Political News

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