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Author: Tom Whipple

Category:
  • Nigeria

Nigeria: How Broke Nigeria Lost U.S.$10 Billion to Crude Oil Theft in Seven Months

Oil theft Between January and July, Nigeria, Africa’s biggest oil producer, lost an average of 437,000 barrels of oil a day to criminals. Last week, the Group Managing Director of Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • India

The World’s Third-Richest Man Sells the World a Green Dream Built on Coal

Illustration: Itziar Barrio Gautam Adani’s fortune is gaining on that of Jeff Bezos and Elon Musk. Creating a global empire to match may prove harder, though, beyond the political connections Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • India

India restricts rice exports as commodity prices surge

India imposed controls on exports of several varieties of rice on Friday, in a move likely to affect the global market for one of the most commonly eaten staple foods Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • India

Cheap Russian Oil Softens Inflation Blow For India

Amid skyrocketing inflation, India has increased its imports of Russian crude oil as other countries are attempting to fix the price to restrict Russia’s oil revenues. “In a situation where Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s Refinery Crisis Is Far From Over

Decades of corruption, mismanagement, and poor maintenance have led to a huge drop in Venezuela’s refining capacity. Iran has helped Venezuela to ease its still ongoing fuel crisis. Venezuela needs Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • China

China oil demand may shrink first time since 2002 as COVID curbs bite

China fuel demand could drop 380,000 bpd in 2022 -Energy Aspects Crude imports down 4.7% for Jan-Aug, 1st period drop since at least 2004 Road congestion down 50% in COVID-locked Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • California

Californians Can’t Catch a Break as Gasoline Prices Rise Again

Customers refuel at a gas station in Concord, California. Photographer: David Paul Morris/Bloomberg Californians can’t get a break. A dangerous heat wave is raising the risk of blackouts in the Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

N.Y. to Maine Hit by Rare Drought Killing Crops, Sparking Fires

The Charles River in MassachusettsPhotographer: Brian K. Sullivan/Bloomberg It’s barely September, but crops are withering and brown leaves carpet the ground. Forests are bursting into flames. An iconic river is, Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • Agriculture

AGRICULTURE WEATHER WATCH: US soybean crop conditions improve but corn yield distress continues

Key wheat producing regions in Australia to see favorable weather France, Germany to receive rains in next few days Brazil, Argentina also set to witness rains Late sporadic rains in Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count rises by three to 871, Enverus says, as most basins add rigs or stand still

Highlights Permian adds most rigs: up 3 to 347 Even Permian growth may be slow in H2-22 The US oil and gas rig count rose by three to 871 on Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple

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