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Month: May 2021

Category:
  • Prices

Fuel markets brace for volatility after cyber strike shuts US pipeline

Markets were braced for volatility in US petrol and diesel prices on Sunday as the country’s biggest fuel pipeline remained shut down following a cyber attack. The Colonial Pipeline, which carries Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Peak Oil

Peak Oil Demand, Really? Some Lessons From The Debate Over Peak Supply

Which peak are we talking about? Some recent headlines and quotes from the press: “Peak Oil is Suddenly Upon Us” (Bloomberg 12/1/20); “Even Exxon Mobil is Capitulating to Peak Oil Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Iran
  • USA

U.S. and Iran Want to Restore the Nuclear Deal. They Disagree Deeply on What That Means.

President Biden and Iran’s leaders say they share a common goal: They both want to re-enter the nuclear deal that President Donald J. Trump scrapped three years ago, restoring the bargain that Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Iran
  • USA

Iran Nuclear Deal Talks Are Finally Progressing

Russia, China, and the European signatories to the so-called Iran nuclear deal agreed on Friday to intensify talks on bringing the United States and Iran back into the Joint Comprehensive Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Iraq
  • OPEC

OPEC+ crude oil production rises in April, on surges from Iran, Russia: Platts survey

A resurgent Iran pumped its largest volume of crude in almost two years in April, while an increasingly compliance-challenged Russia also boosted its output yet again, bringing total production by Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia’s economy contracts in Q1 on lower oil production

Saudi Arabia’s GDP shrank 3.3% in the first quarter due to lower oil production from a year-earlier period, as the biggest Arab economy suffers from adherence to OPEC+ cuts. Not Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Iraq

Iraq puts out fire at second well in Kirkuk’s Bai Hassan field after May 5 attack

Iraq has extinguished a fire at a second well in Bai Hassan oil field in the Kirkuk region that was set on fire after an explosive attack on May 5, Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • Africa
  • coronavirus

Vaccine deserts: Some countries have no COVID-19 jabs at all

 At the small hospital where Dr. Oumaima Djarma works in Chad’s capital, there are no debates over which coronavirus vaccine is the best. There are simply no vaccines at all. Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • India
  • Shipping

India’s COVID-19 surge to unleash drastic disruptions in maritime industry: sources

 The ongoing second wave of the deadly coronavirus pandemic in India is expected to snowball into a major disruptor for the shipping and logistics industry as several ports globally are Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple
Category:
  • India

India turns to ex-army medics as COVID surge sparks calls for lockdown

India will recruit hundreds of former army medics to support its overwhelmed healthcare system, the defense ministry said on Sunday, as the country grapples with record COVID-19 infections and deaths Continue Reading

Posted On : 10 May 2021 Published By : Tom Whipple

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