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Gulf War Rattles Petrodollar Foundations: Mike Dolan

Reuters Whatever the outcome of the Iran war, one question is already inescapable for the Gulf’s energy-rich economies: is the U.S. security umbrella still worth the price? Since the U.S. and Israel launched strikes on Iran on February 28, it’s been its Gulf neighbours who have suffered most from missiles and drones that followed – …

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Gulf War Rattles Petrodollar Foundations: Mike Dolan

Reuters Whatever the outcome of the Iran war, one question is already inescapable for the Gulf’s energy-rich economies: is the U.S. security umbrella still worth the price? Since the U.S. and Israel launched strikes on Iran on February 28, it’s been its Gulf neighbours who have suffered most from missiles and drones that followed – …

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Venezuela Opposition Leader Maria Corina Machado Pushes for Energy Investment Security, Transparency

Venezuela opposition leader Maria Corina Machado told Reuters on Tuesday that early interest in Venezuela’s oil sector is positive but she called for more transparency and contract security, including a new oil law, to further increase crude and gas output in the South American country. In January, Venezuela’s National Assembly approved a sweeping reform of …

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Venezuela Opposition Leader Maria Corina Machado Pushes for Energy Investment Security, Transparency

Venezuela opposition leader Maria Corina Machado told Reuters on Tuesday that early interest in Venezuela’s oil sector is positive but she called for more transparency and contract security, including a new oil law, to further increase crude and gas output in the South American country. In January, Venezuela’s National Assembly approved a sweeping reform of …

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CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say

Oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy conference in Houston, troubling news for consumers slammed by the energy crisis during the U.S.-Israeli war on Iran. Shale producers helped make the …

CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say Read More »

CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say

Oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy conference in Houston, troubling news for consumers slammed by the energy crisis during the U.S.-Israeli war on Iran. Shale producers helped make the …

CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say Read More »

Global Energy Crisis Deepens – Efforts to Plug Supply Gap Fall Short, Industry Executives Warn

The global energy crisis is deepening as emergency measures by governments worldwide have fallen short of plugging the huge shortfall in oil and gas supply caused by the U.S.-Israeli war on Iran, executives and oil ministers said on Tuesday. Costs for energy, fertilizers and petrochemicals are soaring as the world is losing as much as …

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Global Energy Crisis Deepens – Efforts to Plug Supply Gap Fall Short, Industry Executives Warn

The global energy crisis is deepening as emergency measures by governments worldwide have fallen short of plugging the huge shortfall in oil and gas supply caused by the U.S.-Israeli war on Iran, executives and oil ministers said on Tuesday. Costs for energy, fertilizers and petrochemicals are soaring as the world is losing as much as …

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Oil Falls as Reports of 15-Point Proposal Spurs Ceasefire Hopes

Summary Trump cites progress with Iran, US proposes plan to end war Iran tells UN ‘non-hostile’ ships can transit Strait of Hormuz Saudi hikes Yanbu exports to work around Hormuz halt, data shows Russia halts Baltic oil exports after Ukrainian drone attacks (Reuters) – Oil prices sank about 5% on Wednesday after reports the United …

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US Says it is Working With Canada on Permitting for Proposed Partial Keystone XL Revival

(Reuters) – The Trump administration is working with Canada on permits required for a proposed revival of part of the Keystone XL oil pipeline, a White House official said on Tuesday. The pipeline, proposed by Canadian pipeline company South Bow and its U.S. partner Bridger Pipeline, could increase Canada’s crude exports to the U.S. by …

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