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Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - November 4 -
Canada Sets Preliminary Rules for Oil-and-Gas Carbon-Emissions Cap
The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record ...Business - The Wall Street Journal - November 4 -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - November 5 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Lammy seeks to repair Trump relationship after ‘Nazi’ jibe
UK foreign secretary offers congratulations to US president-elect six years after branding him a ‘sociopath’World - Financial Times - November 6 -
Bitcoin hits record above $75,000 as crypto industry celebrates Trump win
Republican presidential victor has vowed to end regulatory crackdown on cryptocurrency industryWorld - Financial Times - November 6 -
Trump expected to roll back environmental protections, boost oil and gas
Former President Trump’s electoral victory will likely mean a significant shift in U.S. energy and environmental policy. His return to the White House next year is expected to lead to a rollback of ...Politics - The Hill - November 6 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
Trump’s Energy Policies May Be a Mixed Bag for Oil Companies
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.Business - The New York Times - November 7 -
Oil firm blames windfall tax for North Sea pull-out
Texas-based Apache says the windfall tax on energy profits will make its operations "uneconomic".Top stories - BBC News - November 7 -
Odour of oil and return of Trump hang heavy over Cop29 in Baku
Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance. More than 100 heads of state and government are expected to land in Baku, the ...World - The Guardian - November 8 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
US oil industry eagerly awaits Donald Trump’s deregulatory push
Despite president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growthBusiness - Financial Times - November 10 -
Colombia battles to diversify economy away from oil and gas
President Petro has pledged to end investment in fossil fuels but critics say the transition to clean energy is too abruptWorld - Financial Times - November 11 -
UK made legal error in granting oil and gas licences, companies will admit
Rosebank and Jackdaw projects to be scrutinised in key case for future offshore fossil fuel projectsBusiness - Financial Times - November 11 -
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...Business - MarketWatch - November 11 -
Trump energy allies anticipate boom times for oil, gas, mining
Former President Trump’s election victory has sent a jolt of enthusiasm through the fossil fuel and mining industries as they anticipate a favorable regulatory environment under his incoming ...Politics - The Hill - November 12 -
EPA implements climate law’s methane fee for oil and gas companies
The Environmental Protection Agency (EPA) issued a final rule Tuesday that implements a charge for oil and gas companies that release too much of the planet-warming gas methane. The fee was passed ...Politics - The Hill - November 12 -
E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?
The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas. Republicans may be able to repeal it.Top stories - The New York Times - November 12 -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - November 12 -
How Russia’s energy minister plotted merger of country’s oil majors
Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise LukoilWorld - Financial Times - November 13