If there were any doubts that the climate is changing in the Colorado River Basin, 2020 went a long way toward dispelling them, thanks to yet another year of extreme Continue Reading
The U.S. Centers for Disease Control and Prevention (CDC) issued a sweeping order late Friday requiring the use of face masks on nearly all forms of public transportation Monday as Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
It’s the oddest of odd couples, yet understandable. According to a Reuters exclusive , the U.S. oil industry is teaming up with the U.S. corn industry to defeat a common Continue Reading
A temporary ban on oil and gas drilling across federal lands and waters will exclude tribal lands, the White House said in a fact sheet released yesterday, after some Native Continue Reading
With warming temperature playing a role in everything from mass migrations (see Central America and the U.S. southern border) to civil war (see Syria), climate change has been a factor Continue Reading
America’s main oil-export hub sees demand picking up from China this year. (Bloomberg) — America’s main oil-export hub sees demand picking up from China this year even as a resurgence Continue Reading
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the Continue Reading
The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to Continue Reading
The Office of the Comptroller of the Currency (OCC) is pausing the publication of a rule that would make large American banks unable to deny lending money to oil and Continue Reading
Iran has threatened to block nuclear inspections next month, and further increased production of fuel that could be enriched for use in bombs. It has seized an American ally’s cargo Continue Reading
President Joe Biden on Wednesday signed a raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, Continue Reading
President Joe Biden signed a series of directives to combat climate change that he presented as a boost for U.S. employment, arguing that improvements in infrastructure and technology to curb Continue Reading
A week ago, President Joe Biden did what many in Alberta feared: he revoked the permit for the Keystone XL pipeline—on his first day as President, no less. The move Continue Reading
The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block Continue Reading
There’s probably no country in the world outside the United States that was more affected by the November election than Iran. President Biden’s victory and entry into the White House was Continue Reading
America’s main oil-export hub sees demand picking up from China this year even as a resurgence in the coronavirus clouds the outlook for consumption in the world’s biggest importer. Texas’s Port Continue Reading
German auto giant Volkswagen AG VOW -0.06% is asking the U.S. Supreme Court to overturn a ruling that it says opens up car makers to a flood of emissions regulations from local governments that could Continue Reading
Canadian crude oil exports transported by rail soared by 87 percent on the month in November as producers had little else to do given the now chronic shortage of pipeline Continue Reading
New York City Mayor Bill de Blasio and Comptroller Scott Stringer announced on Monday that two of the cities pension funds will divest completely from any securities “related to fossil Continue Reading
President Joe Biden is set to order fresh action to combat climate change — with plans for blocking new oil leasing on federal land, prioritizing science in government decision-making and Continue Reading
As President Biden prepares on Wednesday to open an ambitious effort to confront climate change , powerful and surprising forces are arrayed at his back. Automakers are coming to accept Continue Reading
President Biden on Wednesday plans to make tackling America’s persistent racial and economic disparities a central part of his plan to combat climate change, prioritizing environmental justice for the first Continue Reading
Ambitious climate goals and a renewed emphasis on environmental justice envisioned by the Biden administration will require a greater focus on overcoming obstacles to getting much needed transmission expansions and Continue Reading
The promise from INGAA and its member companies is the latest industry pivot as Democrats take over the White House and Congress. (Bloomberg) — Major natural gas pipeline operators are Continue Reading
President Joe Biden believes the Nord Stream 2 natural gas pipeline is a “bad deal for Europe” and his administration will be reviewing restrictions on the project included in a Continue Reading
Federal officials, showing how rapidly the Biden administration is overhauling climate policy after years of denial under former President Donald J. Trump, aim to free up as much as $10 Continue Reading
President Biden is poised to impose a moratorium on new federal oil and gas leasing Wednesday, according to three individuals briefed on the matter who spoke on the condition of anonymity because the Continue Reading
When you think of giant oil fields you probably conjure up an image of vast areas of land or sea suitable for digging. However, Los Angeles demonstrates that oil extraction Continue Reading
The Trans Mountain expansion project has just become the most important oil pipeline project in Canada after U.S. President Joe Biden stopped the U.S.-Canada cross-border link Keystone XL. The expansion Continue Reading
The U.S. national average gasoline prices are expected to rise to average $2.42 per gallon in 2021, from the lowest since 2016 of $2.17/gal in 2020, due to strengthening economy Continue Reading
US crude oil inventory draws likely resumed during the week ended Jan. 22 as refinery runs continued to normalize, an S&P Global Platts analysis showed Jan. 25. Not registered? Receive Continue Reading
Senate Majority Leader Chuck Schumer called for President Joe Biden to declare a climate emergency, a controversial move that would give the new administration sweeping authority to circumvent Congress to Continue Reading
President Biden on Wednesday will direct federal agencies to determine how expansive a ban on new oil and gas leasing on federal land should be, part of a suite of Continue Reading
The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a fuel shortage so great that Continue Reading
China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of Continue Reading
The expansion of Canada’s government-owned Trans Mountain pipeline assumes greater importance for the oil sector after the cancellation of rival Keystone XL reduced future options to carry crude, potential buyers Continue Reading
Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his Interior Department mandated that only top Continue Reading
Here is a look back at some of Rigzone’s most viewed downstream-related articles from the past week. The fate of TC Energy’s Keystone XL pipeline project figured prominently on Rigzone Continue Reading
The image from the Khamenei-linked account appears to depict Donald Trump playing golf below an aircraft Iran’s Supreme Leader Ali Khamenei has posted online an apparent call for an attack Continue Reading
Looking to reset the troubled U.S.-China relationship, Beijing is pressing for a meeting of its top diplomat with senior aides to President Biden to explore a summit between the two nations’ Continue Reading
The Premier of Alberta has called on the Canadian federal government to retaliate against the incoming U.S. administration after President Joe Biden said he would suspend the Keystone XL project. Continue Reading
US gasoline inventories saw a counter-seasonal decline in the week ended Jan. 15 amid a sharp uptick in demand, US Energy Information Administration data showed Jan. 22. Total gasoline inventories Continue Reading
CALGARY/NEW YORK (Reuters) – The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years Continue Reading
Canada’s energy minister said the country must “respect” Joe Biden’s decision to scrap the controversial Keystone XL pipeline and dismissed calls from provincial politicians to pursue punitive measures against the Continue Reading
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their total proved reserves Continue Reading
President Biden’s revocation of a permit for TC Energy Corp.’s Keystone XL pipeline is raising pressure on Canada’s energy industry to seek new markets for oil and gas, its top export. Mr. Biden revoked Continue Reading
President Joe Biden has put his team to work reviewing dozens of actions taken by former President Donald Trump, aiming to reverse orders that he says harm the environment or Continue Reading
President Biden’s decision to revoke a permit for Keystone XL likely spells the end of a saga spanning more than 12 years over the pipeline meant to carry Canadian crude Continue Reading
President Biden issued a blizzard of executive orders on his first day in office, including a diktat to revoke the permit for the Keystone XL pipeline. This is a slap Continue Reading
