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Month: August 2021

Category:
  • India

India starts selling oil from strategic reserves after policy shift

India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy to commercialize its federal storage by leasing out space, three Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • Brazil

Fires and Deforestation Made 2020 a Nightmare Year for the Amazon

Wildfires in the southern Amazon last year and in the nearby Pantanal region were the worst on record, mainly due to the deadly combination of drought and human activity. These Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • Brazil

Brazil Woos Oil Majors With Low-Carbon Crude Projects

Brazil is hoping to attract oil majors to new deepwater projects that would employ low-carbon extraction technology, Reuters has reported , citing country officials. According to unnamed sources, Exxon, TotalEnergies, Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • Guyana

Guyana official vows to develop its oil in an environmentally safe manner

Guyana will develop its massive oil and gas discoveries with full environmental protections, a top official told a U.S. energy conference on Tuesday, pushing back against calls for energy providers Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China
  • Hydro

China Has Thousands of Hydropower Projects It Doesn’t Want

As President Xi Jinping calls for greater environmental protection, officials are eager to demolish badly-planned dams. But the country will need vast amounts of clean hydroelectric power to meet its Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China

China Continues To Tap Crude Reserves Despite Plunge In Refining Activity

The world’s largest oil importer, China, is estimated to have drawn some crude from its oil reserves in July, although its refining throughput fell to the lowest level in over Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China

Rising COVID-19 Case Count Disrupt Oil Ports In China

The rising Covid-19 case count in China has begun disrupting crude oil trade as it shutters some of the world’s busiest ports. Bloomberg reported earlier this week that the Ningbo-Zhoushan Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China

China Port Congestion Worsens as Ningbo Shuts for a Week

The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert away from Ningbo amid uncertainty over how long virus control Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China
  • USA

Escalating U.S.-China Solar Rift Threatens Biden Green Goals

The first big test of Joe Biden’s lofty clean-power ambitions may not be sweeping climate legislation that needs congressional approval, but managing a solar supply chain that’s being shaken by Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple
Category:
  • China

CHINA DATA: Jan-July key oil products exports hit 29 mil mt, leaving 7.5 mil mt quota for Aug-Dec

China exported a total 29.09 million mt of gasoline, gasoil and jet fuel in January-July, leaving just 7.54 million mt of export quota available for the rest of the year Continue Reading

Posted On : 18 Aug 2021 Published By : Tom Whipple

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