Middle East

International

Brouillette Hopeful Saudi, Russia to End Oil Row this Week

Prices drop after a proposed meeting is delayed, but the energy secretary expects a 10% to 15% drop in production after a meeting later this week.

April 6, 2020

Markets , Trade , International

From OGI Editor-in-Chief: Emergency Response to “OPEC-aggedon”

When the three-year Saudi Arabia-Russia production-cut marriage known as OPEC+ ended acrimoniously on March 6, the oil and gas world as we know it ended. For now.

April 6, 2020

Crude Oil , Trade , Legislation

Oil Analysts Skeptical about Saudi-Russian ‘Deal’

Trump said April 2 he had brokered a deal between Russia and Saudia Arabia, but made no offer to reduce U.S. output, and benchmark Brent oil futures surged 21% in a record one-day rise. Here are analysts’ views on the deal.

April 3, 2020

Crude Oil , Trade , International

Texas Regulator Aims to Wrangle Oil Cuts from Saudis, Russia

A Texas oil and gas regulator on April 2 said he talked with Russian Energy Minister Alexander Novak about the possibility of both Russian and Texan producers' trimming production.

April 2, 2020

Crude Oil , Trade , International

Saudi Arabia, Russia Signal Readiness to Cooperate on Oil

Stabilizing the oil markets is expected to be a challenge because demand has collapsed.

April 2, 2020

Crude Oil , Trade , International

US, Russia Agree to Oil Market Talks

Trump calls the price war between Russia and Saudi Arabia ‘crazy.’

March 31, 2020

Crude Oil , International

Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy

McCaul applauds efforts to convince Saudis and Russians to cut production.

March 26, 2020

International

US to Appoint Coates as Special Energy Envoy to Saudi Arabia

Former White House energy adviser will add to DOE’s presence in the region.

March 24, 2020

Crude Oil , Trade , International

US-Saudi Alliance One of ‘Many Ideas’ Being Discussed

"I don't know that that's going to be presented in any formal way ... as part of the public policy process," Energy Secretary Dan Brouillette told Bloomberg.

March 24, 2020

Investment , Midstream

BlackRock Drops Out of Race for ADNOC’s Gas Pipeline Assets

BlackRock has dropped out of the race to become an investor in Abu Dhabi National Oil Co.'s (ADNOC) natural gas pipeline assets, two sources familiar with the matter said.

March 23, 2020