US | Egypt Oil & Gas - Part 15

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 ...

Greens Celebrate as US Kills Keystone XL Pipeline Project

The United States government has finally rejected the controversial Keystone XL pipeline project, which was intended to ship crude oil from the Alberta oil sands of Canada down to the southern coast of the US.

Pentagon Slammed for Massive Overspend on Afghan Gas Station

The United States government watchdog for reconstruction in war-torn Afghanistan has slammed the US military for spending $43m on a gas station that could have cost as little as $500,000.

Mexico’s Crude Exports to US Drop to 25-year Low

Mexico's crude exports to the US dropped to their lowest level in 25 years in September, as the Latin American nation seeks other buyers in response to reduced demand from US refiners.

BP Withdraws Appeal on Gulf of Mexico Oil Spill Payments

BP has withdrawn its legal appeal against a range of payments made to compensate individuals and businesses affected by the 2010 Gulf of Mexico oil spill.

TransCanada Calls for More Time on Cross-border Pipeline

TransCanada, the company tasked with building a mammoth oil pipeline linking Canada and the United States, has asked the US government to postpone a final decision on whether the project will go ahead, apparently fea ...

OPEC Driving US Shale Downturn

The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg

US Oil Rig Count Drops to 5-Year Low

Rig counts for US oil drilling dropped to 614 nationwide last week, the lowest level since 2010, Bloomberg

New Federal Regulations Stifle Gulf of Mexico Drilling

Louisiana lawmakers testified recently that new federal drilling safety regulations will severally raise costs and reduce competitiveness, NOLA Media

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