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Month: July 2019

Category:
  • Prices

Oil prices fall on U.S. inventory data, concerns about demand

Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy. Front-month Brent crude futures Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Climate

Maritime Operators Set Full Speed Ahead for Cleaner Ships

This sense that ships effectively have no true home is why the industry was excluded from the 2015 Paris Agreement among countries to cut greenhouse gas emissions. Shipowners instead offered Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Climate

This Oil Major Says Net Zero Emissions Is ‘The Only Way To Go’

The world needs to get to the point at which it will no longer add to the stock of greenhouse gases, and reducing emissions to net zero “is the only Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Iran

Tehran fumes as Britain seizes Iranian oil tanker over Syria sanctions

British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic step that drew Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Libya

Libya’s Tripoli Government Blames U.A.E. for Deadly Airstrike

Libya’s United Nations-backed government blamed the United Arab Emirates for an airstrike that killed more than 50 people in Tripoli this week, suggesting a new level of foreign intervention in Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Iran

Germany working at top speed to get Iran barter scheme running: spokesman

Germany is working hard to reach the point where the first transactions can be carried out under a special trade channel being set up to enable trade between Iran and Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Iran

Squeezed by U.S. Sanctions, Iran Shifts From Patience to Confrontation

While the Trump administration has increased economic pressure on Iran to deter the country from obtaining nuclear weapons, President Trump and North Korean leader Kim Jong Un agreed to restart Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Iran

Iranian official threatens to seize British oil tanker

The oil tanker is suspected of carrying crude oil to Syria An Iranian official has said a British oil tanker should be seized, if a detained Iranian ship is not Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • Kazakhstan

Chevron chastised by Kazakh leadership after oil field violence

Kazakhstan has snubbed a top Chevron official over unrest at the giant Tengiz oil field, operated by the company’s Kazakh joint venture Tengizchevroil (TCO), as new President Kassym-Jomart Tokayev welcomed Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple
Category:
  • China

Chinese thermal coal demand to fall with launch of new power transmission line

Transmission line connects Xinjiang to Anhui Thermal coal burn to fall by 30 million mt/y China’s thermal coal demand is likely to fall once the world’s longest ultra-high voltage transmission Continue Reading

Posted On : 5 Jul 2019 Published By : Tom Whipple

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