In recent years. American reliance on foreign petroleum has dropped.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »US Oil Inventories Drop On Strong Demand
Gasoline stocks dropped by 3 million bbl. compared with analysts'. expectations in a Reuters poll for a 227.000-bbl drop.
Read More »OPEC Mulling Longer Oil Cuts at June Meeting
OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.
Read More »Nord Stream 2 Completes Permitting Procedure in Finland
According to Nord Stream 2. all necessary permits needed for the project have also been received in Germany.
Read More »Ukraine Intends to Impose Sanctions against Companies Participating in the Construction of Nord Stream-2 Pipeline
Ukraine opposes the North Stream-2 project.
Read More »Syria Attacked Just as It had Chance for Peace
Syria has been attacked just as it had a chance for peace.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Middle East Crisis. U.S.-China Trade War Worsen Oil Markets
The United States now produces more crude than top exporter Saudi Arabia.
Read More »ADNOC Launches Oil and Gas Exploration Round
ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.
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