Energy (Legacy)

Rick Perry a leading candidate for U.S. energy post: source

Rick Perry a leading candidate for U.S. energy post: source

Published 12/12/2016

Former Texas Governor Rick Perry exits after meeting with U.S. President-elect Donald Trump at Trump Tower in Manhattan, New York City, U.S., November 21, 2016. REUTERS/Brendan McDermid

Rick Perry, who proposed eliminating the U.S. Energy Department during his unsuccessful bid for the 2012 Republican presidential nomination, has emerged as a leading candidate to head the agency under President-elect Donald Trump, a transition official said on Sunday.

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Tillerson choice raises questions of corporate vs. national interest

Tillerson choice raises questions of corporate vs. national interest

Published 12/12/2016

ExxonMobil Chairman and CEO Rex Tillerson speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015. REUTERS/Daniel Kramer/File Photo

The central question facing Exxon Mobil Corp Chief Executive Rex Tillerson if he becomes U.S. secretary of state is whether a lifelong oil man with close ties to Russia can pivot from advancing corporate interests to serving the national interest.

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Credit Suisse lowers hurdle to redeem delisted oil ETNs

Credit Suisse lowers hurdle to redeem delisted oil ETNs

Published 12/12/2016

The Credit Suisse logo is seen at the headquarters in Milan, Italy, March 9, 2016. REUTERS/Stefano Rellandini/File Photo

Credit Suisse on Friday said it would lower investors' hurdle to redeeming two popular exchange-traded notes, used to bet on the price of oil, after it delisted the products in a surprise move this week.

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Investors in delisted oil ETNs sell, but at a price

Published 12/12/2016

Investors are paying a price for not finding buyers for popular exchange-traded notes (ETN), used to bet on oil prices, that delisted from U.S. exchanges this week.

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Oil prices fall as production creeps up ahead of announced 2017 output cut

Oil prices fall as production creeps up ahead of announced 2017 output cut

Published 05/12/2016

Rigging equipment is pictured in a field outside of Sweetwater, Texas June 4, 2015. REUTERS/Cooper Neill

Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that output cuts, planned as part of concerted action between producer club OPEC and Russia, might not be as big as initially anticipated.

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France: still huge work to be done on Ukraine ceasefire process

France: still huge work to be done on Ukraine ceasefire process

Published 05/12/2016

French Foreign Minister Jean-Marc Ayrault said on Tuesday that there was still an enormous amount of work to be done on the ceasefire process for eastern Ukraine but added that talks had not broken down altogether.

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Peace talks on Ukraine end without agreement

Peace talks on Ukraine end without agreement

Published 05/12/2016

Germany's Foreign Minister Frank-Walter Steinmeier (L) greets Ukraine's Foreign Minister Pavlo Klimkin as their Russian counterpart Sergei Lavrov stands nearby during talks on the crisis in eastern Ukraine in Minsk, Belarus, November 29, 2016. REUTERS/Vasily Fedosenko

Four-way talks on ending a separatist conflict in eastern Ukraine finished without a breakthrough on Tuesday, with German Foreign Minister Frank-Walter Steinmeier declaring that "lip service" statements were not enough to achieve lasting peace.

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Oil prices fall over doubts of planned crude output cut

Oil prices fall over doubts of planned crude output cut

Published 28/11/2016

An employee holds a gas pump at a petrol station in Sao Paulo, Brazil, November 8, 2016. REUTERS/Paulo Whitaker/File Photo

Oil prices fell on Monday, adding to Friday's steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply.

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More company climate votes ahead, as Trump may loosen energy rules

More company climate votes ahead, as Trump may loosen energy rules

Published 28/11/2016

U.S. President-elect Donald Trump is shown at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Jonathan Ernst

Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations.

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Trump faces dilemma as U.S. oil reels from record biofuels targets

Trump faces dilemma as U.S. oil reels from record biofuels targets

Published 28/11/2016

U.S. President-elect Donald Trump gestures from the front door at the main clubhouse at Trump National Golf Club in Bedminster, New Jersey, U.S., November 20, 2016. REUTERS/Mike Segar

The Obama administration signed its final plan for renewable fuel use in the United States last week, leaving an oil industry reeling from the most aggressive biofuel targets yet as President-elect Donald Trump takes over.

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