Mexico Competition Monitor Urges Against ‘Detrimental’ Changes to Hydrocarbons Law Mexico’s antitrust watchdogComisión Federal de Competencia Económica (Cofece) has sent a letter to Mexico’s Congress decrying proposed changes to the nation’s Ley de Hidrocarburos, or Hydrocarbons Law. “We recommend the reform to the Hydrocarbons Law isn’t approved,” President Jana Palacios said on Twitter. She suggested the proposed changes would be damaging to competition in the nation’s energy sector. “Without competition, the risk is that prices will rise.” In late March, Mexico President Andrés Manuel López Obrador sent a bill to Congress to amend the Hydrocarbons Law. The amended law would give the state greater control over granting and revoking permits in the oil, gas and petrochemicals business.
Mexico Fuel Bill Latest Move to Undo Energy Reform as Midterm Elections Loom naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.
The Atlantic waters off Guyana have become one of the world’s hottest oil-drilling zones. Now, international oil executives are looking at neighboring Suriname. Exxon Mobil, Royal Dutch Shell, Total, Apache and several other companies are gearing up operations off Suriname’s coast. They hope that the South American country, which recently emerged from decades of authoritarian and corrupt governments, will be the next great oil source. But the world has more than enough oil, and prices for petroleum products are relatively low. In addition, investor interest in oil companies is waning as concerns about climate change give momentum to electric vehicles and renewable energy.
Wed, Jan 20, 2021 Choosing wisely: How the Biden administration can build a better coalition on international energy and climate policy in a post-COVID world President Joe Biden and Vice President Kamala Harris have inherited a country deep in crisis. After the tumult of 2020, the new administration takes the helm amid high unemployment, a sluggish economic recovery, soaring national debt, and a staggering 360,000 Americans dead from a pandemic that shows few signs of slowing before new vaccines can be distributed. At the same time, President Biden has asserted that the United States will regain its mantle of leadership of the liberal order, reset its international partnerships, and, perhaps most importantly, rebuild as a clean, green superpower putting the global community back on track to meet its climate commitments and securing a sustainable trajectory for future economic growth.
Andrea Clabough The Russian government has been instrumental in preserving the Maduro regime, despite years of intense domestic and international pressure favoring a democratic transition, providing the regime invaluable diplomatic leverage, security personnel, and material, as well as an economic lifeline. The US strategy for a democratic Venezuela must recognize these realities and focus on containing Russian influence in Venezuela, as it cannot end it. In the seven months since the publication of the Atlantic Council’s issue brief, “Election 2020: What’s At Stake For Energy,” the social and political landscape of the United States can hardly have changed more dramatically. This issue brief updates the Atlantic Council’s prior analysis and considers the new context surrounding a Trump re-election scenario and a Biden election, and the consequences for the energy sector.
Suriname Could Be Latest Big Oil Find as Industry Cuts Costs The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less. The docks of an abandoned mine in Moengotapoe, Suriname. The nation’s emergence as a potential oil-producing star could help a new government trying to remake the country.Credit.Adriana Loureiro Fernandez for The New York Times The Atlantic waters off Guyana have become one of the world’s hottest oil-drilling zones. Now, international oil executives are looking at neighboring Suriname. Exxon Mobil, Royal Dutch Shell, Total, Apache and several other companies are gearing up operations off Suriname’s coast. They hope that the South American country, which recently emerged from decades of authoritarian and corrupt governments, will be the next great oil source.
Georgia Clinched Bidenâs Victory. Now It Will Decide His Climate Agendaâs Fate. Control of the Senate rests on a long-shot bid to unseat two Republican senators in a state that has only just started to turn purple. Drew Angerer via Getty Images President-elect Joe Biden speaks during a drive-in rally for U.S. Senate candidates Jon Ossoff and Rev. Raphael Warnock in Atlanta. The weeks leading up to the November election produced one of the most hopeful periods for the future of American legislation in a decade as polls gave Democrats a solid chance of flipping Senate seats in Georgia, Iowa, Maine, Montana, North Carolina and South Carolina. Come 2021, the new Senate majority leader, Chuck Schumer, could sacrifice some of the more conservative fossil fuel supporters in his caucus and still pass the sort of sweeping climate legislation the world needed the U.S. to adopt a decade ago.Â
Updated Dec 16, 2020 Biden Names Obama-Era EPA Chief Gina McCarthy As Climate Czar The role is seen as a domestic counterpart to John Kerry s job on the international front in the next administration. President-elect Joe Biden has tapped Gina McCarthy as his domestic climate czar, tasking the Obama-era Environmental Protection Agency chief with overseeing the new administration’s sweeping plans to overhaul the nation’s energy, agriculture and transportation systems and prepare for the hotter world to come. McCarthy, 66, served as a chief architect of the Obama administration’s climate regulations, overseeing the drafting and passage of landmark limits on planet-heating pollution from power plants, vehicles and fossil fuel producers. Following a stint as a professor at Harvard University, she became the president and chief executive of the Natural Resources Defense Council, a lion in the environmental advocacy sphere that has sued the Trump administration more than 100 times to block environmental rollbacks, in January.