united states | Egypt Oil & Gas - Part 3
Iran’s Potential Return Would Be Bad News for Russian Oil
In Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime will have at least one reason to reflect on its support.
Crude Oil Falls Below $60 a Barrel Amid Greek Crisis
Brent crude oil has fallen below $US60 a barrel due to concerns that the Greece crisis may stifle economic growth while also driving up the value of the US dollar.
BP Says US Shale Will Survive Oil Surplus, Iran Agreement
Shale output in the United States will prove resilient to low oil prices likely to be prolonged by the prospect of half a million barrels per day of Iranian crude making its way back to the market, BP's (BP.L) chief ...
New York State Bans Fracking Due to Environmental, Health Concerns
New York State has officially banned the use of hydraulic fracturing to extract natural gas, citing its potential impact on health and the environment.
US Rejects Appeals on 2010 Oil Spill
Justices let stand a lower court ruling that said the owners of the blown-out Macondo well could not avoid federal fines for the spill by blaming another company's failed equipment.
Fall in Crude Prices Causes Sales to Drop in US
Share sales by US oil and gas companies have slowed sharply in recent months, in a sign of the tightening financial pressures on the industry following the fall in crude prices.
Baker Hughes Claims Decline in US Weekly Oil Rig Count
Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered after falling 60 pe ...
Oil Prices Increase as Tropical Storm Approaches Texas
U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent.
