US | Egypt Oil & Gas - Part 17
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BP has withdrawn its legal appeal against a range of payments made to compensate individuals and businesses affected by the 2010 Gulf of Mexico oil spill.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
US Shale Production Drops
US shale fields across the country reported production drops of a combined 80,000 b/d, the EIA
