US | Egypt Oil & Gas - Part 11

Power Africa to Get $1b in US Aid

More than $1b in debt and financing commitments from US agencies and private investors under Africa energy initiative, Power Africa, have been finalized.

Nigeria, Angola Crude Exports to US Increased

Nigeria's and Angola's crude oil export to the United States has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016.

US Sets Rule to Cut Methane From Oil, Gas

The Obama administration issued a final rule to sharply cut methane emissions from US oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next d ...

US ‘Deeply’ Concerned Nord Stream Pipeline Is Security Threat

The United States is "deeply" concerned about the Nord Stream-2 gas pipeline project as a threat to national security. Many EU governments complain it increases dependency on Russia's Gazprom.

BP to Pay $20b in Environmental Damage Over 2010 Oil Spill

In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mex ...

TransCanada to Buy Columbia Pipeline Group for $10.2b

TransCanada, the company behind the controversial Keystone XL oil pipeline, said it will buy Columbia Pipeline Group for $10.2b, creating one of North America’s largest regulated natural gas transmission businesses.

US Gulf Oil, First Foreign Co. to Enter Mexico’s Gasoline Market

US based Gulf Oil LP it is entering Mexico's gasoline retail market, becoming the first foreign company to do after the energy reform that ended more than seven decades of government monopoly in the sector.

US Presidential Candidate Clinton Calls for Sanctions Against Iran

US Democratic presidential front-runner Hillary Clinton called for sanctions against Iran after the Islamic Republic brushed off US concerns and test-fired two ballistic missiles that it said were designed to be able ...

Chevron Cuts Capital Spending Plans for 2016-2018

US energy giant Chevron said it was further cutting spending plans for 2016-2018 to address low oil and natural gas prices that are hammering its profits. The company will also slash 10% of its workforce in 2016.

Exxon Mobil Records First US Crude Export

After a 40-year ban on US oil exports was lifted, Exxon Mobil Corporation became the first major American oil company to export crude oil trying to ease the crisis in the oil market in the US, together with other oil ...

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