Related Articles
Forward article link
Share PDF with colleagues

Big Oil will get a bigger voice under Trump

Oil's stock is on the rise in Washington DC as industry backers prepare to take the reins of power

After eight years on the outside looking in during the Obama years, the oil business will be among the most prominent voices in Washington DC as president-elect Donald Trump stacks his incoming administration with industry stalwarts. For the Department of Energy (DoE), Trump has tapped Rick Perry (pictured), a strong industry backer during his time as governor of Texas and brief runs for the White House (though more Americans will probably recognise him from his stint on the reality TV show Dancing with the Stars). Perry famously pledged to eliminate the DoE in a Republican primary debate - but forgot the name of the department. He probably won't seek to axe it completely as secretary, but

Also in this section
Venezuelan crunch time
17 November 2017
Venezuela faces steep bond payments before the end of the year. It is looking to Russia to help keep it from default
Taking a chance in Kurdish Iraq
16 November 2017
The KRG referendum result and subsequent Iraqi army offensive against the Kurds underline how risky it is for companies involved in the export and sale of Kurdish crude
Iraq—the end of the beginning
16 November 2017
Iraq's army has retaken Kurdish-controlled areas around Kirkuk in the north, while neighbouring states are considering their long-term response to the independence referendum