U.S.

  • US Lifted Some Oil Sanctions off Sudan

    US Lifted Some Oil Sanctions off Sudan

    Sunday, 15th January 2017
    The US government has eased sanctions against Sudan. The current decision lifts restrictions on petroleum and petrochemical industries, including oilfield services and oil and gas pipeline transactions by Americans.
  • Oman, Iran LNG Pipeline to Cost $1.5b

    Oman, Iran LNG Pipeline to Cost $1.5b

    Sunday, 18th September 2016
    A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by the UAE.
  • India, US Reduce Nigerian Crude Imports

    India, US Reduce Nigerian Crude Imports

    Monday, 15th August 2016
    Both India and the US have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy.
  • Russia’s Rosneft Dismisses OPEC as Regulator

    Russia’s Rosneft Dismisses OPEC as Regulator

    Thursday, 23rd June 2016
    Head of Russia's top oil producer Rosneft said that Saudi Arabia, the United States and Russia were the three main players on global oil markets and the role of OPEC was evaporating.
  • Hi-tech and Big Data Steps Into the U.S. Oil Industry

    Hi-tech and Big Data Steps Into the U.S. Oil Industry

    Sunday, 29th March 2015
    With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less.
  • Exxon Turns to U.S. Shale Fields to Lead International Growth

    Exxon Turns to U.S. Shale Fields to Lead International Growth

    Monday, 9th March 2015
    In a world of $55 a barrel oil, Exxon Mobil Corp. is relying on shale fields in Texas, Oklahoma and North Dakota to help fund the next wave of big overseas projects it needs to thrive in the future.