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Month: February 2020

Category:
  • Gulf Of Mexico

When Safety Rules on Oil Drilling Were Changed, Some Staff Objected. Those Notes Were Cut

As the offshore oil industry’s federal regulator completed its overhaul of a major well-drilling safety rule in 2018, the agency’s director picked up the phone to a staff engineer to Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • Prices

Port of Los Angeles Sees Coronavirus Impact Sharply Reducing Imports

As Chinese business shutdowns extended past the traditional Lunar New Year holiday into February, and workers stayed home from factories and ports, “it became pretty clear…that we were looking at Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • East Asia
  • Prices
  • USA

U.S. Crude Too Pricey For Asian Markets

Slumping Asian oil demand amid the coronavirus outbreak has led to a sharp drop in Middle Eastern and Asian regional crude prices, while prices for rival U.S. WTI Midland grade Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Schlumberger Chief: Crazy Shale Growth Is A Thing Of The Past

The crazy rate of production growth seen in US shale over the last five years is a thing of the past, Schlumberger CEO Olivier Le Peuch told Reuters on Tuesday Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Weekly Petroleum Status Report

Summary of Weekly Petroleum Data for the week ending February 21, 2020 U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending February 21, 2020, Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Air Quality
  • Flaring

New Study Finds Far Greater Methane Threat from Fossil Fuel Industry

A new study published in Nature may have ended a long scientific debate about the key source of rising methane levels in the atmosphere. It found that methane emissions from Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Shale Oil

To Many’s Dismay, Permian Produces More Gas and Condensate Instead of Oil and Profits

As oil prices plummet, oil bankruptcies mount , and investors shun the shale industry, America’s top oil field — the Permian shale that straddles Texas and New Mexico — faces Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Flaring

In the Midst of Excess, Shortages Abound

If you take a drive through oil country in western North Dakota at night, you will see hundreds of places where natural gas is being flared (or burned) off. This Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Environment
  • USA

White House effort to roll back bedrock environmental law spurs strong opposition

White House effort to roll back bedrock environmental law spurs strong opposition The White House heard an outpouring of opposition to its plans to roll back a landmark environmental law Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple
Category:
  • Sea Level Rise
  • USA

After Trump Mocks a Sea Wall in New York, Plan Is Abruptly Shelved

The Trump administration has unexpectedly halted a project to protect the New York City region from flooding during dangerous storms like Hurricane Sandy — a decision that came six weeks Continue Reading

Posted On : 27 Feb 2020 Published By : Tom Whipple

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