to global economy

China and the US are in an intense standoff over Iranian crude oil, with China indicating they may continue to import those medium and heavy barrels even after a sanctions Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Coal

Close Coal Plants, Save Money: That’s an Indiana Utility’s Plan. The Coal Industry Wants to Stop It.

The Michigan City Generating Station, one of NIPSCO’s coal-fired power plants, sits on the shore of Lake Michigan. Burning coal contributes greenhouse gas emissions that fuel climate change, but that Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Climate

How a New White House Memo Could Undermine Science in U.S. Policy

The memo was signed by Russell Vought, a former top official at the political arm of the conservative Heritage Foundation who is now acting director of the White House Office Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Alaska

Not so fast: Trump’s Alaska drilling study slammed by U.S. wildlife regulator

The Trump administration failed to adequately consider oil spills, climate change and the welfare of polar bears in its expedited study of proposed drilling in Alaska’s Arctic National Wildlife Refuge, Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Chevron profit falls 27 percent on lower oil prices, Anadarko deal in focus

Chevron Corp’s first-quarter profit fell 27 percent from a year earlier due to lower crude oil prices and weaker margins in its refining and chemicals businesses, but topped forecasts and Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Refining

Big Oil Profits Fall as Geopolitics Weigh on a Mainstay, Refining

The world’s largest oil companies are reporting underwhelming first-quarter profits as an array of geopolitical challenges and weaker prices around the world slowed recent progress in generating excess cash and Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Exxon looks at rejoining US shale consolidation wave

ExxonMobil is interested in acquiring more assets in the Permian Basin of Texas and New Mexico, the heartland of the US shale oil boom, and could do a substantial deal, Continue Reading

Posted On : 27 Apr 2019 Published By : Tom Whipple

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