Post Tagged with: "Trump"

Source: Reuters

EPA to rescind methane regulations for oil and gas

Fox Business


The Environmental Protection Agency is preparing to adopt new rules that would rescind regulations for methane-gas emissions, including ending requirements that oil-and-gas producers have systems and procedures to detect methane leaks in their systems, senior administration officials …

Source: Fox Business

Trump to visit oil-rich Permian Basin to visit rig, talk energy

Fox Business


President Trump is expected to visit the Permian Basin in West Texas Wednesday and make a stop at the Double Eagle Energy in Midland, the White House announced.

During his visit, the president will tour an oil

Source: Reuters

Oil up after Trump assurance on China trade deal

Reuters


LONDON  – Oil prices rose on Tuesday in a volatile session after U.S. President Donald Trump soothed jangled nerves over the status of the U.S.-China trade deal.

Markets were unsettled by surprise comments from White House trade adviser Peter …

Source: Reuters

Trump to sign order giving agencies emergency powers to fast-track energy projects:-updated

Reuters


WASHINGTON – President Donald Trump on Thursday is expected to sign an executive order that would let federal agencies use emergency powers to fast track major energy infrastructure projects by overriding environmental permitting requirements, two sources familiar with the …

Source: Reuters

Trump administration putting trust in global oil producers ahead of OPEC+ meet

Reuters


WASHINGTON – The Trump administration believes ahead of an expected OPEC+ meeting this week that major oil producers such as Saudi Arabia and Russia will honor their pledges to cut crude production and will not damage the global economy …

Source: Reuters

Trump administration shelves more oil and gas lease sales

Reuters


The Trump administration has backed off its regular oil and gas lease sale schedule, postponing at least two auctions that had been set for later this month after delaying a major sale in New Mexico in May, according to …

Source: Reuters

Oil falls as U.S.-China tension escalates

Reuters


LONDON  – Oil fell on Monday on worries about renewed tensions between the United States and China, although reports that OPEC and Russia were closer to a deal on extending oil output cuts lent some support to prices.

Benchmark …

Source: Reuters

Special Report: Trump told Saudis: Cut oil supply or lose U.S. military support – sources

Reuters


WASHINGTON/LONDON/DUBAI – As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.

In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman …

Trump calls for cash injection for ailing U.S. drilling industry

Trump calls for cash injection for ailing U.S. drilling industry

Reuters


WASHINGTON – U.S. President Donald Trump said on Tuesday he has asked his government to come up with a way to inject cash into the ailing U.S. drilling industry to help it survive a historic collapse in global crude …

Source: CNBC

OPEC and allies’ oil production cut is Trump’s ‘biggest and most complex’ deal ever: Dan Yergin

CNBC


As the Organization of the Petroleum Exporting Countries and its allies came to an agreement on a record cut in oil production, U.S. President Donald Trump may have struck his “biggest and most complex deal,” according to oil expert …

Source: Reuters

Oil prices rise on hopes OPEC+ will agree supply cuts

Reuters


LONDON- Oil prices rose on Thursday on expectations the world’s leading crude producers will at a meeting later in the day overcome obstacles that have so far prevented a deal to cut output in response to a collapse in …

Is it “Too Little, Too Late” in the Oil Patch for President Trump?

Is it “Too Little, Too Late” in the Oil Patch for President Trump?

Oil and Gas 360


The employment impact of President Trumps inaction on immediately placing punitive tariffs on Russian, Saudi and OPEC oil imports has already hit the US oil and gas industry. Granted, these “Price War” employment impacts are a …

Is it “Too Little, Too Late” in the Oil Patch for President Trump?

Is it “Too Little, Too Late” in the Oil Patch for President Trump?

Oil and Gas 360

The employment impact of President Trumps inaction on immediately placing punitive tariffs on Russian, Saudi and OPEC oil imports has already hit the US oil and gas industry. Granted, these “Price War” employment impacts are a

Source: Reuters

Trump to host Big Oil execs at White House to discuss market slump

Reuters


WASHINGTON  – U.S. President Donald Trump will meet with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war.…

April 3, 2020 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, Jobs
Source: CNBC

Trump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

CNBC


President Donald Trump expects Russian President Vladimir Putin and Crown Prince of Saudi Arabia Mohammed Bin Salman to announce a deal on a production cut, the president said to CNBC.

