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Month: February 2020

Category:
  • Economy

Human Consumption of Natural Resources Exceeds an Annual 100 Billion Tonnes

In 1969, the late Professor Albert Bartlett famously delivered a lecture, entitled “Arithmetic, Population and Energy” , which begins with the observation that, “The greatest shortcoming of the human race Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia seeks bigger oil cut as coronavirus slashes demand

Saudi Arabia is pushing to make a substantial cut in oil production when Opec and its allies meet next week, as global energy producers scramble to respond to the coronavirus Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Iran

How Iran Became a New Epicenter of the Coronavirus Outbreak

A man disinfects the shrine of Fatima Masumeh, in Qom, Iran, against coronavirus. Iran’s deputy health minister, Iraj Harirchi, was pale and drenched in sweat during a press conference on Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia Aims For Additional Cuts As Oil Plunges Below $50

Faced with a slump in demand and plunging oil prices, OPEC’s top producer and de facto leader Saudi Arabia is asking members of the OPEC+ group to consider an additional Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Why Excess Crude Account Dropped 78% in Two Months – Official

Oil field State governors, who are members of the National Economic Council (NEC), on Thursday explained why the Excess Crude Account ( ECA ) balance dropped by about 78.2 per Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • East Africa

Swarms of Locusts Destroy Huge Swaths of Farmland in East Africa

Across Somalia, desert locusts in a swarm the size of Manhattan have destroyed a swath of farmland as big as Oklahoma. In Kenya, billions-strong clouds of the insects have eaten Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Egypt
  • Ethiopia
  • Sudan

U.S. says it will keep engaging Egypt, Ethiopia, Sudan on Blue Nile dam

The United States will continue to work with Egypt, Ethiopia and Sudan until they sign an accord on a giant Blue Nile hydropower dam, after failing to secure signatures from Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Venezuela

Indian Refiners To Stop Importing Venezuelan Crude

Two Indian oil refiners who still buy Venezuelan crude will stop importing oil from the Latin American country from April as the U.S. steps up sanctions pressure on Nicolas Maduro’s Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Venezuela

This Could Be The End Of Chevron’s Business With Venezuela

The Trump Administration is unlikely to grant U.S. supermajor Chevron another waiver to operate in Venezuela as the United States is increasing pressure on Nicolas Maduro’s regime, Bloomberg reported on Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • Guyana

World’s Biggest New Oil Find Turns Guyana Upside Down

To mark the flow of the world’s biggest oil discovery in years, President David Granger declared a new holiday, National Petroleum Day, on Dec. 20. Backed by soothing Caribbean tunes Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple

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