Post Tagged with: "Biden"

Source: Fox Business

US, German deal on Russia’s Nord Stream 2 pipeline will ‘really undermine’ national security: Pompeo

Fox Business


Former Secretary of State Mike Pompeo slammed the Biden administration on Wednesday for the agreement with Germany, which would allow for the completion of the controversial Russian Nord Stream 2 natural gas pipeline, arguing that it would …

Source: Reuters

Biden, Merkel fail to resolve differences about Nord Stream 2 gas pipeline

Reuters


WASHINGTON – President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia’s Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as …

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: Fox Business

U.S. bans imports of solar panel material from Chinese company

Fox Business


The Biden administration on Wednesday ordered a ban on U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co. over, forced labor allegations, said two sources briefed on the matter.
The U.S. Commerce Department
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: BOE Report

Analysis: Biden may hinder oil and gas drilling even after court loss

BOE Report


Publisher’s Note: Kathleen Sgamma will be presenting at EnerCom’s The Oil & Gas Conference in August.

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental …

Source: Reuters

EXCLUSIVE Biden considers giving refiners relief from U.S. biofuel laws, sources say

Reuters


NEW YORK -President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with …

Source: Reuters

Biden administration backs Alaska oil drilling project approved under Trump

Reuters


U.S. President Joe Biden’s administration defended on Wednesday a proposed ConocoPhillips (COP.N) oil development in Alaska, backing the drilling project which was approved under the administration of former President Donald Trump.

“A Wednesday filing by the U.S. Department of …

Source: Fox Business

Biden looks abroad for electric vehicle metals, in blow to U.S. miners

Fox Business


U.S. President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists, …

Source: Reuters

Frustrated Canada presses White House to keep Great Lakes oil pipeline open

Reuters


OTTAWA/NEW YORK – Canada is pushing on several diplomatic fronts against the U.S. state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments’ efforts

Source: Reuters

White House touts EVs, but not backing gasoline-powered phase-out date

Reuters


WASHINGTON  – The Biden administration wants to spend $174 billion to boost electric vehicles and charging stations but its 2030 climate emissions reduction pledge released on Thursday does not include a firm date to phase out gasoline-powered vehicles.

“These

Source: Reuters

U.S., other countries deepen climate goals at Earth Day summit

Reuters


WASHINGTON – The United States and two other countries hiked their targets for slashing greenhouse gas emissions at a global climate summit hosted by President Joe Biden, an event meant to resurrect U.S. leadership in the fight against global …

Source: Reuters

Banking on the Biden boom: Siemens Energy pins hopes on U.S.

Reuters


FRANKFURT – German engineering group Siemens Energy wants its slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market.

“We …

Source: Reuters

Biden admin aims for U.S. leadership in offshore wind: official

Reuters


The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe, a senior official said on Wednesday.

President Joe Biden’s cabinet earlier this week unveiled …

Source Reuters

Biden targets big offshore wind energy expansion to fight climate change

Reuters


The administration of U.S. President Joe Biden said on Monday that it has set a goal to vastly expand the nation’s offshore wind energy capacity in the coming decade by opening new areas to development, speeding environmental permitting, and …

Source: Reuters

U.S. pledges to slash solar energy costs by 60% in a decade

Reuters


The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the United States’ power sector by 2035.

The U.S. Department …

Source: Reuters

U.S. oil activity jumps as executives remain wary of OPEC, Biden – survey

Reuters


Activity and spending in U.S. oil fields is soaring this year as the industry recovers from 2020 pandemic-driven oil price crash, according to optimistic-but-wary energy company executives polled by the Federal Reserve Bank of Dallas in a survey released …

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: Reuters

Biden’s new climate orders to include pause on federal oil and gas leasing – sources

Reuters


The Biden administration is expected to announce a temporary suspension of new oil and gas leasing on U.S. federal lands and waters on Wednesday, and to order that nearly a third of federally run acreage is conserved over the …

Source: Reuters

Column: Can Biden transform the U.S. energy system?

Reuters


LONDON – U.S. presidential transitions have all the elements of a great news story: people, drama, timeliness, conflict and consequences. But energy systems are mostly shaped by slower moving, impersonal, structural forces.

President Joe Biden’s first executive actions after …

Source: Reuters

Mexico defends state-led energy policy as investors look to Biden

Reuters


MEXICO CITY – Mexico’s president on Thursday forcefully defended his drive to strengthen the state’s role in the energy sector, seeking to temper investor hopes that he might give ground if the new U.S. government under President Joe Biden …

January 21, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Mexico
Source: Reuters

The U.S. remains important in the oil market, even if Biden is less vocal than Trump: UAE energy minister

CNBC


The U.S. will always play an important role in global energy markets, even though President-elect Joe Biden is likely to be less vocal than President Donald Trump about oil, the UAE’s energy minister told CNBC ahead of Inauguration Day.…

Source: Reuters

Biden to revoke KXL pipeline permit in blow to Canada’s oil sector

Reuters


CALGARY, Alberta – U.S. President-elect Joe Biden on Wednesday will revoke the permit needed to build the Keystone XL oil pipeline after being sworn into office, aides said, dashing Ottawa’s hopes of salvaging a project that the struggling Canadian …

Source: Reuters

Investors storm into alternative energy funds ahead of Biden presidency

Reuters


Investors are rushing to invest in alternative energy funds this year on hopes of more green reforms, with President-elect Joe Biden set to take office next week.

According to Lipper data, alternative energy funds that primarily invest in solar, …

Source: Reuters

Russia to U.S. President-elect: don’t upset the oil market

Reuters


MOSCOW – Russia hopes the incoming administration of U.S. President-elect Joe Biden will not derail producer nations’ action to boost oil markets, Russia’s Deputy Prime Minister Alexander Novak said on Monday.

Russia, other leading oil producers and the Organization …

December 21, 2020 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Biden’s expected Energy Department pick, Granholm, could lead charge on electric cars

Biden’s expected Energy Department pick, Granholm, could lead charge on electric cars

Reuters


WASHINGTON/DETROIT – When Jennifer Granholm was governor of auto-manufacturing Michigan, she led a charge that secured a whopping $1.35 billion in federal funding for companies to make electric cars and batteries in her state.

Biden's expected Energy Department pick, Granholm, could lead charge on electric cars- oil and gas 360

As President-elect Joe Biden’s expected …

December 17, 2020 - 1:00 pm Closing Bell Story‎, Energy News, People
Source: Reuters

Who will spearhead Biden’s climate, energy and agriculture policies?

Reuters


WASHINGTON  – President-elect Joe Biden has vowed an overhaul of U.S. energy and environment policy to fight climate change, with a goal of bringing the economy to net-zero emissions by 2050.

While the plan has yet to be clearly …

Source: Reuters

Commentary – China’s control of rare earth minerals another challenge for President-elect Biden

Capital Gazette


Publisher’s Note:

Arcadia Minerals, Inc. (AMI), owner of two advanced stage critical minerals deposits in Wyoming, has engaged EnerCom Inc. to assist in identifying potential joint-venture partners or buyers for its properties.

Critical and rare earth minerals are

December 8, 2020 - 3:30 pm China, Closing Bell Story‎, Discoveries & Formations
Source: Reuters

Biden plan to end U.S. fossil fuel subsidies faces big challenges

Reuters


WASHINGTON – President-elect Joe Biden’s promise to end U.S. fossil fuel subsidies worth billions of dollars a year for drillers and miners could be hard to keep due to resistance from lawmakers in a narrowly divided Congress, including from …

December 1, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News