Political News

Source: Reuters

Blinken appeals to senators to move nominees stalled over Nord Stream 2 pipeline

Reuters


WASHINGTON – U.S. Secretary of State Antony Blinken appealed to the Senate on Tuesday to quickly confirm President Joe Biden’s nominees for national security-related positions, citing the ever-present risk of attacks.

“It is essential that we accelerate the process …

Source: World Oil

Prospects dim for Iran’s oil revival with Biden’s nuclear deal slipping away

World Oil


(Bloomberg) –The Biden administration faces the sobering reality that returning to the Iran nuclear deal may no longer be feasible, as the Islamic Republic finds ways to cope with U.S. sanctions and races toward the capacity to build …

Source: Reuters

Biden to sign order to promote competition in U.S. economy

Yahoo News


President Joe Biden is set to sign an executive order on Friday aimed at promoting competition across the U.S. economy — including measures that target big tech companies, aim to lower prices for consumers and call for greater …

Source: Reuters

White House says Saudi deputy defense minister meeting U.S. officials

Reuters


WASHINGTON – Saudi Arabia’s deputy defense minister was in Washington on Tuesday meeting with senior U.S. officials including White House national security adviser Jake Sullivan, the White House said.

White House spokeswoman Jen Psaki said the death in 2018 …

Source: Reuters

Iran says U.S. to lift oil sanctions, Germany cautious on matter

Nasdaq


Iran said on Wednesday the United States had agreed to remove all sanctions on Iran’s oil and shipping, although Germany cautioned that major issues remained at talks between Tehran and world powers to revive a 2015 nuclear deal.

The …

Source: CNBC

Iran’s President-elect Raisi rules out meeting Biden as oil markets look to nuclear deal’s future

CNBC


DUBAI, United Arab Emirates — Iranian President-elect Ebrahim Raisi gave his first press conference since the country’s election, saying Monday his priorities would be to improve ties with regional neighbors and revive the 2015 nuclear deal — and at …

Source: Fox Business

Biden, top financial regulators to focus on climate change at White House meeting

Fox Business


President Biden is slated to meet with top financial regulators on Monday afternoon in the Oval Office, during which they are expected to discuss a spate of issues including the risks that climate change poses to the financial …

Source: CNBC

With Covid relief passed, Biden prepares to stake his presidency and Democratic majorities on infrastructure

CNBC


With President Joe Biden’s Covid-19 stimulus package just a signature away from becoming law, the White House now turns its attention to assembling and passing a once-in-a-generation infrastructure bill.

It’s not clear what the legislation will include. Yet the …

The head of the Peruvian Congress, Manuel Merino, waves after being sworn in as interim President in Lima on November 10, 2020 day after the Congress voted to impeach and oust President Martin Vizcarra over corruption allegations. - Merino, 59, was sworn in at a special session of Congress on Tuesday, becoming Peru's third president since 2016, reflecting the institutional fragility which has characterized the South American country. Under the constitution, he will take over the presidential functions until the end of the current term in July 2021. (Photo by Luka GONZALES / AFP) (Photo by LUKA GONZALES/AFP via Getty Images)

Peru’s interim president quits, successor unclear – What does civil unrest mean for the energy sector?

Argus

Lima, 15 November (Argus) — Peru’s interim president Manuel Merino resigned today just five days after assuming office, deepening the copper and LNG-exporting country’s constitutional crisis.

The 130-member unicameral congress will now pick a new president, the third in …

November 15, 2020 - 1:29 pm Crude Oil News, International, LNG, Political News
Source: Reuters

China acknowledges Biden election win in snub to Trump – What does this mean to Energy?

argus

Oil & Gas 360 Publishers Note: This is wild politics at it’s finest. Let’s see if Putin follows China and acknowledges today.

Singapore, 13 November (Argus) — China has finally congratulated Joe Biden on winning the US presidential elections, …

Does The 2020 US Election Mark A Turning Point for Energy Stocks?

