Donald Trump

Opinion

Big Oil: Time for a spin-off?

With Covid-19 continuing to impact the profitability of the supermajors, Ano Kuhanathan, sector advisor at trade credit insurer, Euler Hermes, argues that now is the time for the supermajors/Big Oil to start spinning off their renewables divisions.

Opinion

Trump’s Iran policy can be an opportunity for Biden

The next U.S. president will have to come to terms with “the will of the Iranian people” and end the economic war against the Islamic Republic, Iranian President Hassan Rouhani said in a speech Thursday. Bluster aside, there is a kernel of truth to his prediction — and President Donald Trump’s Iran policy may make negotiations easier for President-elect Joe Biden.

Americas

US approves oil, gas leasing plan for Alaska wildlife refuge

The Trump administration gave final approval on Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, caribou and other wildlife.

Oil & Gas

Saudi, Russia rift widens

US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.