Valerie's Feed
Jun 26, 2014

U.S. clarifies which petroleum drillers can export

WASHINGTON, June 25 (Reuters) – U.S. energy markets marked a
seismic shift on Wednesday after federal officials provided
clarity on what companies glutted with domestic shale oil can
ship to thirsty markets abroad, leading to expectations for a
potential surge in petroleum exports.

News that companies can export a type of ultra-light crude
if it has been minimally refined pushed U.S. oil prices
higher, and triggered a realignment in energy stocks, with
refiner shares sagging while those in several oil and gas
producers jumped.

Jun 25, 2014

U.S. clarifies what lightly processed oil drillers can export

WASHINGTON, June 25 (Reuters) – U.S. energy markets marked a
seismic shift on Wednesday after federal officials provided more
clarity on what companies glutted with oil can ship to thirsty
markets abroad, leading to expectations for a potential surge in
shale oil exports.

News that companies can export a type of ultra-light crude
if it has been minimally refined pushed crude oil prices
higher, and triggered a realignment in energy stocks, with
refiner shares sagging while those in several oil and gas
producers jumped.

Jun 25, 2014

U.S. allows condensate oil exports, after light refining

WASHINGTON, June 24 (Reuters) – U.S. officials have told
energy companies that they may export a variety of ultra-light
oil if it has been minimally refined, an apparent marginal
loosening of a decades-old ban on selling U.S. crude abroad.

The Wall Street Journal reported that the Department of
Commerce, which has come under growing pressure to ease
restrictions amid a resurgence in domestic production, had given
approval via a private ruling to Pioneer Natural Resources Co
and Enterprise Product Partners LP to export the
so-called condensate.

Jun 18, 2014

Republican ex-EPA chiefs voice support for new carbon rules

WASHINGTON, June 18 (Reuters) – Rising public support for
action on climate change bodes well for federal regulations
announced this month to limit pollution from power plants, four
Republican former chiefs of the U.S. Environmental Protection
Agency said on Wednesday.

Senator Sheldon Whitehouse, a subcommittee chairman on the
Senate Environment and Public Works panel, arranged for the
officials to address a sharply divided committee that frequently
clashes over the existence and causes of climate change.

Jun 17, 2014
Jun 17, 2014
Jun 16, 2014

U.S., UK-led coalition seeks to limit financing for coal plants

WASHINGTON, June 16 (Reuters) – The United States, United
Kingdom and Netherlands will float a plan this week requiring
new coal-fired power plants to meet a carbon pollution standard
in order to receive public funding from the world’s wealthiest
countries, according to a draft seen by Reuters.

The countries will present the plan to the Organization for
Economic Cooperation and Development’s exports credits group,
which started a week-long meeting on Monday.

Jun 16, 2014

Kerry calls for concerted global action to protect oceans

WASHINGTON, June 16 (Reuters) – U.S. Secretary of State John
Kerry on Monday called for a global regime to protect the
oceans, which he said were under threat from too much fishing,
acidification from climate change, and marine pollution.

Kerry opened the two-day “Our Ocean” conference at the State
Department with a call for all nations to move beyond talks and
studies to taking specific steps toward a global agreement to
protect the oceans.

Jun 16, 2014
Jun 14, 2014