Monday, December 23, 2024

Energy Policies News

Commodities Weigh Trump Win, Tariff Threats

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Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be…

What are the differences between Trump and Harris' energy policies?

Both Donald Trump, a Republican, and Kamala Harrias are Democrats. They both want to increase production while keeping prices low for consumers. The main difference…

Saudi Aramco CEO calls on a reset in energy policies for developing countries

The head of Saudi Aramco, who called for a reset to policies in developing countries, said that progress in Asia's energy transition is slower, less equitable, and more complex than many had expected.

Mexico's new president appoints an energy expert to lead Pemex

On Monday, Mexico's new president nominated Victor Rodriguez as the next executive director of the heavily indebted oil company Pemex. This was one of the last nominations…

The policy uncertainty highlighted by the rise in US executives' election talk

U.S. executives are more concerned about the presidential election this year than they were four years ago. A wider policy divide between Donald Trump and Kamalah Harris raises concerns over taxes…

EU Unveils $220B Escape Route from Russian Fossil Fuels by 2027

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The European Commission on Wednesday unveiled a 210 billion euro [about $220 billion] plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use…

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

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The U.S. Interior Department on Friday sought to erase the Trump administration's pro-fossil fuels legacy from the nation's public lands by revoking a suite of policies…

New JV to Explore Floating Wind Farm Development in South Africa

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Swedish floating windfarm developer Hexicon has teamed up with South African wind developer Genesis Eco-Energy Developments to explore the development of offshore wind in the country.For this purpose…

Fluxys Sign LNG Contract with Qatar

Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal.Under the agreement…

How to Determine Which Countries Have the Best Energy Policies

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Which countries have the best energy policies? This is an interesting, and rather obvious, question, considering that every country’s energy practices impact the world in one way or another.

US Oil and Gas Industry Confidence Surges

Senior oil and gas professionals in the United States are among the world’s most confident about the outlook for the sector in 2019, as companies prepare for significant…

Oil Refining Capacity to Grow at Record Pace

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Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel…

Upset by Trump's Iran Waivers, Saudis Push for Deep Oil Output Cut

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When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh swiftly told Washington…

Calm in Oil Markets Could be Short-lived -IEA

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Oil markets have entered a brief period of calm but a storm might be looming later this year when new U.S.

IEA: "mission accomplished" for OPEC as Oil Stocks Shrink

IEA says stocks could reach five-year average by May; OPEC still planning to extend supply cuts into 2019. OPEC and its allies appear to have accomplished their mission…

Oil on Track for Biggest Weekly Gain Since July

OPEC and IEA see oil markets tightening; China March crude oil imports second-highest on record. Oil prices slipped slightly on Friday but were still heading for their…

Oil Falls as U.S. Shale Growth Gathers Pace

IEA sees U.S. gaining market share from OPEC, predicts robust oil demand in next 5 years. Oil prices edged lower towards $64 per barrel on Monday on predictions of a major spike in U.S.

Solar PV Grew Faster Than Any Other Fuel in 2016

New solar PV capacity grew by 50% last year, with China accounting for almost half of the global expansion, according to the International Energy Agency's latest renewables market analysis and forecast.

Oil Rises on IEA Optimism

IEA raises 2017 global oil demand growth; says investors sees tighter market, higher oil prices. Oil prices rose on Wednesday after the International Energy Agency (IEA)…

Saudis Favor New York for Aramco Listing

New York float would demand more disclosure than London; NYSE would give Aramco access to larger pool of capital. Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco…