Tag Archives: United States of America

Oil prices rose on Wednesday, extending gains from the previous session after industry data indicated US crude stocks fell much more than expected last week, reinforcing bullish views on fuel demand in the world’s largest economy. US West Texas Intermediate (WTI) crude futures rose 48 US cents, or 0.7%, to …

The Russian oil is being supplied to Belarusian refineries as normal, Belarusian Prime Minister Roman Golovchenko said in an interview aired by the Belarus-1 TV channel on Sunday, adding that the US’ sanctions do not affect the supplies. “In accordance with the decision that has been taken, the sanctions cover …

The Energy Information Administration (EIA) Data showed, on Saturday, that Iraq’s export oil to the United States climbed to 270 thousand bpd. EIA stated in a report, “The United States oil exports recorded 5,728 thousand bpd in the fourth week of April.” The top three source countries of U.S. import …

Every day, the sun ejects large amounts of a hot particle soup known as plasma toward Earth where it can disrupt telecommunications satellites and damage electrical grids. Now, scientists at the U.S. Department of Energy’s (DOE) Princeton Plasma Physics Laboratory (PPPL) and Princeton University’s Department of Astrophysical Sciences have made …

OPEC is encouraging its members to engage with the U.S. administration over a proposed U.S. bill against the group, known as NOPEC, and to explain that passing the bill could put at risk U.S. interests abroad. A U.S. House panel passed a bill this week to open OPEC to lawsuits …

The United States is still putting the finishing touches on its plan to cut its greenhouse gas emissions by 2030, ahead of a summit this week with world leaders, including Russia’s President Vladimir Putin and China’s President Xi Jinping. President Joe Biden’s administration has been pressing other countries to make …

Under growing pressure from investors to address climate change, Exxon Mobil on Monday proposed a $100 billion project to capture the carbon emissions of big industrial plants in the Houston area and bury them deep beneath the Gulf of Mexico. Exxon, the largest U.S. oil company, wants to create a …

Saudi Aramco’s investment arm was among a group of investors who awarded SR187.5 million ($50 million) to a Seattle-based manufacturing and technology software company. Seeq Corp. said it had raised the new funds as part of a Series C funding round as the group of investors backing the financing were …

The US oil industry faces a new oil price war if shale production rebounds next year by rising 1 million bpd compared to this year, chief executive at shale giant Pioneer Natural Resources said at BloombergNEF’s annual summit. Last year, the OPEC+ group broke up their production pact in March …

President Joe Biden has assured foreign governments that the United States will make steep cuts in greenhouse gas emissions over the next decade, a pledge designed to reassert U.S. leadership on climate change and spur other industrial powers to make similar commitments in the run-up to Biden’s climate summit next …