Saturday, July 20, 2019

Energy Policies News

US Oil and Gas Industry Confidence Surges

Frank Ketelaars, Regional Manager, the Americas, DNV GL - Oil & Gas. Photo: DNV GL

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

File Image: Adobestock / © Mikesjc

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

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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

File Image (CREDIT: AdobeStock / © scanrail)

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

File Image (CREDIT: AdobeStock / (c) Shamtor)

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

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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

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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…

'Bring On More Renewables,' US Regulator Says

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Wind and solar power does not make the U.S. electricity grid less stable, an outgoing federal regulator said on Tuesday, as the Trump administration readies a study…

IEA Welcomes Hungary's Efforts in Energy Sector

Hungary took a major step in the right direction with its National Energy Strategy to 2030, which was published in 2011. The country must now make greater use of market…

IEA Urges Poland to Clean Up its Energy Sector

Poland's new energy strategy should put the country on a pathway towards a cleaner energy system while strengthening energy security, the International Energy Agency…

Trump Energy Policy Unlikely to Have Big Impact on CO2 Fight

Changes to U.S. energy policies under new President Donald Trump are unlikely to have a big impact on global action to curb a rise in greenhouse gas emissions, oil major…

French Energy Transition Key to Security - IEA

France- Energy System Overview Courtesy IEA

In its latest country review of energy policies, the International Energy Agency (IEA) praised France for setting in motion significant reforms towards more secure,…

Atlantic Council holds Global Energy Summit

HE Barkindo and OPEC Ministers at the Forum Photo OPEC

OPEC Secretary General, HE Mohammad Sanusi Barkindo, this week attended a new flagship initiative - the Global Energy Forum in Abu Dhabi - organized by the Atlantic Council…

Oil Industry Workers Split Between Trump and Clinton

U.S. oil and gas industry workers have contributed only slightly more money to the campaign of Democrat Hillary Clinton than to Republican Donald Trump since the two…

Trump's Energy Policies Not Yet Defined: Kemp

Donald Trump's victory in the U.S. presidential election will trigger a race among journalists, analysts and traders to explain what it means for energy policy and markets.

Commodities' Outlook: Will Trump Reality Match Rhetoric?

Beyond the short-term volatility as investors become used to the idea of President Donald Trump, the main risk for global commodities is how much of the campaign rhetoric…

IEA welcomes Italy's Plan to Revisit Energy Strategy

Italy is sending strong signals about its long-term energy goals (Photo Jebulon, Wikimedia Commons) Courtesy IEA

In its latest country review of energy policies, the International Energy Agency praised Italy's comprehensive long-term energy strategy and the acceleration of its…