Will Iran Cut Production If OPEC’s Deal Is Extended?
Oil prices fell this week on oversupply concerns and while certain OPEC members have showed interest in extending the current deal, a new deal is far from certain (Click to Continue Reading
OPEC and Allies Gather as Oil Market Warns Them: Job’s Not Done
OPEC and allies reviewing the impact of their oil cuts this weekend face a market with an unambiguous message: their work is far from done. As producers meet in Kuwait Continue Reading
Nigeria: $12 Billion Trans-Sahara Gas Pipeline On Track – NNPC
The Nigerian National Petroleum Corporation, NNPC, yesterday, disclosed that it is committed to the Trans Saharan Gas Pipeline, TSGP, and that the project was still on track. According to a Continue Reading
Shell dumps assets onshore Gabon
Shell is leaving parts of Africa behind as part of a divestment streak that followed its merger with BG Group. File photo by Mohammad Kheirkhah/UPI. March 24 (UPI) — As Continue Reading
Venezuela increased fuel exports to allies even as supply crunch loomed
A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in government-sanctioned fuel exports to foreign allies and an exodus of crucial personnel from state-run energy company PDVSA Continue Reading
More Hurdles Ahead for Keystone XL, TransCanada Head Tells Trump
TransCanada Corp. said there’s more “work to do” before it can start construction of the $8 billion Keystone XL pipeline. The controversial project, which would help bring crude from Canada’s Continue Reading
Trump greenlights Keystone XL pipeline, but obstacles loom
U.S. President Donald Trump’s administration approved TransCanada Corp’s ( TRP.TO ) Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial Continue Reading
U.S. oil refiners push for biofuels overhaul at White House
U.S. oil refining executives met with a senior official in President Donald Trump’s administration at the White House last week to argue their position for an overhaul of the nation’s Continue Reading
Trump Administration Grants Pipeline Permits Without All His Promised Conditions
President Donald Trump vowed to win a “better deal” for Americans before approving the Keystone XL and the Dakota Access oil pipelines, promising to extract concessions and force the builders Continue Reading
Energy demand metrics indicate strong U.S. economy
Metrics measuring consumer demand for fuels and related products in the United States were indicative of an improving economy, a trade group said. The American Petroleum Institute reported total petroleum Continue Reading