Saturday, September 27, 2025

Trump’s Pipeline Push Is ‘Very Bullish’ for MLPs; Shares Rise

From Barron’s: Shares in energy infrastructure master limited partnerships (MLPs) continued to rise Wednesday, the day after President Donald Trump signed executive orders meant to clear a path for U.S. government approval of both the Keystone XL Pipeline and the Dakota Access Pipeline. Both pipeline projects are bitterly opposed by environmentalists and Native American tribes. But Trump has made developing U.S. energy projects a priority.

As crude prices rise, China’s oil majors set to lift capex for first time in years

From Reuters: China’s oil majors are expected to pump up spending in 2017 for the first time in years, scrambling to squeeze more barrels of crude out of ageing domestic wells in the hope that higher prices are here to stay. State-run explorer CNOOC Ltd set the tone this month. After an international output cut agreed late last year lifted

Lebanon relaunches first oil and gas licensing round

From Reuters: Lebanon relaunched its first oil and gas exploration and production licensing round after a three-year delay, its energy minister said on Thursday, kick-starting the development of a hydrocarbon industry stalled by national political paralysis. Lebanon has opened five offshore blocks (1,4,8,9 and 10) for bidding in a first licensing round, Minister of Energy and Water Cesar Abou Khalil