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Month: July 2019

Category:
  • China

China’s State-Driven Growth Model Is Running Out of Gas

Yet from a different perspective, it’s far less impressive. First, official statistics probably paint too flattering a picture. Per-capita income may be a quarter lower than reported, based on a Continue Reading

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

Oil service firms eye new survival tactics amid weak U.S. market

Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the Middle East to weather a new round of spending cuts by producers Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple
Category:
  • Oil Supply

U.S. crude oil stockpiles drop amid Barry, fuel posts large builds – EIA

U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose sharply, the Energy Information Administration said on Wednesday, due to the impact of the Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple
Category:
  • Refining

PES refinery expected to shut remaining units as crude supply dwindles: sources

The Philadelphia Energy Solutions refinery in Pennsylvania, the oldest and largest one on the U.S. East Coast, is expected to shut its remaining units on Monday as the plant uses Continue Reading

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

US – update through March 2019

These interactive presentations contain the latest oil & gas production data from 111,702 horizontal wells in 12 US states, through March 2019. Cumulative oil and gas production from these wells Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple
Category:
  • Climate

Widespread, oppressive and dangerous heat to roast much of the U.S. through the weekend

National Weather Service forecast for the maximum heat index on Saturday. (weatherbell.com) A heat wave featuring a life-threatening combination of heat and oppressive humidity has begun to spread across the Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple
Category:
  • Climate

Deluged by Barry, Arkansas becomes fifth state to set tropical storm rainfall record in past two years

Rainfall estimates (from radar and gauges in Arkansas) over the past week. (National Weather Service) (This article was updated based on the new rainfall report from Dierks, Ark.) Louisiana grabbed Continue Reading

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

Weekly Petroleum Status Report

Summary of Weekly Petroleum Data for the week ending July 12, 2019 U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending July 12, 2019, Continue Reading

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

IEA: U.S. Will Be The World’s Top LNG Exporter In 2024

The United States will surpass current market leaders Australia and Qatar to become the world’s biggest liquefied natural gas (LNG) exporter in 2024, a high-ranking official at the International Energy Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple
Category:
  • Canada

Canada LNG Facility Snags First Export Contract

The recently expanded Tilbury LNG terminal in Delta, B.C., has won its first export contract, facility owner FortisBC reported Tuesday. The recently expanded Tilbury LNG terminal in Delta, B.C., has Continue Reading

Posted On : 17 Jul 2019 Published By : Tom Whipple

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