Most U.S. motor gasoline exports go to Mexico
More than half of all U.S. motor gasoline exports went to Mexico in 2017. Changes to Mexico’s retail gasoline and diesel fuel markets, combined with low utilization of Mexico’s petroleum Continue Reading
Shell Makes Large Deepwater Discovery In Gulf Of Mexico
Shell has made a large deepwater exploration discovery in the U.S. Gulf of Mexico, just 13 miles from its Appomattox project that is expected to start production by the end Continue Reading
A meeting between Secretary Perry and OPEC? Unlikely, say analysts
It would be unprecedented, but Senate Democrats want the Trump administration to send Energy Secretary Rick Perry to Vienna next month for an OPEC meeting. Senate Democrats think meeting will Continue Reading
Chinese, others clamor for crude exports, but U.S. straining capacity
The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new highs and China snaps up more of it than ever before. U.S. Continue Reading
Who’s To Blame For High Gasoline Prices?
As retail gasoline prices rise to $3 per gallon across the United States, gas prices are a hot political topic in Washington once again, with the Democrats hoping to slam Continue Reading
Europe tries to correct Gazprom’s behavior
Russian energy company Gazprom is obliged to address concerns about the price of natural gas for some regional markets, the European government said. The European Commission adopted a measure that Continue Reading
Russia shares oil market view with Saudi Arabia
Russia shares many of the same positions of Saudi Arabia when it comes to decision-making about the global oil market, the country’s energy minister said. Russian Energy Minister Alexander Novak Continue Reading
Europe to Clinch Cheaper Russian Gas With Gazprom Deal
The European Union settled its multiyear antitrust case against PAO Gazprom OGZPY -1.26% on Thursday, clinching promises of cheaper and freer natural-gas flows from Russia as President Donald Trump pressures Continue Reading
‘World War III’ worries me more than economic sanctions do, Russia’s VTB Bank chief says
Diplomatic tensions and the “aggressive policy” of the U.S. toward Moscow are of more concern than economic sanctions, the president and chairman of one of Russia’s largest lenders said Tuesday. Continue Reading
Politics aside, work starts on Russia-Germany gas pipeline
A political row over Europe’s energy security is not hindering preparatory work for the subsea Nord Stream 2 gas pipeline from Russia to Germany, with dredging work starting off the Continue Reading