Tag Archives: us rig count

Blowout Week 141

In this week’s Blowout: Bumper wheat harvest in hottest year; OPEC output falls sharply in August; Apache Corporation makes billion barrel find; Caspian Sea set to add 200,000 bpd; Hurricane Energy finds more oil West of Shetland; US rigs up 7; Rosatom to build 16 nukes in Saudi; Iran begins work on second nuke; UK government may take a stake in Hinkley and renegotiate deal; Corbyn to ban fracking; coal prices surge; global coal consumption rising; 100% renewables in Costa Rica; one new turbine a day in Scotland; US may outlaw biomass in power sector; renewable heat strategy failing in UK; Spain replaces old solar modules; global warming causes profanity. Continue reading

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Blowout Week 137

This week we return to Hinkley Point, where yet another potentially deal-breaking complication has arisen as a result of the US filing suit against the China General Nuclear Power Company – a 33.5% stakeholder in Hinkley – for nuclear espionage. China has warned that retaliatory measures may be taken if the UK now dumps Hinkley. So what happens next? Continue reading

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