US | Egypt Oil & Gas - Part 21

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.

Saudi Company to Use American Shale Gas in UK PetroChem Plant

Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain,

Alaska’s Prudhoe Bay Loses Top-Producing US Oilfield Rank

Prudhoe Bay is no longer No. 1 in the U.S. oil world, experts say.

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 ...

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