Skip to content
The Energy Bulletin The Energy Bulletin Daily

Daily news

Primary Menu
  • Home
  • Daily News
    • Regions
      • Global
      • N. America
        • USA
        • Canada
        • Mexico
      • Middle East
        • Saudi Arabia
        • Iraq
        • Iran
        • Syria
        • Egypt
        • Israel
        • Gaza
        • Kuwait
        • Bahrain
        • United Arab Emirates
        • Jordan
        • Lebanon
        • Yemen
      • Asia
        • China
        • India
        • Pakistan
        • Japan
        • South Korea
      • Africa
        • Nigeria
        • Libya
        • Algeria
        • Tunisia
      • Europe
        • Russia
        • United Kingdom
        • Ireland
        • Turkey
      • Latin America
        • Venezuela
        • Brazil
        • Argentina
        • Ecuador
    • Topics
      • Prices
      • Oil
        • Shale Oil
        • Tar Sands
        • Peak Oil
      • Gas
        • Shale Gas
      • Other Sources
        • Coal
        • Nuclear
        • Renewables
          • Wind
          • Solar
          • Biofuels
      • Environment
        • Climate
        • Water
        • Air Quality
      • Energy Demand
        • Energy Demand
        • Transportation
      • Economy & Security
        • Economy
        • National Security
  • Weekly Review
  • Archive
  • Subscribe
  • About

Month: March 2021

Category:
  • Prices

Oil Rebounds Toward $61 as OPEC+ Seen Rolling Over Supply Curbs

Oil rebounded ahead of an OPEC+ meeting on Thursday at which the group will decide on output policy, with the alliance expected to maintain its cautious stance on adding supplies Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Finish Lower Amid Dimmer Demand Outlook

Oil snapped a two-day streak of gains alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a OPEC+ meeting this week to decide on output Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil market seeks cues from cautious Saudi Arabia, as OPEC+ mulls May production plans

Saudi Arabia has a 1 million b/d question to answer. The OPEC kingpin has been cutting its crude production by that much below its official quota the last two months, Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Under Pressure As API Reports Inventory Build

The American Petroleum Institute (API) reported a build in crude oil inventories of 3.910 million barrels for the week ending March 26. Analysts had predicted a much smaller inventory build Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Will The World’s Newest Oil Benchmark Be A Success?

At a time when highly leveraged U.S. exploration and production (E&P) companies have been struggling with dwindling valuations, shrinking credit lines, and mounting bankruptcies, Middle East state-owned oil and gas Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Climate
  • Shipping

Huge Container Ships’ Biggest Problem Is Emissions

The Ever Given drama in the Suez Canal momentarily turned the world’s attention to container shipping. It will require a more sustained focus to address the dangers these crucial ships Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Wind

Wind Power Industry Set To Install 1 TW New Capacity This Decade

The world’s wind energy industry could be on track to install nearly 1 terawatt (TW) of new capacity between 2021 and 2030, driven by surging installations in China, Europe, and Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ Excess Oil Production Rises To 3 Million Bpd

The cumulative excess production of the OPEC+ group has risen to 3 million barrels per day (bpd) through February, up from a cumulative excess production of 2.8 million bpd in Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC lowers oil demand recovery forecast, ahead of decision on May quotas: sources

OPEC had previously forecast 5.9 million b/d growth in 2021 Third COVID-19 wave, faltering economies prompt revision OPEC and allies will meet online April 1 to discuss quotas OPEC is Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ Readies for Output Talks

As OPEC and its allies prepare for another decision on oil output, the producers believe their defiantly cautious approach is paying off. (Bloomberg) –As OPEC and its allies prepare for Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ Panel to Update Oil Demand Estimate

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021. (Bloomberg) — A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021 Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ Panel to Lower Oil-Demand Estimate on Saudi Suggestion

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021 after Saudi Arabia suggested that the figure looked too high, delegates said. The move, which was Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Egypt

Suez Canal traffic on the move, more port congestions likely

Southbound and northbound traffic on the Suez Canal has recommenced a day after the stricken Ever Given container ship was freed, market sources said March 30. Not registered? Receive daily Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Egypt

