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Month: June 2020

Category:
  • IEA

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to Continue Reading

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

Post-Pandemic Energy Might Not Change Much

When talking about the movement of oil prices, I often refer people to the movie “Trading Places,” and specifically to the scene where the elderly investment bankers are explaining the Continue Reading

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

Natural Gas Is Losing Its Shine for Ship Operators

Some gas projects are now being put on hold on the back of record low prices and brimming storage facilities, and some operators are pushing back orders for the new Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • International Oil Companies
  • Renewables

Only One Oil Major Is Betting Big On Renewable Energy

Investments in solar and wind energy projects by the world’s oil majors over the next five years are expected to reach $17.5 billion, a Rystad Energy analysis finds. But a Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • coronavirus

When the Pandemic Hits the Most Vulnerable

Preparations for the burial of a COVID-19 victim in Abbottabad, Pakistan, March 2020 Imagine if virtually everything about the United States’ ongoing response to COVID-19, the disease caused by the Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ discussing advancing meeting on oil production cuts to June 4

OPEC+ ministers are considering moving up their meeting to June 4 instead of the previously scheduled June 9-10, so that July nominations can factor in any changes to oil production Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • OPEC

OPEC delivers three quarters of record oil cut in May: survey

 OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • Libya

Civilians killed as park hit by shelling in Libyan capital

A grassy area used as a park in the Libyan capital Tripoli was hit by shelling on Sunday that left five people dead and 12 others wounded, an official and Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • Lebanon

Is Lebanon’s Natural Gas Boom Dead In The Water?

Is Lebanon’s Natural Gas Boom Dead In The Water? Description: Absent any discovery thus far, there has been little talk as to what to do with Lebanon’s offshore hydrocarbons, once Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Dangerous Energy Play Is Putting The Entire Region At Risk

In the world of energy geopolitics and economics are closely linked to each other. The exploitation of oil and gas reserves is a major source of income for energy-rich countries Continue Reading

Posted On : 1 Jun 2020 Published By : Tom Whipple

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