November 2016 Page 9 of 40 - The American Energy News

CAFE standards not enough for US energy independence, Trump’s plan works

Higher fuel mileage just leads to more miles driven, Trump plan better strategy for US energy independence How should America achieve energy independence? Donald Trump says ban OPEC imports and boost shale oil production. Energy policy scholar Jason Bordoff disagrees, but his counter-agreement is not very convincing. North American Energy News published Prof. Bordoff’s column […]

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Workers battle to cap burning oil wells in Iraq, risk flames and mines

News

ISIS left burning oil wells after US-backed Iraqi forces drove them out in August By John Davison QAYYARA, Iraq, Nov 24 (Reuters) – His face blackened and helmet coated in soot, Hussein Saleh watched the oil fields of his home town in northern Iraq burn, belching up thick smoke that blotted out the sun. Dozens

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Iraq oil minister reshuffles senior officials

News

Iraq oil minister looking to boost oil production BAGHDAD, Nov 24 (Reuters) – Iraq Oil Minister Jabar Ali al-Luaibi is reshuffling senior officials in a bid to revitalise a ministry that wants to improve the OPEC nation’s ability to boost oil production, an Iraqi oil official said. Deputy minister of upstream operations, Fayadh al-Nema, will become deputy minister

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Enbridge pipelines decision to be announced next week

Canada

Enbridge pipelines would ease oil sands bottlenecks By David Ljunggren OTTAWA, Nov 24 (Reuters) – The Canadian government will announce its decision on two major Enbridge Inc pipeline projects on Tuesday, two sources familiar with the matter said on Thursday. Energy industry officials and environmental groups expect Ottawa to veto the proposed Northern Gateway line

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Mexico to net US$2.9 billion from oil hedge

News

Oil hedge gains help offset decline in Mexico’s oil revenues By Helen Bartholomew LONDON, Nov 24 (IFR) – Mexico is set to book a US$2.9 billion gain on its 2016 oil hedge programme, marking the second year in a row that the country has netted a multi-billion dollar payout from the options-based commodity hedges, according to recent

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Oil prices steady ahead of OPEC meeting to discuss output cuts

News

Oil prices up slightly in thin trading on US Thanksgiving By Nia Williams Nov 24 (Reuters) – Oil prices were little changed on Thursday ahead of next week’s meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss implementation of its proposed cap on production. Brent crude futures settled up 5 cents at

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FANTASY OPEC: the oil ministers’ game of skill and diplomacy for all the family

News

May the most skillful fantasy minister win! By John Kemp, Reuters energy analyst FANTASY OPEC ™ is a game of skill and diplomacy for 14 players, though it can be expanded to as many as 20 players if required with the addition of non-OPEC countries. The game begins with each player rolling five ordinary dice

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Opinion: To build energy independence, Trump needs to embrace Obama’s fuel economy rules

Uncategorized

Energy independence not accomplished merely by more drilling By Jason Bordoff Nov 23 (Reuters) – Since the Arab Oil Embargo four decades ago, every president has promised to wean the United States off the need for foreign oil. President-elect Trump is no different, promising in his speeches and transition plans to achieve “energy independence.” His

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OPEC talks struggle with question of market share: Kemp

News

Question is whether Saudi Arabia, Iran and Iraq can reach deal despite disagreeing about the regional power structure By John Kemp LONDON (Reuters) – OPEC officials are struggling to reach a final agreement on how to share out production cuts implied by the preliminary output accord agreed by ministers in Sept. In theory, all OPEC

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As Dakota Access pipeline saga drags, rancor builds on both sides

News

Dakota Access protesters and police clash By Terray Sylvester CANNON BALL, N.D., Nov 23 (Reuters) – The September decision by the Obama administration to delay final approval for the Dakota Access Pipeline was intended to give federal officials more time to consult with Native American tribes that have faced dispossession from lands for decades. But the

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