Amid the ongoing fears of an escalating trade war between China and the United States. the Energy Information Administration countered the price decline potential of the China factor.
Read More »Why Oil Majors Are Going All-In On U.S. Shale
Chevron sold off much of its assets in the North Sea. no longer viewing the region as a high priority.
Read More »Why Trump Won`t Use His Ultimate Oil Weapon
Last year. ahead of the return of U.S. sanctions against Iran. there was speculation that Washington could use crude oil from the U.S. Strategic Petroleum Reserve to cushion the blow.
Read More »OPEC Oil Output Set For Drop Despite Saudi Production Boost
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May.
Read More »US Crude Oil Production Records High In March
U.S. monthly output peaked at 11.966 million bbl d in December.
Read More »Canada Is a Key Energy Trade Partner to the U.S.
Canada is the largest energy trading partner with the United States based on the combined value of energy exports and imports.
Read More »Canadian Natural Closer to King of Oil Sands with Devon Purchase
Canadian Natural Resources Ltd. can’t yet claim the King of the Oil Sands status. but it’s a lot closer to overtaking its rival Suncor Energy Inc. after buying a key Athabasca drilling site.
Read More »API President & CEO Emphasizes Alaska’s Role in U.S. Energy Revolution
API President and CEO Mike Sommers today delivered remarks to more than 500 local leaders at the Alaska Oil &. Gas Association Annual Meeting in Anchorage.
Read More »OPITO Appoints New V.P. for Americas to Support Oil and Gas Safety. Skills
OPITO. the global. not-for-profit skills body for the energy industry. has appointed Brandon Grosvenor to the new role of V.P. of strategic development for the Americas region.
Read More »China Rallies Energy Giants as Trade Battle with U.S. Heats up
China is mobilizing its vast state-run energy industry to prepare for an economic tussle with the U.S. that could escalate further and might last for years.
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