U.S. Secretary of State Antony Blinken said on Sunday he sees “increasingly adversarial” aspects to the United States’ relationship with China. “There are clearly increasingly adversarial aspects to the relationship, Continue Reading
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal threatens Continue Reading
The U.S. isn’t ready to lift tariffs on Chinese imports in the near future, but might be open to trade negotiations with Beijing, according to U.S. Trade Representative Katherine Tai. In Continue Reading
The U.S. natural gas benchmark is set for several months of below $3 MMBtu price analysts and EIA forecasters say. The agency cited declining demand for heating in the spring Continue Reading
Articles about solar power and a pair of LNG projects on two different continents ranked among the more popular articles last week among Rigzone’s downstream audience. Read on for details. Continue Reading
Democrats have spent the last several years clamoring to raise taxes on corporations and the rich, seeing that as a necessary antidote to widening economic inequality and a rebuke of Continue Reading
Georgia’s Plant Scherer and its neighboring pond, where the plant has dumped nearly 16 million tons of toxic coal ash. Mark Berry raised his right hand, pledging to tell the Continue Reading
The US has offered Egypt assistance in unblocking the Suez Canal, as the head of the world’s largest shipping company warned that businesses reliant on just in time supply chains Continue Reading
Mexican President Andrés Manuel López Obrador is using the Texas Freeze to cut the country’s dependence on U.S. gas imports and to garner support for rolling back the energy sector’s Continue Reading
The largest U.S.-based crude oil lobby has voted to support a measure that would tax or otherwise levy a price on carbon dioxide emissions. While surprising that the American Petroleum Continue Reading
The oil industry’s top lobbying group will push Congress for legislation to price carbon emissions across the economy, in a sharp policy turnabout a decade after the industry helped kill Continue Reading
As the shift in oil demand from Covid-19 turned the tables of regional levels of fuel production and exports, China succeeded in overtaking the USA as the world’s biggest oil Continue Reading
The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the Continue Reading
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Continue Reading
For the past five weeks, nurses at Cobre Valley medical center in Globe, Arizona, have been vaccinating anyone aged 18 and over, after becoming one of the first places in Continue Reading
Canada’s oil industry could see another 7,300 jobs lost this year, said the Petroleum Labour Market Information division of Energy Safety Canada, as quoted by Global News. The job loss Continue Reading
The American Petroleum Institute board voted Thursday to endorse putting a tax or other price on carbon dioxide emissions, a shift for the oil industry that could influence the Biden administration’s Continue Reading
Two hours after midnight in this island paradise, a cloudy vapor rose from a massive oil refinery and floated over nearby homes as quietly as a ghost. The fine mist Continue Reading
Highlights Mismatch between available financing, quality projects Bankers encourage greater contract, distribution flexibility Houston — There is a mismatch between the amount of available financing and the number of quality Continue Reading
The prospect of summer drivers crowding U.S. highways is powering steep gains in the price of gasoline, a sign of economic recovery and a boon for the pandemic-ravaged energy industry. Lifted Continue Reading
U.S. refiners have turned to Russian oil and petroleum products to fill the gap that sanctioned Venezuelan crude and drastically reduced OPEC shipments have left in U.S. imports, despite the Continue Reading
General Motors Co extended production cuts in North America on Wednesday due to a worldwide semiconductor chip shortage that has impacted the auto sector. The U.S. automaker said its Wentzville, Continue Reading
US crude inventory builds extended in the week ended March 19, US Energy Administration data showed March 24, as refinery runs continued to see lingering effects from the mid-February polar Continue Reading
Mexico’s Pemex is considering letting U.S.-based Talos Energy lead the development of the Zama oil field, Reuters reported , citing the state oil company’s chief executive. Talos Energy, leading a Continue Reading
Two Democratic Senators from California are urging the Biden Administration to follow California’s lead and set a date for phasing out new sales of gasoline and diesel-powered cars. In a Continue Reading
