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Month: June 2020

Category:
  • Pakistan

Lahore, other cities grapples with load shedding amid scorching heat

Series of announced and unannounced Power load-shedding in different cities including Lahore has gone up amid scorching heat. According to the details, with the increase in the intensity of heat, Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • China
  • USA

China Blocks Tyson Poultry, Stoking Fear Over Global Exports

China suspended poultry imports from a Tyson Foods Inc. plant where hundreds of employees tested positive for Covid-19, stoking concerns over the broader implications for U.S. and global meat exports. Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • China

China’s June crude stocks to soar to new high as cheap inflow outpaces throughput

 China’s crude oil stockpiles will likely extend the uptrend to hit a new record high in June as refinery feedstock imports outpace the rise in throughput levels, while storage availability Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • USA

New daily cases have hit records in 12 states, and the White House acknowledges preparing for a fall wave.

New daily cases have hit records in 12 states, and the White House acknowledges preparing for a fall wave. Peter Navarro, the White House director of trade and manufacturing policy, Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Electric Cars

EV Batteries Are About To Get Their Own Passports

The EV sector is looking to issue a ‘Battery Passport,’ which can be seen as a global quality seal and verification tool on a digital platform that will share value Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Taxpayers Are Footing The Bill For 100-Year Old Oil Wells

The number of non-operational orphaned wells could skyrocket at a time when the oil industry is in danger of entering structural decline North Dakota regulators are currently seeking federal money Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Why Big Oil Won’t Be Buying Up Struggling Companies

Don’t expect the oil price rout to trigger a wave of M&A activity any time soon. The last Big Oil M&A wave turned into a disaster for the acquiring companies. Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Electricity
  • USA

US wholesale power sales fall 4.2% in Q1 due to warm weather, coronavirus

Total wholesale power sales in the first quarter of 2020 came at 1.33 billion MWh, a decline of 4.2% from Q1 2019, according to data filed with the US Federal Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Climate
  • Russia

Climate Change High Temperatures in Arctic, Siberia

A Siberian town with the world’s widest temperature range has recorded a new high amid a heat wave that is contributing to severe forest fires. The temperature in Verkhoyansk hit Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply

The Newest Battlefield In The European Gas War

In the first days of June 2020, the Greek industrial holding Mytilineos announced that it had concluded a long-term contract with Gazprom’s commercial arm. The onset of continuous US LNG Continue Reading

Posted On : 22 Jun 2020 Published By : Tom Whipple

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