Tag Archives: United States of America

The United States just wants its allies to understand its position on Nord Stream 2 pipeline, which is set to carry gas from Russia to Europe, and it’s “unfortunate” that the project became a contentious point, US Secretary of State Antony Blinken told CNN. Washington has repeatedly shown its displeasure …

The United States shale industry’s era of “newfound prudence” could be coming to an end. After a devastating 2020 for U.S. oil, the mood in the shale sector has been historically reserved, with drillers focused on balancing their books and getting into the black before overextending with new exploration. This …

Syrian Oil Minister Bassam Toma’a has revealed that around 90 per cent of Syrian oil is under the control of US forces, Aram News Network reported on Friday. “The Americans and their followers are acting like pirates as they are targeting the Syrian oil wealth and oil supplies,” the Syrian …

The American Petroleum Institute, the largest fossil-fuel lobby, is joining the call for pricing carbon as one way to lower U.S. emissions and slow global warming. In its release out Thursday, API said it backs “sensible legislation that prices carbon across all economic sectors while avoiding regulatory duplication.” The stance …

As the shift in oil demand from Covid-19 turned the tables of regional levels of fuel production and exports, China succeeded in overtaking the USA as the world’s biggest oil refiner in 2020. As China began to ramp up its refining capacity throughout the pandemic, the US Energy Information Administration …

A slump in Europe’s travel industry could have a knock-on effect for oil and gas as lockdowns spread across Europe once again. European airline shares plunged this week as Germany, France and Italy all announced new lockdown measures to be introduced over and beyond the Easter period. Vacation travel is …

The U.S. is maintaining the pressure on Germany over a new gas link to Russia, with Secretary of State Antony Blinken insisting the Nord Stream 2 pipeline runs counter to the interests of the European Union. “It’s in contradiction to the EU’s own energy security goals,” Blinken told reporters in …

Azerbaijani Minister of Energy Parviz Shahbazov received US Extraordinary and Plenipotentiary Ambassador to Azerbaijan Lee Litzenberger, the Azerbaijani Ministry of Energy told Trend. The sides discussed cooperation between Azerbaijan and the US in the energy sector. The importance of the exchange of practices between the two countries in the field …

In the latest Short-Term Energy Outlook for the week of 4 March to 10 March 2021, EIA reveals the Henry Hub spot price fell from $2.84 per million British thermal units (MMBtu) last Wednesday to $2.60/MMBtu this Wednesday. Natural gas spot prices fell at most locations in this time frame. …

U.S. crude oil production is expected to fall by 160,000 barrels per day (bpd) in 2021 to 11.15 million bpd, the U.S. Energy Information Administration (EIA) said on Tuesday, a smaller decline than its previous monthly forecast for a 290,000-bpd drop. The agency said it expects U.S. petroleum and other …