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Month: February 2020

Category:
  • LNG

Regional LNG Finds Growing Demand off the Pipeline Grid

While massive world-scale LNG projects around the coast of North America have dominated headlines, smaller-scale regional LNG is also growing quickly. While massive world-scale liquefied natural gas (LNG) projects around Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Are Republicans coming out of ‘the closet’ on climate change?

Young climate activists outside the White House in September. (Jahi Chikwendiu/The Washington Post) Bruce Westerman, a Republican congressman from Arkansas, has a plan to help save the planet — one Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Exxon

Exxon: An Oil Giant In Crisis

Goldman Sachs downgraded ExxonMobil’s shares to Sell from Neutral, following another disappointing quarter. Exxon reported a drop in profits on Friday for the fourth quarter, weighed down by a deterioration Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Big businesses face pressure to avoid investing in areas Trump wants to develop

Democrats are mounting an end-run around the Trump administration’s plans to open public lands to oil drilling and other development– by going straight to the purse strings. A dozen-and-a-half senators Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Europe
  • Natural Gas Supply

Why Europe’s Gas Glut Is Worsening

Europe could import some 100 million tons of liquefied natural gas this year as many cargoes turned down by Asian buyers head for the continent, Reuters has reported , citing Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • Russia

Russia’s Oil Production Hits Highest In Five Months

Russia’s production of crude oil and condensate inched up to 11.28 million barrels per day (bpd) in January, up from 11.26 million bpd in December and the highest production level Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Europe
  • Natural Gas Supply
  • Russia

Russian gas supplies to Europe plunge in January

Russian gas supplies to Europe plunged in January, S&P Global Platts Analytics data showed Monday, with exports via Ukraine down 71% on the month despite the new gas transit agreement Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Electric future: Britain to ban new petrol and hybrid cars from 2035

Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • BP

BP Posts Small Quarterly Loss, Raises Dividend

BP said it planned to divest $15 billion of assets by mid-2021, having previously targeted $10 billion in asset sales by the end of 2020. The company has already unloaded Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • Russia

China’s favorite Russian ESPO crude falls victim to coronavirus scare

Far East Russian crude oil is likely to bear the brunt of China’s economic slowdown aggravated by the coronavirus outbreak, with both state-run and private Chinese refiners poised to cut Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple

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