US | Egypt Oil & Gas - Part 17
US Oil Production for 2014 at 100 Year High
U.S. crude oil production surged last year by the largest volume in more than 100 years. American producers pumped an additional 1.2 million barrels per day of crude oil and condensate in 2014 compared with the year ...
China Hopes for US Style Shale Oil Boom
In the coming decade, China's natural gas market is expected to undergo robust growth fueled by a number of environmental and economic drivers. A much discussed natural gas strategy for China is to develop its shale ...
Workers Ranks Divided Over Refinery Settlement Agreement
Striking United Steelworkers at Marathon Petroleum Corp.’s Kentucky oil refinery will return to work next week for the first time in more than two months, leaving workers at four other U.S. sites still on strike.
Iran Argues That US Misunderstands Sanction Stipulations in Nuclear Deal
An Iranian official has rejected an official piece of document by the White House stipulating that lifting sanctions imposed on Iran over its nuclear activities would be based on a step-by-step mechanism.
US Shale Oil Producers Struggle with Financing
Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, accordi ...
US State of Maine Looks to Export LNG to Europe
An energy company is looking to export natural gas to Europe from Downeast Maine, changing the scope of a project that has been in the works for over a decade.
Oil Service Company Schlumberger Fined More Than $200 Million By US
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.
Balancing Physical Risks and Financial Gains Posed by Excess US Oil Storage
Just as Wall Street says the U.S. is running out of room to store oil, it turns out there’s another 20 million barrels of empty space.
