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Month: January 2022

Category:
  • Guyana

ExxonMobil Announces Two New Oil Discoveries In Guyana

ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recoverable resource estimate for the block, the U.S. Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • China

Anger at Xi’an Lockdown Spreads in China – WSJ

Authorities in the Chinese city of Xi’an relented in some of their pandemic restrictions after a nationwide outcry over the account of a woman who lost her unborn baby in Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • USA

U.S. crude stockpiles drop, but fuel builds sharply as demand dips – EIA

U.S. crude oil stockpiles fell last week while gasoline inventories surged by more than 10 million barrels, the biggest weekly build since April 2020, as supplies backed up at refineries Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Oil

Shale Giants View a Crude Oil Ascent Above $100 as Bad for Industry

Citi’s Morse Sees Oil Market in Surplus at End of 2022 Major shale-oil drillers are dreading the prospect of $100-a-barrel crude on fears it will tempt less-disciplined rivals to expand Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Electric Cars

Titans of Carmaking Are Plotting the Overthrow of Elon Musk

Volkswagen ID.3 electric cars inside a delivery tower at the automaker’s factory in Dresden, Germany. Volkswagen and Toyota are coming for Tesla, laying out $170 billion worth of investments to Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Electric Trucks

GM Enters Electric Pickup Battle With 400-Mile Silverado EV

Mary Barra speaks next to the new Chevrolet Silverado EV at CES 2022. General Motors Co. Chief Executive Officer Mary Barra showed off the company’s electric Chevrolet Silverado at the Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • USA

Supply Chain Woes Prompt a New Push to Revive U.S. Factories – The New York Times

When visitors arrive at the office of America Knits in tiny Swainsboro, Ga., the first thing they see on the wall is a black-and-white photo that a company co-founder, Steve Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

More than 40 percent of Americans live in counties hit by climate disasters in 2021

2021 ended as it began: with disaster. Twelve months after an atmospheric river deluged California, triggering mudslides in burned landscapes and leaving a half-million people without power, a late-season wildfire destroyed hundreds of Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the week ending December 31, 2021

U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending December 31, 2021 which was 163,000 barrels per day more than the previous week’s average. Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. Overtakes Qatar To Become The World’s Largest LNG Exporter

The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations , the Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple

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