Houston American Energy Corp. today announced an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland basin. in Yoakum County. Texas.
Read More »Iran Auto. Defense Industries Eye Tie-Up to Beat Sanctions
Iran’s auto industry has emerged as one of the frontlines in a raging economic war on the country which is lining up its defense ministry to protect the sector from US sanctions.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »Trump says he’s considering sanctions to block Nord Stream 2
President Donald Trump said he’s considering using U.S. sanctions to stop construction of the Nord Stream 2 gas pipeline between Russia and Germany.
Read More »Goldman Sees Hard Path to OPEC Extension for Russia. Saudis
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.
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