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Month: September 2020

Category:
  • Canada

A Wave Of Consolidations Hit Canada’s Oil Patch

A vicious one-two-three punch that started with a gloomy long-term future outlook due to rampant fossil fuel divestments, climate change policies, and decarbonization as well as shorter-term—but severe—shocks from the Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S Keeps Top Crude Oil Producer Status

Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of crude oil in July, ahead Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Electric Planes

GM Considers Expanding Into Electric-Flying Air-Taxis

Like an elderly man wobbling into a party and trying to fit in with young kids by using “hip new lingo”, General Motors – days after seeing its partnership with Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US oil and gas rig count up 6 at 293; Permian slightly slides: Enverus

The US oil and gas rig count climbed six in the week ended Sept. 16 to an eight-week high 293, rig data provider Enverus said Sept. 17, but drilling activity Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

More than 30% of US Gulf offshore oil still offline after Hurricane Sally

More than 30% of US Gulf of Mexico offshore oil and 25% of natural gas output remained offline Sept. 17 after Hurricane Sally made landfall the day prior, according to Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Coal

Weekly US coal production falls to seven-week low, all basins dip: EIA

Weekly US coal production fell to a seven-week low 10.34 million st in the week ended Sept. 12, down 3.3% from a week earlier and 26.4% lower than the year-ago Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Climate

Abandoned Gas Wells Are Left to Spew Methane for Eternity

California’s unprecedented wildfires, driven by man-made climate change, are pumping the atmosphere with tens of millions of tons of carbon dioxide that will only drive global temperatures higher. Two scientists Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • Coal

Is This The Final Nail In Coal’s Coffin?

Coal headlines this summer have been uniformly doom-and-gloom, with stories like “ Renewables surpass coal in US energy generation for first time in 130 years ” from the Guardian, “ Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • USA

More than 485,000 without power after Sally, Laura hit the Gulf Coast

Four weeks after Hurricane Laura and one day after Hurricane Sally made landfall, almost 485,000 power customers lack service in Alabama, Florida, Georgia and Louisiana, which has weakened power demand Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple
Category:
  • BP
  • Peak Oil

BP Sees Peak Oil, Even Without Major New Laws on Climate Change

One of the biggest international oil companies has concluded that oil consumption will peak this decade. That’s the main takeaway from BP Plc’s annual energy outlook published this week outlining a handful of scenarios Continue Reading

Posted On : 18 Sep 2020 Published By : Tom Whipple

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