International

International , Infrastructure , Pipelines

Canadian Lawmakers Call for Action from US, Canadian Leaders in Enbridge Pipeline Dispute

Michigan Gov. Whitmer has ordered Enbridge to shut Line 5 over leakage concerns.

April 16, 2021

Legislation , International

Mexico’s Lower House Approves Contentious Oil Legislation

The initiative is part of President Andres Manuel Lopez Obrador’s efforts to strengthen state influence over the energy market at the expense of private capital.

April 15, 2021

Crude Oil , Trade , International

Oil Prices Hit One-month High as IEA, OPEC Raise Forecasts

Supply discipline and rebounding economies are set to give oil a chance to break out of the recent range, Goldman Sachs analysts said in a report.

April 15, 2021

Crude Oil , Trade , International

OPEC Raises Oil Demand Growth Forecast on Hope Pandemic Wanes

The upward revision marks a change of tone from previous months, in which OPEC has lowered oil demand forecasts because of continued lockdowns.

April 13, 2021

International

Lebanon PM Approves Expansion of Area Claimed in Maritime Dispute with Israel

The amendment would add about 1,400 square km to the exclusive economic zone claimed by Lebanon in its original submission to the United Nations.

April 12, 2021

Business , Exploration & Production , International

Total Says Abandoning Myanmar Gas Field Would Hurt Workers, Cities

Total was concerned staff there could be exposed to forced labor under the junta if it did decide to stop production in protest at violence in Myanmar, CEO Patrick Pouyanne said, and the group also did not want to cut off a major source of energy.

April 5, 2021

Investment , Exploration & Production , International

US Voices Concerns to Mexico about ‘Deteriorating Climate’ for Energy Investors

USTR said that throughout last year U.S. energy companies in Mexico have complained of permitting delays, discriminatory enforcement of regulations, and lack of notice regarding regulatory and policy changes.

April 5, 2021

Crude Oil , Trade , International

OPEC+ to Gradually Ease Oil Output Cuts from May

A few days before the April 1 meeting, OPEC+ delegates had said the group would likely keep most existing oil output cuts in place. But in the 24 hours before the meeting started, sources said discussions had shifted to a possible output increase.

April 1, 2021

Crude Oil , Trade , International

US Energy Secretary Jennifer Granholm Calls Saudi Energy Minister Ahead of OPEC Meeting

The call by U.S. Energy Secretary Jennifer Granholm was the first call to Saudi Arabia from a U.S. official ahead of an OPEC meeting since U.S. President Joe Biden took office.

April 1, 2021

Crude Oil , Trade , International

OPEC+ Lowers Oil Demand Growth Forecast Ahead of Meeting

The Joint Technical Committee of OPEC+, which advises the group of oil-producing nations that includes Saudi Arabia and Russia, met on March 30 ahead of a ministerial meeting on April 1 to decide output policy.

March 31, 2021