Stockpiles are currently at the highest level since mid-2017. according to Energy Information Administration data.
Read More »The US will Maintain Oil Production despite Low Energy Prices
U.S. production numbers are going to continue for quite some time.
Read More »Natural Gas Price Plunge Signals Greener Start for 2019 in U.S. and EU
Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.
Read More »U.S. Oil Gas Output Surge Sets Country Increase Record
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country.
Read More »US Ban on Iran’s Pet-Chem Exports Ineffective
CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
Read More »US Should Stop Economic War Against Iran to Deescalate Tensions in Region
Iranian Foreign Minister Mohammad Javad Zarif blasted the US for imposing tough sanctions against his country. saying that regional tensions will relieve after Washington stops economic warfare against Tehran.
Read More »Russia May Be Testing U.S. Gas Nerve with Europe Push
Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of U.S. exporters. according to Citigroup Inc.
Read More »Devon Energy Establishes Target to Reduce Methane Emissions
Devon Energy Corp. has announced that it is establishing a voluntary. company-specific target to reduce methane emissions for its U.S. oil and natural gas production operations.
Read More »Mnuchin Confirms Trump Could Use Security Threat Huawei as Bargaining Chip in Trade War
US Treasury Secretary Steven Mnuchin admitted that while Chinese telecom giant Huawei remains a supposedly dangerous national security issue – except when it can be used to wring a better deal out of China.
Read More »India Seeks Better Oil Deal with United States
In 2018. India imported the third-highest volume of crude oil by value after China and the United States.
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