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24.01.2014 Iran exaggerates oil export figures - US

Iran is exaggerating its crude oil export figures and won’t be allowed to sell more than 1 million barrels a day over the next six months, U.S. officials involved in managing sanctions against the country said, Bloomberg reported on January 24.

13.01.2014 US Alaska governor unveils plan for gas pipeline

Gov. Sean Parnell on January 10 announced a new way forward on a long-hoped-for natural gas pipeline that includes scrapping the terms of a 2007 law he says no longer works well for the situation, AP has reported.

09.01.2014 SandRidge sells Gulf of Mexico assets to Fieldwood Energy for $1.12 billion

Oklahoma City oil and gas explorer SandRidge Energy Inc.

08.01.2014 U.S. oil output growth to slow - EIA

The pace of U.S. oil production growth will begin to slow in 2015, even as global demand continues to rise, allowing OPEC to pump more crude for the first time in three years, U.S. government forecasts showed on January 7, Reuters has reported.

06.01.2014 U.S. oil imports fall to record low

U.S. crude-oil imports fell to the lowest level in almost 16 years as domestic output rose, Bloomberg reported on January 3, citing the Energy Information Administration.

18.12.2013 US Official Hails Azerbaijani Gas Investment Agreement

The diversification of energy supply is beneficial to all parties, Acting Assistant Secretary for the Office of Policy and International Affairs (PI) of the U.S. Department of Energy Jonathan Elkind said on December 17, Azernews has reported.

17.12.2013 WTI Oil Falls Last Week

West Texas Intermediate fell amid speculation that gasoline and distillate stockpiles increased last week in the U.S., signaling ample supply in the world’s biggest oil consumer, Bloomberg reported on December 17.

12.12.2013 BHP Billiton to Spend $4bn Per Annum to Expand US Onshore Production

BHP Billiton said on December 10 its U.S. shale business should generate cash from 2016, contributing almost $3 billion a year to the group by the end of the decade, Reuters has reported.