US President Donald Trump has signed an executive order declaring a national emergency to expand the nation’s domestic mining industry and reduce its dependence on
Tag: White House
Energy Geopolitics: US Plans to Bring Iranian Oil in Global Markets to Zero
Iran is estimated to have lost up to $10 billion since US sanctions were re-imposed in November last year as a result of which 1.5
White House Pondering Exceptions to Oil Sanctions on Iran
The White House is actively considering exceptions to the US sanctions on Iran that it will reimpose in November. Countries that are being considered are
The Geopolitics of Oil: Iran Fights Back Against US Threats to Block Its Oil Exports
Iranian President Hassan Rouhani said that his country would maintain its firm stance against US threats to undermine Iranian oil sales, and warned that the
Market Update: China Inks a Long-Term Deal to Import American LNG
China has entered its first long-term deal to import US liquefied natural gas, following a move by the White House to open the rapidly growing
Florida Given a Waiver from Trump’s Oil Off-Coast Drilling Push
The White House has given the US state of Florida an exception that it will not consider oil and gas drilling off the state’s coast,
Aspiring Energy Superpower: US to Open Up Offshore Areas for Oil Drilling
The Trump administration this week proposed to open up almost all of the US offshore areas for oil and gas drilling. This decision will essentially
Market Update: Venezuela Abandons US Dollar in Oil Trade
Venezuela is no longer receiving or sending payments in US dollars in response to the sanctions imposed by the White House in August. Oil traders
No Exception for Exxon to Drill in Russia as OPEC Extends Output Freeze
The Organization for Petroleum Exporting Countries (OPEC) has decided in favor of an oil output freeze extension. The cartel would extend the global deal to
Iran Boosts Output and Readies for Foreign Investment Despite Trump’s Moves
Iran has announced that it would start working on new deals to develop oil and natural gas fields in mid-February – a move that will