US | Egypt Oil & Gas - Part 21
Jericho Further Invests in Oklahoma
Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...
Conoco CEO: U.S. Should Repeal Export Ban
The US crude export ban that was imposed in 1975 should be repealed 40 years later to ensure the US oil and gas renaissance continues, ConocoPhillips Chief Executive Officer Ryan Lance said.
Keystone XL Pipeline Bill Passes US House
The U.S. House overwhelmingly passed a bill Friday authorizing a major oil pipeline, despite a renewed pledge by the White House to veto the legislation after a state court removed a major obstacle.
LNG Facilities Proposed in Florida
Florida East Coast Industries proposed the creation of a liquefied natural gas production and distribution facility, which would be located in Titusville, Florida, according to Florida Today.
Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe
Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.
Mexico Proposes Importing US Crude
Mexico's state oil company wants to import about 100,000 barrels of light U.S. crude a day to mix with this country's heavier oil as a way to improve refinery processes.
White House Threatens Veto Over Keystone Pipeline Bill
The White House on Tuesday threatened to veto the first piece of legislation introduced in the Republican-controlled Senate, a bill approving the much-delayed Keystone XL oil pipeline, in what was expected to the fir ...
