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Month: August 2020

Category:
  • China
  • Coal

Global Coal Power Falls for First Time Even as China Builds More

Global coal-fired power capacity edged down for the first time on record in the first half of 2020 as retirements accelerated and the coronavirus saw new projects put on hold. The Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • China

China’s Oil Import Dependence Grows To 73.4% In H1 2020

China’s dependence on crude oil imports has been growing in recent years as its domestic production has faltered, and the world’s top oil importer covered 73.4 percent of its oil Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • USA

China only fulfils 5% of Sino-U.S. energy trade deal in first half of 2020

China bought only 5% of the targeted $25.3 billion in energy products from the United States in the first half of 2020, falling well short of its trade deal commitments Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • Iran

Despite Official Reports, China Has Been Hoarding Iranian Crude Oil

A number of high-profile reports last week cited data released on 26 July by China’s General Administration of Customs (GAC) as clear evidence that China did not import any crude Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • China

China factory activity expands at fastest rate in 9 years

Factory activity in China expanded at its fastest rate in almost a decade in July, amid signs of a wider recovery from the coronavirus crisis in some of Asia’s biggest Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • Climate

Isaias Targets East Coast in Fastest Start to Hurricane Season Since 1851

The 2020 Atlantic hurricane season is off to a record start with nine storms forming across the basin faster than any year going back to at least 1851. Tropical Storm Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • Refining

Refiners Retrench as Demand for Gasoline, Jet Fuel Shrivels

An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • Hydrogen

Is Hydrogen The Future For U.S. Power Companies?

Last month, the European Union set out a comprehensive hydrogen strategy as part of its goal to achieve carbon neutrality for all its industries by 2050. The EU has an ambitious target Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • Coal

Biden Can’t Save U.S. Coal, But He Can Help The Miners

Margaret Thatcher hated the UK’s coal miners and especially their union. A series of brutal strikes divided the nation during her regime. But when the time came to deal with Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. Oil Production Won’t Make A Comeback Under Current Prices

Oil prices remain stable despite rising pressure over the last week. Economic data from the United States fueled bearish sentiment despite encouraging data from the EIA. The U.S. economy is Continue Reading

Posted On : 4 Aug 2020 Published By : Tom Whipple

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