Keystone XL Pipeline Bill Passes US House

• Tuesday, 13th January 2015
• by Egypt Oil & Gas

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

• Tuesday, 13th January 2015
• by Egypt Oil & Gas

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

• Monday, 12th January 2015
• by Egypt Oil & Gas

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

• Sunday, 11th January 2015
• by Egypt Oil & Gas

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

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

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 ...

US, Saudi, Chinese firms announce $5bn energy deal

• Saturday, 31st March 2007
• by Egypt Oil & Gas

US oil giant Exxon Mobil, Saudi Aramco, and Sinopec announced in China Friday two joint ventures worth about $5 billion to operate 750 service stations and a petrochemical refinery in China.