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Month: April 2020

Category:
  • Mexico

Mexico boosts fiscal aid to Pemex to weather crude price storm

 Mexico’s Pemex will receive additional fiscal benefits from the government as part of a series of measures to bolster its finances during the oil price rout, the state-owned oil and Continue Reading

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

Venezuela report proposes extensive privatization of oil industry

 A Venezuelan commission set up to study the restructuring of state PDVSA had recommended lifting state control over all its operations and is calling for private national and international capital Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • China
  • Tidal

China Moves to Harness Tides for Power With Wuhan-Made Turbine

A tidal-stream turbine with a diameter bigger than the length of a tractor trailer was installed in China for a project involving Simec Atlantis Energy Ltd., China Shipbuilding Industry Company Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • China

China’s Factories Are Back. Its Consumers Aren’t.

An unemployed young college graduate has stopped buying new sneakers. A clothing store clerk gave up his gym membership. An events planner, his pay cut by four-fifths, now moonlights as Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • China

China’s Biggest Carmaker Signals Outlook Clouded by Coronavirus

 SAIC Motor Corp. , the biggest automaker in China, signaled the coronavirus outbreak is set to hit its profitability for months to come after earnings slumped in the first quarter Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • China

Airborne Coronavirus Detected in Wuhan Hospitals

 Adding to growing evidence that the novel coronavirus can spread through air, scientists have identified genetic markers of the virus in airborne droplets, many with diameters smaller than one-ten-thousandth of Continue Reading

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

Antibody tests support what’s been obvious: Covid-19 is much more lethal than the flu

The Washington Post is providing this important information about the coronavirus for free. For more free coverage of the coronavirus pandemic, sign up for our daily Coronavirus Updates newsletter where Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • California

California Wildfire War Collides With Its Coronavirus Crisis

A crisis California didn’t foresee — the Covid-19 pandemic — is complicating preparations for one that arrives with a vengeance every year. With wildfire season on the horizon, state officials have Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • Oil Supply

Oil Storage Crisis Deepens As API Reports Very Large Crude Inventory Build

The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build of 9.978 million barrels for the week ending April 24 as the demand destruction continues and Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Flooding Prompts Evacuation At Heart Of Canada’s Oil Sands

The Regional Municipality of Wood Buffalo, which includes Fort McMurray – the hub of Alberta’s oil sands business – has issued a mandatory evacuation order for all of downtown Fort Continue Reading

Posted On : 29 Apr 2020 Published By : Tom Whipple

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