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A Minnesota judicial opinion rejecting a new route proposed by Enbridge ('BBB+'/Stable) for the replacement of its 50-year-old Line 3 crude oil pipeline underscores the rigorous scrutiny some...
Major oil companies' investments in renewables businesses are likely to provide a useful hedge to secure positions in the fledgling alternative energy industry, rather than be a radical step to transition away from...
A decline in Texas' electricity reserve margins this summer would mean higher wholesale energy costs, which could lead to higher purchased power costs for public power utilities with heavy reliance on market...
The OPEC-plus production cut agreement has improved the near-term outlook for oil prices, but US shale growth and responsiveness should result in a production surplus this year. We think that this is likely to take prices back below USD60/bbl, and that shale's ability to meet a significant portion of global demand...
Venezuela's financial and political problems should not affect the credit ratings of any European oil and gas companies operating in the country, Fitch Ratings says. Repsol, Eni, Total and Shell all have exposure to Venezuela, mainly via joint ventures. Cash flows...
Lower global production costs, considerable U.S. shale growth potential and shale's ability to quickly respond to changing market conditions should keep average annual oil prices below USD60 a barrel...
Hurricane Harvey's impact on Texas Gulf Coast refinery operations near the eye of the storm is likely to be large and potentially long lasting...
Saudi Arabia and a number of its allies, including UAE, have banned all land, sea and air transport between themselves and Qatar, although so far gas supply has continued via the Dolphin pipeline...
A proposed merger of India's state-controlled oil companies could reduce inefficiencies across the sector. It would also create an entity that is better placed to compete globally...
The executive order to move forward with approvals for two large crude pipelines support Fitch's previously stated expectation that the new administration's regulatory environment will be more favorable for pipeline operators. However, some hurdles remain. On Tuesday, the president signed...
