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Month: June 2019

Category:
  • Vatican

Major oil companies commit to carbon pricing at Vatican

Some of the world’s major oil producers pledged Friday to support “economically meaningful” carbon pricing regimes after a personal appeal from Pope Francis to avoid “perpetrating a brutal act of Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • Russia

Russian oil exports via Ust-Luga to fall in third-quarter due to contamination

MOSCOW (Reuters) – Third-quarter flows of Urals crude via Russia’s Baltic port of Ust-Luga are set to slide to 2.8 million tonnes from 9 million scheduled for April-June, a plan Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • France

Oil group Total hopes new supercomputer will help it find oil faster and more cheaply

Energy major Total said its new supercomputer – which has propelled it to a world ranking as the most powerful computer in the sector – will enable its geologists to Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • Russia

Gazprom says U.S. LNG is not replacing Russian gas in Europe

Russian natural gas producer Gazprom said on Tuesday that U.S. liquefied natural gas was not currently replacing Russian gas on European markets. The United States has become the world’s fastest-growing Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • Russia

Russia defies pipeline threats over gas for Europe

In the extreme conditions of Russia’s far northern Yamal peninsula, 500km from the nearest town, thousands of workers are drilling 1. 7km through permafrost for a contentious resource.  The natural gas Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • Norway

Opposition Says Norway Is Buying Itself Out Of Climate Goals

Norway will be increasingly tempted to fund carbon emission cuts abroad instead of reining in its own greenhouse gas emissions in order to reach its ambitious 2030 climate goals, a Continue Reading

Posted On : 18 Jun 2019 Published By : Tom Whipple
Category:
  • Prices

Oil prices slip as economic worries outweigh tanker tensions

Oil prices slipped on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers in the Continue Reading

Posted On : 17 Jun 2019 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures higher on heightened trade, geopolitical risks

Crude oil futures were higher during mid-morning trade in Asia Monday as ongoing global trade and geopolitical tensions continued to provide support for prices.  At 10:58 am Singapore time (0258 Continue Reading

Posted On : 17 Jun 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi seeks oil supply protection as U.S. and Iran face off

Saudi Arabia called for swift action to secure Gulf energy supplies and joined the United States in blaming Iran for attacks on two oil tankers in a vital shipping route Continue Reading

Posted On : 17 Jun 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Energy Minister hopes OPEC agrees to extend production cut ‘early July’

Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on Continue Reading

Posted On : 17 Jun 2019 Published By : Tom Whipple

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