China and the United States are moving closer to a final trade deal after months of tough negotiations.
Read More »Trump Issues New Permit for Keystone XL Pipeline Project
The 36-inch diameter pipeline project is planned to begin at Hardisty in Alberta province.
Read More »US Appreciates India`s Efforts to Cut Oil Imports from Venezuela
The US. along with 50 other countries recognized Guaido as the legitimate President.
Read More »Pipelines could Derail the US Oil Boom
Quality could at some point become a bigger problem for US producers.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »Trump`s Plan to Preserve Benefits for Oil Drillers in Future
The Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms.
Read More »US Shale may Shake OPEC’s Commitment to Oil Production Cuts
OPEC members agreed to trim 800.000 barrels a day from October’s production levels for six months through June of this year.
Read More »US Shale Industry Expected To Dominate Supply Growth
The IEA warned that the oil industry is in danger of creating a major supply gap in the 2020s.
Read More »US Finances 2 LNG Terminals on Germany’s Northern Coast
The United States is advancing financing of two liquefied natural gas (LNG) terminals in northern Germany.
Read More »US will Surpass Saudi Arabia as World’s Top Crude Oil Exporter
Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.
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