US LNG Exports to Jump for First Time Since February
US liquified natural gas (LNG) exports are expected to be increased in August for the first time in six months which will help rising gas prices by more than 17%.
US | Egypt Oil & Gas - Part 5
Chevron Approves $5 B Takeover of Noble Energy
American supermajor Chevron Corporation has agreed to acquire the remainder of Noble Energy’s shares for a total of $5 billion, or $10.38 per share.
Chesapeake to Half Number of Active Rigs
Chesapeake Energy has announced its long-term plan amidst filing for bankruptcy and will operate half the number of active rigs in the second half of the year compared to Q1.
Egypt, US Discuss Strengthening Energy Ties
Egypt and the US discussed ways to strengthen ties through an Energy strategic partnership.
El Molla, Steff Discuss Boosting E&P Activities in Egypt
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met Ian Steff, Assistant Secretary for Global Markets and Director General of the US and Foreign Commercial Service at the US Department of Comm ...
Perry Praises Cooperation with Egypt in Energy Sector
Prime Minister Mustafa Madboly met Rick Perry, the US Minister of Energy, during his visit to Washington, DC.
Jordan, US Discuss Energy Cooperation
Jordan's Minister of Energy Hala Zawati and US Assistant Secretary of State for Energy Resources Francis Fannon discussed bilateral cooperation.
Aramco Cuts Arab Light Septrmber Prices for Asian Markets
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.
Saudi Oil Exports to China Hit Record Level
Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier.
SABIC Not Seeking to Acquire Clariant
Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Clariant chemicals company.
