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Month: January 2020

Category:
  • Prices

Crude oil futures fall more than 1% on coronavirus-related demand concerns

Crude oil futures fell more than 1% in mid-morning trade in Asia Thursday as concerns of slower jet fuel demand emerged amid the recent rise in coronavirus-related cases and deaths Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Falls Further On Rising Crude, Product Inventories

The American Petroleum Institute (API) estimated on Wednesday a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared to analyst expectations of a Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Climate

Climate Change Could Cause the Next Financial Meltdown

Climate change has already been blamed for deadly bush fires in Australia, dying coral reefs, rising sea levels and ever more cataclysmic storms. Could it also cause the next financial Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Climate
  • International Oil Companies

Behind Closed Doors: Big Oil Talks Broader Emission Cuts

Several of the world’s largest oil companies talked behind closed doors on Wednesday about the potential adoption of more stringent emission reduction targets that could include emissions from the products Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Nuclear

How To Solve Nuclear Energy’s Biggest Problem

Nuclear waste is a huge issue and it’s not going away any time soon–in fact, it’s not going away for millions of years. While most types of nuclear waste remain Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Climate

Last decade most expensive for natural disasters: report

 The last decade was the worst on record for economic losses from natural disasters, amounting to $3 trillion – over a trillion more than the previous decade, insurance broker Aon Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Climate

Climate refugees cannot be sent back home, United Nations rules in landmark decision

Refugees fleeing the effects of the climate crisis cannot be forced to return home by their adoptive countries, a United Nations panel has ruled, in a landmark decision that could Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Iraq

Soleimani killing adds dangerous new dimension to Iraq unrest

Iranian-backed Shi’ite factions have exhorted Iraqis to turn out for a “million-strong” march on Friday aimed at whipping up anti-American sentiment as the United States’ struggle with Iran plays out Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Libya

The 1.2 Million Bpd Outage That Oil Markets Are Completely Ignoring

General Khalifa Haftar has shut off more than half of Libya’s oil exports, and the National Oil Company (NOC) has declared force majeure, taking a whopping 800,000 barrels per day Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Unauthorized Gas Drilling Could Have Serious Consequences

The European Union is eyeing long promised punitive measures against Turkey for its illegal military incursion into northern Syria, as well as its unauthorized natural gas drilling off Cyprus’ coast. Continue Reading

Posted On : 23 Jan 2020 Published By : Tom Whipple

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