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Month: May 2020

Category:
  • China
  • coronavirus

Three-fifths of new coronavirus cases in China show no symptoms

Three-fifths of new coronavirus cases in China showed no symptoms of the illness when they were diagnosed, according to data that is likely to complicate moves by governments around the Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • China

China Calls For Probe Into Oil-Linked Product That Burned Tons Of Investors

The financial industry regulator of China has asked one of the largest lenders in the country, Bank of China, to investigate problems of its structured products linked to oil benchmarks Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • Hydrogen
  • South Korea

Hyosung and Linde Group to build world’s largest liquid hydrogen production facility in Korea

Hyosung and the Linde Group, a leading global provider of industrial gases, will invest 300 billion won (US$246 million) until 2022 in a joint enterprise of creating a value chain Continue Reading

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

Stymied in Seeking Benefits, Millions of Unemployed Go Uncounted

With a flood of unemployment claims continuing to overwhelm many state agencies, economists say the job losses may be far worse than government tallies indicate. The Labor Department said Thursday Continue Reading

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

Washington May Take Stake In Struggling U.S. Oil Companies

The federal government may be about to offer the struggling U.S. oil industry loan financing in exchange for stakes, Bloomberg has reported , citing an unnamed source familiar with plans. Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Producers Insist On ‘No Zero Price’ Contracts

Following the unprecedented market carnage that saw US benchmark prices drop below zero last week, producers selling crude oil to Asian customers have started to add a new clause in Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. Oil Storage May Have Room For ‘’Several Hundred Million Barrels’’

The U.S. is working on ways to expand storage space to add several hundred million more barrels to it, Treasury Secretary Steven Mnuchin said at a White House briefing, as Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • LNG

Cheniere cautious on liquefaction expansion plans after increase in Q1 profit

Cheniere Energy reported a higher first-quarter 2020 profit Thursday than in the year-ago period and said its full-year earnings were on track to come in at the lower end of Continue Reading

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

Analysis: US oil, gas rig count falls 59 to 432 as oil collapse extends

The US oil and gas rig count fell 59 to 432 during the week ended April 29, rig data provider Enverus said Thursday, as upstream players continued to idle oil Continue Reading

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

Weekly US coal production drops again to over 10-year low: EIA

Weekly US coal production declined for the fourth straight week to an estimated 8.58 million st in the week ended April 25, down 0.5% from a week earlier and 39.4% Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple

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