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Trump victory a new challenge for Dakota Access pipeline protestors

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Dakota Access pipeline protestors looking for President Obama to halt pipeline By Ernest Scheyder and Valerie Volcovici Nov 9 (Reuters) – The surprising victory by Native American and environmental groups in September to delay the Dakota Access Pipeline may turn out to be short-lived, after Donald Trump’s unexpected win in the U.S. presidential election. Trump […]

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Declining Norway investment affects exploration drilling more than production drilling

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 Total investment in oil and natural gas extraction in Norway was 21 per cent lower in the first half of 2016 compared with the first half of 2015, a decline of about 20.9 billion Norwegian kroner (US $3.5 billion), according to the US Energy Information Administration. However, investment cuts have affected some segments of the industry

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Rhetoric or reality? Arabs struggle to decode Trump’s Mideast rhetoric

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Trump dismissive of Arab alliances  By William Maclean DUBAI, Nov 9 (Reuters) – Donald Trump, the future leader of the Middle East’s top foreign ally is, in the words of a Saudi prince, an anti-Muslim “disgrace”, openly disdainful of Arab security partnerships, who believes Saudi Arabia would cease to exist for long without the United

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Shell shuts flow station on Nigerian Escravos oil line shut after locals staged protest

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Impact on Escravos not yet clear By Tife Owolabi and Libby George LAGOS/LONDON, Nigeria, Nov 9 (Reuters) – Royal Dutch Shell has shut down an Escravos crude oil flow station in Nigeria’s Niger Delta after villagers demanding aid staged a protest, the firm and residents said on Wednesday. In another blow to the oil major, the

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Oil tanker pirates turn to kidnapping, away from hijacking – IHS

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Onshore dynamics impact offshore risks in Gulf of Guinea and Southeast Asia Global piracy has shifted away from hijacking and towards kidnapping, according to new analysis released by IHS Markit. “Piracy has changed in the past three years. The number of piracy attacks is decreasing overall, but kidnapping is becoming more common. We are seeing

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Trump win raises fears over climate change goals, hits renewable stocks

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Trump calls climate change a “hoax” By Alister Doyle and Meredith Davis MARRAKESH, Morocco/CHICAGO, Nov 9 (Reuters) – The prospect of an abrupt shift in U.S. climate policy under President-elect Donald Trump lifted the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other companies tied to fossil fuels, and slammed shares of

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