• International Organizations: Remarks at the Panel Discussion Following "Before the Flood" Screening October 21, 2016
    Remarks at the Panel Discussion Following "Before the Flood" Screening RemarksJohn KerrySecretary of State Fisher Stevens, Leonardo DiCaprio, and Piers Sellers UN Headquarters New York City, DC October 20, 2016 MR STEVENS: Thank you all for coming this evening. It’s quite an honor to screen in this incredible place. Thank you, Secretary-General, again. So you […]
  • Russia Media Engage in Disinformation Outside the Country, But Can't Fool Their Own People October 21, 2016
    Image: The Kremlin. Everybody knows that Russia has mounted a wide-ranging disinformation campaign against the West, using propaganda vehicles such as the RT television network, the Sputnik news agency and cyber-trolls who attack the West on the Internet while promoting the Vladimir-Putin-loving Donald Trump. The object is to sow doubts among those living in […]
  • Journalism group wants charges dropped against pipeline protest filmmakers October 21, 2016
    LOS ANGELES (Reuters) - A press freedom group on Thursday urged prosecutors in two states to drop charges against three documentary filmmakers who were arrested while filming activists as they sought to shut down major oil pipelines from Canada to the United States.
  • Exxon CEO Contradicts Other Oil Executives: Doesn’t Expect Supply Crunch October 19, 2016
    New sources of oil will prevent a supply crunch in the next few years, according to the CEO of ExxonMobil, who also added that it was unlikely that output from the United States would see a decrease anytime soon. Exxon’s Rex Tillerson made the bearish comments about the future of the oil market’s supply-side fundamentals […]
  • U.S. Ease On Cuban Sanctions To Benefit Foreign Oil Producers October 18, 2016
    Last week, Barack Obama issued a policy directive on easing sanctions and normalizing relations between the United States and Cuba, reiterating his 2014 call to lift the embargo imposed on that nation, which has been in place since the Kennedy Administration. The directive reads in part, “Cuba is not a member of international financial institutions […]
  • Zeits: Natural Gas Output In U.S. Will Dip in 2016 October 17, 2016
    Average natural gas production in the mainland United States (US) is expected to fall for “the first year in a long while,” wrote energy industry analyst Richard Zeits in an article for Seeking Alpha published on Monday. In his judgment, average natural gas production for the cautious US during the twelve-month period ending on 30 […]
  • Oil prices fall on rise in U.S. drilling, strong dollar October 17, 2016
    Oil prices fell on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $50.20 per barrel at 0710 GMT, down 15 cents from […]
  • Reformist prince shakes up entire Saudi Arabia October 17, 2016
    He has slashed the state budget, frozen government contracts and reduced the pay of civil employees, all part of drastic austerity measures as the Kingdom of Saudi Arabia is buffeted by low oil prices. But last year, Mohammed bin Salman, Saudi Arabia’s deputy crown prince, saw a yacht he couldn’t resist. While vacationing in the […]
  • Iraq Launches Massive Offensive To Retake Mosul October 16, 2016
    BAGHDAD (Reuters) - Iraqi government forces, with air and ground support from the U.S.-led coalition, launched an offensive on Monday to drive Islamic State from the northern city of Mosul, the militants’ last major stronghold in the country. Helicopters released flares overhead and explosions could be heard on the city’s eastern front, where Kurdish fighters […]
  • U.S. drillers extend rig recovery with oil over $50/bbl -Baker Hughes October 16, 2016
    The number of rigs drilling for oil in the United States rose again this week, extending one of its best recoveries with no cuts for 16 straight weeks, with analysts expecting more additions as crude prices hold over $50 a barrel. Drillers added 4 oil rigs in the week to Oct. 14, bringing the count […]
  • India And Russia Sign Energy And Defense Deals Worth Billions October 15, 2016
    GOA, India, Oct 15 (Reuters) - India and Russia signed billions of dollars of defense and energy deals on Saturday at a summit that sought to inject new life into a relationship that has been tested by shifting global alliances and conflict in the Middle East. Under the biggest agreement, a group led by Russian […]
  • Methane Hydrates: Environmental Armageddon or Energy Windfall? October 15, 2016
    A chunk of methane hydrate ice burning Buried deep along the continental shelves of many of the world's oceans is an intriguing, recently uncovered, hydrocarbon source: methane hydrates. Although the full extent of these deposits is unknown, preliminary estimates suggest they could represent the equivalent of a 200 to 1,000-year global supply of natural gas. […]
  • Oil Futures: Who Is Trading What? October 14, 2016
    A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil In its Weekly Commitment of Traders Report released every Friday, the United States Commodity Futures Trading Commission (CFTC) breaks down the number of outstanding short and long NYMEX futures […]
  • U.S. Rig Count Rises To 8 Month High As Permian, Eagle Ford See Decline October 14, 2016
    Houston oilfield services company Baker Hughes, Inc. showed a four-rig increase in the United States oil count, marking 16 straight weeks of no-decline in the active oil rig figure and signaling the continuation of a strong recovery for the country’s drilling activity. The oil rig count now stands at an eight-month high at 432 sites […]
  • Collected Department Releases: Remarks at the Plenary of the 28th Meeting of the Parties to the Montreal Protocol October 14, 2016
    Remarks at the Plenary of the 28th Meeting of the Parties to the Montreal Protocol RemarksJohn KerrySecretary of State Plenary Hall, Convention Center Kigali, Rwanda October 14, 2016 SECRETARY KERRY: Well, good afternoon everybody. I want to begin by thanking the president of this Meeting of the Parties, Minister Biruta, and the Government of Rwanda […]
  • Celebrities rally behind filmmaker arrested in pipeline protests October 14, 2016
    (Reuters) - Singer Neil Young, actor Mark Ruffalo and other celebrities on Thursday joined in calling for charges to be dropped against a documentary maker arrested while filming protesters who shut down oil pipelines from Canada to the United States, saying that she was acting as a journalist.
  • Wall St. Closes Lower After China Trade Report Disappoints - New York Times October 13, 2016
    New York TimesWall St. Closes Lower After China Trade Report DisappointsNew York TimesUnited States markets closed lower on Thursday, following global markets downward after a steep drop in China's exports. Shares of mining and chemicals companies and banks took some of the largest losses. Weakness in China, the world's second-largest ...US Stocks Pare Losses to End […]
  • Russia Shifts Focus From Oil To Agriculture October 13, 2016
    Russia’s biggest industry has been oil production historically, but the country appears to be trying to diversify that by putting more emphasis on agriculture. The former soviet state has been relying on the same tractors and silos for decades due to the apparent lack of opportunity for growth before 2013. With Russia’s increased production of […]