OPEC

Life In Riyadh

As Prince Muhammad bin Salman’s proactive approach to regional affairs becomes clearer, the novice defense minister could lead the kingdom to overreach in Yemen. Earlier today, Saudi Arabia announced that it has ended its airstrikes in Yemen because the heavy weapons and ballistic missiles threatening the kingdom have been destroyed. The fighting had appeared to… Keep reading →

The Growing Economy Of Dubai

The Assad regime and Hezbollah back Iran’s view of the announced parameters, but most other Arab officials and commentators are openly skeptical. Most analysts have focused on Israeli and American, rather than Arab, reactions to the Iran nuclear framework agreement announced last week. Yet there were significant and highly divergent reactions across the Arab region… Keep reading →

As Default Deadline Nears, Congress Continues Debate Debt Ceiling Plan

Insight for Industry – U.S. Crude Oil Export Restrictions Cause Refining Mismatch and Light Oil Price Discount The dramatic increase in domestic oil production over the past decade – facilitated by drilling technology improvements – has rekindled the crude oil export debate. Allowing crude oil exports would provide an additional market for light crude derived… Keep reading →

Iraq's Minister of Oil and President of

“The potential of air strikes on Yemen by Saudi Arabia, the biggest oil producer in OPEC, could throw world oil markets into volatility.” While Yemen contributes less than 0.2 percent of global oil output, its location puts it near the center of world energy trade. The nation shares a border with Saudi Arabia, the world’s… Keep reading →

U.S. And Saudi Representatives Discuss Energy Markets

Saudi Arabia’s oil minister, Ali al-Naimi, recently said again that OPEC will not take sole responsibility for supporting global oil prices. Since the collapse in oil prices this past year, OPEC has attempted to convince non-OPEC oil producers to cooperate on production and prices, but with little success. “Today the situation is hard. We tried, we… Keep reading →

Markets Rise On Economic Data

Industries Are Critical of Proposed Stricter Ozone Standards The Hill: Business groups are waging war on the Obama administration’s proposal to reduce ozone pollution, arguing the regulations would cripple the U.S. economy. In order to comply with the proposed rule, many areas of the country would have to all but shut down land development and… Keep reading →

New Combined Electricity Project Connect Spain and France

Commonwealth Edison has added to the already intensified political situation in Illinois over the future of state-energy policy.”The utility is backing legislation being introduced today in Springfield that effectively is a response to the clean-jobs bill backed by Chicago Mayor Rahm Emanuel and a coalition of environmental, consumer and labor groups, along with renewable power… Keep reading →

Louisiana Oil Industry Recovers From Katrina Devastation

Continued growth of U.S. unconventional oil and gas production has made oil and gas exports attractive for industry. On February 10, 2015, the Energy Information Administration (EIA) issued a report highlighting the significant decrease in light crude oil imports to the U.S. Gulf Coast area, with light-sweet crude imports virtually eliminated in 2014.  Since 2010,… Keep reading →

Crude Oil Exports: A View from the 114th Congress

Congress Struggles With Funding Repairs To U.S. Capitol Dome

The 114th Congress convened January 3 with energy at the top of its agenda. Both the House and the Senate kicked off the new session with approval of the Keystone XL Pipeline. That was just the start. Senator Lisa Murkowski (R-AK), the new Chairwoman of the Senate Energy Committee, has promised comprehensive energy legislation based on her Energy 2020 agenda.

Opposition Rebels Battle Gaddafi Forces In Eastern Libya

Oil prices increased to their highest in nearly two months on Monday, following concerns over escalating conflict with Islamic State militants in Libya and threats to withhold exports from Iraq’s semi-autonomous Kurdish region. “Egypt bombed Islamic State targets inside Libya on Monday and Cairo renewed calls for a U.S.-led coalition to confront militants there a… Keep reading →

Page 1 of 1112345...11