(Oil & Gas 360) – Energy policy was cited as a significant reason for the growing gap in global competitiveness between the European Union (EU) and its rivals China and the United States in a 400-page report to the EU released earlier this month. The report was submitted by Mario Draghi, who was prominent in the EU for nearly
(Oil & Gas 360) – Energy policy is likely to be among the topics debated on Tuesday, September 10, between Kamala Harris and Donald Trump in their competition to become the next President of the United States. A few topics clearly show a divergence between the two candidates. While the Harris for President campaign site does not offer specific
Real Clear Politics Kamala Harris and her new running mate, Tim Walz, will impoverish America. That’s the best way to understand one of their most important – yet least-known – policy pipe dreams. As vice president, Harris has backed so-called “net zero,” which means offsetting every iota of manmade greenhouse gases. Walz, as governor, has pushed one of the most aggressive net-zero
Oil and Gas 360 The United Arab Emirates (UAE) has attracted some big industry investors in its bid to challenge the U.S., Australia, and Qatar as the world’s leading LNG exporters. Shell and fellow European energy titans TotalEnergies and BP each take 10% of Abu Dhabi’s Ruwais project; Mitsui of Japan takes another 10%. The remaining 60% will be
Oil and Gas 360 “Knowledge workers” anticipating a cheap energy/low emissions post-industrial work-from-home economy are having to confront the need for more industrial production of natural resources and infrastructure as the energy needs for the data centers making their work possible via the internet, cloud and now Artificial Intelligence (AI) are growing exponentially. Data centers are increasingly recognized as another
Oil and Gas 360 Finding another way to avoid the waste and lost revenue from stranded gas in a pipeline-constrained portion of the Permian Basin could have global applications, according to two business partners in Texas interviewed in the June-July Oil and Gas Journal. Boosted by a $20 million investment by Midland-based partner and producer Diamondback Energy, Houston-based Verde Clean
World Oil (WO) — Leading national energy associations have expressed strong backing for the Energy Permitting Reform Act of 2024, introduced by Senate Energy & Natural Resources Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY). This bipartisan bill aims to enhance American energy security by expediting the permitting process for key energy and mineral projects. Representatives from the
Oil and Gas 360 IEA’s OUTLOOK: America To Remain Number One The International Energy Administration’s (IEA) July Oil Market Report projects U.S. producers to extend their lead in global oil and gas production through next year. If their projection holds, 2025 would mark the seventh consecutive year of American dominance despite a sluggish year-over-year demand of 710 thousand barrels of
Oil and Gas 360 (Wall Street Journal)-The three-year bear market for rare earth minerals shows little sign of abating as market-dominant China continues to meet rising state-run production quotas despite falling prices. The intentional glutting is a long-used strategy to quell competition and investment in rivals. Feeling the brunt is one of the world’s biggest rare earth miners
U.S. News WASHINGTON – The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects. Senators Joe Manchin, an independent who caucuses with Democrats, and John Barrasso, a Republican, said their bill would strengthen the power grid and help keep power prices low. WHY
Oil Price Donald Trump has pledged to ramp up U.S. domestic oil production and undo some regulations to make that happen, the Republican presidential candidate told Bloomberg Businessweek in an exclusive interview published on Wednesday. The interview with the former U.S. president took place at Mar-a-Lago in late June, two days before the first presidential debate and two weeks prior to the
Oil Price Environmental campaigners have slammed Donald Trump’s pick for running mate, Ohio Republican Senator J.D. Vance, saying that he is a climate change denier and a “Big Oil sell-out” who will strongly support continued fossil fuel production. Trump announced on Monday that he had picked Vance, 39, once a critic of the former president but now a staunch supporter, to
