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Month: January 2020

Category:
  • Russia
  • Syria
  • USA

US, Russian Forces Face Off Near Syria’s Oilfields

U.S. troops blocked on Sunday a Russian military convoy from accessing oilfields in Syria’s northeast, in the fourth such skirmish in eight days, Turkish news outlet Daily Sabah reported . Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Iraq

Iraqi Oil Field Resumes Production As Protests Subside

The Al Ahdab oil field in Iraq has resumed oil production after a week’s suspension that followed protests from security guards at the field, Bloomberg reports . Production has resumed Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Libya

Libya chaos to deepen if blockade continues: NOC’s Sanalla

Libya’s oil sector is facing a catastrophic situation as production is poised to fall to just 72,000 b/d “very soon” if the blockade led by the self-styled Libyan National Army Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Iran

Motion for Iran to quit nuclear proliferation treaty enters parliament

A motion for Iran to quit the nuclear Non-Proliferation Treaty (NPT) was introduced in parliament on Tuesday, the assembly’s news site ICANA reported, in a move that appears to raise Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Electric Cars
  • India

Tata launches ‘ecosystem’ to kickstart Indian clean vehicles

India’s Tata Group is making its biggest push yet toward clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Russia
  • Venezuela

How Putin Outfoxed Trump in Venezuela

The Trump administration’s bid to replace Venezuela’s authoritarian leader Nicolás Maduro hit a roadblock after a meeting with Russian officials in Rome last year—and has never recovered. U.S. envoy Elliott Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Brazil

Brazil Decides Against Joining OPEC

Brazil has decided to stay out of OPEC for the time being as it seeks to expand its oil production, Bloomberg has reported, citing energy minister Bento Albuquerque. “The idea Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Venezuela

PDVSA shuts its last two operating refineries in Venezuela: Amuay, Cardon

PDVSA has shut down its last two operating refineries in Venezuela, closing its Amuay and Cardon facilities at the Paraguana Refining Center (CRP), the largest refining complex in the country, Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Argentina
  • Shale Oil

Equinor, Shell and Total vow to press on with projects in Vaca Muerta

Equinor, Shell and Total vowed to press on with projects in Vaca Muerta, even as policy uncertainty and price controls make it harder to plan investment in Argentina’s biggest shale Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Guyana

ExxonMobil ups its Guyana resource estimate to more than 8 billion boe, makes 16th discovery

 ExxonMobil raised the amount of its estimated recoverable reserves in Guyana Monday by more than 30% to more than 8 billion boe, even excluding the just-announced latest discovery.  Urau-1 is Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple

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