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Month: June 2021

Category:
  • China

China’s independent refineries rush to buy straight-run fuel oil as crude quotas to fall short

Four refineries take cargoes for Jun/Jul delivery Around 80 mil mt quota available for Jun-Dec Using fuel oil lifts cost by $31/mt China’s independent refineries rushed to shop at least Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • China

CHINA DATA: Independent refineries’ crude imports rise by 1.8% on month in May

Feedstock imports for China’s independent refineries rose by 1.8% month on month to 3.71 million b/d, or 15.7 million mt in May, as the refiners stockpiled bitumen blend ahead of Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Electricity
  • USA

Energy Secretary Warns Cyberattack Could Shut Down U.S. Power Grid

There are malign cyber actors capable of shutting down the U.S. power grid or parts of it, U.S. Secretary of Energy Jennifer Granholm said this weekend, calling for increased public-private Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

Natural gas in transition: US residential-commercial markets face uncertainty

 Some states impose moratoriums on new gas hookups Others have moved to preserve gas choice As state and local governments across the US pursue increasingly aggressive carbon-reduction targets, the market Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • USA

Annual Reserve Revisions Part III: Larger Independents

The story here is of a gradual decline in the size and importance of most of these (once) large independents. Their combined reserves and production is not sizeable compared to Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

Apple in talks with CATL, BYD over battery supplies for its electric car

Apple Inc (AAPL.O) is in early-stage talks with China’s CATL (300750.SZ) and BYD (002594.SZ) , about the supply of batteries for its planned electric vehicle, four people with knowledge of Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Protesters clash with police at Enbridge pipeline construction site in Minnesota

Environmental protesters clashed with police on Monday after occupying a pump station as they rallied against Enbridge Inc’s (ENB.TO) Line 3 pipeline in Minnesota, while Enbridge said it had evacuated Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Analysis: Market for U.S. oil acreage booms along with crude price recovery

A recovery in the price of oil to more than two-year highs is offering a long-awaited opening to companies and private equity firms to shed unloved assets in the U.S. Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • Renewables

Renewable Energy Boom Unleashes a War Over Talent for Green Jobs

Clean energy giants are finding a shortage of workers with the skills needed to support their ambitious growth plans. The renewables jobs market is heating up and candidates with the Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • USA
  • Wind

Offshore Wind Farms Show What Biden’s Climate Plan Is Up Against

A constellation of 5,400 offshore wind turbines meet a growing portion of Europe’s energy needs . The United States has exactly seven . With more than 90,000 miles of coastline, Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple

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