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Month: August 2021

Category:
  • Prices

Oil in Longest Run of Declines Since 2019 After Fed Taper Signal

Oil headed for its longest stretch of daily declines since 2019 as the U.S. Federal Reserve’s signal it will start tapering stimulus promoted a rally in the dollar, and concerns Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Prices

Column: Oil price path depends on pandemic’s next phase: Kemp

Oil markets only exhibit the current combination of falling spot prices and a calendar spread in backwardation relatively infrequently, which suggests the contradiction between them will resolve itself rapidly. Falling Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Climate

A billion children are at ‘extremely high risk’ of climate shocks, UNICEF says

Almost half of the world’s 2.2 billion children are living in countries that face an extremely high risk of the impacts of the climate crisis, including environmental shocks such as Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Iraq

Genel Down on Iraqi Kurdistan’s Plan to Scrap Projects

 Genel Energy Plc fell the most in more than a year in London trading after saying Iraq’s Kurdish authorities plan to scrap its Bina Bawi and Miran natural gas projects. Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • India

Production Slumps By 40% At India’s Biggest Oil, Gas Deposit

Oil and gas production from India’s northwestern state of Rajasthan—home to the country’s single biggest oil and gas deposit—has slumped by 40 percent over the past two years, mostly due Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Panama

Planned Panama Canal maintenance to severely impact transit capacity: shipping agents

Scheduled maintenance at the Panama Canal’s Miraflores Locks Aug. 29-Sept. 10 could severely impact canal capacity and extend transit delays for “days, if not weeks after completion,” shipping sources have Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Guyana

15 companies await decision to market Guyana crude

Experienced crude oil marketer wanted Guyana is expected to pick its new crude oil marketer from a list of 15 companies that submitted bids to the procurement authority of the Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Surface Water Vulnerable to Widespread Pollution From Fracking, a New Study Finds

A new study shows the potential for widespread surface water pollution from hydraulic fracturing like at this drilling site in Western Colorado. Credit: Bob Berwyn Fossil fuels don’t just damage Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Western Drought Will Last Into Fall or Longer

The severe drought that has gripped much of the western half of the United States in spring and summer is likely to continue at least into late fall, government forecasters Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple
Category:
  • Biofuels

EPA to urge U.S. biofuel blending mandates below 2020 levels, sources say

The U.S. Environmental Protection Agency is expected to recommend to the White House reducing federal biofuel blending mandates for 2021 to below 2020 levels in what would be a blow Continue Reading

Posted On : 21 Aug 2021 Published By : Tom Whipple

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