USA
ExxonMobil Looks to Dump $25 Billion in Oil and Gas Assets

21.11.2019: ExxonMobil is working to increase its asset sale program significantly, and is expected to give up oil and gas assets in Asia, Europe and Africa, worth up to US $ 25 billion, in order to...

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Oil prices are falling due to trade disputes between Washington and Beijing

According to Reuters, oil prices fell after the start of new tariffs imposed by the United States and China, raising fears that this will adversely affect the global growth and reduce the demand for...

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International Energy Agency: America’s largest exporter and China’s largest liquefied natural gas importer in 2024

The International Energy Agency (IEA) has predicted that the United States will become the world’s largest exporter of liquefied natural gas (LNG), while China will become its biggest importer...

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The world’s Proven oil Reserves Giants:

The latest reports on global oil reserves from approved sources, including the International Energy Agency, British Petroleum review and OPEC, indicate that the world’s largest proven oil...

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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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