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Month: May 2021

Category:
  • India

India shipping operations run into disarray as cyclone makes landfall

Shipping operations for commodities ranging from oil and coal to consumer goods and textiles will be delayed in the week ending May 22, as the cyclone Tauktae raged past India’s Continue Reading

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

China’s First Oil Town

In a town on the edge of the Gobi desert is a sign in English and Chinese that reads “Oil Holy Land.” Nearby, a preserved drilling rig marks the spot Continue Reading

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

CHINA DATA: Improving demand, product supply shortage to buoy throughput in Q2

China’s crude throughput in the second quarter is likely to be buoyed by improving domestic demand and a shortage of oil product supplies due to the introduction of consumption taxes Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • USA

U.S. gas stations still shut, prices at 7-yr high in slow recovery from cyberattack

U.S. retail gasoline prices hit seven-year highs on Monday and many filling stations in the Southeast were still without fuel, as the region slowly recovers from a cyberattack on the Continue Reading

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

Chinese Refiners Ramped Up Crude Processing In April

China’s refinery throughput increased by 7.5 percent annually in April, signaling a sustained recovery in crude processing, although the volumes were lower than the record-highs seen last November, according to Continue Reading

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

COVID Crisis May Delay Oil Offloading Operations In India

The alarming situation with the spread of the coronavirus in India has started to affect operations at some of India’s ports, which could lead to delays in oil offloading and Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • Climate

Supreme Court Rules for Oil-and-Gas Companies Fighting Climate Lawsuit

The Supreme Court handed the city of Baltimore a preliminary setback in its bid to sue more than 20 multinational oil-and-gas companies on allegations they contributed to climate change and Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Drilling Productivity Report

The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of active rigs Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • Prices

Quick Rise In U.S. Natural Gas Prices To Boost Coal Demand

U.S. coal-fired power generation is set for a short-term recovery this summer as higher prices of coal’s main fossil fuel competitor, natural gas, will discourage parts of gas-fired electricity generation. Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • USA

U.S. Residential Energy Use Fell In 2020 Despite Lockdown

U.S. residential energy consumption fell by 4 percent year over year in 2020, even though more people stayed at home to work or attend school during the lockdowns last year, Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple

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