Does The 2020 US Election Mark A Turning Point for Energy Stocks?

As the 2020 election appears to be moving towards a close, what is in store for energy stocks…

Source: CNBC

U.S.-China trade tensions won’t be going away under Biden’s administration

CNBC


BEIJING — U.S.-China trade tensions are set for more predictability after Joe Biden’s presidential win — which likely means calmer rhetoric in a continued tough stance on Beijing.

Following years of brewing U.S. complaints about unfair business practices …

November 9, 2020 - 3:30 pm China, Closing Bell Story‎, Economy, Political News
Source: Reuters

As Putin fails to congratulate Biden, experts predict what the result means for US-Russia relations

CNBC


As world leaders congratulate Democrat Joe Biden for his projected victory in the U.S. presidential election, Russia’s decision not to do so speaks volumes.

Analysts noted that while many European leaders congratulated Biden, expressing a desire to renew erstwhile …

November 9, 2020 - 2:30 pm Closing Bell Story‎, People, Political News
Venezuela oil flow sags, Iran offers more help – which means more production concerns for OPEC

Venezuela oil flow sags, Iran offers more help – which means more production concerns for OPEC

argus

Bogota, 6 November (Argus) — Venezuela’s crude production entered November on a downswing after the US banned non-US companies from crude-for-diesel swaps at the end of October.

Output was slipping below an October average of 350,000 b/d as Spain’s …

November 6, 2020 - 8:25 am Crude Oil News, International, Political News
Texas’ energy regulator may seat its first Democrat in 26 years – one race to watch

Texas’ energy regulator may seat its first Democrat in 26 years – one race to watch

Bloomberg

Oil & Gas 360 Publishers Note: Sergio Chapa and Kevin Crowley have an excellent review of the upcoming election.

Jim Wright, a Republican seeking a seat on a board that regulates the Texas energy industry, knows the agency intimately.…

November 1, 2020 - 6:30 am Energy News, Oil and Gas 360 Articles, Political News, Politics
Trump administration announces new sanctions on Iranian oil industry

Trump administration announces new sanctions on Iranian oil industry

Oct. 26 (UPI) — The Trump administration on Monday released a new round of sanctions a…

October 27, 2020 - 4:04 am International, Political News, Politics, Press Releases
China issues warning over Russia oil trade ‘fraud’

China issues warning over Russia oil trade ‘fraud’

Upstream

China has raised a red flag over a potential fraud risk in relation to oil trades involving Russian traders.

The Chinese embassy in Russia has warned Chinese traders to be on alert when importing oil from their Russian counterparts.…

October 20, 2020 - 12:20 pm Natural Gas News, Pipeline News, Political News, Politics
Credit: Erhan Klc/MarineTraffic.com

Turkey to Carry Out Seismic Survey in Eastern Mediterranean

MarineLink

Oil & Gas 360 Publishers Note: This is another reason why the other countries are excluding Turkey from the Mediterranean talks – saber rattling is not always the best policy.  

Turkey’s navy has issued an advisory late Sunday saying …

Oil falls further as Trump tests positive for COVID-19

Oil falls further as Trump tests positive for COVID-19

CNA

TOKYO: Oil prices extended losses to fall around 2 per cent on Friday (Oct 2) after US President Donald Trump tested positive for the coronavirus, while a US stimulus package eluded negotiators amid ongoing worries about demand.

Brent crude …

October 2, 2020 - 4:04 am Crude Oil News, Economy, Political News
Israel to hold US-mediated talks with Lebanon on sea border – a major breakthrough in the Mediterranean energy politics

Israel to hold US-mediated talks with Lebanon on sea border – a major breakthrough in the Mediterranean energy politics

AP


Oil & Gas 360 Publishers Note: This is great news that Lebanon and Israel are sitting down in talks mediated by the United States. We have been covering the wide spread conflict between countries in the Mediterranean over the