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Month: May 2019

Category:
  • Venezuela

None Of Venezuela’s Crude Oil Upgraders Are Processing Oil

Venezuela has stopped upgrading crude oil as PDVSA finds itself without buyers in the wake of US sanctions, according to sources who spoke to Reuters. Venezuela hasn’t shut down its Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela wants Russia to help restructure its debt to other countries: RIA

Venezuela would like Moscow to help it restructure its external debt to other countries, Russia’s RIA news agency cited Venezuela’s ambassador in Geneva as saying on Friday. Asked whether sanctions-hit Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s ad-hoc PDVSA board begins payment on Citgo-backed 2020 bond

Venezuela’s ad-hoc board of directors for state oil company PDVSA, appointed by opposition leader Juan Guaido, said on Thursday it has made an interest payment on its bond maturing in Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • China

China cancels U.S. pork import order as U.S.-China trade war drags on

CHICAGO (Reuters) – The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of U.S. pork – Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • China
  • LNG

U.S. LNG exporters face headwinds due to trade war with China

The U.S. trade war with China has dozens of developers of liquefied natural gas export terminals scrambling to find other buyers, now that the fastest-growing market for the fuel is Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Natural Gas Supply

New York Ditches Gas Pipeline Proposal Despite Soaring Electricity Bills

In an unsurprising move, the New York state authorities rejected a proposal for a new natural gas pipeline that would have supplied 400 million cu ft of natural gas daily Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Railroads

Midwest flooding may affect utility coal shipments, stockpiles for months

Highlights Union Pacific, BNSF still shipped roughly 60% of demand in March Recovery to ‘pre-flood levels’ took place in April Utilities could feel the impact of flooding in the Midwestern Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Shale Oil

US oil and gas rig count falls by six on the week to 1,065: Platts Analytics

Houston — The US oil and natural gas rig count fell by six to 1,065 week on week Thursday, continuing a steady decrease that has been a trend for the Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • LNG

Expansion of Freeport LNG export terminal gets FERC’s nod

The Federal Energy Regulatory Commission continued advancing LNG projects May 16, granting approval to a fourth train at the Freeport LNG export terminal in Texas that would add up to Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Howard Energy Completes Permian Growth Projects

San Antonio, TX-based Howard Energy has completed several midstream infrastructure projects in the Permian Basin’s Delaware Basin. Howard Energy Partners (HEP) has completed construction on its crude oil and natural Continue Reading

Posted On : 17 May 2019 Published By : Tom Whipple

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