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Oct 3, 2013

U.S. looks for Iran to slow uranium enrichment

WASHINGTON (Reuters) – The United States is looking for Iran to take specific steps to slow its uranium enrichment and to open a wider window into its nuclear program, a top U.S. official said on Thursday ahead of October 15-16 negotiations with Tehran.

Under Secretary of State Wendy Sherman, the lead U.S. negotiator with Iran, also urged U.S. lawmakers to hold off on imposing additional sanctions against Iran ahead of the talks.

Oct 1, 2013

Iran sanctions in U.S. Senate delayed before Geneva talks

WASHINGTON (Reuters) – Under pressure not to squeeze Iran too hard, the U.S. Senate is unlikely to impose a fresh round of sanctions on the Islamic Republic until after Tehran holds nuclear talks with world powers later this month, lawmakers and congressional aides said.

The Senate Banking Committee had been due in September to look at a new package of sanctions passed in July by the House of Representatives, but now it will not do so for at least a few more weeks, an aide said.

Sep 18, 2013

Obama’s energy, EPA chiefs say climate plan won’t kill coal

WASHINGTON (Reuters) – New rules limiting emissions from U.S. power plants that are expected to be proposed on Friday will “provide certainty” to the coal industry, environment and energy chiefs told lawmakers anxious about the fuel’s future.

“We believe coal will continue to represent a significant portion of the energy supply in the decades to come,” Environmental Protection Agency administrator Gina McCarthy told the House of Representatives Committee on Energy and Commerce on Wednesday.

Sep 18, 2013

Harsher U.S. sanctions on Iran oil sales may have little effect

WASHINGTON (Reuters) – The U.S. Congress could soon pass a bill to further squeeze Iran’s oil exports – and its nuclear program – but new sanctions may fail to cut the country’s crude sales much more than existing ones already have.

The Senate Banking Committee this month is expected to begin debating its version of a package of sanctions that easily passed in the House of Representatives in late July. The House bill would cut Iran’s exports to global customers by an additional 1 million barrels per day in a year, on top of U.S. and European Union sanctions that have about halved Tehran’s oil sales since 2011.

Sep 17, 2013

Analysis: Harsher U.S. sanctions on Iran oil sales may have little effect

WASHINGTON (Reuters) – The U.S. Congress could soon pass a bill to further squeeze Iran’s oil exports – and its nuclear program – but new sanctions may fail to cut the country’s crude sales much more than existing ones already have.

The Senate Banking Committee this month is expected to begin debating its version of a package of sanctions that easily passed in the House of Representatives in late July. The House bill would cut Iran’s exports to global customers by an additional 1 million barrels per day in a year, on top of U.S. and European Union sanctions that have about halved Tehran’s oil sales since 2011.

Sep 10, 2013

U.S. decision on Keystone XL pipeline likely to slip into 2014

WASHINGTON (Reuters) – As the State Department drags out the approval of the Keystone XL pipeline, it is more likely President Barack Obama’s final decision on the project to help link Canada’s oil sands to U.S. refineries will slip into 2014, experts said.

The department has yet to finalize a controversial environmental review of more than 2,000 pages it issued on March 1 that it had been expected to complete by mid-summer. Instead, the department is reviewing and publishing in batches the more than 1.5 million public comments it received on the review. The first batch of comments was posted on May 23; the most recent batch went up about a week ago.

Aug 30, 2013

Iran’s oil revenues drop 58 percent since 2011 as sanctions bite: U.S.

WASHINGTON (Reuters) – Iran’s monthly revenues from oil sales have dropped 58 percent since just before the United States imposed harsher sanctions on the country in 2011 because of Tehran’s disputed nuclear program, a senior U.S. official said.

The OPEC member’s monthly crude oil revenues averaged an estimated $3.4 billion in the first half of this year, down from $6.3 billion in the year ago period, and $8 billion from the first half of 2011, said the source, who did not want to be named due to the sensitive nature of policy on sanctions.

Aug 30, 2013

U.S. consults oil experts as it weighs action against Syria

WASHINGTON (Reuters) – Obama administration officials have contacted energy experts in recent days to discuss oil market conditions as the president weighs a military strike against Syria, sources familiar with the matter told Reuters.

There are no signs the government is preparing to tap emergency oil reserves soon in a bid to tame rising prices, according to the sources who spoke with Reuters this week, though the administration is closely monitoring the situation.

Aug 15, 2013

U.S. nuclear power plants vulnerable to 9/11-style attacks: report

WASHINGTON (Reuters) – U.S. nuclear power plants are not adequately protected from threats, including the theft of bomb-grade material that could be used to make weapons and attacks intended to cause a reactor meltdown, a University of Texas report said on Thursday.

Not one of the country’s 104 commercial nuclear reactors or three research reactors is protected against an attack involving multiple players such as the ones carried out by 19 airplane hijackers on 9/11, said the report by the Nuclear Proliferation Prevention Project, or NPPP, at the University of Texas, Austin.

Aug 9, 2013

Analysis: Obama’s Keystone stand deepens impasse with Canada

WASHINGTON (Reuters) – With his blunt assertion that Canada could do more to cut emissions, President Barack Obama raised doubts about whether the United States will approve the Keystone XL pipeline. The question is: What exactly does Canada need to do?

As Obama seeks to revitalize his climate agenda, he has said he will evaluate TransCanada Corp’s oil pipeline project on whether it will significantly raise greenhouse gas emissions.

    • About Timothy

      "I cover U.S. energy and environment policy and climate change. Moved to DC in late 2009 after a decade in New York. Author of "Diminishing Resources:Oil," which is one in a series of books for young adults."
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