Since accepting office, President Biden has enacted a slate of executive orders that have done nothing but “spit into the eye of normal Americans who
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Tag: crude
Iraq to pare February oil production to balance OPEC+ overages
By Khalid Al-Ansary on 1/24/2021 (Bloomberg) –Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last
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Biden’s fiscal and climate priorities may support oil prices, says Goldman Sachs
By Andres Guerra Luz and Saket Sundria on 1/24/2021 (Bloomberg) –Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market
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Libya may boost oil production after fixing leaky pipeline to its biggest port
Libya has begun pumping crude to its biggest port again a week after it was forced to shut down a worn-out pipeline due to a
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GOP rep who offered to work with Biden says call for unity ‘not off to a great start’
Rep. Beth Van Duyne, who offered to work with President Biden on bipartisan solutions, says the Democratic president has turned off some Republicans with a
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Biden’s plan to cut U.S. oil production becomes clearer
By Jennifer A. Dlouhy on 1/23/2021 WASHINGTON (Bloomberg) –Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone
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TC Energy reports results of conversion elections for Series 5 and 6 preferred shares
CALGARY, Alberta, Jan. 22, 2021 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that 818,876 of its 12,714,261
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Iran boosts oil production to pre-sanction levels
By Yasna Haghdoost and Arsalan Shahla on 1/22/2021 (Bloomberg) – Iran has started ramping up its oil production and expects to reach pre-sanctions levels in
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Oilfield service companies see drilling rebound everywhere but the U.S.
By David Wethe on 1/22/2021 HOUSTON (Bloomberg) –Spending by the global oil industry outside the U.S. is poised to rebound later this year, according to
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In 2019, oil and lease condensate proved reserves were flat; natural gas reserves declined
January 22, 2021 In 2019, proved U.S. reserves of crude oil and lease condensate increased by 0.1%, and proved natural gas reserves declined by 1.9%,
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