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Major U.S. tight oil-producing states expected to drive production gains through 2018

(Tue, 31 Jan 2017) In EIA’s January <em>Short-Term Energy Outlook</em>, U.S. crude oil production is forecast to increase from an average of 8.9 million barrels per day (b/d) in 2016 to an average of 9.3 million b/d in 2018, primarily as a result of gains in the major U.S. tight oil-producing states: Texas, North Dakota, Oklahoma, and New Mexico.

Clean-up begins at Dakota pipeline protest camp

CANNON BALL, N.D., Jan 30 (Reuters) - Dump trucks and heavy
machinery rolled into the protest camp near the site of the
Dakota Access Pipeline on Monday, and crews began filling large
dumpsters with garbage that has accumulated, much of it now
buried under snow.

Oil prices down 5 percent in January as rising U.S. output offsets OPEC-led cuts

SINGAPORE, Jan 31 (Reuters) - Brent crude oil prices fell
around 5 percent from their early January peak as rising U.S.
drilling activity offset efforts by OPEC and other producers to
cut output in an effort to prop up the market.

UPDATE 1-Trial opens for activist charged in pipeline disruption

Jan 30 (Reuters) - A jury was selected in Washington state
on Monday in the first trial over a coordinated protest that
disrupted the flow of millions of barrels of crude oil into the
United States, a proceeding activists hope will serve as a
referendum on climate change.

RPT-UPDATE 2-U.S. lawmakers move to scrap SEC's 'resource extraction' rule

WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.

UPDATE 2-U.S. lawmakers move to scrap SEC's 'resource extraction' rule

WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.

Commodities broker OTC Global Holdings opens Singapore office

NEW YORK, Jan 30 (Reuters) - Commodities brokerage OTC
Global Holdings (OTCGH) said on Monday it had opened a new
office in Singapore as it seeks to expand its market share in
the Asian market, a growing part of the global commodity trade.

Origin Energy gas production revenue jumps 27 pct in Dec quarter

MELBOURNE, Jan 31 (Reuters) - Origin Energy,
Australia's top energy retailer, reported a 27 percent rise in
gas revenue in the December quarter on the previous quarter,
thanks to higher prices and the ramp-up of output at the
Australia Pacific liquefied natural gas project (APLNG).

Strike cuts French electricity production by nearly 4 GW

PARIS, Jan 30 (Reuters) - A strike by electricity and gas
sector workers in France has cut nuclear and hydro power
production by nearly 4 gigawatt, French grid operator RTE and
utility EDF said on Monday.

CANADA STOCKS-TSX falls more than 1 percent on U.S. political risk

TORONTO, Jan 30 (Reuters) - Canada's main stock index fell
more than 1 percent to a nearly two-week low on Monday, with
losses broad based after a travel curb ordered by U.S. President
Donald Trump triggered a rethink by investors of U.S. political
risk.

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