Search for US

17.07.2014 U.S. Widens Sanctions Against Russia - Targets Rosneft, Novatek, Others

President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.

01.07.2014 US alarmed with Russia-Cuba oil exploration plans

Russia has agreed to join the search for oil in deep waters between Cuba and Florida, thereby reviving fears among Americans of a possible environmental catastrophe - a large oil spill.

05.06.2014 Polish PGNiG considering LNG import from the USA

Poland’s largest gas company PGNiG is considering imports from the USA and claims that the earliest delivery of LNG gas could take place in 3–4 years, Warsaw Business Journal said on June 4.

03.06.2014 Azerbaijan plays central part in contributing to global energy supply - Obama

Azerbaijan plays a central part in contributing to the global supply of energy, and over the next two years will become a major supplier of gas to Europe, U.S. President Barack Obama's message says, Trend reported on June 3.

30.05.2014 China outspends U.S. drillers to chase shale-gas boom

China’s effort to catch up with the U.S. in developing shale gas and become more energy independent is coming at a big cost: It’s spending four times as much developing some fields, according to a new report, Bloomberg said on May 29.

30.05.2014 ExxonMobil not to cooperate with Russia’s Rosneft in Cuba

U.S. ExxonMobil has no plans to participate in Cuban deposits development by Russian oil major Rosneft because of the U.S. sanctions against Cuba, Executive Director Rex Tillerson said on May 29 at an annual shareholder meeting, Prime has reported.

30.05.2014 BP asks US court to freeze Gulf of Mexico oil spill compensation

BP has requested the US Supreme Court permission to freeze compensation claims as it waits for another judge in the court to review its litigation over businesses caught up in 2010’s Gulf of Mexico oil disaster, The Independent reported on May 29.

27.05.2014 Brent rises on worries over Ukraine, Libya

Brent crude rose towards $111 per barrel on May 27 amid supply disruption worries as Ukraine launched air strikes to put down a separatist revolt and Libya struggled to rein in rebels, Reuters has reported.

27.05.2014 Canada oil to flow any way it can to US - minister

If Canadian crude cannot be transported to the United States because of delays in building pipelines, it will go by rail, Canadian Transport Minister Lisa Raitt said on May 26, Reuters has reported.

21.05.2014 U.S. government cuts estimate of recoverable Monterey Shale oil by 96%

Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California's vast Monterey Shale deposits, deflating its potential as a national "black gold mine" of petroleum, Los Angeles Times reported on May 20.