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Investment
Survey: Oil And Gas Sector Keeps Faith In Low-carbon Energy
Some 71% of senior oil and gas professionals and executives surveyed by DNV GL expect to increase or maintain investment in renewable energy, decarbonizing oil and gas production and new low-carbon technologies.
Crude Oil
Oil Prices Rise As Libya Declares Force Majeure On Oil Fields
Two major oil fields in southwest Libya began shutting down on Jan. 19 after forces loyal to Khalifa Haftar closed a pipeline, potentially cutting national output to a fraction of its normal level.
Exploration & Production
US Grants Chevron Another Three Months For Venezuela Operations
The U.S. Treasury Department on Jan. 18 granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22.
Investment
Opinion: Why Extinction Rebellion Is Wrong About BlackRock
Would you rather global societal breakdown occurred by climate change or mass energy poverty? Or none of the above?
Exploration & Production
California Sues Trump Administration Over Drilling Plan
The lawsuit alleges the U.S. Bureau of Land Management failed to adequately consider the adverse effects oil and gas drilling would have on the people and environment in eight Central California counties.
Liquefied Natural Gas (LNG)
Chinese Demand For US LNG Unlikely To Surge
As long as tariffs on gas remain, traders will be reluctant to commit to deals.
Exploration & Production
Crestone Peak Enters Air Quality Monitoring Partnership For Colorado Well Sites
Crestone Peak Resources revealed on Jan. 16 an innovative partnership for a large-scale test of real-time continuous air quality monitoring at its oil and natural gas production sites in Colorado.
Liquefied Natural Gas (LNG)
Opinion: What Happens If China Does Buy $52 Billion Of US Crude, Coal, LNG?
The terms of the trade deal imply an absolutely massive increase in Chinese imports of U.S. energy, and if this actually comes to pass, it will have serious disruptive effects across global markets.
Crude Oil
IEA: Oil Stocks, Non-OPEC Output To Buffer Market From Shocks
The risk has receded for now, the agency said.
Liquefied Natural Gas (LNG)
US Energy Exports To Climb As China Pledges Ramp-Up In Purchases
Quantities were not specified in the accord and analysts were unclear how quota sales will work.