US | Egypt Oil & Gas - Part 12
IS-Produced Fuel Allegedly Sold in Europe
Fuel produced by Islamic State is suspected to be sold at gas stations in Bulgaria, while the trade is further aiming for Europe.
US to Offer 45m Acres in Exploration Bids in Gulf of Mexico
The US Bureau of Ocean Energy Management (BOEM) announced it would offer approximately 45m acres in the Gulf of Mexico for oil and gas exploration and development in two March lease sales.
Omani First Crude Cargo May be Heading to US in 3 Years
The US could receive its first Oman crude cargo in three years as the price of West Texas Intermediate (WTI) crude futures rose above Omani oil futures, Dubai Mercantile Exchange (DME). The prices for Middle East fut ...
EU Expects Nuclear Sanctions on Iran Lifted Soon
The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran's efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule.
Nigeria Expects US to Resume Crude Oil Purchase
The US is believed to soon resume its oil trade relations with Nigeria by purchasing 'very limited' quantities of Nigeria's crude, according to a statement by Nigeria's Minister of State for Petroleum, Ibe Kachikwu.
US Shale Oil Production Expected to Decline
U.S. shale oil production is expected to fall by above 600,000b/d in January as oil prices remain slashed to seven-year low, according to a U.S. government forecast.
Taqa to Divest Itself of its Sole US Wind Power Asset
Abu Dhabi National Energy Co., or Taqa, has filed with US energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota. World Powers to Aid in Iran’s Arak Reactor Redesign
A document released by Iran's state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce weapons ...
