Post Tagged with: "U.S."

Source: Reuters

Oil prices fall as alarm over Iran rocket strike fades

Reuters


LONDON – Brent oil futures fell on Wednesday from a four-month peak hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq appeared to have no impact on oil infrastructure or crude flows.…

January 8, 2020 - 9:00 am
U.S. Offshore Wind Project Dealt Two Blows: Edgartown Commission Rejects Cables, Feds Delay EIS

U.S. Offshore Wind Project Dealt Two Blows: Edgartown Commission Rejects Cables, Feds Delay EIS

The Edgartown conservation commission, in a 5-1 vote, has denied a permit for cables that would pass through the Muskeget Channel.

Vineyard Wind proposed to bury two 400 megawatt export cables one mile off Chappaquiddick from its proposed wind farm …

July 12, 2019 - 5:07 am
What Energy Security Looks Like: 90% of Natural Gas Used in U.S. Is Produced Domestically

What Energy Security Looks Like: 90% of Natural Gas Used in U.S. Is Produced Domestically

By Tyler Losier, Energy Reporter, Oil & Gas 360


The United States has been a net exporter of natural gas since 2017

In the United States, natural gas is one of the most prevalent sources of energy, and according to

July 10, 2019 - 4:46 pm
U.S. Proposes Tariffs on Another $4 Billion of EU Goods

U.S. Proposes Tariffs on Another $4 Billion of EU Goods

Boeing-Airbus subsidy dispute heats up

From the AJOT

The U.S. added new products from the European Union to potentially target with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing Co. and Airbus SE.

The U.S. Trade Representative’s office …

July 2, 2019 - 5:25 am
Source: Islamic Republic News Agency

Saudi Aramco Says It Can Keep Oil Flowing If Hormuz Disrupted

From The Houston Chronicle


Saudi Arabian Oil Co. has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the chief executive officer of the state-run producer.

“We are …

June 25, 2019 - 6:30 am
Crude Leaps as OPEC+ Eyes Meeting Date, Europe Talks Stimulus

Crude Leaps as OPEC+ Eyes Meeting Date, Europe Talks Stimulus

From Bloomberg


Oil cartel proposes early July gathering as stalemate eases, WTI extends gains further after API sees declining stockpiles

Oil surged to its biggest gain in five months as OPEC and its allies moved closer to a meeting to …

June 18, 2019 - 6:30 am
Trade Deal Could Propel U.S. to Top of China’s LNG Supplier List

Trade Deal Could Propel U.S. to Top of China’s LNG Supplier List

Morgan Stanley sees the two countries reaching a pact in 2019

LNG may cut U.S.-China trade deficit by $17 billion: bank

Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put …

June 13, 2019 - 5:40 am
U.S. Warns Hong Kong to Avoid Tanker in Breach of Iran Sanctions | Hong Kong Rejects Warning

U.S. Warns Hong Kong to Avoid Tanker in Breach of Iran Sanctions | Hong Kong Rejects Warning

From Bloomberg


Pacific Bravo en route Hong Kong, senior U.S. official says accepting the ship would expose city to sanctions

The U.S. warned Hong Kong that it could face penalties if it does business with an oil tanker headed for …

May 29, 2019 - 6:35 am
Oil Trims Loss as Key U.S. Midwest Pipeline Seen Nearing Restart

Oil Trims Loss as Key U.S. Midwest Pipeline Seen Nearing Restart

From Bloomberg


Ozark pipeline out of Cushing storage hub was shut last week, futures still down on talk of China rare-earths restrictions

Oil pared losses after hitting the lowest level since March as a pipeline that drains crude from the …

May 29, 2019 - 6:30 am
U.S. Proposes Tariffs on Nations with Undervalued Currencies

U.S. Proposes Tariffs on Nations with Undervalued Currencies

From AJOT/Bloomberg

The Trump administration is proposing tariffs on goods from countries found to have undervalued currencies, in a move that would further escalate its assault on global trading rules.

