November 2016 Page 6 of 40 - The American Energy News

Renewable energy industries hope years courting Republicans pays off under Trump

US renewable energy companies employ 300,000 people By Nichola Groom LOS ANGELES, Nov 28 (Reuters) – U.S. wind and solar companies for the first time gave more money to Republicans than Democrats during the 2016 election cycle, according to federal campaign disclosures, part of a years-long effort to expand renewable energy’s appeal beyond liberal environmentalists. […]

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Canada pipeline opponents ready to take on Trans Mountain expansion, Ottawa

Canada

Trans Mountain expansion would triple pipeline’s capacity By Nia Williams VANCOUVER, Nov 28 (Reuters) – If Canada approves Kinder Morgan’s Trans Mountain pipeline expansion, the company’s four-year campaign for the project will be far from over. Next up is a battle against hardening opposition amongst some communities along its planned route. The C$6.8 billion ($5.04

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Silverback Exploration to sell oil and gas assets for $855 million

USA

Silverback Exploration Delaware Basin assets sold to Centennial Resource Development Nov 28 (Reuters) – Privately held Silverback Exploration LLC will sell oil and gas assets in the Delaware Basin, Texas, for $855 million to Centennial Resource Development Inc, which is backed by energy private equity fund Riverstone Holdings LLC. The assets have net production of about

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Saudi Aramco to almost triple chemicals output by 2030

News

Saudi Aramco chemical production up to 34 million metric tons by 2030 DUBAI, Nov 28 (Reuters) – State oil company Saudi Aramco aims to almost triple its chemicals production to 34 million metric tons per year by 2030, a senior company executive said on Monday. “In chemicals, our equity capacity, across our global operations, is

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Thousands protest Canadian pipeline expansion

Canada

Government has until Dec. 19 to decide on Canadian pipeline expansion Thousands of protesters march through Vancouver, Canada on November 19, 2016 to fight against a proposed C$6.8 billion ($5 billion USD) expansion of Kinder Morgan’s Trans Mountain pipeline. The project, fiercely opposed by many environmentalists and aboriginal groups, calls for the construction of a

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OPEC talks fall short of agreeing on Iran, Iraq oil output

News

OPEC talks continue on Wednesday VIENNA, Nov 28 (Reuters) – OPEC talks to discuss details of a preliminary deal to limit oil output have not resolved disagreements over the production levels of Iran and Iraq, an OPEC source said on Monday. Ministers from the Organization of the Petroleum Exporting Countries gather on Wednesday in Vienna. (Reporting by

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Norway and Russia to step up cooperation in hunt for Arctic oil

News

Arctic oil reserves in unexplored Barents sea areas crucial OSLO, Nov 28 (Reuters) – Russia and Norway have agreed a deal to acquire new seismic data from the neighbouring countries’ Barents Sea border region to boost the search for Arctic oil and gas, the Norwegian oil minister told Reuters on Monday. As developed parts of the

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Oil prices up in choppy trade as OPEC makes last-ditch bid to save deal

News

Oil prices up over 2 per cent Monday By Jessica Resnick-Ault NEW YORK, Nov 28 (Reuters) – Oil prices gained more than 2 per cent on Monday in volatile trading after falling as much as 2 per cent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output

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Experts make some progress on OPEC output deal – delegates

News

Iran, Iraq production levels sticking points in possible OPEC output deal VIENNA, Nov 28 (Reuters) – OPEC experts have made some progress in talks on finalising a preliminary OPEC output deal to cut oil supply but are yet to resolve differences over the production levels of Iran and Iraq, OPEC delegates said on Monday. The talks have

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Maersk, DONG Energy in talks over $10 billion oil merger

News

DONG Energy, Maersk talked in 2015 about merger, but failed to agree on price By Sophie Sassard and Ron Bousso LONDON, Nov 28 (Reuters) – Denmark’s A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas operations in a deal that would create a business worth more than $10 billion including

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