U.S. coal, natural gas and motor fuel producers get implicit benefits worth tens of billion of dollars a year by not having to pay for the damage their products do Continue Reading
The United States, the European Union, Britain and Canada each announced sanctions against China over human rights abuses in Xinjiang, a coordinated effort aimed at holding Beijing accountable for a Continue Reading
The U.S. and China are tiptoeing toward cooperation on climate change despite recent and testy high-level talks, with the two governments’ chief climate envoys scheduled to come together for formal Continue Reading
The US, EU, UK and Canada have imposed sanctions on China over its treatment of Uyghur Muslims in a coordinated move that sparked immediate retaliation from Beijing. Travel bans and Continue Reading
With persistence drought in New Mexico, 65% of the winter wheat crop was reported in very poor to poor condition, according to the USDA. Photographer: Spencer Platt/Getty Images Normally at Continue Reading
Administration officials are crafting a plan for a multipart infrastructure and economic package that could cost as much as $3 trillion and fulfill key elements of President Biden’s campaign agenda, Continue Reading
As one of his first acts in office, President Biden revoked TC Energy Corp.’s (NYSE:TRP) license on the controversial Keystone XL pipeline project. The project ran into trouble soon after Continue Reading
The Biden administration is set to participate in a climate summit co-hosted by China on Tuesday, just days after its first face-to-face talks with that country descended into bickering. John Kerry, the Continue Reading
Airlines and other tourism-related businesses are pushing the White House to draw up a plan in the next five weeks to boost international travel and eliminate restrictions that were imposed Continue Reading
Newly reported coronavirus cases in the U.S. edged higher, but remained below 50,000, as many states push forward with vaccinations programs and look to reopen schools. The U.S. reported more Continue Reading
Iran does not trust U.S. promises on lifting sanctions and will only return to its commitments under a 2015 nuclear deal once Washington fully removes the measures, Iranian Supreme Leader Continue Reading
Covid-19 vaccine manufacturers are ramping up production, churning out far more doses a week than earlier in the year, progress that is accelerating mass vaccination campaigns in the U.S. After a Continue Reading
The coronavirus vaccine developed by AstraZeneca and the University of Oxford provided strong protection against Covid-19 in a large clinical trial in the United States, offering complete protection against the Continue Reading
First, it was a demand slump across pretty much every manufacturing industry because of the pandemic. Then a surge in demand for electronics caused a shortage of microchips, which hit Continue Reading
The US Securities and Exchange Commission has directed two of America’s biggest oil companies to hold shareholder votes on farreaching new emissions targets, as the regulator adopts a tougher approach Continue Reading
The United States has warned China that it will not turn a blind eye to rising Iranian oil exports to Chinese ports, the Financial Times reported , citing a senior Continue Reading
A pick-up in spring break travel is pointing to the first signs of life for a battered jet fuel market, a trend that is likely to continue as more vaccinated Continue Reading
New York — US refinery crude inputs are expected to rise to about 14.4 million b/d for the week ended March 19, according to estimates from S&P Global Platts Analytics Continue Reading
Ford is scaling back output and will produce several of its models without certain electronic modules in the near term as automakers around the world continue to adjust amid a Continue Reading
A key tenet of the prior Trump administration’s crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil, which was often done through ‘ghosting’ Continue Reading
Mexico’s Pemex announced March 18 it has discovered over 1.2 billion boe of oil and natural gas in an onshore complex in the state of Tabasco, near the site where Continue Reading
The U.S. and China began their first high-level meeting under the Biden administration with an acrimonious exchange of words, setting an abrasive tone as the two powers try to stabilize Continue Reading
The first high-level U.S.-China talks of the Biden administration got off to a fiery start on Thursday, with both sides leveling sharp rebukes of the others’ policies in a rare Continue Reading
A coalition of states with Republican attorneys general sued President Biden on Wednesday over his decision to revoke a key permit for the Keystone XL oil pipeline. The lawsuit from Continue Reading
The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the Continue Reading
