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Month: August 2022

Category:
  • Nigeria

Nigerian military scales up battle against oil theft in bid to restore production

 Military recovers 3.75 mil barrels of stolen crude Nigeria losing close to 400,000 b/d oil output to theft: NNPC Bonny Light, Forcados exports remain disrupted Nigerian security agencies have scaled Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Kazakhstan

Kazakhstan To Reroute Oil Flow From Caspian Pipeline

Kazakhstan will re-route some of its export oil to a pipeline in Azerbaijan as the Caspian Pipeline Consortium channel remains at risk of further suspensions, Reuters has reported , citing Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Colombia

Colombia’s New Leftwing President Is Hiking Taxes On Its Oil Industry

 Colombia inaugurated its new president, former leftist guerilla Gustavo Petro. The notoriously anti-oil president is already making moves to extract more revenue from the mining and oil industries. Colombia is Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Venezuela

PDVSA pauses oil-for-debt shipments to Europe, wants product swaps

Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it with fuel in exchange for future cargoes, Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

U.S. Drilling Activity Sees Decline For Second Straight Week

The number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published on Friday. It is the second Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Gulf Of Mexico

Oil Outages in Gulf of Mexico Straining Tight Market

Six oil and gas fields in the Gulf of Mexico have been shut. Six oil and gas fields in the Gulf of Mexico have been shut after a leak at Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Gulf Of Mexico

U.S. offshore oil output to restart after pipeline fix

 A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • California
  • Nuclear

California governor proposes $1.4 billion loan to keep nuclear plant open

 California Governor Gavin Newsom is proposing to give PG&E Corp (PCG.N) a $1.4 billion government loan to extend the life of a nuclear power plant it runs by as much Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Hot nights: US in July sets new record for overnight warmth

Talk about hot nights, America got some for the history books last month. The continental United States in July set a record for overnight warmth, providing little relief from the Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

The Climate Future Just Changed: Eight Predictions for 2030

Cleaner air, greener cities, shifted politics: Experts speculate on likely outcomes by the decade’s end from $374 billion in US climate spending. The landmark bill could pave the way for Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple

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