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Month: June 2019

Category:
  • Iran

Iran warns any clash in the Gulf would push oil prices above $100

U.S. military vessels in the Gulf are within range of Iranian missiles, a top military aide to Iran’s Supreme Leader Ayatollah Ali Khamenei said on Sunday, warning any clash between Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Angola

China demand for Angolan crude oil stalls as buyers hold out for lower prices: sources

African crude oil sales into China, the world’s biggest importer, have stalled as buyers wait for spot sale offers from top supplier Angola to fall in line with slumping benchmark Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Still Vulnerable to Oil Price Shock

Nigeria will be in a vulnerable position if oil prices fall again and further borrowing becomes too expensive or no longer feasible, a report has warned. Andrew Roche, sovereign debt Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Venezuela

Fuel Shortages Push Venezuelans to buy Gasoline in Brazil

Fuel shortages in Venezuela have caused an unprecedented flow across the Brazilian border. Venezuelans are driving to Brazil to tackle long queues to buy gas in Pacaraima, a border town Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Asia

Global recession fears grow as manufacturing shrinks across Asia

Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • China

Is China about to change the global oil trade?

China is now fully part of the global energy trading system, regularly importing more than 9m barrels a day of oil and a rapidly growing amount of natural gas. But Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • China
  • Electric Buses

With state subsidies and a firm hand, China races ahead with electric transport

Electric buses drive out of a public transportation hub in Shenzhen. More than 16,000 buses — almost none running on diesel or gas — circulate in the Chinese city. (Qilai Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • China

China’s Oil Industry Braces For Worst-Case Trade War Scenario

As the U.S.-China trade war continues to escalate , Beijing and its energy giants appear to be bracing for a worst-case scenario where the spat would drag on for years Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Indonesia

Can This Former Oil Giant Become Energy Independent?

Replacing diminishing reserves and guaranteeing domestic energy security are two of Indonesia’s policy priorities. As such, oil and gas exploration and development are key areas in which the government is Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple
Category:
  • Climate

Extreme weather has made half of America look like Tornado Alley

Repair and cleaning efforts begin on a neighborhood damaged by a tornado system that destroyed homes and cut off access to utilities on Wednesday in Dayton, Ohio. (John Minchillo/AP) May Continue Reading

Posted On : 3 Jun 2019 Published By : Tom Whipple

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