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Revamped Study Finds Unlimited LNG Exports Benefit U.S.
(Friday, March 07, 2014) An update of a pivotal report on U.S. liquefied natural gas exports released on Friday found that allowing unlimited shipments of gas abroad would benefit the U.S. economy, mirroring the findings of the initial study.
EPA Chief Says New U.S. Energy Rules Won't Hobble Business
(Thursday, March 06, 2014) Carbon regulations can be crafted to help offset climate change without "shutting down business in its tracks," U.S. Environmental Protection Agency Administrator Gina McCarthy said at a major energy conference on Thursday.
Chevron CEO: US Should Move Forward with LNG, Crude Exports
(Wednesday, March 05, 2014) Chevron CEO John Watson says US should move forward with exporting oil and LNG, noting that debate on free trade benefits won "long ago".
Mexico to Be Rival Oil, Gas Supplier to US -Canada Minister
(Wednesday, March 05, 2014) Mexico's energy reform initiative will spark competition with Canada in terms of supplying the U.S. with oil and natural gas, further fueling the major oil producer's efforts to diversify export markets, Canada's natural resources minister said.
COLUMN-U.S. Oil Export Ban Could Be Lifted Piecemeal
(Monday, March 03, 2014) The White House could lift the ban on U.S. oil exports in stages, according to an analysis of past presidential decisions prepared for Senator Lisa Murkowski.
COLUMN-Vitol Gets More Than It Wants With Shell Australia Deal
(Monday, March 03, 2014) It's relatively easy to see Royal Dutch Shell's motivation in selling its Australian refinery and retail network, but somewhat more difficult to work out Vitol SA's reasons for buying.
Sen Murkowski Pushes US Exports of Condensates, If Not Crude
(Monday, March 03, 2014) U.S. Senator Lisa Murkowski doubts the U.S. Congress will lift a ban on exporting domestic crude oil this year as members focus on campaigning for the 2014 midterm elections, but she said the government could move to allow exports of condensates.
Texas Sees Higher Summer Power Supply Amid Slower Demand Growth
(Friday, February 28, 2014) The Texas grid agency issued a healthier outlook for the state's summer electricity supply on Friday.
Iran's Oil Fleet Looks to Come in from Cold As Exports Pick Up
(Thursday, February 27, 2014) Iran's oil tanker fleet is gearing up for more business, with some vessels taking to the high seas after over more than a year at home ports, another sign that an easing in Western sanctions is enabling exports to begin to pick up.
Birol: Fossil Fuels to Keep Dominating Energy Consumption Mix
(Thursday, February 27, 2014) Despite more than 25 years of efforts to reduce fossil fuel consumption and boost renewable energy use, fossil fuels will keep dominating the global energy consumption mix, said IEA's Fatih Birol.
Industry-funded Report Calls for Changes to German Energy Policy
(Wednesday, February 26, 2014) Germany's current policy of rapidly deploying renewable energy should be redesigned to prevent its industry from losing global market share because of high power costs, a report by an international think-tank said on Thursday.
IEA's Birol: Mideast Oil to Remain Vital for Asian Demand
(Wednesday, February 26, 2014) The US shale revolution has helped reshape the global energy market, but Middle Eastern oil will remain vital for meeting future Asian energy demand, said IEA's Fatih Birol.
EOG Resources Sees Slow N. American Natural Gas Market Recovery
(Tuesday, February 25, 2014) Oversupply in the North American natural gas market is likely to persist for years, the chief executive officer of U.S. oil and gas company EOG Resources Inc told investors on a conference call on Tuesday.
COLUMN-Railroads Act to Reduce Crude-by-rail Risks
(Tuesday, February 25, 2014) U.S. railroad operators have agreed new safety procedures to reduce the number of fiery derailments involving crude-carrying trains and cut the risk of a catastrophic explosion in a densely populated urban centre.
Japan Plan Keeps Nuclear As Key Energy Source
(Tuesday, February 25, 2014) Japan on Tuesday unveiled its first draft energy policy since the Fukushima meltdowns three years ago.
Supreme Court Seems Divided in Climate Case
(Monday, February 24, 2014) The Supreme Court appeared divided on Monday over the sole Obama administration program already in place to limit power plant and factor emissions of gases blamed for global warming.
BNSF Plans to Upgrade Tanker Fleet after Accidents
(Friday, February 21, 2014) BNSF Railway Co. intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a higher benchmark for safety within an industry that's seen multiple major accidents.
As Global Gas Output Surges, U.S. Seen to Rival Russia in Europe
(Friday, February 21, 2014) U.S. liquefied natural gas (LNG) by the end of the decade is likely to challenge Russian gas for market share in Europe as the region becomes increasingly dependent on imports, ConocoPhillips' head of LNG trading said.
LNG and Challenges Facing Global Gas Market
(Thursday, February 20, 2014) G. Allen Brooks looks at why recent events suggest that the conventional view of how the US LNG business develops may require companies to develop some alternative scenarios.
Congress Must Fix Highway Funding Shortfall, Says U.S. Transport Chief
(Thursday, February 20, 2014) The Highway Trust Fund, which relies on an 18.4-cents-a-gallon tax on gasoline to pay for the federal share of spending on roads, could run out of money "perhaps as soon as August," U.S. Transportation Secretary Anthony Foxx said Thursday.