The president is expecting a cut of 10 million …

Source: Reuters

Trump to speak with Putin, criticizes Russian-Saudi oil price war as ‘crazy’

Reuters


WASHINGTON – President Donald Trump said on Monday he planned to speak with Russian President Vladimir Putin and said Saudi Arabia and Russia “both went crazy” in their oil-price war, a battle begun just as the spread of the …

Source: Reuters

Oil jumps after three-day slump but virus and oversupply still weigh

Reuters


Oil prices bounced nearly 7% on Thursday after a three-day selloff drove them to their lowest in almost two decades as demand plummeted due to the coronavirus and supplies surged in a fight for market share between Russia and …

March 19, 2020 - 9:00 am Commodity Pricing, Crude Oil News, Economy, Energy News
Source: Reuters

Trump blames oil fight, ‘Fake News’ for stock market drop

Reuters


WASHINGTON – U.S. President Donald Trump blamed a fight for oil market share between Saudi Arabia and Russia, as well as unspecified “Fake News,” for a precipitous drop in U.S. stock prices on Monday, amid sliding demand for crude …

March 9, 2020 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC, People
Trump ready to end Chevron’s sanctions waiver in Venezuela

Trump ready to end Chevron’s sanctions waiver in Venezuela

Houston Chronicle


The Trump administration is ready to unleash the full impact of sanctions on Chevron Corp.’s operations in Venezuela as the U.S. seeks to further squeeze the Maduro regime.

While no decision has been made, it’s increasingly unlikely that …

February 28, 2020 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, People
Source: Houston Chronicle

Trump cuts environmental review for infrastructure, pipelines

Houston Chronicle


WASHINGTON — Environmental reviews for new pipelines, highways and other infrastructure projects would be reduced under a proposal released by the Trump administration Thursday, including the end of a requirement that federal regulators consider the implications for climate …

January 10, 2020 - 2:30 pm Closing Bell Story‎, Energy News, Regulatory
Source: Houston Chronicle

Despite Trump’s claim, U.S. still needs Middle East oil

Houston Chronicle


President Donald Trump said during an address from the White House Wednesday that the U.S. no longer needs oil from the Middle East, but American refineries still use the kind of oil that region produces.

Thanks to booming …

January 9, 2020 - 1:30 pm Crude Oil News, Energy News, International, People
Source: Reuters

Oil tops $70 as Iran, Trump trade threats

Reuters


LONDON – Oil prices rose over 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike

Brent crude futures LCOc1 …

Trump administration begins formal US withdrawal from Paris climate agreement

Trump administration begins formal US withdrawal from Paris climate agreement

Los Angeles Times


The Trump administration gave official notice Monday that it will pull the United States out of the Paris climate accord, a long anticipated move and a significant step in America’s retreat as an environmental leader.

Trump administration begins formal U.S. withdrawal from Paris climate agreement - oil and gas 360

Despite the …

November 5, 2019 - 8:00 am Closing Bell Story‎, Energy News, People, Politics & Opinions
‘Unleash American energy’: Trump

‘Unleash American energy’: Trump

Trump touts administration’s moves in Pittsburgh

‘Unleash American energy’: Trump - oil and gas 360

Speaking to a mixed crowd of natural gas industry representatives and rank-and-file western Pennsylvania supporters on Wednesday, President Donald Trump said he is bringing an end to “the war on American energy.”

He made …

Photo: Leslie Mazoch, Associated Press

U.S. mulls extending Chevron’s Venezuela waiver with more limits

Houston Chronicle:


The Trump administration is considering an extension of Chevron Corp.’s waiver to operate in Venezuela, albeit with even greater limitations, according to people familiar with the matter.

The 90-day sanctions reprieve would allow Chevron to continue its …

REUTERS/Charles Mostoller

Trump’s fast-tracking of oil pipelines hits legal roadblocks

Source: Reuters


The Trump administration’s effort to cut red tape and speed up major energy projects has backfired in the case of the three biggest U.S. pipelines now planned or under construction.

All three have been stalled by successful legal …

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

From Reuters


Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.

Brent crude LCOc1 settled …

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

From CNBC


Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on …

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

From Reuters


China Petroleum & Chemical Corp, or Sinopec, is seeking a tariff exemption for U.S. oil being imported in coming months, sources familiar with the matter said, after Beijing late last week imposed retaliatory tariffs on U.S. goods, including …

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

From Reuters


Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal.…