International , Construction , Pipelines

Putin: Nord Stream 2 Pipeline Will Be Finished By Around Year-end

Nord Stream 2, which will carry Russian gas to Europe avoiding transit across Ukraine, requires some 160 km of pipes to be laid and was initially expected to be in operation in the first half of 2020.

January 14, 2020

Crude Oil , Trade , International

Iran Unlikely To Target Strait Of Hormuz Over Soleimani Killing

China, which is increasing its influence in the region and buys 50%-70% of Iranian oil exports, would be opposed to any interruption of energy flows through the Strait of Hormuz.

January 13, 2020

Business , Exploration & Production , International , Drilling

Three Years After $1 Billion Venezuela Deal, US Oilfield Firm Shuts Doors

Horizontal Well Drillers LLC, a closely held U.S. driller, has shut its doors, according to three people familiar with the matter.

January 13, 2020

Crude Oil , Trade , International , Shale Plays

Opinion: Why America Has Less To Fear From An Oil Shock

The homegrown energy boom in the U.S. has reduced its vulnerability.

January 10, 2020

Crude Oil , Trade , International

IEA’s Birol Says Weak Global Demand Growth To Cap Oil Prices In 2020

The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on oil prices, the head of the IEA told Reuters on Jan. 10.

January 10, 2020

Exploration & Production , International , Lease Sales

Mexico’s President Doubles Down On Nationalist Line: No Oil Auctions

While President Andres Manuel Lopez Obrador has said he would not seek to constitutionally reverse reforms, he has canceled competitive oil and power auctions since he took office.

January 8, 2020

Crude Oil , International

UAE Sees No Immediate Risk To Oil Flow

Don’t exaggerate the Iran-US situation, says energy minister.

January 8, 2020

Investment , International , Health, Safety & Environment

New York, London Mayors Urge Cities To Divest From Fossil Fuels

The city divestment push was "part of a general trend" toward shifting money from fossil fuels and that trend "is making fossil fuel companies sit up and take notice."

January 8, 2020

Petrochemicals , Natural Gas , Crude Oil , Trade , International

Column: US Energy Consumption Hit By Economic Slowdown

Most traders are anticipating a cyclical acceleration in oil and energy consumption this year as the manufacturing and freight sectors put last year’s slowdown behind them.

January 7, 2020

Crude Oil , Trade , International , Midstream

Insight: Oil Supply Threatened By Military Escalation Risk In Mideast

What was originally a proxy war between Washington and Tehran has dangerously become a direct confrontation that is raising concerns about Middle East oil flows.

January 6, 2020