Tag Archives: Donald Trump

The United States formally exited the Paris Agreement on Wednesday, fulfilling a longstanding promise by US President Donald Trump to withdraw the world’s second-largest greenhouse gas emitter from the global pact to fight climate change. But the outcome of the tight US election contest will determine for how long this …

Trump will issue an executive order to require an economic analysis of hydraulic fracturing, or fracking, as the president seeks to use what he portrays as Biden’s mixed messages on energy to woo voters in the swing states of Pennsylvania and Ohio. The order calls for U.S. agencies to analyze …

The members of the Organization of Petroleum Exporting Countries (OPEC) and their non-OPEC allies, have set the stage for a dramatic meeting at the end of November as bears look firmly in control of oil markets. The expanded OPEC-plus alliance, which is dominated by Saudi Arabia and Russia, could have …

Joseph R. Biden Jr.’s promise that he would “transition” the country away from oil and natural gas might hurt him politically in Texas and Pennsylvania, but it did not come as a surprise to many in the energy industry. Oil and gas executives have been keenly aware that the world …

As OPEC and its allies ruminate over whether to ease their collective production cuts at the end of the year, a very interested – though perhaps distracted by the US election – Trump administration will be watching closely from Washington. The OPEC+ agreement, forged in April during the worst of …

Oil prices rose more than two per cent on Monday, lifted by comments from doctors for U.S President Donald Trump, suggesting he could be discharged from hospital as soon as Monday. This is just a few days after his positive coronavirus test sparked widespread alarm. Mr Trump’s health update eased …

Oil prices gained on Tuesday due to fears that refineries could be hit by a storm brewing in the Gulf of Mexico, while buyers also drew relief from U.S. President Donald Trump’s return to the White House after being treated for COVID-19 in hospital. The gains slightly extended Monday’s rally …

The US oil industry appears to be backing Trump over Biden for reelection in 2020, having donated nearly $1 million to his campaign compared to only $265,000 for Biden’s campaign. According to the data, as of August 2020, President Trump has received $936,155 in contributions from the oil and gas …

German Chancellor Angela Merkel said on Wednesday that proposed US sanctions against the Nord Stream 2 gas pipeline from Russia were law-defying and would be dealt with. “We think that extraterritorial sanctions, like the ones imposed by the US, do not match our understanding of what is legal. This concerns …

The unprecedented OPEC+ deal in April, which led to drastic output cuts, is now entering its most dangerous phase, with oil demand and prices recovering. At the time, President Donald Trump claimed credit for the breakthrough, even though the U.S., the world’s biggest oil producer, wasn’t part of the agreement. …