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Month: May 2020

Category:
  • Shale Oil

Producers turn to hedging as shelter against oil market turmoil

 US shale oil producers have moved in droves during the last couple of months to protect themselves from current market turmoil by hedging, using a variety of derivative instruments to Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

As hurricane season approaches, utility response to heed pandemic protocols

 Utilities eye ‘layered defense’ to protect workforce Smaller staging areas, other protocols planned Sector constantly checking pulse of supply chain With the Atlantic hurricane season just around the corner, utilities Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. pipeline operator Energy Transfer warns of coming job cuts

U.S. pipeline operator Energy Transfer will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business. Marshall Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Explorers Revert to Pre-Shale Drilling Level Across U.S.

Oil explorers are drilling at the slowest pace in more than a decade as the pandemic-driven collapse in energy demand wipes out cash flow, jobs and even entire companies. Drillers Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Renewables
  • Shale Oil

Oil-Bust Refugees Are Being Courted By Clean Energy in Texas

Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re hiring in Texas” for jobs in clean tech. His company, battery developer Key Capture Energy, Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • China
  • United Kingdom

UK widens visa rights offer to almost 3m Hong Kong residents

The UK has set itself on a collision course with China after broadening its offer on extended visa rights from 350,000 to almost 3m Hong Kong residents. After Beijing announced plans Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

Coronavirus: Denmark and Norway exclude Sweden from tourism

Travellers at Copenhagen Kastrup Airport (2019 file pic) Norway and Denmark say they will open up tourism between their two countries from 15 June but will maintain restrictions for Swedes. Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Germany
  • Wind

German offshore wind draft law sets 40 GW target by 2040

Draft law lifts maximum bid, adds second component to avoid draw Cabinet to decide Wed, stakeholders call for adjustments Hydrogen (non-grid) fields to be included at a later stage Germany’s Continue Reading

Posted On : 30 May 2020 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures slip as market monitors US-China tensions

 0237 GMT: Crude oil futures slipped in mid-morning trade in Asia Friday as the market turned its focus on US-China tensions after US President Donald Trump said late Thursday that Continue Reading

Posted On : 29 May 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices for May 29, 2020: Brent Crude, WTI

Oil trimmed its biggest monthly advance on record as crude was swept up in the broader negative sentiment around deteriorating U.S.-China relations. Futures in New York declined 2.3% on Friday, Continue Reading

Posted On : 29 May 2020 Published By : Tom Whipple

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