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Month: April 2020

Category:
  • Geothermal

The Oil Price Crash Could Trigger A Geothermal Energy Boom

‘Geothermal is America’s untapped energy giant,’ the U.S. Department of Energy said in a report last year, highlighting in its analysis that this kind of “always-on” flexible renewable energy resource Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Texas Oil Regulators Could Mandate 20% Output Cuts

With crude prices plummeting to 20 year lows and a local industry in shambles, Texas oil regulators are contemplating the unthinkable : cutting statewide oil production for the first time Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Production To Drop By Record Amount In April

The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, according to Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Texas regulators weigh production cuts to boost oil prices

With crude prices plummeting to 20-year lows and tens of thousands of oil workers already laid off, the Texas agency that oversees the oil and gas industry will meet Tuesday Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Wind

Offshore Oil Could Soon Be Powered By Wind

Longer blades, taller towers, more powerful turbines: wind energy seems to be past the peak of innovation now, improving incrementally rather than with breakthrough. And yet none other than an Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Economy
  • France

French economy to contract 8% this year as lockdown extended: minister

The French government on Monday scrapped its days-old economic outlook after President Emmanuel Macron extended a national lockdown, shutting down swathes of the euro zone’s second-biggest economy. Finance Minister Bruno Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Economy
  • Europe

Europe’s Economy to Slump More Than 10% on Virus Measures

Europe is heading for a double-digit slump in the first half of 2020 amid widespread lockdowns to stem the spread of the coronavirus, according to economists. Bloomberg’s monthly survey puts the Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Russia

Putin’s Bleak Covid-19 Admission: ‘We Don’t Have Much to Brag About’

The head of Russia’s coronavirus task force, Tatyana Golikova, assured President Vladimir V. Putin in mid-March that the country was ready to take on the pandemic. From masks to ventilators, Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • China
  • Natural Gas Supply
  • Russia

Russia’s Gazprom eyes capacity increase on China gas export link

Russia’s Gazprom is working to boost the capacity of its landmark gas pipeline to China — the Power of Siberia — as it looks to ramp up flows via the Continue Reading

Posted On : 14 Apr 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices: Market Reacts to OPEC+ Deal to Cut Production

Oil surrendered gains after rising in early trading as investors weighed whether an unprecedented deal by the world’s biggest producers to cut output would would be enough to steady a Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple

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