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Month: May 2019

Category:
  • Shale Oil

U.S. oil drillers cut rigs for third week in four: Baker Hughes

U.S. energy firms this week reduced the number of oil rigs operating for the third time in four weeks even as crude production forecasts increase despite some drillers cutting spending. Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Inches Higher As Rig Count Continues To Decline

The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Occidental Petroleum, Anadarko Seal The Deal

Occidental Petroleum and Anadarko yesterday signed a merger agreement putting the final stroke to the biggest deal in oil and gas since Shell’s acquisition of BG Group. Hart Energy quoted Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Air Quality

Study finds that current approach to limiting wintertime pollution may initially backfire

The processes that create ozone pollution in the summer can also trigger the formation of wintertime air pollution, according to a new study from researchers at the University of Colorado Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Oilfield services firm Weatherford to file for Chapter 11 bankruptcy

Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on Friday it would file for Chapter 11 bankruptcy protection. The company, which Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • LNG

Cameron LNG seeks authorization to ship commissioning cargoes

As it prepares to start production of its first liquefaction train, Sempra Energy’s Cameron LNG is asking US regulators for permission to ship its planned commissioning cargoes on a specified Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Coal

New York adopts rules to phase out coal power plants by 2020

New York environmental regulators adopted rules to reduce carbon dioxide emissions from power plants that will force generators to stop burning coal in the state by the end of 2020.  Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Russia

Factbox: Russian oil flows to Europe drop amid contamination

Russia halted oil flows along the Druzhba pipeline to Eastern Europe and Germany in April because of contaminated crude, contributing to a rise in global oil prices and leaving refiners Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Russia

Russia resumes Ust-Luga crude loadings after contamination shutdown

Moscow — Russia has resumed loading Urals crude at the Baltic port of Ust-Luga following a contamination issue that has shut down deliveries for a number of weeks. “Currently at Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple
Category:
  • Electric Cars

Volkswagen targeting recycling 97% of raw materials in end-of-life EV battery packs

Volkswagen plans to build one million electric vehicles a year by 2025; given this target, handling battery recycling internally is a priority for cost and environmental reasons. In the long Continue Reading

Posted On : 11 May 2019 Published By : Tom Whipple

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