Coal companies vowed to fight President Barack Obama’s new limits on climate-change pollution as details of the emission regulations emerged. [Bloomberg] NextEra Energy Partners have announced it will purchase NET Midstream, a privately held company that develops natural gas pipelines, for $2.1 billion. [Reuters] Stocks are decreasing as energy companies slide due to the continuing… Keep reading →
We’ve stressed the economic benefits of lifting the ban on U.S. crude oil exports – GDP growth, job creation and consumer savings – because they’re considerable and would affect virtually every American in a positive way. No less important are the benefits for American security and foreign policy from letting U.S. crude trade freely in… Keep reading →
After a year of consultations and house debate President Obama’s Clean Power Plan will be finalised early next week. [BBC] The oil giant also said it would cut 6,500 jobs as the drop in oil and gas prices hinders its vast global exploration and production operations. [The NY Times] U.S. stocks traded in a narrow… Keep reading →
When New York officially banned hydraulic fracturing in late June 2015, many assumed the long-heated political debate was over and there would be no fracing in New York unless the courts overturned the ban.
Hilary Clinton’s speech on Monday in Des Moines, Iowa in which she outlined an energy agenda that plans to generate 33% of the United States electricity from renewables reinforced the importance of energy in the 2016 election. The contrasting view between Republican candidates and Clinton on climate change underscores the partisan nature of the climate debate… Keep reading →
On July 21, the Senate Finance Committee approved by a vote of 23 to 3 a bipartisan tax bill to renew for two years more than 50 expiring and expired tax provisions known as “tax extenders.”
President Anastasiades will likely use this week’s summit to build momentum toward the development of offshore gas reserves, with Iran and other issues making the agenda well. On July 28, Israeli prime minister Binyamin Netanyahu will visit Cyprus for discussions concentrating on natural gas, among other key topics such as Iran, counterterrorism, and the Palestinian… Keep reading →
A U.S. Senate committee has voted to extend more than 50 tax policies, including production and investment tax credits that incentivize wind farm construction.
BP has reported a $5.8 billion loss in the second quarter, mostly from the costly settlement over the 2010 Gulf of Mexico oil spill. [The NY Times] The Senate Energy and Natural Resources Committee began its debate over the broad bipartisan energy bill, with potential conflicts already emerging. [The Hill] The UAE will raise gasoline prices… Keep reading →
Presidential candidate Hillary Clinton has announced her plans to install more than half a billion solar panels across the U.S. by the end of her first term if elected, outlining an expansive clean energy strategy. [CBS] Energy Secretary Ernest Moniz has defended the Iran nuclear deal, stating that 24-day waiting periods for international inspectors would… Keep reading →
