International

International , Infrastructure , Emissions , Construction , Pipelines

Biden, Trudeau Aim to Move Past KXL Disagreement

In Biden’s first bilateral meeting with a foreign leader, the issues of climate change and China are expected to be the main topics.

February 23, 2021

Obituaries , International

Former Saudi Oil Minister Yamani, Face of 1973 Oil Embargo, Dies

Known for his elegant manner and trademark goatee, Sheikh Zaki Yamani’s 24-year tenure running the oil affairs of the world’s biggest producer made him a global celebrity during the inflationary “oil shocks” of the 1970s.

February 23, 2021

Crude Oil , Trade , International

Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports

Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.

February 22, 2021

International , Infrastructure , Construction , Pipelines

US Report on Nord Stream 2 will Reveal Companies Supporting Project

Sanctions are possible but may take time and depend on White House negotiations with allies and Capitol Hill.

February 19, 2021

Crude Oil , Trade , International

Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports

Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise won’t kick in until April. 

February 17, 2021

Trade , International , Pipelines

US Senators Prod Biden on Nord Stream Pipeline Sanctions

Russian state gas company Gazprom is racing to finish the $11 billion Nord Stream 2 project to bring natural gas to Europe via Germany ahead of the implementation of further U.S. sanctions.

February 17, 2021

Crude Oil , Trade , International

Brent, WTI Crude Oil Prices on Track for Weekly Gains

WTI crude oil in the U.S. was on track for a weekly gain of about 5% while Brent was set for a 5.7% rise on the week due to hopes a U.S. stimulus will boost the economy and fuel demand.

February 12, 2021

International

US Sells Illicit Iranian Fuel; Another Seized Cargo on the Way

More than 1 million barrels of gasoline seized in 2020 sold.

February 11, 2021

Markets , Exports , International , Pipelines

Canada Plans Hydropower Push as Biden Looks to Clean up US Grid

Ottawa shifts to clean energy export effort following cancellation of the KXL pipeline.

February 10, 2021

Exploration & Production , Markets , Trade , International , Renewables

Report: India Seen as Main Source of Energy Demand Growth in Next Two Decades

India’s growing energy needs will make it more reliant on fossil fuel imports as its domestic oil and gas production has been stagnant for years despite government policies, the IEA said in its India Energy Outlook 2021.

February 9, 2021