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Month: January 2021

Category:
  • Libya

Libya’s Oil Output Drops as Pipelines Creak From War-Era Neglect

Libya’s oil output has dropped by about 200,000 barrels a day after the closure of a leaking pipeline, underscoring how difficult it is for the country to maintain its production following almost Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • Ghana

Ghana’s Political Meddling Could Derail Its Oil Boom

Ghana has been one of the bright stars of the oil and gas market in the 2010s, ramping up its crude production from virtually zero to some 215kbpd by the Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • India

French energy group Total buys 20% stake in Adani Green Energy

French oil and energy group Total has agreed to buy a 20% minority stake in India’s Adani Green Energy Limited (AGEL) from Adani Group, as Total builds up its presence Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • Venezuela

Pacific Island Nation Tells Venezuela ‘That Oil Tanker Isn’t Ours’

The island nation of Palau says a tanker that recently loaded Venezuelan crude was using a false signal to disguise its identity, potentially putting the Pacific country in the crosshairs Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela slams U.S. court approval of Citgo parent sale as ‘fraudulent’

Venezuelan Foreign Minister Jorge Arreaza on Saturday criticized a U.S. court ruling authorizing a sale of the shares in the parent company of U.S. refiner Citgo Petroleum Corp, calling it Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • China

China’s economy picks up speed in fourth quarter, ends 2020 in solid shape after COVID-19 shock

 China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • China

China’s economy expands at faster rate than before coronavirus

China’s gross domestic product expanded 6.5 percent in the fourth quarter of 2020, a faster rate than before the coronavirus pandemic and easily outpacing the expected performance of other big Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • China

China’s 2020 GDP rises 2.3%, robust economic growth expected in 2021

China’s economy grew at 6.5% in the fourth quarter, bringing the world’s second-largest economy’s GDP growth to 2.3% in 2020, National Bureau of Statistics data showed Jan. 18. Receive daily Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • East Asia

Asia Energy Crisis

Northeast Asia has been hit by a mid-winter energy crisis as an extended period of much lower than normal temperatures across the region has strained supplies of coal, gas and Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Oil-and-Gas Industry Faces a Slow Recovery From Pandemic Lows

Oil and gas prices are rebounding from their pandemic lows, but the road ahead for the industry remains challenging amid new competitive threats and demands from investors. Global spending on oil Continue Reading

Posted On : 18 Jan 2021 Published By : Tom Whipple

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