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Month: December 2020

Category:
  • OPEC

The OPEC Member That Could Derail The Production Cut Plan

After a week of contentious OPEC+ discussions, in which the UAE played a key role, it appears that the Abu Dhabi National Oil Company (ADNOC) is now aggressively pursuing market Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Iran
  • USA

U.S. military dispatches B-52 bombers to Middle East as show of force against Iran

Iraqi police stand near a poster of Iranian commander Qasem Soleimani, who was killed in a U.S. strike nearly a year ago. Tensions between Iran and the United States have Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco To Sell Stakes In Subsidiaries To Raise Cash

Saudi Arabia is looking to plug budget gaps by having its state-run oil giant, Saudi Aramco, sell some stakes in its subsidiaries, according to anonymous Bloomberg sources. The Kingdom’s oil Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Saudi Arabia

Missiles, bullying claims, a tragic death: what’s going on at Saudi Aramco?

When Alwyn Whitcher took a job with Saudi Aramco in 2017, he believed he was joining a company with a history of valuing the expatriate engineers who helped build and Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Report Accuses Shell Employees of Sponsoring Oil Pipelines Vandalism

Bonga Floating Production Storage and Offloading vessel, Nigeria. Shell Nigeria says it has not received a formal report on the matter. A damning investigative report by a Dutch television station Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Mexico

Mexico Plans Further Debt Relief For Pemex

The Mexican government is mulling over additional tax relief measures for state energy giant Pemex to help it reduce the biggest debt load in the global oil industry, a deputy Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Electric Trucks

Toyota moves closer to production with next-generation fuel cell technology for heavy-duty trucks; new Mirai system

Toyota’s next generation fuel cell electric technology is now powering a new set of Class 8 heavy-duty trucks. Using the same fuel cell system as the all-new 2021 Mirai sedan Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • China
  • Iraq

Chinese Oil Deal Could Bail Out Cash-Strapped Iraq

Iraq has picked a Chinese state-owned oil producer and trader to pay it upfront for oil, providing much-needed cash to the Iraqi government which has been struggling to make ends Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • China

China Must Close Coal Power Plants By 2045 To Meet Climate Goal

China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by 2060, Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple
Category:
  • Electric Trucks

Your Next Car Will Probably Be an Electric Pickup Truck

Tone down the falling lumber, avalanches of boulders and slow-motion suspension sag as a super-sized truck bed swallows all that dreck. Cowboy cosplay never gets old and certainly sells some trucks, but Continue Reading

Posted On : 11 Dec 2020 Published By : Tom Whipple

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