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Month: August 2020

Category:
  • Prices

Has The Oil Market Finally Turned A Corner?

August has historically been brutal for oil and gas stocks. According to data from Schaeffer Research, the energy sector has consistently underperformed in August, with returns coming in negative in Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Arctic
  • Climate

Pools of Water Atop Sea Ice in the Arctic May Lead it to Melt Away Sooner Than Expected

A researcher uses a spectroradiometer to measure the amount of sunlight reflected from the surface of ice and melt ponds in the Chukchi Sea. Credit: NASA/Kathryn Hansen The thickening atmospheric Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Energy Demand

Petrostates Glimpse Their Peak-Oil Future With Summer of Strife

From Baghdad and Algiers to Caracas, many of the world’s oil capitals are experiencing a summer of discontent. It could be a glimpse of their future. Iraq has seen fatal protests as Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Middle East
  • Oil Supply

Fujairah Data: Oil Products stocks dip for seventh consecutive week

 Stockpiles of oil products at Fujairah on the UAE’s east coast continued to decline for the seventh week in a row, further eroding inventories that had climbed to a record Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Turkey

Turkey Doubles Down On Drilling In Heavility Contested East-Mediterranean

When Turkey’s ruling Justice and Development Party (AKP) took power at the beginning of the century, the principle that got hold of the country’s foreign policy was called ‘ zero Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Libya

Eastern Libya Sees Power Outages As A Result Of Oil Blockade

The closure of oil ports in the Gulf of Sirte is the main reason for the power outages in eastern Libya, the National Oil Corporation (NOC) says. “By closing the Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Electric Buses
  • Uganda

Africa’s First Electric Bus Plant Industrializes a Region

The road from Kampala, the capital of Uganda, to Jinja, the site of Africa’s first electric bus factory, was packed with cars on a July morning. The traffic crawled. Breathing hurt your throat. Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s Agbami key sticking point in OPEC+ compliance

Nigeria’s full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • India

Stocks in India Halt Four-Day Rally as Data Show Recovery Woes

Indian equities declined, halting their longest run of gains in three weeks, as economic growth concerns resurfaced amid a steady increase in new infections. The S&P BSE Sensex fell 0.4% Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • India

Indian Farmers Improvising Diesel Substitutes  

Surging diesel prices may be squeezing farmers across India’s vast hinterlands, but they’re also kindling the nation’s knack for improvisation. Frugal workarounds, or hacks in modern parlance, are celebrated in Indian Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple

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