Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA’s latest Petroleum Supply Monthly , Continue Reading
The U.S. oil drilling rig count rose this week for the first time in four weeks, boosting the number of rigs in the nation’s biggest oil field to the most Continue Reading
Oil is flowing from a drill site in what is now the farthest-west producing site on Alaska’s North Slope, ConocoPhillips Alaska Inc said on Tuesday. Production at Greater Mooses Tooth Continue Reading
The European Commission’s flagship policy to transform the archaic CEE natural gas markets saw a wave of billion dollar gas infrastructure projects meant to integrate the market and increase competitiveness Continue Reading
The Trump administration this March will again offer 78 million acres in the Gulf of Mexico for oil and gas leasing, the Interior Department announced Tuesday. Receive daily email alerts, Continue Reading
A steady rise in U.S. oil output will gather pace in the next five years, OPEC said on Sunday, predicting that demand for the producer group’s crude will decline despite Continue Reading
The United States is seeking to negotiate a treaty with Iran to include Tehran’s ballistic missile program and its regional behavior, the U.S. special envoy for Iran said on Wednesday Continue Reading
Russia and Saudi Arabia will continue co-operating in the long term, including on the design of a framework for the relations between OPEC and its external partners, a Russian Energy Continue Reading
There is no such thing as a category 6 hurricane or tropical storm – yet. The highest level – the top of the scale for the most powerful, most devastating Continue Reading
The U.S. will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian Continue Reading
