US | Egypt Oil & Gas - Part 22
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.
US Shale Production Increases for February Even as Rig Count Falls
U.S. shale production continued to tick upwards in February despite months of price volatility and falling rig counts, a new report by Platts said.
Oil Prices Driving US Shale Bankruptcies and Junk Bond Growth
The rise in junk bonds and bankruptcies are the latest sign of stress in the petroleum sector
US Businessmen, Politicians Up in Arms Over First Ever Fracking Rules
U.S. drillers already reeling from a six-month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit.
