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Month: May 2021

Category:
  • Solar

Soaring Solar Costs Could Slow The Renewable Boom

This year looked like it would be a … windfall… for renewable energy companies with the advent of the Biden Administration and its massively expensive clean energy push. Nevertheless, solar Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Iran

Iran Bans Crypto Mining During Hot Summer Months

Iran is banning electricity-sapping cryptocurrency mining until the end of September as it grapples with power blackouts amid electricity scarcity. Even before the peak summer electricity demand season, Iran has Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Iran

Analyst: Iran’s Oil To Return To Market In August At The Earliest

If the ongoing talks about the U.S. and Iran returning to the nuclear deal result in an agreement, it will be in August at the earliest that Iranian barrels will Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Middle East

Gulf Producers To Slash Deficits As Oil Prices Rise

The Arab Gulf oil producers are expected to slash their combined government deficits to some $80 billion this year from $143 billion last year, thanks to higher oil prices, reopening Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Inks Massive Oil Deal With Supermajors

Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater Bonga field, the NNPC said Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Venezuela

In Desperate Move, Venezuela Tries to Make Fuel in Oil Upgraders

In the latest desperate attempt to deal with fuel shortages that have crippled Venezuela’s economy, government leaders are trying to repurpose two massive oil upgraders to make a main ingredient Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Asia
  • LNG

Asia Braces For Expensive LNG This Summer

Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG prices around current levels of Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Exxon

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed through Wall Street circles, from the fund’s name that recalled Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • China

World Faces Longer Supply Shortage as China’s Factories Squeezed

Huizhou Baizhan Glass Co. factory in Guangdong. Sign up for Next China , a weekly email on where the nation stands now and where it’s going next. Eric Li’s factory Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • China

The Wuhan lab-leak theory is getting more attention, but it’s not because of new evidence

A new surge of interest has revived the lab-leak theory. Well over a year since a novel coronavirus began to spread in Wuhan, the idea that the deadly outbreak could be Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple

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