US | Egypt Oil & Gas - Part 16
US Oil Futures Steady Despite Iranian Incident
U.S. oil benchmark futures held steady around $57 a barrel before government data forecast to show crude inventories expanded from a record.
Gasoline Prices at 4 Month High in US
Gasoline prices are climbing again, pumped up by a rallying oil market and a seasonal switch to more expensive summer-blends, but motorists still are enjoying the cheapest springtime fuel in six years.
Crude Oil Price Climbs as Analysts Fear Disrupted Supply from Middle East
Brent crude oil has increased to $65.37 per barrel amid concerns over disrupted supply from Middle East and slowdown in US shale oil production
Contaminated Crude Being Shipped from US to Asia
One million barrels of oil. Enough to fill more than 60 Olympic-sized swimming pools. And there it sat in tanks outside San Francisco -- for three years -- despite crude prices that topped $100 a barrel.
Canadian Banks Liable to US Shale Producers After Plunging Oil Prices
Canada’s biggest banks are on the hook for at least $478 million of the $26 billion owed to U.S. oil and gas firms that bought protection against plunging crude prices.
Oil Production From Major US Shale Fields Increases 1% Over February
Oil production from key shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March versus February, according to Bentek Energy, an analytics and forecasting unit of Platts, ...
Acwa Holdings-Air Products to Build World’s Largest Industrial Gas Complex in Saudi
Acwa Holding, a regional infrastructural developer in the power and water sectors, said along with its joint venture partner US-based Air Products, it has won a major contract from Saudi Aramco to build, own and oper ... US Shale Drillers Plan Strategy
American oil drillers, battered and bruised by the steep drop in crude prices, are descending on Houston this week to plan their survival.
