U.S. companies are eager to strengthen bilateral cooperation with Iraq in all industry sectors, especially in oil and gas, the Iraqi Ministry of Oil said on Thursday after U.S. Ambassador Continue Reading
Kurdistan’s fourth-quarter exports plummeted after Baghdad’s takeover of Kirkuk-area fields, but independent oil sales have risen modestly due to recent production increases. Oil tanks at Turkey’s Mediterranean port of Ceyhan, Continue Reading
Lack of sufficient reserve, low clearance speed of petrol at the ports, diversion of products are some of the reasons for the ongoing fuel crisis being experienced in the country, Continue Reading
China said on Friday it plans to create several “super-large” coal mining companies by the end of 2020 as the world’s biggest producer of the fuel ramps up years of Continue Reading
The Trump administration on Thursday proposed opening nearly all U.S. offshore waters to oil and gas drilling, a move aimed at boosting domestic energy production that sparked protests from coastal Continue Reading
An intense winter storm froze pipes and disrupted services at refineries on the U.S. Atlantic coast on Thursday, sending fuel prices higher as heavy snowfall and high winds caused electricity Continue Reading
A new offshore license schedule from the Trump administration could “open the floodgates” for drillers in the outer continental shelf, an advocacy group said. A spokesperson for the U.S. Bureau Continue Reading
It will be the deep waters like offshore Guyana that look commercial in the current market and make big and national oil companies turn a head, analysis found. Consultant group Continue Reading
The United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, according to research firm Rystad Energy. Surging shale Continue Reading
U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending December 29, 2017, 210,000 barrels per day more than the previous week’s average. Refineries operated Continue Reading
