Report: Tighter Climate Policies Could Erase $2.3 Trillion In Stock Value
UN-backed investor group predicts quicker government action as climate impacts grow.
OPEC+ Likely To Extend Oil Supply Cuts Until June
Meeting on Dec. 5 coincides with the pricing of Aramco’s IPO.
ADIPEC: Long-term Policies Needed For Affordable Energy
A panel of energy ministers from Pakistan, Senegal and the UAE addressed access to sustainable and affordable energy supply at the ADIPEC ministerial session.
Senators Quiz DOE Nominee On Ukraine, Arctic, Infrastructure
Brouilette is seeking confirmation to replace Perry as energy secretary.
The Latest
Investment
Report: Tighter Climate Policies Could Erase $2.3 Trillion In Stock Value
UN-backed investor group predicts quicker government action as climate impacts grow.
Exploration & Production
Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.
Exploration & Production
Oil Companies Press Mexican President To Resume Suspended Auctions
Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell Plc, among other firms in Mexico’s Association of Hydrocarbon Companies (Amexhi), say they have met output targets and investment pledges worth hundreds of millions of dollars in the initial phases of their contracts.
Shelf
Marco Rubio Blocks Trump Interior Nominee Over Offshore Drilling
Florida Republican Senator Marco Rubio has placed a hold on the Senate confirmation of President Donald Trump's pick to become the deputy secretary of the Interior Department, Katharine MacGregor, over concerns about the agency's plans to expand offshore drilling, his office said on Dec. 4.
Exploration & Production
Oil Companies Swap Stakes In Mexico As Government Holds Off On Auctions
Companies selling stakes include large foreign producers that were awarded blocks in previous rounds.
Policy & Regulations
Cheniere Seeks U.S. OK To Process Return To Louisiana Sabine LNG Tank That Leaked
Cheniere, the biggest U.S. LNG exporter, said in a filing earlier this week that its proposed process would prioritize work on one tank, known as S-101, and allow that tank to return to service in the near term.
Policy & Regulations
US Blacklists Six Oil Tankers In New Venezuela-related Sanctions
The United States and more than 50 other countries have recognized Venezuelan opposition leader Juan Guaido as the legitimate president.
Legislation
US Senate Confirms Brouillette As Energy Secretary
The U.S. Senate on Dec. 2 confirmed Dan Brouillette, a former top lobbyist for Ford Motor Co who believes fossil fuels will power a large part of world energy needs for many decades, as President Donald Trump's second energy secretary.
Natural Gas
Gas Producer Energean Commits To Net Zero Carbon Output By 2050
London company, which is also an oil producer, plans operational efficiencies and a shift toward natural gas.
Liquefied Natural Gas (LNG)
Midstream Connections Solid, Future Waves Less So
Second-wave and modular LNG enter the picture, as do big plants in British Columbia.