Suez Canal Traffic Resumes Slowly as Some Ships Weigh Anchor, Others Wait

Ships were again moving slowly through the Suez Canal on Tuesday, hours after engineers freed the Ever Given and cleared the waterway for global traffic. Shipowners, exporters and importers are now racing Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC
  • Saudi Arabia

Saudi Arabia Ready To Extend Huge Oil Cuts Into June

Saudi Arabia is reportedly ready to extend current OPEC+ production cuts over May and June and also keep cutting 1 million bpd in oil output unilaterally, according to an unnamed Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Prince Calls On Private Sector To Bolster $7 Trillion Plan

Saudi Arabia’s Crown Prince Mohammed bin Salman Saudi Arabia’s crown prince laid out a 27 trillion riyal ($7.2 trillion) domestic spending and investment plan that relies heavily on commitments from Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • India

India Unlikely To Commit To Net-Zero Emissions Target

Despite growing international pressure, India is unlikely to commit to carbon neutrality by 2050, government officials have told Reuters . Expecting strong energy demand growth in the coming decades and Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan oil sanctions crossroads could come amid summer dearth of diesel

US oil sanctions on Venezuela could reach a tipping point this summer if a dire diesel shortage further exacerbates a humanitarian crisis that continues to unfold even as President Nicolás Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Brazil

Forest Destruction Surged in 2020 Even as Global Economy Slowed

A deforested area in Mato Grosso State in Brazil in August 2020. Destruction of the world’s forests increased last year even as pandemic shutdowns curbed economic growth, adding more pressure Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Brazil

Brazil’s Military Chiefs Quit as Covid-19 Pandemic Pressures Government

The heads of Brazil’s army, navy and air force resigned Tuesday, rocking a right-wing government that is already facing public fury over President Jair Bolsonaro’s inability to contain the fast-spreading coronavirus pandemic. Brazil’s Defense Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • China
  • Iran

China Set To Buy 1 Million Bpd Of ‘Cheap’ Iranian Crude This Month

China’s crude oil imports from Iran this month could reach close to 1 million bpd, Reuters reported today, citing trading and analyst sources. That would be almost half the amount Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • China
  • Climate

China’s Coal Power Generation Jumps As Electricity Demand Soars

China’s coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

Automakers Vow to Spend $250 Billion on U.S. Electric Vehicles

Automakers and parts suppliers are prepared to spend $250 billion on boosting the use of electric vehicles in the U.S., and called on the Biden administration to urge Congress to Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. Gasoline Prices Rose For 17 Straight Weeks As Oil Rallied

Before this week’s small decline, U.S. gasoline prices had increased for 17 consecutive weeks—the longest streak of rising national average gasoline prices since 1994, according to EIA’s surveys . As Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Texas Moves to Kill Gas Bans Proposed by Austin, Others

Texas moved to stop the city of Austin and others from imposing a California-style ban on natural gas in new homes and buildings, the latest salvo in the gas industry’s Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Will 2021 Mark The Start Of A Major Shale Recovery?

U.S. shale was among the biggest victims of the demand destruction caused by the coronavirus pandemic. But the sector has already proved resilient once, and now this resiliency is coming Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Ad Companies Are Boycotting Big Oil

In 1939, studies began to suggest that smoking might not be that great for you, sullying a great American pastime and a key United States economic industry. What was once Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Climate

Republican States Are Pushing Back Against Biden’s Oil Lease Suspension

In January, Biden’s new administration called for a suspension of all new oil and gas leases as part of its efforts to drive forward climate change policies. But several states Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

US storage fields post first net injection of year due to mild weather: analysts

 US storage fields posted the first net injection of the year in the week ended March 27, according to a survey of analysts, which is one week earlier than normal, Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Air Quality
  • Climate

Methane pollution soars in US as shale drilling resumes

Methane pollution from the largest oilfield in the US has soared back to pre-pandemic levels as a recovery in drilling undermines industry pledges to crack down on emissions of the Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Novatek Looks To Start Hydrogen Production In Russia’s Arctic

Russian energy behemoth Gazprom has dominated the country’s gas sector for decades. Other companies, such as Rosneft, have tried (and failed) convincing the Kremlin to provide a leveled playing field Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Nord Stream 2 onshore gas link EUGAL to reach full capacity April 1: TSO

