Some U.S. oil policies are likely to shift significantly when Donald Trump assumes the presidency next year. While details remain sketchy, he’s highlighted a number of areas where he differs Continue Reading
ConocoPhillips will sell up to $8 billion in natural gas assets and trim its capital budget by 4% next year to provide funds to bolster operations. Nov 10 (Reuters) – Continue Reading
A general view of the lobby outside of the Carlyle Group offices in Washington, U.S…. A Carlyle Group LP hedge fund has lost the $400 million it invested last year Continue Reading
U.S. coal production dropped by more than 10% in 2015 to 897 million short tons (MMst), the lowest production level since 1986. Production in all three major coal-producing regions (the Continue Reading
Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy Continue Reading
There’s a new “Peak Oil” prediction out, and this one is worth taking seriously if for no other reason than its source. Peak Oil, you may recall, refers to a Continue Reading
Crude reversed 4% intraday slide Wednesday after shock victory ‘Relentless’ supply growth seen by IEA as non-OPEC recovers The oil market is taking a breather. A day after Donald Trump’s Continue Reading
Oil prices steadied on Thursday as markets recovered from their initial shock at U.S. President-elect Donald Trump’s surprise victory, but investors were cautious ahead of a key OPEC meeting to Continue Reading
The sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain,… Crude-oil prices dropped to a more than three-month low in mid-morning Asia trade on Wednesday Continue Reading
Money managers have reduced their bullish crude oil bets due to disputes among OPEC members on how to implement the output ceiling agreed to in late September. Managers reduced their Continue Reading
As if OPEC had an easy job to do in trying to get its own 14 members on the same page about its policies, another major unknown entered the global Continue Reading
A few hours after Donald Trump won the presidential election, the Energy Information Administration (EIA) reported a build of 2.4 million barrels of crude in U.S. commercial inventories. Total inventories Continue Reading
Since the 1980s, air pollution has increased worldwide, but it has increased at a much faster pace in regions close to the equator. Researchers from the University of North Carolina Continue Reading
The oil market risks running another surplus in 2017 without an output cut from OPEC, as producers around the globe ramp up supply and demand growth falters, the International Energy Continue Reading
Estimate rises 110,000 barrels a day to almost 500,000 a day Russian output is likely to lead the increase, agency says The International Energy Agency increased its estimate of oil Continue Reading
Should Opec fail to make output cuts and production from outside the cartel keeps rising, 2017 could be another year of “relentless” global supply growth, the International Energy Agency said Continue Reading
Suez chokepoint It’s common knowledge that most of the world’s oil is transported internationally by tankers. What might not be so commonly known is the fact that almost half of Continue Reading
While the proxy war in the middle-east rages, a curious, and largely under the radar pivot has been taking place in one of the countries directly impacted by Hillary Clinton’s Continue Reading
Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves. Tankers may Continue Reading
Oil pipeline fire Nigeria’s most notorious militants sabotaging oil infrastructure, the Niger Delta Avengers (NDA), have said they bombed late on Tuesday the Trans Forcados pipeline, in the third attack Continue Reading
Aggrieved indigenes of Ogidigben, Ajudaibo and Mandagho, Itsekiri riverine communities in Warri South West Local Government Area, Delta State, protesting alleged abandonment by Shell Petroleum Development Company, SPDC, have shut Continue Reading
Brazilian state-run oil company Petróleo Brasileiro SA said Tuesday it has decided to reduce prices for gasoline and diesel, after more than a year of using its near-monopoly in the Continue Reading
The U.S. energy industry on Wednesday reveled in Republican Donald Trump’s presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red Continue Reading
The Chinese government’s muted reaction to Donald Trump’s victory in the US presidential election belied a result that threatens to upend decades-old policy certainties in the region, with far-reaching consequences Continue Reading
A motorist holds a fuel pump at a Gulf petrol station in London April 18, 2006. The U.S. energy industry on Wednesday reveled in Republican Donald Trump’s presidential victory, expecting Continue Reading
Climate advocates said the momentum moving in support of a low-carbon economy can’t be derailed by a U.S. President Donald Trump despite his expected policies. Trump defied nearly every expectation Continue Reading
