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Month: August 2021

Category:
  • China

PetroChina to add 3.5 mil mt standard coal/year of green energy capacity in 2021

PetroChina has targeted increasing its green energy production and utilization capacity by 3.5 million mt standard coal/year in 2021, as part of its effort to meet emission peak by around Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Australia
  • coronavirus

Australia logs record COVID-19 cases, driven by New South Wales

 Australia reported a record 1,126 coronavirus infectious on Saturday, the vast majority in New South Wales, the epicenter of the Delta-fuelled outbreak. More than half of Australians have been in Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • China

Chinese Tech’s Brief Revival Is Already Showing Signs of Fatigue

Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault. JPMorgan Asset Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Nissan to launch all-electric minivehicle in early FY2022 in Japan

Nissan Motor plans to start sales of an all-new, all-electric minivehicle in Japan in early FY2022. The vehicle is part of a joint project with Mitsubishi Motors Corporation and is Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. oil and gas rig count rises for 13th month in a row -Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a fourth week, resulting in the 13th monthly increase in a row, even as a major storm approaches Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Oil firms cut U.S. Gulf of Mexico output by 59% ahead of Ida

 Oil producers on Friday have shut-in 59% of Gulf of Mexico crude production as the ninth-named storm of the season barreled towards the key U.S. offshore oilfields, according to the Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Biofuels
  • USA

EPA Proposes Biofuel Mandate Cut In Win For Oil Refiners

The Environmental Protection Agency has proposed a retroactive reduction in biofuel mandates, effective 2020, in very welcome news to oil refiners who have been complaining of the costly mandates. Citing Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Electricity
  • USA

North America set weather-adjusted power load record this July; prices surge

 Gas prices a bigger factor in power hikes Stronger economy seen in some areas Pandemic may lessen price surge in 2021 Stronger North American power demand has had a muted Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • California
  • Electricity

Battery storage capacity rapidly rising across California, thermal remains strong

Highlights California battery storage capacity to double by end of year June-Aug. thermal generation up 27% over 5-year average Battery storage is taking off in California with nearly 1.2 GW Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple
Category:
  • Oil Supply

‘Extremely dangerous’ Hurricane Ida knocks out more oil than Katrina

 U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17% of the nation’s oil Continue Reading

Posted On : 28 Aug 2021 Published By : Tom Whipple

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