November 17, 2016

From Dallas News: U.S. officials are canceling 15 oil and gas leases in an area bordering Glacier National Park that’s considered sacred to the Blackfoot tribes of the U.S. and Canada, Interior Secretary Sally Jewell said Wednesday. The cancellation was aimed at preserving the 130,000-acre Badger-Two Medicine area, the site of the creation story for members of Montana’s Blackfeet Nation

From BNN: Canada may need to “rethink” its carbon policy to stay competitive in wake of the United States’ election of Donald Trump, according to a top Canadian oil-and-gas executive. “I think if we put on new taxes on our production — carbon taxes — it will make Canada more uncompetitive,” Jeffery Tonken, CEO of Birchcliff Energy, said in an interview with

From Bloomberg: Russia’s decision earlier this year to engage in talks with OPEC about limiting oil output has added more than 400 billion rubles ($6 billion) to the nation’s budget, according to two officials familiar with government calculations. The possibility that Russia could cooperate with the Organization of Petroleum Exporting Countries to shrink the global oil surplus helped lift international