The Latest

Business

US Lawmakers Complain to Trump over Mexican Energy Policy

The letter argued that reports showed Mexican President Andres Manuel Lopez Obrador is providing preferential regulatory treatment for state oil firm Pemex and delaying or canceling permits for U.S. energy companies.

October 23, 2020

Business

Trump-Biden Clash over Climate Change Adds to Cloud over Oil Stocks

Trump pounced on Biden's comment during the final debate that he "would transition from the oil industry," asking voters in states where the oil industry is important to note his stance.

October 23, 2020

Crude Oil

Russia’s Putin: Rollover on Oil Output Curbs by OPEC+ Possible

The comments made by Russian President Vladimir Putin are the clearest signal yet from Russia, a global leader in oil production, that it is ready to continue with unprecedented output cuts in the face of a sluggish oil market.

October 22, 2020

Exports

For Oil and Gas, Next 4 Years Are All about Regulations—More Or Less

When it comes to the oil and gas rules and the costs, Trump and Biden take opposite stances, say experts at the North American Gas Forum.

October 22, 2020

Exploration & Production

Turkey Extends Exploration in Disputed Mediterranean Waters to Oct. 27

Two other vessels along with Oruc Reis will continue work in an area southeast of the Greek island of Rhodes until Oct. 27, Turkey’s Navy said in a maritime notice.

October 22, 2020

Liquefied Natural Gas (LNG)

Report: France Asks Engie to Delay US LNG Deal

Government has expressed concerns over emission levels at U.S. plants.

October 22, 2020

Business

Less Than Zero: A CSI on WTI

Nymex paper-trading of WTI crude futures normally represents the spot price. On April 20, the paper was worth less than zero.

October 22, 2020

Emissions

Less Carbon, More EVs: Automakers Prepare for Potential Biden Win

Both Biden and Trump are seeking votes from autoworker in Michigan and Ohio, but their policies differ.

October 21, 2020

International

Kremlin: US Nord Stream 2 Sanctions ‘Unfriendly and Destructive’

Pompeo set to submit a report to Congress.

October 21, 2020

Exploration & Production

Iraq Flags Oil Project Delays, Sees Recovery Next Year

The Iraqi oil minister said he expects Iraq will raise its oil production capacity to 7 million bbl/d in the next five to six years, from around 5 million bbl/d now.

October 21, 2020