Kurdish-Iraqi Deal Could Restore Oil Production
The two sides reached an accord that is expected to lead to the restart of oil flows through a Kurdish pipeline to Turkey, which has been shut down since last Continue Reading
Kirkuk oil still hostage to political stalemates
Kurdistan’s export pipeline to Turkey is the key to unlocking stranded Kirkuk production, but Baghdad, Erbil, and Ankara cannot agree on terms. Iraqi Prime Minister Haider al-Abadi (center) and Oil Continue Reading
Seventh oil discovery made offshore Guyana
Production from offshore Guyana to more than a half million barrels per day is supported with the latest oil discovery, the seventh for a partnership. Exxon Mobil announced oil was Continue Reading
U.S. Ponders New Sanctions As April Elections In Venezuela Near
An anonymous official from the U.S. State Department said no decision had been made regarding the upcoming round of punitive measures against President Nicolas Maduro’s regime, however. Officials are reportedly Continue Reading
Venezuela’s Maduro hollows out his nation
The situation in Venezuela is not improving. You are probably aware of what afflicts the country: Spiraling and overlapping economic crises (largely of the government’s own making) emptied store shelves Continue Reading
Exclusive: U.S. mulls sanctions on Venezuela to put pressure on Maduro
The Trump administration is considering sanctioning a Venezuelan military-run oil services company and restricting insurance coverage for Venezuelan oil shipments to ratchet up pressure on socialist President Nicolas Maduro, a Continue Reading
China beats 2017 coal-fired power capacity reduction target:
China eliminated or suspended 65 gigawatts (GW) of coal-fired power capacity in 2017, exceeding the national target of 50 GW, the state-owned Xinhua news agency reported on Thursday, citing the Continue Reading
Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the Week Ending February 23, 2018 U.S. crude oil refinery inputs averaged about 15.9 million barrels per day during the week ending February 23, Continue Reading
U.S. crude oil production hit all-time record in November: EIA
U.S. crude oil production shattered a 47-year output record in November, and then retreated slightly in December, the Energy Information Administration said on Wednesday, as oil production from shale continued Continue Reading
U.S. Agriculture Secretary seeks to calm farmers after Trump…
U.S. Agriculture Secretary Sonny Perdue told an agriculture conference on Wednesday that he and President Donald Trump support the country’s biofuels policy, and that any reports to the contrary are Continue Reading