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U.S. President Donald Trump bluntly threatens to wipe out North Korea in UN



Trump: Time for world to isolate N. Korean regime- Watch video

By Margaret Talev and Nick Wadhams

NEW YORK
Petroleumworld 09 20 2017

President Donald Trump bluntly threatened North Korea with annihilation if it menaces the U.S. or its allies and delivered a provocative argument to leaders of the world that they should embrace nationalism even when confronting collective threats.

OPEC success may be short-lived


After nine months of supply cuts, signs that glut is clearing. U.S. shale output is stil rising amid season wane in demand

By Grant Smith

LONDON
Petroleumworld 09 20 2017

When OPEC and its allies gather this week, they'll have the best evidence yet that their efforts to clear a global oil glut are succeeding. It may prove short-lived.

 

 

 

 

 

 

WEEK'S TOP NEWS

Hurricane Harvey hits oil refiners on maintenance work

Luke Sharrett/Bloomberg

Floodwater surrounds oil refinery storage tanks in Texas City, Texas on Aug. 30. Exxon, Phillips 66, Marathon among refiners delaying work. Lack of manpower, higher margins among reasons for postponing

By Jessica Summers and Barbara J Powell

NEW YORK/HOUSTON
Petroleumworld 09 19 2017

U.S. president enlists Latin American leaders to keep Venezuela regime in check

Reuters/Kevin Lamarque

Trump says democracy must be restored in Venezuela soon during a during a working dinner with Latin American leaders in New York, U.S., September 18, 2017. In photo, U.S. President with Brazil President Michel Temer (center R).

By Jennifer Jacobs and Samy Adghirni

NEW YORK
Petroleumworld 09 19 2017

China's oil company Cnooc looks for Gulf of Mexico partners


Derick E. Hingle/Bloomberg

Company won rights to develop two deep-water areas in Mexico. Cnooc looks to farm out areas near U.S. maritime border

By Adam Williams and Aibing Guo

MEXICO CITY/HONG KONG
Petroleumworld 09 18 2017

Mexico's main refineries down, quake, blackout, cripple refinery capacity



Cadereyta refinery latest casualty from spate of upsets. U.S. refiners exporting less gasoline after Hurricane Harvey

By Amy Stillman

MEXICO CITY/HONG KONG
Petroleumworld 09 18 2017

OTHER PREVIOUS TOP NEWS

 

 

OIL PRICES


Updated: Sept. 20 2017, 07:56 GMT / closing oil prices

 

09/19

 OPEC Basket
$53.81
+0.03
Mexico Basket
$48.26
-0.72
Venezuela Basket *
$45.89
+0.10

09/19

 ICE Brent
$55.14
-0.34
NYMEX WTI
$49.48
-0.43
NYMEX Natural Gas
$3.12
-0.02
USD/MXN Mexican peso
17.77

Euro/USD

1.20
09/20 USD/VBO
25.237

* Average weekly price

 

 

 

 

NEWS HEADLINES

Wednesday, Sept. 20 2017

Avin Baez y Robin Respaut -Powerful hurricane Maria battering smaller Caribean islands, head toward Puerto Rico

Anthony Esposito -Tuesday's Mexico City earthquake kills at least 226, rescuers dig through collapsed buildings

Timothy Gardner -U.S. senators looking at potential Russian control of Citgo

John Kemp -Winter natural gas stocks look tight, prices rise

Reuters Staff -Argentina's biodiesel reduced import duties is confirmed by EU

Reuters Staff -Total buys 23 pct stake in EREN renewables group for 237.5 mln euros

Ana Nicolaci da Costa -Damaged pipeline cause New Zealand's fuel shortage in flights and petrol stations

Osamu Tsukimori -Japan's rural elderly reverse gas station closures showing people's power

Steve Holland and Anthony Boadle -Trump warned US might take additional measures to pressure Venezuela

Ellen Wulfhorst -UN's global goals faltering on confidence amid slow progress - survey

Amanda Cooper -Oil set Wednesday for strongest third quarter since 2004, Iraq hints at OPEC extension

Tuesday, Sept. 19 2017

Jeff Mason -U.S. still leaving climate pact unless new terms can be negociated

Marianna Parraga -Oil cargoes to Venezuela move to LATAM countries as hurricanes extend disruptions

Anna Pujol-Mazzini -Protecting climate and development not mutually exclusive

John Kemp -On Harvey aftermath, hedge funds crowd in to bet on gasoline and diesel

Reuters Staff -S. Arabia says still examining options for nuclear power plants

Reuters Staff -France laying out new incentives to phase out polluting vehicles

Jussi Rosendahl and Tuomas Forsell - Nuclear company Fennovoima wants to delay Finland reactor project

Reuters Staff -China plans to ban all diesel trucks from Beijing

Megan Rowling -"Shocking" lack of funding limit clean cooking , undermine end poverty and hunger

Henning Gloystein -Oil steady Tuesday on tighter Middle East supplies, as rising U.S. output weighs

 

PW PREVIOUS NEWS HEADLINES

TODAY'S WORLD ENERGY, OIL, GAS HEADLINES

 

 

 

 

 

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Viewpoints on issues in energy, geopolitics and civilization

 

 

Editorial / Commentary

 

David Fickling & Shelly Banjo: A spark for the electric car revolution

By 2018, there will be 112 battery electric and 72 plug-in hybrid models
available globally, up from 76 and 36 respectively just 12 months ago.

 

 

Opinion



Tsvetana Paraskova: The $10 trillion resource North Korea can't tap

 


All the sanctions leading to Monday's strongest prohibitions so far have been designed to stifle North Korea's trade in minerals and cut off money for the regime

 

 

Lagniappe


Hello Tomorrow: How deep tech startups around the world
are transforming the energy sector


Solar panels at sunrise by Karsten Würth

Trends & lessons from our global startup competition

For Daily Energy, Oil & Gas information


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