Tag Archives: United States of America

In recent years. American reliance on foreign petroleum has dropped.

According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.

Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.

Gasoline stocks dropped by 3 million bbl. compared with analysts'. expectations in a Reuters poll for a 227.000-bbl drop.

Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.

The United States has taken a series of recent measures against Russia.

New sanctions on Monday would be the third round enacted by the Trump administration against Russia in the past four weeks.

Syrian state television said Russian forces had shot down more than a dozen missiles.

The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.

The United States now produces more crude than top exporter Saudi Arabia.