The proposal, laid out in a Federal Register notice released …

May 28, 2019 - 5:18 pm
American President’s Japanese Carrier Visit: Both Ironic and Symbolic

American President’s Japanese Carrier Visit: Both Ironic and Symbolic

Upbeat state visit overweight on optics, but visit to potent warship signals upgraded trajectory for Japan-US alliance

From Asia Times

US President Donald Trump’s state visit to the Land of the Rising Sun started on Saturday.

With Japanese Prime Minister …

May 28, 2019 - 6:16 am
EU Plans Sharp Hike in U.S. Energy Imports as Trade Lever

EU Plans Sharp Hike in U.S. Energy Imports as Trade Lever

From Reuters

The European Union will seek to double imports of liquefied natural gas (LNG) from the United States by 2023, as part of its efforts to ease transatlantic trade tensions and reduce its reliance on Russian gas.

U.S. Energy …

May 2, 2019 - 5:17 pm
Iranian Parliament Officially Labels U.S. Forces a Terrorist Group

Iranian Parliament Officially Labels U.S. Forces a Terrorist Group

Iranian parliament officially labels U.S. CENTCOM a terrorist group

April 23, 2019 - 9:59 am
Keystone XL: Canada’s NEB has Approved Site Work on North Portion Near Hardisty

Keystone XL: Canada’s NEB has Approved Site Work on North Portion Near Hardisty

Canadian energy regulator the National Energy Board (NEB) has approved TransCanada's Keystone Pipeline GP Ltd.’s request to begin winter clearing work on the North Spread of its Keystone XL Project.

“Further pipeline construction would be subject to NEB approval of

January 21, 2019 - 5:57 pm
Air Liquide to Build First World-Scale Liquid Hydrogen Plant for Transport Fuel Production in U.S.

Air Liquide to Build First World-Scale Liquid Hydrogen Plant for Transport Fuel Production in U.S.

Air Liquide to Build First World Scale Liquid Hydrogen Production Plant Dedicated to the Supply of Hydrogen Energy Markets

November 26, 2018 - 6:24 am
Tokyo Gas Won’t Increase Its U.S. LNG Purchase Volumes

Tokyo Gas Won’t Increase Its U.S. LNG Purchase Volumes

Looking to diversify procurement conditions with non-U.S. suppliers

TOKYO, Oct 11 (Reuters) – Tokyo Gas Co. is not considering raising U.S. liquefied natural gas (LNG) purchase volumes as it seeks to diversify procurement portfolio, its President Takashi Uchida told reporters …

October 12, 2018 - 6:17 am
Source: Kremlin.ru

Putin Suggests Russia and U.S. Could Work Together to Regulate Oil Prices

Consumers suffer from price swings – Putin

From CNBC

  • Russian President Vladimir Putin suggested Moscow and Washington cooperate to tamp down volatility in oil markets.
  • S. President Donald Trump said the United States will “compete successfully” against Russia in Europe’s
July 17, 2018 - 10:25 am
Crude Markets Watching Geopolitical Tension and Inventory Reports: China

Crude Markets Watching Geopolitical Tension and Inventory Reports: China

China-U.S. trade tension could disrupt economic growth, causing oil demand destruction

U.S. shale ramp-up unlikely due to constraints from limited pipeline capacity

From Xinhua News

HOUSTON, July 8 (Xinhua) — In the week ending July 6, global oil markets closely …

July 10, 2018 - 6:46 am
Iran’s President Rouhani is Sticking With Nuclear Deal

Iran’s President Rouhani is Sticking With Nuclear Deal

Iranian President Hassan Rouhani said Tuesday his country is committed to the 2015 nuclear deal, even though it’s been abandoned by the United States.

