Archives for 2016
U.S., Canada following different paths to address climate change
The United States and Canada are taking different approaches to climate change, reflecting the differences in their economies, energy industries, and industrial mix, according to a new study by research firm IHS. In the United...
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Oil rebounds on speculation Iran might join output freeze
Oil rose, reversing an earlier decline, on speculation Iran may be more willing to cooperate with other producers seeking to freeze output. Prices rose as much as 2.7 percent after Reuters reported that Iran is...
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Conoco partner tries to block sale of African offshore areas
A ConocoPhillips partner on Tuesday moved to block the sale of Conoco’s interest in offshore areas off the coast of Africa. Last month, Houston-based Conoco, the world’s largest independent oil producer, announced it agreed to sell its...
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Market Currents: Asian producers coming under pressure
Oh good. It’s only the second day of selling after the recent rampant rally, and yet we are already hearing renewed rhetoric from key producers. Iran is the subject of the latest rumors, said to...
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Should state prop up prices for power producers at expense of consumers?
Power generators that didn’t earn the usual profits from summer price spikes are asking regulators to essentially guarantee those profits by artificially inflating prices during periods of peak demand – regardless of what the free...
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