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The United States has adopted a provision that allows it to sanction countries involved in the project.
Read More »Trump’s Threats Cannot Stop Nord Stream 2 Project
U.S. Still Imports Natural Gas from Russia
The gas being exported out will likely fetch higher prices right now in Europe and Asia.
Read More »US Oil Industry Shocked Middle East Oil Producers
Average US exports of oil products have risen 7% so far this year.
Read More »Oil Market Release from Impact of US-China Trade Dispute
Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.
Read More »ExxonMobil Offshore Operation Intensifies Tensions between Guyana. Venezuela
Exxon drilled its first successful well off the coast of Guyana in 2015 and since then has made nine more discoveries.
Read More »US Extends Iraq’s Waiver to Buy Iranian Gas
Baghdad recently pledged to buy American oil and energy technology.
Read More »US Presence in Region. Mistake from Beginning
Donald Trump announced on Thursday US military forces will soon pull out from Syria.
Read More »U.S. Oil Production to be Equal to Russia Plus Saudi Arabia by 2025
Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.
Read More »U.S. Shale Growth Could Offset OPEC’s Oil Cut
The 1.2-million-bpd cut is basically the currently expected production growth in the United States for next year.
Read More »U.S. Department of Energy Streamlines LNG Export Requirements
The U.S. is growing its position as a global leader in LNG exports.
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