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Month: September 2021

Category:
  • Nigeria

Nigeria: 451 Leaks, 11 Fire Incidents Reported in NNPC’s 5,000km Pipelines in One Year

The pipelines operated by a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Pipelines and Storage Company (NPSC) Limited, experienced a total of 451 breaks and 11 fire Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • Suriname

The Next South American Oil Giant

The COVID pandemic has wreaked considerable damage on the economies of South America’s smaller fiscally fragile countries, with the former Dutch colony of Suriname hit especially hard. During 2020 the Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

China’s Historic Decision To Stop Hoarding Oil

For a long time, China’s energy policy has centered around one primary and pressing goal: to establish energy security. As the biggest importer and second-biggest consumer of oil in the Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

China’s daily oil refinery output hits 15-month low in August

China’s crude oil throughput continued to fall in August, with daily runs hitting the lowest since May 2020, as a resurgence in coronavirus cases and a drastic cut in fuel Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

Delta Hits China Growth; HIV Stymies South Africa: Virus Update

China’s economy weakened further last month after government measures to contain the virus curbed consumer spending. Singapore said the treatment plan for most people with breakthrough infections will be home Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

China’s Move to Curb Oil Prices Has Market Wary of More to Come

China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices. Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

China’s Economic Recovery Is Looking Gloomier

Nearly three-quarters of residents of countries with some of the world’s most advanced economies worry that climate change will one day create suffering in their own lives, according to a Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China

China slowdown worsens as Covid outbreak exposes consumer weakness

China’s economic slowdown worsened in August as coronavirus outbreaks exposed lingering weakness in consumer spending and cast greater doubts over the country’s growth prospects. Retail sales rose just 2.5 percent Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • China
  • OPEC

China’s Oil Sale Is A Clear Message To OPEC+

China made headlines last week with the news that it was going to release some crude oil from its strategic petroleum reserve and sell it in a move that Bloomberg Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Colonial Pipeline partially resumes as Nicholas brings rains, wind

The largest U.S. fuel line resumed partial operations Tuesday as oil and gas facilities weathered hurricane Nicholas’ landfall in Texas, suffering less damage than in Hurricane Ida two weeks earlier. Continue Reading

Posted On : 15 Sep 2021 Published By : Tom Whipple

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