Tag Archives: United States of America

The US Special Envoy for Iran Robert Malley said the Biden administration will increase pressure on China to cease imports of Iranian oil as the US tries to enforce nuclear sanctions. “China is the main destination of illicit exports by Iran,” and talks to dissuade Beijing from the purchases are …

The US-led price cap coalition will place two separate price limits on Russian oil products depending on their category, the US Treasury Department said in a statement on Friday. According to the statement, following a meeting between Deputy Treasury Secretary Wally Adeyemo and deputy ministers representing other G7 countries, EU …

The total number of total active drilling rigs in the United States fell by 4 this week, according to new data from Baker Hughes published on Friday. The total rig count fell to 771 this week—167 rigs higher than the rig count this time in 2022, and 304 rigs lower …

As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to power hydrogen production. One major source for this production is wind power, thanks to decades of development of wind farms worldwide. Green hydrogen has been hailed by many as a magical …

A Chinese solar panel maker is planning to open a factory in the United States despite trade tensions between the two. JA Solar Technology Co., one of the largest players in the Chinese solar panel field, has allocated $60 million for the facility, to be built in Phoenix, with completion …

U.S. natural gas demand could be on track to hit record lows in January if unseasonably warm weather sticks around, according to Rystad Energy Vice President Emily McClain. “Despite consistently robust LNG demand, totaling around seven million tons, particularly from European buyers, prices are falling and expected to continue bearish …

Despite the recent plunge in the European benchmark gas prices to below the North Asian benchmark, Europe continues to attract most of the U.S. exports of LNG as demand in Asia is still weak. Last week, around 68% of the LNG shipments out of the United States were headed to …

Although the U.S. marked an historic shift in 2020 by becoming a net exporter of petroleum, it has remained a net importer of crude oil since the end of the Second World War, according to Energy Information Administration (EIA) data. For the relatively uninitiated, which appears to include Saudi Arabia …

Oil prices fell on Wednesday as an unexpected build in crude and fuel inventories in the U.S., the world’s biggest oil consumer, and economic uncertainty reignited demand worries. U.S. West Texas Intermediate (WTI) crude futures decreased by 79 cents, or 1.1%, to $74.33 a barrel at 0503 GMT, while Brent …

Europe’s imports of diesel and gasoil from the United States is on track to reach a two-year high this month, data from Vortexa shows. In December, Europe’s U.S. loadings for diesel and gasoil reached 660,000t, according to Vortexa data cited by Argus. It was the highest amount headed to Europe …