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Month: June 2021

Category:
  • Iraq

Iraq to receive $360 mil World Bank loan to help expand gas flaring reduction from south

Highlights Loan to help boost Basrah Gas Co’s processing capacity by 40% BGC currently treats 900 MMcf/d of associated gas BGC is JV between South Gas Co., Shell and Mitsubishi Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Zimbabwe

Zimbabwe Faces Prolonged Power Outages After Surge Hits Plants

Lake Kariba dam between Zambia and Zimbabwe. Zimbabwe faces prolonged power outages after a surge in electricity imports from neighboring South Africa overloaded its network and caused generating plants to Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Panama

Panama Canal Tackles Climate-Change Puzzle: Too Little Rainwater or Too Much

The Panama Canal faces a creeping threat from climate change, including droughts so intense that ships sometimes reduce their cargo so as not to run aground, and giant storms that Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Brazil

Brazil’s Oil Boom Continues Unabated

Latin America’s largest oil producer Brazil is one of the worst affected countries globally by the COVID-19 pandemic. According to the World Health Organization, Brazil is the third ranked country Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Australia

Australia oil industry up in arms over proposed decommissioning levy

Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • China

China’s July key oil product exports may hit 6-year-low amid tight quota, good domestic margin

PetroChina to suspend July exports Gasoline exports to slump 98% to 30,000 mt New quota allocation delay Chinese oil companies are likely to slash their July gasoline, gasoil and jet Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Old, small and CO2-intense: why Canada’s highest-carbon oil sands sites keep pumping

In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. shale industry tempers output even as oil price jumps

A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, 2019. Picture taken February 10, 2019. REUTERS/Nick Oxford/Files Oil price Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Pacific Northwest cities grind to a halt in record heat

Temperatures were expected to shatter records in the Pacific Northwest again on Monday, bringing the city of Portland to a standstill as residents hunkered down in air conditioned homes or Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Number Of U.S. Drilled But Uncompleted Wells Drops 27% In A Year

The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has declined by 27 percent since the peak in June 2020, the Energy Information Administration (EIA) has Continue Reading

Posted On : 29 Jun 2021 Published By : Tom Whipple

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