US Oil Production Rises 4% in June
US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.
US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.
American energy company, Sempra Energy, has announced that it has commenced commercial operations at its Cameron liquefied natural gas (LNG) terminal in Louisiana.
Data released from the US Census Bureau has shown that US sent the first shipment of crude oil to Saudi Arabia in June since the end of banning crude exports in 2015.
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%.
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 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 and the US discussed ways to strengthen ties through an Energy strategic partnership.
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 ...
Prime Minister Mustafa Madboly met Rick Perry, the US Minister of Energy, during his visit to Washington, DC.
Jordan's Minister of Energy Hala Zawati and US Assistant Secretary of State for Energy Resources Francis Fannon discussed bilateral cooperation.