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.
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.
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.
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.
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.
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.
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.
International
US Sells Illicit Iranian Fuel; Another Seized Cargo on the Way
More than 1 million barrels of gasoline seized in 2020 sold.
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.
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.