Politics

Source: CNBC

Oil nations tipped for political instability if the world moves away from fossil fuels

CNBC


LONDON — Algeria, Chad, Iraq and Nigeria will be among the first countries to experience political instability as oil producers feel the effects of a transition to low carbon energy production, according to a new report from risk consultancy …

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 …

Source: Reuters

Biden, Trudeau aim to move past Keystone pipeline disagreement in first bilateral meeting

Reuters


WASHINGTON/OTTAWA – U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will try on Tuesday to move past an early disagreement after Biden blocked the Canadian-backed Keystone XL pipeline and look to reset relations after the rocky years …

February 23, 2021 - 10:30 am Closing Bell Story‎, Energy News, Politics, Regulatory
Source: CNBC

Yellen says U.S. could return to full employment next year if Congress passes $1.9 trillion stimulus

CNBC


The U.S. could return to full employment in 2022 if President Joe Biden’s $1.9 trillion coronavirus rescue package is passed, Treasury Secretary Janet Yellen said on Sunday.

“There’s absolutely no reason why we should suffer through a long …

February 8, 2021 - 1:00 pm Closing Bell Story‎, Economy, Finance, Politics, Uncategorized
Source: Reuters

Republican bill seeks to block Biden’s federal lands oil leasing halt

Reuters


Republican senators from oil-producing states introduced legislation on Thursday that would block the Biden administration’s order pausing new oil and gas leasing on federal lands.

The bill, introduced by Senator Bill Cassidy of Louisiana and 24 other senators, would …

January 29, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Politics
Source: Reuters

Enbridge files in Federal Court to block Michigan’s illegal actions against Line 5

Enbridge files in Federal Court to block Michigan’s illegal actions against Line 5 …

November 25, 2020 - 6:03 am Pipeline News, Politics, Press Releases, Regulatory
Source: Reuters

U.S. Treasury Department gives Chevron new license to wind down Venezuela activities by June 3

Reuters


WASHINGTON – The U.S. Treasury Department on Tuesday issued a new license to Chevron Corp, the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC …

Alaska Travel to North Slope - photo Credit Stu Turley

Trump Rushes Environmental Regulations That Could Handcuff Biden

BloombergQuint

(Bloomberg) — The Trump administration is rushing to issue permits, finalize major environmental regulations and even sell the rights to drill for oil in Alaskan wilderness before Inauguration Day in a push that could complicate Joe Biden’s climate and …

November 16, 2020 - 5:09 am Politics, Regulatory
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, …

Source: CNBC

Big Oil execs say they’re not worried about Biden’s energy plan, hope to ‘get his staff on board’

CNBC


LONDON — The prospect of a Joe Biden presidency and the most progressive climate strategy the U.S. has ever attempted is not something that should concern the energy industry, oil and gas executives have told CNBC.

Instead, they hope …

Source: Reuters

Oil climbs as U.S. stockpiles shrink, but election uncertainty overshadows market

CNBC


LONDON – Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus and a renewed economic slowdown.

Between mid-September and mid-October, Brent’s six-month calendar spread had been tightening, a …

Source: Reuters

Republicans retain tight grip over Texas oil and gas regulator

Reuters


HOUSTON – A Texas Republican businessman swept to victory in the Texas Railroad Commission over a Democratic energy lawyer who had sought to put climate change on the state energy regulator’s agenda.

Jim Wright’s win keeps the Republican Party’s …

November 4, 2020 - 9:00 am Closing Bell Story‎, Crude Oil News, Energy News, Politics
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
Source: Reuters

Putin leaves door open for Opec+ cuts extension

Argus

Moscow, 23 October (Argus) — Russian president Vladimir Putin says that Opec+ could maintain or even deepen its existing crude production cuts next year, the first time Russia has acknowledged such a possibility. But he said he sees no …

October 23, 2020 - 1:39 pm International, OPEC, Politics
Source: Reuters

Sudan to join UAE, Bahrain in recognizing Israel – Another step in stabilizing oil prices through peace.

Fox News

Oil & Gas Publishers Note: This is one of the peace deals in the Middle East we have been looking for this week. This is just another step in stabilizing oil prices through peace.

President Trump announced Friday …

October 23, 2020 - 12:00 pm International, Oil and Gas 360 Publisher Note:, Politics
Trump, Biden clash over climate, oil industry in final debate

Trump, Biden clash over climate, oil industry in final debate

Reuters

Oil & Gas Publishers Note: Almost broke my crayon fact checking the debate, but have to admire the moderator for trying to be fair. 

Republican President Donald Trump and Democratic challenger Joe Biden clashed over the country’s response to …

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
Why the World Worries About Russia’s Natural Gas Pipeline -follow the money

Why the World Worries About Russia’s Natural Gas Pipeline -follow the money

Dutch Royal Shell


Oil & Gas 360 Publishers Note: Energy independence is a national security issue for the United States, and every other country in the world. Russia turned off the gas pipelines in the past to prove a political

October 8, 2020 - 5:34 am International, Natural Gas News, Pipeline News, Politics
Image Credit: Cengiz Tokgoz

EU sanctions Belarus, puts Turkey on notice

argus

Oil & Gas 360 Publishers Note: Based upon Turkey’s actions this was a step that inevitable. Although it will be difficult to see how successful sanctions can be against individuals, rather than countries. Enforcement also seems to be a

Photo by: Weld County Sheriff's Office

Colorado oil and gas commission approves 2,000-foot setbacks for drilling and fracking

The Colorado Oil & Gas Conservation Commission on Monday approved a “preliminary final vote” establishing new 2,000-foot setback rules for drilling and fracking operations statewide.

“Preliminary,” however, is mostly a formality — Commission Chairman Jeff Robbins confirmed the setback rule …

September 29, 2020 - 1:25 pm Politics
Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing – follow the money for the true story

Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing – follow the money for the true story

inside climate news


Oil & Gas Publishers Note: This is an excellent article by Nicholas Kunetz, and worth your time to read. He covers an excellent discussion of the carbon capture as a bi-partisan supported climate change discussion in the

Source: Reuters

California passes law requiring zero emission cars by 2035

S/P Platts

______

Washington — California, the top US gasoline-consuming state, aims to end new sales of gasoline-powered cars and passenger trucks by 2035, according to an executive order announced Sept. 23 by Governor Gavin Newsom.

The order directs the …

September 23, 2020 - 12:50 pm Politics
World’s Top Ship Insurers Won’t Cover Ships Linked to Nord Stream 2 Pipeline

World’s Top Ship Insurers Won’t Cover Ships Linked to Nord Stream 2 Pipeline

MarineLink


The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

Associations belonging to the International Group of P&I Clubs, …

September 23, 2020 - 7:00 am International, Natural Gas News, Pipeline News, Politics