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Month: September 2020

Category:
  • China
  • Coal

Why would anyone finance another coal power plant in China?

Government officials and state-owned energy enterprises in China are currently debating another wave of coal power investment, despite a severely diminished business case for the technology. These companies that own Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • China

China 5-Year Plan to Boost Crude, Metal, Farm Goods Reserves

China’s next five-year plan beginning in 2021 will call for increases to its mammoth state reserves of crude, strategic metals and farm goods, said officials familiar with the discussions. Beijing is Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • USA

Trump drilling reversal could boost coastal GOP senators

With one stroke, President Donald Trump’s abrupt reversal on offshore drilling this week has loosened a political vise that was tightening around three Republicans senators running for reelection in coastal Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • China

China auto sales up 6% in August, down 15.4% year-to-date

China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • USA

Hurricane hit oil storage site, but no shortages expected

Hurricane Laura caused significant damage at a site holding about 30% of the nation’s store of emergency crude oil, but three other sites still have plenty of petroleum, U.S. Energy Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Air Lines

US and European airlines cut schedules as passengers fail to return

US and European airlines warned on Wednesday of grim outlooks for the coming months, cutting schedules as passengers continue to avoid air travel during the pandemic. Ryanair, Europe’s largest low-cost airline, Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

September Short-Term Energy Outlook

The September Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease (COVID-19) continue to evolve. Reduced economic activity related to Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Canada

Pessimism Over Economic Recovery Grows In Canada’s Oil Province

The majority of people in Canada’s oil-producing province of Alberta saw their economic fortunes worsened after the pandemic and the oil price crash, compared to a national average of 35 Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Embattled Dakota Access Pipeline To Start Operating Next Year

An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled project, which aims to transport Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Enterprise Products Partners cancels Permian to USGC crude pipeline

Highlights EPD cancels M2E4 pipeline, shifts volumes to other pipes Permian pipeline projects could further be trimmed back New York — Enterprise Products Partners on Sept. 9 said it would Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple

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