USA
President-elect Donald Trump nominee ExxonMobil CEO Rex Tillerson for Secretary of State

President-elect Donald Trump nominee ExxonMobil CEO Rex Tillerson for Secretary of State President-elect Donald Trump nominee ExxonMobil CEO Rex Tillerson for secretary of state, beating out a...

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EIA Slightly Raises 2015 and 2016 Oil Production Forecasts

The U.S. government on Tuesday modestly raised its 2015 and 2016 U.S. crude oil production forecasts while lowering its price outlook. In its short term energy outlook, the U.S. Energy Information...

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Baker Hughes: US Weekly Oil Rig Count Decline Slows

Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered...

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EIA: US Shale Oil Output To Fall In May, First Drop In 4 Years

The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector. According to Wood Mackenzie, the price required for companies to be cash flow neutral in 2015...

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ExxonMobil president calls for faster LNG export approvals

The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves to approve liquefied natural gas...

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API: old policies limiting US LNG exports

A new federal report on barriers to “made-in-America exports” fails to consider restrictions on LNG and 1970s-era limits on U.S. crude oil, said API. The U.S. Trade Representative says that...

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U.S. Seen as Biggest Oil Producer after Overtaking Saudi Arabia

Jul 4, 2014 The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery,...

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The U.S. Energy Information Administration announces: America considers exporting oil to Mexico and other nearby countries

The chairman of the U.S. Energy Information Administration Adam Siminski says that the growing production of the sulfur-free light oil in the United States would push Washington to move towards the...

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USA: Rail shipments of oil concern IEA

The International Energy Agency said it has concerns about the safety of oil cargoes carried by rail in the United States. The IEA said it reviewed information from the Department of Transportation...

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Sudanese oil began to flow to Port Sudan in early April.

The Sudanese government announced that oil began to flow through pipelines extending to Port Sudan in early April. The Sudanese government should use renewed oil revenue to provide a foundation to...

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