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Month: February 2020

Category:
  • China
  • USA

U.S. declares coronavirus a public health emergency

The Trump administration on Friday declared a public health emergency over the coronavirus outbreak and said it would take the extraordinary step of barring entry to the United States of Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • International Oil Companies

ExxonMobil and Chevron stick to spending plans despite challenges

ExxonMobil and Chevron reaffirmed multibillion-dollar capital spending plans for 2020 despite challenging oil and gas prices and a short-term surplus of capacity among refineries and liquefied natural gas  plants. The two Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Exxon

Exxon’s Earnings Slump On Poor Petrochemical, Refining Results

ExxonMobil (NYSE: XOM) reported on Friday fourth-quarter earnings down from a year earlier, as lower natural gas prices and weak chemical and refining margins were not enough to offset cash Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Chevron

Chevron Swings To $6.6B Loss After Huge Shale Gas Write-Off

Chevron Corporation ( NYSE: CVX ) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Energy Storage

Hydro-Québec to commercialize patents co-invented by Goodenough and Braga for electrolyte for solid-state Li-ion batteries

Hydro-Québec and The University of Texas at Austin signed an agreement for the transfer to Hydro-Québec of patents co-invented by Dr. John B. Goodenough, a professor at The University of Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Shale Oil

What Impact Would a Fed. Acreage Frack Ban Have?

Rystad Energy looks at the potential impact of a federal acreage fracking ban. If fracking activity was to be eliminated on federal acreage, the result would be a widespread shift Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Canada
  • Pipelines

Enbridge’s Struggle To Change Terms On Canada’s Largest Crude Oil Pipeline

Enbridge, which wants to change the contract terms on the largest Canadian oil pipeline network, believes that Canadian producers who have opposed that change may want to stall a review Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • USA
  • Wind

Wind generation installations to hit record 15.2 GW in 2020: Wood Mackenzie

The US is likely to build 15.2 GW of wind generation in 2020, a Wood Mackenzie consultant maintains, led by growth in the Midwest, West and in Texas, which industry Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Coal
  • Electricity
  • USA

US January coal-fired generation plunges on low gas prices, mild weather

US coal-fired generation continued to decline in January as natural gas pricing dropped and weather remained mild, an S&P Global Platts Analytics report said Friday. Receive daily email alerts, subscriber Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

The Trump administration isn’t producing the economic gains it promised

It’s official: The economy last year grew at its slowest pace of President Trump’s term so far, expanding by 2.3 percent, well below the clip the president pledged to deliver. The report from Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple

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