Tag Archives: United States of America

The United States, the European Union and countries such as Japan have agreed to enhance efforts to achieve a goal of reducing global methane emissions by at least 30% by 2030, targeting emissions in the oil and gas sector. Under the Global Methane Pledge Energy Pathway launched Friday, nations are …

U.S oil service company Baker Hughes will no longer provide engineering services to Russian LNG developers. That creates another serious headache for Novatek’s LNG projects in the Arctic. According to newspaper Kommersant, Baker Hughes will also stop deliveries of equipment to Russia. Baker Hughes plays a key role in several …

The U.S. crude imports from Iraq averaged 196 thousand barrels per day (bpd) last week, the Energy Information Administration (EIA) said this weekend. In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 5.497 million bpd last week, down by 64 thousand bpd …

President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices deplete Americans’ wallets and the US leader’s popularity ahead of midterm elections. “Exxon made more money than God this year,” he said, advocating increasing taxes on oil companies. ExxonMobil reported massive profits in the …

The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Baker Hughes published on Friday. The total rig count rose to 733 this week—272 rigs higher than the rig count …

U.S. natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in shale basins despite surging overseas demand. The fire is under control at Freeport LNG’s terminal in Quintana, Texas, about 65 miles (105 kilometers) south of Houston, …

US President Joe Biden has blamed Russia for another crisis, saying his country might not be able to generate enough electricity to meet consumer demand. He partially blamed the ongoing conflict in Ukraine. Biden declared an energy emergency on Monday, saying national security and quality of life are jeopardized by …

Two oil companies could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on Venezuela. The volume of oil that Italian oil company Eni SpA and Spain’s Repsol Sare expected …

U.S. crude oil imports from Iraq averaged 294 thousand barrels per day (bpd) in May, the Energy Information Administration (EIA) said in its monthly report. According to the report, May imports from Iraq amounted to 9.114 million barrels, up from 5.52 million barrels (average 184 bpd). Iraq’s oil exports to …

U.S. imports of crude oil from Iraq last week averaged 326 thousand barrels per day (bpd), the Energy Information Administration (EIA) said this weekend. In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 5.561 million bpd last week, down by 325 thousand …