Tag Archives: United States of America

Russia hopes the incoming administration of U.S. President-elect Joe Biden will not derail producer nations’ action to boost oil markets, Russia’s Deputy Prime Minister Alexander Novak said on Monday. Russia, other leading oil producers and the Organization of the Petroleum Exporting Countries, a group known as OPEC+, have joined forces …

The Kremlin sees US sanctions against the Nord Stream 2 pipeline, expected to pump gas from Russia to Europe, as a sign of a hybrid war, presidential spokesman Dmitry Peskov said Monday. Russian billionaire Oleg Deripaska has recently said that “sanctions are a tool of a very real modern hybrid …

The US Congress has recently approved the annual Defence Authorisation Bill, which among other things included a fresh bunch of sanctions targeting the joint pipeline project by Russia’s Gazprom and several European energy giants, after previous measures failed to thwart its construction. The Nord Stream 2 pipeline “will never carry …

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday. The pipeline, which Washington says compromises European energy security, has become a flashpoint in relations between Russia and the West …

In 2020, CO2 emissions from the U.S. energy sector could be 11% lower than in 2019, according to U.S. Energy Information Administration (EIA) data through August and EIA estimates for September through December. According to values published in EIA’s December Short-Term Energy Outlook (STEO), EIA expects CO2 emissions in 2020 …

Russia has accused the United States of illegal and aggressive behaviour regarding comments made about the controversial Nord Stream 2 natural gas pipeline, which will link Russia to Germany. Comments calling for a halt to the pipeline by a US diplomat were a “political aggression and illegal resistance” against the …

The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling …

US has continued to put pressure on Germany and the EU to halt construction of the Nord Stream 2 gas pipeline linking Russia to Europe, which Washington sees as a “political tool” of the Kremlin, a top envoy said. “Now is the time for Germany and the EU to impose …

Exxon Mobil is about to incur the biggest write down in its modern history as what was once an exemplar of American capitalist might shudders under the weight of debilitated energy markets. Exxon — already hobbled by cratering crude prices, a global supply glut and a pandemic-driven collapse in fuel …

OPEC’s oil ministers have a few challenges to consider at a crucial summit next week, but for the first time in years, the U.S. shale boom won’t be at the top of the list. The global coronavirus pandemic continues to play havoc with the world’s economic sector, and oil prices …