From driving growth and creating jobs to maximizing America’s energy potential. the benefits for West Virginia and the country from this new investment will be significant and long-lasting.
Read More »U.S. Shale to Rise Much Faster Than Expected
US tight oil production has exceeded previous growth expectations and is currently forecast to contribute to a rise in overall US liquids by some 0.6 mb d in 2017 and then 0.9 mb d in 2018.
Read More »Putin’s Masterstroke of Energy Diplomacy
Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »U.S. Oil Service Firms Face Hit from Venezuela Debt Restructuring
Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.
Read More »Trump Pushes for Saudi Aramco I.P.O. in U.S.
The N.Y.S.E. has competed fiercely against foreign rivals. particularly the London Stock Exchange. for the privilege.
Read More »Weak U.S. Demand for Basra Crude Wipes out Premium for Iraq`s Oil
To cope with Basra crude surplus in the United States. traders have slowed ships and stored some cargoes off the Gulf Coast. shipping data on Eikon showed.
Read More »Russian LNG Unfazed By U.S. Sanctions
Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.
Read More »Trump’s China Trip To Reap Billions In Energy Deals
The potential Sinopec investment in U.S. energy assets and creation of jobs in hurricane-hit areas will not be President Trump’s only mission on his Chinese visit.
Read More »OPEC vs. U.S. Shale: The Battle for Asian Market Share
In fact. the threat to OPEC from U.S. shale oil just got more serious as it became clear that the cartel and its partners are planning to extend their own agreement until the end of 2018.
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