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Month: June 2019

Category:
  • Japan

Japanese refiners consider steps to handle oil supply disruptions amid Mideast tensions

Japanese oil refiners are studying measures to handle potential disruption to crude supply from the Middle East amid mounting tensions in the region, the head of the Japan Petroleum Association Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Japan

Japan refiners weigh alternative crude supply without transiting Strait of Hormuz: PAJ chief

Japanese refiners have started weighing alternative crude supply sources that would not need to transit through the Strait of Hormuz, including from the Red Sea side in Saudi Arabia, West Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Oilfield Services Are Flexing Their Muscles

After several years in the doldrums, oilfield service companies are beginning to raise prices for their products and services, according to Rystad Energy. “Oil and gas investments are on the Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Biofuels

Trump orders review of controversial biofuel waiver program: sources

U.S. President Donald Trump has directed members of his Cabinet to review the administration’s expanded use of waivers exempting small refineries from the nation’s biofuel policy, after hearing from farmers Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count drops 13 to 1,040 on week: S&P Global Platts Analytics

Highlights US oil and gas rig count continues weekly seesaw Permian had biggest loss this week, down 14 to 434 But Permian rigs should increase later this year Houston —  Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • USA

Coal, nuclear will have ‘almost disappeared’ from US power mix by 2050: report

Bloomberg’s New Energy Outlook 2019 concludes that US coal and nuclear resources are expected to have “almost disappeared from the electricity mix” by 2050, largely as a result of “age Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Canada

Trudeau’s Crude Pipeline to Ship Oil by 2022

The oil pipeline that Canadian Prime Minister Justin Trudeau’s government approved on Tuesday is slated to start shipping crude as early as 2022 and cost more than C$7.4 billion ($5.6 Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Refining

Fire burns out of control at Philadelphia refinery amid reports of explosions

A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as NBC Philadelphia reported a series of explosions Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Is Bakken Oil Production Set For An Unexpected Drop?

North Dakota set an oil production record in January this year, and crude output in the state home to the Bakken shale play held close to that record level in Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple
Category:
  • Climate

State Republican Senators Flee Oregon To Avoid Vote On Climate Bill

Republican lawmakers at the Oregon State Senate fled the state on Thursday to avoid being forced to vote on a climate bill that the Oregon House passed earlier this week Continue Reading

Posted On : 21 Jun 2019 Published By : Tom Whipple

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