American students react to Donald Trump’s victory in the U.S. presidential election, as they take… Donald Trump ’s surprise victory is injecting a wave of uncertainty into a global climate Continue Reading
Donald Trump’s energy ideas are ‘basically the antithesis of the current administration’s,’ according to JBC… Donald Trump ’s surprise victory fanned expectations in the energy industry that he would clear Continue Reading
Helicopter operator Erickson Inc. has put its flying fleet into bankruptcy, blaming oil and gas companies that cut back on drilling operations during a slump in energy prices. Lawyers who Continue Reading
General Motors will lay off 2,000 employees at two car plants in the US Midwest, the latest sign that the US car industry is suffering from softening demand, especially for Continue Reading
The controversial Dakota Access Pipeline could face another two months of delay in federal permitting but will ultimately receive the needed approval when President-elect Donald Trump takes office in January, Continue Reading
Analysts say Donald Trump’s victory over former Secretary of State Hillary Clinton is likely a “net positive” for oil and gas, but with an absent comprehensive energy program, uncertainty remains. Continue Reading
The incoming administration has pledged to curb the EPA’s power. How well might it deliver? Decisions by the U.S. Environmental Protection Agency (EPA) often have far-reaching effects on refineries, petrochemical Continue Reading
After pledging to stimulate the economy and create jobs, the oil and gas industry hopes to see Trump make good on his promises. The results are in. And just hours Continue Reading
Donald Trump’s victory in the U.S. presidential election will trigger a race among journalists, analysts and traders to explain what it means for energy policy and markets. But the president-elect Continue Reading
U.S. President-elect Donald Trump gestures as Vice President-elect Mike Pence applauds (L) at their election night rally in Manhattan, New York, U.S., November 9, 2016. Beyond the short-term volatility as Continue Reading
The path of the Dakota Access Pipeline is seen near the Standing Rock Indian Reservation in St. Anthony, North Dakota, U.S. November 9, 2016. The top executive at the company Continue Reading
Immediate questions include approach to Middle East producers Clarity also awaited on Trump’s domestic energy policies Some U.S. oil policies are likely to shift significantly when Donald Trump assumes the Continue Reading
President-elect Trump has said he would withdraw President Obama’s climate rule cutting power-plant carbon emissions…. On energy and environment issues, President-elect Donald Trump appears likely to spend the next four Continue Reading
Keystone XL, the proposed oil pipeline from Canada to the US that was opposed by environmental campaigners, has been put back on the political and commercial agenda by Donald Trump’s Continue Reading
The global financial markets began to crash last night as a Trump victory became more likely, although they regained ground as the results started to clear up. Nevertheless, to say Continue Reading
Donald Trump’s victory in the US presidential race surprised many traders Wednesday, leading to volatile trading in some of the commodity markets that S&P Global Platts follows. Below are some Continue Reading
Europe’s oil and gas industry is likely to benefit from Trump in the White House, but calls for a clear energy policy framework from the President Elect. Donald Trump’s victory Continue Reading
It didn’t take long for Russia to roll out the red carpet for Donald Trump. Lawmakers burst into applause when Trump’s shock victory over Hillary Clinton was announced in the Continue Reading
Oil declined as Republican Donald Trump was elected the 45th U.S. president, prevailing over Democrat Hillary Clinton in a victory that threw global markets into turmoil. Futures fell as much Continue Reading
Oil fell below $46 a barrel on Wednesday as Donald Trump’s surprise victory in the U.S. presidential election sent markets into turmoil reminiscent of June’s Brexit vote. The global benchmark, Continue Reading
The latest American Petroleum Institute (API) report shows a crude oil build more than two times larger than experts expected, after last week’s government report revealed a record 14.4 million Continue Reading
Majors see cash from operations rise three quarters in a row Trend to continue in 2017 as crude prices recover, Fitch says Ask any oil-company accountant, “what’s the difference between Continue Reading
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value. Continue Reading
New data released by the World Meteorological Organisation (WMO) shows that the five years from 2011 to 2015 were the warmest on record. The report, published at global climate talks Continue Reading
