Strategic Petroleum Reserve sale to fund operational improvements HOUSTON, Jan 9 (Reuters) – The U.S. Department of Energy on Monday issued a Notice of Sale for crude from its Strategic Petroleum Reserve, with bids for 8 million barrels of light, sweet oil due by Jan. 17. The sale is part of a resolution to sell […]
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Three former researchers from Koch brother funded think tanks on EPA transition team By Valerie Volcovici and Timothy Gardner WASHINGTON, Jan 23 (Reuters) – U.S. President Donald Trump’s administration has drawn heavily from the energy industry lobby and pro-drilling think tanks to build its landing team for the Environmental Protection Agency, according to a list
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Halliburton warned of weaknesses in markets outside North America Jan 23 (Reuters) – Halliburton Co, the world’s No. 2 oilfield services provider, reported its first quarterly operating profit in North America in a year as oil producers put more rigs back to work in North American shale fields. The company, however, warned of weakness in
Halliburton posts first operating profit in North America in a year Read More »
Rex Tillerson expected to be confirmed in Senate WASHINGTON, Jan 23 (Reuters) – The U.S. Senate Foreign Relations Committee narrowly approved President Donald Trump’s choice for secretary of state, former Exxon Mobil chairman Rex Tillerson, on Monday. The vote was 11-10, with every committee Republican backing Tillerson and every Democrat opposing his nomination. Tillerson is expected to
US Senate Committee backs Rex Tillerson as Trump’s secretary of state Read More »
California Public Utilities Commission directed California utilities to spur vehicle electrification Jan 23 (Reuters) – The three biggest California utilities plan to spend $1 billion to speed the electrification of vehicles, from transit buses to forklifts, in a statewide effort to reduce reliance on fossil fuels, regulatory filings show. Utilities Southern California Edison, Pacific Gas
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Peabody reorganization in jeopardy over disputed lease By Tracy Rucinski NEW YORK, Jan 23 (Reuters) – Peabody Energy Corp’s plan to emerge from Chapter 11 bankruptcy faces a “material risk” that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world’s largest coal mine, according to
Peabody reorganization at risk from Wyoming litigation Read More »
Saskatchewan pipeline spill on Ocean Man First Nation By Ethan Lou and Alastair Sharp CALGARY, Alberta/TORONTO, Jan 23 (Reuters) – A pipeline in the western Canadian province of Saskatchewan has leaked 200,000 liters (52,834 gallons) of oil in an aboriginal community, the provincial government said on Monday. The government was notified late in the afternoon
Jared Kushner hits logistical problems CALGARY, Alberta, Jan 23 (Reuters) – Jared Kushner, a senior aide to U.S. President Donald Trump has scrapped plans to visit Canada for talks with officials in Prime Minister Justin Trudeau’s team, a Canadian government source said on Monday. The source said the planned visit by Trump’s son-in-law had hit logistical
Trump aide Kushner scraps plan for Canada visit -Canada official Read More »
Canada “well-positioned” for any US trade discussions By David Ljunggren CALGARY, Alberta, Jan 23 (Reuters) – Canada is not the main target of U.S. President Donald Trump’s push to renegotiate the NAFTA trade accord and is unlikely to be hit hard by any changes to the deal, the head of a business advisory council to Trump
Canada is not the main target in US trade focus -Trump adviser Read More »
AltaGas processing plant to cost between $100 million -$110 million Jan 23 (Reuters) – Energy infrastructure company AltaGas Ltd said it would jointly build a natural gas processing plant and a natural gas liquids separation train with a privately held producer in the Montney shale play in western Canada. AltaGas said on Monday that while
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