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Month: June 2021

Category:
  • Iran

Iran Nuclear Talks Head For Crucial Weekend Discussions

The talks about bringing Iran and the United States back to the so-called Iranian nuclear deal will resume on Saturday with divergences remaining, in what would be the last attempt Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Iran
  • p-
  • USA

US Congress unlikely to block new Iran deal, oil sanctions relief: analysts

Highlights Latest Republican bill aims to require congressional review Platts Analytics expects US sanctions relief by September Biden not bound by existing congressional review law In the latest attempt to Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • IEA
  • OPEC

IEA urges OPEC+ to ‘open the taps’ as global demand seen rising 3.1 mil b/d in 2022

Trims H2 21 ‘call’ on OPEC but warns of supply-demand ‘chasm’ Non-OPEC+ oil output to rise 1.6 million b/d in 2022 Home-working, vehicle efficiency, EVs to impact gasoline Global oil Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco Raises $6 Billion From Fresh Bond Sale

Saudi Aramco raised this week $6 billion via its first Islamic bond denominated in U.S. dollars, orders for which exceeded $60 billion, according to a document from one of the Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NNPC Decries Rise in Smuggling of Petroleum Products

The Nigerian National Petroleum Corporation (NNPC) yesterday raised the alarm over the continuous rise in the smuggling of petroleum products, despite the establishment of the ‘Operation White’ initiative by the Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • China

China Delivers Crushing Blow To Wind, Solar Power

China will stop subsidizing new solar farm projects, distributed solar projects for commercial users, and onshore wind farms as soon as this year, Reuters reported, citing the central planning authority Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Hot weather, lower wind output lift gas generation; prices remain a risk

Toasty early-summer weather and falling wind generation have lifted US gas-fired power burn to seasonal highs this month, but rising gas prices threaten to put a damper on the rally. Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Biofuels
  • USA

Biden considers giving refiners relief from U.S. biofuel laws, sources say

President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Climate
  • Electricity

Heat wave drives U.S. West power prices to highest since February freeze

Power lines are shown as California consumers prepare for more possible outages following weekend outages to reduce system strain during a brutal heat wave amid the outbreak of coronavirus disease Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple
Category:
  • Alaska

Biden administration reinstates roadless rule for Alaska’s Tongass National Forest – The Washington Post

The Biden administration said Friday that it would “repeal or replace” a rule allowing roads and other types of development in more than half of Alaska’s Tongass National Forest, reviving 20-year-old Continue Reading

Posted On : 12 Jun 2021 Published By : Tom Whipple

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