US

Infographic: US oil and gas industry is dangerous

Graphic Products’ Alison Warner designed an infographic presenting all the dangers that are lying behind the oil and gas industry. The equipment, the flammable chemicals and high pressures can easily result to fatal accidents. The oil and gas industry is amongst the most dangerous jobs in America, this is why it has one of the most thorough safety training programs.

China conservatively optimistic on reaching a trade deal with the US

China and the US will carry out more negotiations in China, according to Vice Premier Liu He. In the meantime, the US President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. However, Mr. Liu is conservatively optimistic that the two countries will agree on a deal, but there are some ‘issues of principle’ on which China is not willing to back down.

2018 the most profitable year for US oil producers in five years

EIA informed that net income for 43 US oil producers totaled $28 billion in 2018, which is a five-year high. According to the net income, 2018 was the most profitable year for these US oil producers since 2013, in spite of crude oil prices that were lower in 2018 than in 2013 on an annual average basis. These companies accounted for about one-third of total US crude oil and natural gas liquids production in the fourth quarter of 2018.

US retail imports rising ahead of higher tariffs

With retail sales rising and Trump’s plans to both increase and broaden tariffs on goods from China, imports at the US’ major retail container ports are expected to see unusually high levels in the next months and through the summer, according to a monthly report by the NRF and Hackett Associates.

US President Trump prohibits trade in Iranian metals

According to Bloomberg, US President Donald Trump provided an executive order banning the purchase of Iranian iron, steel, aluminum and copper, worsening the tensions with the Islamic Republic a day after he declared he may begin enriching uranium again in two months.

Chinese diplomat calls US to enter Belt and Road initiative

The US has every reason to collaborate with China in the Belt and Road Initiative in order to enhance connectivity and jointly mitigate global development issues, according to a senior Chinese diplomat. Chinese Consul General in New York, Huang Ping noted that the BRI could be a point of agreement for China and the US cooperation in addressing development across the world.

Oregon rejects water quality certificate to Jordan Cove LNG

The Oregon Department of Environmental Quality issued a decision on Jordan Cove’s application for a Section 401 Water Quality Certification. DEQ denied the requested certification at this time. DEQ denied the requested water quality certification at this time due to insufficient information to demonstrate compliance with water quality standards.

US Navy hospital ship to assist Venezuelan refugees

The US will send a hospital ship to assist in the refugee crisis resulting from instability in Venezuela. Namely, at the annual Washington Conference on the Americas at the State Department, Vice President Mike Pence announced the Navy hospital ship USNS Comfort will deploy to the US Southern Command area of operations next month.

First all-electric ships built in the US to launch in 2019

New York Governor Andrew M. Cuomo announced that the Maid of the Mist, which has been navigating the waters of the Lower Niagara River, is preparing to launch the first two new all-electric, zero-emission passenger vessels constructed in the US. The vessels will be launched later this year. The new vessels will be placed into service in mid-September.

US Secretary of State worried about Russia’s, China’s actions in the Arctic

US Secretary of State Mike Pompeo is worried about Russia’s aggressive behaviour in the Arctic, while China’s actions should also be watched closely. This comes amid increasing divisions in the Arctic regarding global warming and access to minerals. However, Mr. Pompeo said that all were welcome to share in the Arctic’s wealth.

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