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Month: August 2021

Category:
  • Venezuela

Citgo Could Help Venezuela’s Refineries Get Started

Refiner Citgo Petroleum, the U.S. subsidiary of Venezuela’s state-held oil firm PDVSA, expects to play a “bridge” role in a Venezuelan transition once U.S. sanctions are lifted, and could help Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • China

China Reopens Terminal at World’s Third-Busiest Port

The Meishan terminal at China’s second-busiest port reopened Wednesday following a two-week shutdown that further snarled already stressed shipping routes in Asia. The terminal will start the resumption of normal Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • China

China’s LNG import surge to cool in winter as high prices bite

China’s liquefied natural gas (LNG) imports are expected to increase at a slower pace in the second half of the year after blistering growth over the first six months, but Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Japan

BOJ Sees Delta Variant Delaying Recovery More Than Expected

Japan’s economic recovery will be delayed more than previously expected as the delta variant pushes up infections to record levels, according to a Bank of Japan board member. “The current Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • China
  • coronavirus

Biden to Receive Report on Covid-19 Origins, but Challenges Persist in How to Deal With China

A new assessment by U.S. spy agencies of the origins of Covid-19 that was delivered to the White House Tuesday didn’t yield a definitive conclusion on whether the new coronavirus Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. to restart oil leasing with offshore auction this year

 The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • Refining
  • USA

Phillips 66 puts Alliance, Louisiana refinery up for sale

The fourth-largest U.S. refiner Phillips 66 (PSX.N) on Tuesday said it has put the smaller of its two Louisiana refineries up for sale amid continued losses and an uncertain future Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

Disappointing Crude Draw Threatens Shaky Oil Rally

The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 1.622 million barrels for the week ending August 20, bringing the total 2021 crude draw Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Climate activists fear this is the last chance for Biden, Congress, to pass meaningful climate legislation

Gina Peltier prayed over the Mississippi River earlier this month, hoping that President Biden would step in to stop the oil pipeline that she says will threaten Minnesota lakes, wild-rice Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple
Category:
  • Electricity
  • USA

US clean power installations surpass 2020 to reach a Q2 record, Texas leads states

Battery energy storage installations up 439% from Q1 Texas leads additions with 1.489 GW, 17% of pipeline US project developers installed 5.62 GW of clean power capacity in second-quarter 2021, Continue Reading

Posted On : 25 Aug 2021 Published By : Tom Whipple

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