The second string of the EUGAL gas pipeline in Germany — designed to be the onshore extension of the unfinished Nord Stream 2 line — is on schedule to become Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Aviation
  • Hydrogen

Project Fresson to develop hydrogen fuel cell retrofit for 9-passenger aircraft

Cranfield Aerospace Solutions (CAeS)—the UK SME leading the Project Fresson consortium—will exploit recent advances in hydrogen fuel cell technology to develop a commercially viable, retrofit powertrain solution for the nine-passenger Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Aviation
  • United Kingdom

Rolls-Royce starts build of UltraFan aero-engine; 25% fuel efficiency improvement over first generation Trent

Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan. Work on the first module is underway at the DemoWorks facility in Derby, UK, and the demonstrator engine, which has Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Belgium
  • Hydrogen from Wind

Orsted proposes 1 GW Dutch, Belgian renewable hydrogen project

Orsted plans to develop a 1 GW electrolyzer supplying industrial demand for renewable hydrogen in the Netherlands and Belgium by 2030, the Danish energy company said March 31. Not registered? Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures edge higher on optimism over OPEC+ meeting, demand

Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its supply cuts and expectations of increased downstream products demand Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Holds Two-Day Advance With OPEC+ Expected to Keep Taps Tight

Oil held a two-day gain as investors looked ahead to this week’s OPEC+ meeting amid expectations that the group will stick with its tight production curbs for another month to Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Futures Advance Ahead of OPEC+ Meeting

 Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil’s Secret World of Trading Fuels Profits as Climate Change Worries Rise

It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Why The World’s Largest Oil Company Won’t Cut Dividends

Despite a 44 percent drop in its 2020 profits, the Saudi Arabian government has instructed majority-state-owned Saudi Aramco to stick to the US$75 billion per year dividend payout for shareholders Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Iran

Iran rejects ending 20% enrichment before U.S. lifts sanctions-state TV

Iran will not stop its 20% uranium enrichment before the United States lifts all sanctions, Iranian state TV quoted an unnamed official as saying on Tuesday, after a U.S. media Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Turkey

Turkey approves development plan for Bosporus bypass canal

 Turkey has approved the development plan for the long-anticipated “Kanal Istanbul,” a ship canal that would connect the Black Sea with the Sea of Marmara, aimed at easing tanker and Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Iraq

Iraq, Total agree to work jointly on associated gas, solar power projects

Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country’s oil ministry said March 29, as OPEC’s second-largest producer Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Iran

Iran’s Only Operational Nuclear Power Plant Risks Shutdown

Iran’s only operational nuclear power plant risks shutdown as the U.S. sanctions prevent the Islamic Republic from transferring money internationally to buy equipment, an executive of the Atomic Energy Organization Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

New Mideast Crude Contract May Test OPEC’s Grip on Oil

Abu Dhabi allowed trading of a futures contract linked to its flagship grade of crude for the first time on Monday in a debut that could test OPEC’s grip on Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Egypt

The Suez Canal Crisis Has Ended. Time to Add Up the Damages

Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The immediate crisis of the Suez Canal blockage may have Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • India

India’s Steady Recovery Thrown in Doubt by Spike in Virus Cases

India’s consumption demand and business activity looked steady in February, although chances of a strong recovery appeared doubtful after a sharp surge in virus cases and the increasing risk of Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Colombia

Colombia Is Preparing For A Fracking Boom

It was roughly a decade ago when hydraulic fracturing, known as fracking, was identified as a crucial means for boosting Colombia’s meager hydrocarbon reserves and production. A shortage of proved Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Looks To Pay With Oil For COVID Vaccines

Venezuela could pay with oil for COVID-19 vaccines, Nicolas Maduro, the President of the struggling South American nation that is home to the world’s biggest oil reserves, said on Sunday. Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple
Category:
  • China

China’s Vaccination Plan Could Lift GDP Growth to 9.3%

China’s ambitious plan to vaccinate 40% of its population by the end of June could pave the way for lifting the economy’s growth rate to 9.3% this year, Oxford Economics Continue Reading

Posted On : 30 Mar 2021 Published By : Tom Whipple

Posts navigation

Older posts

Archives

  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
Website maintained by Post Carbon Institute
Theme: Royal Magazine by ThemeinWP