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Month: October 2020

Category:
  • Japan

Japan’s Net Zero Plan Hits Speed Bump as Small Utilities Balk

Japan’s pledge to be a net-zero greenhouse gas emitter by 2050 is running into headwinds: smaller power utilities addicted to coal and natural gas. Regional electricity providers including Hokkaido Electric Power Co. and Shikoku Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • China

China Believes Natural Gas Demand Will Soar

The Chinese economy has been the single largest contributor to global growth over the past several decades. Fossil fuel producers around the world closely watch Beijing, as the goals set Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • Exxon

Exxon Fails To Raise Dividend For The First Time In 38 Years

ExxonMobil is keeping its quarterly fourth-quarter dividend flat at $0.87 per share – the first time in 38 years that the company has failed to increase the dividend that it Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • USA

US working natural gas volumes in underground storage rise by 29 Bcf: EIA

 US natural gas storage volumes expanded well below market expectations last week, while a net withdrawal is anticipated for the week in progress, kicking off the heating season two weeks Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count grows 1 to 348; Permian sees largest gain in 8 months: Enverus

New York — The US oil and gas rig count climbed one to 348 in the week ended Oct. 28, rig data provider Enverus said, as gas drilling activity hit Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • coronavirus

Task force sees ‘unrelenting’ COVID-19 spread; daily U.S. cases up by record 91,000

The White House coronavirus task force warned that much of the country is in the grips of an “unrelenting” surge in COVID-19 cases and urged tough countermeasures, as the number Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Investments Are Drying Up As Crude Demand Falters

Thirty-five percent: this is the size of the spending cuts oil and gas companies are likely to have made this year in response to the effects that the coronavirus pandemic Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla Is On Track To Deliver 1 Million EVs In 2021

At a time when oil prices remain stuck in limbo, Tesla Inc. (NASDAQ:TSLA) has continued to defy bearish expectations that low oil prices would put a damper on its core Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • electric boats

A new era in maritime travel: Electric boats

With the sun streaming into the Niagara Gorge, visitors lined up in socially distanced groups waiting to shuffle onto the Maid of the Mist, the boats that have ferried tourists Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple
Category:
  • USA

Zeta Live Updates: Storm Knocks Out Power to 2 Million

The storm is cutting off electricity all along its path. Hurricane Zeta barraged the South with powerful winds on Thursday, shredding homes and businesses, knocking down trees and leaving about Continue Reading

Posted On : 30 Oct 2020 Published By : Tom Whipple

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