In Switzerland campaigning to save the deal, Rouhani made clear Tehran will stick to the …

July 3, 2018 - 1:30 pm
U.S. Energy Chief Perry to Meet with Russian Oil Minister Novak Next Week

U.S. Energy Chief Perry to Meet with Russian Oil Minister Novak Next Week

From The Wall Street Journal

Energy Secretary Rick Perry will host Russia’s energy minister for a meeting in Washington next week, according to people familiar with the planning, putting the top energy officials from the world’s largest oil and gas …

June 22, 2018 - 1:50 pm
China Leaves U.S. LNG Off Import Tariff Retaliation Hit List—For Now

China Leaves U.S. LNG Off Import Tariff Retaliation Hit List—For Now

From Financial Times

Chinese LNG demand is soaring — so much so that Beijing spared the product from tariff rises

When China last week set out a list of US exports threatened with retaliatory tariffs, almost all fossil fuels were …

June 21, 2018 - 6:52 pm
Present Day Middle Eastern Game of Thrones – Part Two

Present Day Middle Eastern Game of Thrones – Part Two

[EDITOR’S NOTE: this is the final installment of the OAG360 story in which Helen El Mallakh, director of the International Research Center for Energy and Economic Development (ICEED), discusses the changing political scene and the shifting geopolitical sands that are …

June 20, 2018 - 5:08 pm
Present Day Middle Eastern Game of Thrones – Part One

Present Day Middle Eastern Game of Thrones – Part One

“The Middle East shapes energy politics, energy crises, and it has a huge impact on geopolitics” – Helen El Mallakh

Ahead of the upcoming 174th OPEC meeting in Vienna, Austria, (scheduled for Friday, June 22, and immediately followed by …

June 19, 2018 - 5:26 pm
OPEC and U.S. Shale Producers to Deepen Ties in Vienna

OPEC and U.S. Shale Producers to Deepen Ties in Vienna

From Reuters

Only a few years ago, shale CEOs and the Organization of the Petroleum Exporting Countries were in open conflict.

Now, they realize they’re in the same boat and need to row in tandem to keep global crude supply …

June 14, 2018 - 3:04 pm
United States, Saudi Arabia and Russia Find Agreement on Oil Policy

United States, Saudi Arabia and Russia Find Agreement on Oil Policy

From the New York Times

HOUSTON — It is unusual for the United States, Saudi Arabia and Russia to see eye-to-eye, much less try to achieve common energy policy goals, even indirectly.

But that is what seems to be happening, …

June 14, 2018 - 8:15 am
Oil Prices Recover After a Million-Barrel Comment Spooked Oil Markets Friday

Oil Prices Recover After a Million-Barrel Comment Spooked Oil Markets Friday

OPEC and Russia looking hard at ending cuts, but maybe not till after end of the year

Reacting to comments from the Saudi oil minister, crude oil prices fell more than $5 per barrel between Friday and Tuesday. Brent crude …

May 30, 2018 - 8:54 am
First 2-Million-Barrel Supertanker Arrives at Enterprise Products Partners Terminal

First 2-Million-Barrel Supertanker Arrives at Enterprise Products Partners Terminal

From Bloomberg

Crude oil shipment would be biggest ever from the port

Offshore terminal LOOP recently began exporting cargoes

A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil output …

April 30, 2018 - 1:28 pm
LNG is the New Shale Oil with the U.S. as Disruptor-in-Chief

LNG is the New Shale Oil with the U.S. as Disruptor-in-Chief

Reuters Column

LAUNCESTON, Australia – Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market by becoming a swing producer and challenging traditional trade flows, especially …

March 21, 2018 - 1:43 pm
Liquefied Natural Gas Plant, Australia

U.S. Crude Oil, NatGas Exports Both Hit New Highs

U.S. crude oil exports grew to an average of 1.1 MMBOPD in 2017, the EIA said, which is the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level …

March 20, 2018 - 5:44 pm
Saudi Arabia Searching for U.S. Shale-Oil Deal: Sources

Saudi Arabia Searching for U.S. Shale-Oil Deal: Sources

From Dow Jones/Fox Business

Saudi Arabia is hunting for an energy deal in American shale country.

Saudi Arabian Oil Co., known as Aramco, has had initial conversations about either taking a stake in Tellurian Inc., a Houston-based liquefied-natural-gas developer, or …

December 21, 2017 - 9:52 am