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Month: April 2021

Category:
  • China

Tanker Collision Off Major Chinese Hub Causes Million Barrel Oil Spill

A tanker spilled oil into the Yellow Sea offshore the Qingdao port in China on Tuesday after a bulk carrier collided with the A Symphony Suezmax tanker, Goodwood Ship Management, Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • China
  • Hydro

China denounces illegal small hydropower station in southwest Yunnan

The Wenshan prefecture in China’s southwest Yunnan province, which has attracted top aluminium producers for its abundant water resources, has failed to crack down illegal hydropower station, the environmental regulator Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • China
  • Population

China to report first population drop in five decades

China is poised to report its first population decline in five decades following a once-in-a-decade census, the Financial Times newspaper said, citing sources familiar with the matter. A population drop Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • USA

U.S. consumer confidence soars to 14-month high; house prices accelerate

U.S. consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and additional fiscal stimulus allowed for more services businesses to reopen, boosting demand and hiring Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • USA

Biden administration offers $8.35 bln in loans for power grid

The U.S. Energy Department said on Tuesday it is offering up to $8.35 billion in loans for companies to boost the power grid as part of the Biden administration’s goal Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • USA

U.S. auto suppliers oppose setting gas-powered phaseout date

A group representing auto suppliers will tell U.S. lawmakers on Tuesday it opposes setting a firm date to end the sale of new gasoline-powered passenger cars and expects those vehicles Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • USA

U.S. oil lease pause will not hit states’ income near term, official says

Revenues disbursed to states from federal oil and gas leasing are not expected to decline significantly in the near term due to the Biden administration’s pause and review of the Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Schlumberger names new executives to energy transition business – memo

The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. REUTERS/Richard Carson Top oilfield services firm Schlumberger NV (SLB.N) on Monday named new executives to Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • Electricity

White House backs 2030 milestone on path to net zero grid

The White House hopes to capitalize on growing support from U.S. utilities, unions and green groups for a national clean energy mandate by backing efforts to require the U.S. grid Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • Electricity

BP Emerges as Another Big Winner From the Texas Freeze

Two months on from the winter freeze that paralyzed Texas and sent electricity and gas prices soaring, another big winner has emerged. BP Plc said Tuesday its gas trading unit had Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple

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