Archives for 2016
Saudi energy minister to give keynote at 2017 CERAWeek
H.E. Khalid A. Al-Falih, the Saudi Arabian minister of energy, industry and mineral resources, has been named keynote speaker for the 2017 CERAWeek gathering in Houston. Coordinated by global analytics firm IHS Markit, CERAWeek is...
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OPEC said to agree to output cut of 1.2 million barrels a day
Oil rose the most in nine months after OPEC ministers were said to have forged a deal to cut production, sending stocks of energy producers and currencies of commodity-exporting nations higher. Crude rebounded from a...
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EPA plans to withdraw pollution regulations for seven Texas power plants
The U.S. Environmental Protection Agency said it plans to voluntarily withdraw a requirement that seven Texas coal-fired power plants reduce pollution, according to a filing with a federal appeals court. The so-called regional haze rule is...
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Market Currents: OPEC’s dominance in Asia
The gloves are off in Vienna and OPEC members are trading verbal blows about what they will or won’t do in relation to production cuts. Finally the main event arrives tomorrow (finally!), while we also...
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OPEC deadlocked as Iran, Saudi Arabia harden postions
An OPEC deal to curtail oil production appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement. Ministers gathering...
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