Friday, December 27, 2024
Column: Can Biden transform the U.S. energy system?- oil and gas 360

Column: Can Biden transform the U.S. energy system?

Reuters LONDON – U.S. presidential transitions have all the elements of a great news story: people, drama, timeliness, conflict and consequences. But energy systems are mostly shaped by slower moving, impersonal, structural forces. President Joe Biden’s first executive actions after his inauguration on Thursday to move quickly to tackle climate change have raised questions over the ability of administrations to

Mexico defends state-led energy policy as investors look to Biden- oil and gas 360

Mexico defends state-led energy policy as investors look to Biden

Reuters MEXICO CITY – Mexico’s president on Thursday forcefully defended his drive to strengthen the state’s role in the energy sector, seeking to temper investor hopes that he might give ground if the new U.S. government under President Joe Biden takes up their cause. President Andres Manuel Lopez Obrador has worked to bolster state oil firm Petroleos Mexicanos (Pemex) and

Oil dips after unexpected build in U.S. crude stockpiles- oil and gas 360

Oil dips after unexpected build in U.S. crude stockpiles

Reuters NEW YORK  – Oil prices slipped on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices. Brent crude futures fell 3 cents to $56.05 a barrel by 11:27 a.m. EST (1627 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 14 cents to $53.17

Biden names Democrat Glick to chair energy regulatory panel- oil and gas 360

Biden names Democrat Glick to chair energy regulatory panel

Reuters WASHINGTON – U.S. President Joe Biden on Thursday named Richard Glick, a Democrat, to chair the Federal Energy Regulatory Commission, where he could eventually lead the panel to consider lowering barriers for emerging clean energy technologies. Glick was appointed by former President Donald Trump to the commission in August, 2017. Before that he was general counsel for Democrats on