BHP to Be the First to Sell U.S. Oil without Washington’s Consent
BHP Billiton Ltd, the Anglo-Australian mining company, is going to become the first firm to export lightly processed ultra-light …
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U.S. Secretary Promised to Make a Quick Decision on Keystone XL
U.S. Secretary of State John Kerry promised on Tuesday (28 October) during his official visit to Canada to make …
Iraq’s Kurds Increase Capacity of Oil Pipelines
Iraqi Kurds are planning to boost the capacity of oil pipelines via Turkey to 700,000 barrels (bpd) per day. …
Saudi Arabia Supplies Less Crude to World Markets
Saudi Arabia, the world’s biggest oil producer, supplied less oil in September than in August despite higher output. The …
Two Libya’s Governments Claim Control of Oil
The rival government controlling Tripoli, Libya’s capital, announced its own policies last week, thus putting itself in the opposition …
Kuwait to Challenge Saudi Arabia in a Battle for Asia’s Oil Market
Kuwait seeks to challenge its traditional Gulf ally and bigger neighbour, Saudi Arabia, in a contest over market share …
Washington Does Market Research on Oil Companies ‘ Export Plans
The U.S. government has pursued a research among energy companies asking them to fill in a one-page questionnaire about …
Encana Corp Snaps Athlon Energy Inc for $5.93 Billion in Cash
Canada’s Calgary-based company, Encana Corporation, a producer and transporter of natural gas, oil, and natural gas liquids, announced it …
First Alaskan Crude in a Decade Headed for South Korea
The first American export of Alaskan crude oil is heading for South Korea for the first time in more …
Statoil Puts Off its Sand Oil Project, Opponents to Keystone XL Pipeline Celebrating
Last week, Stavanger-based oil company Statoil said it would put off its 40,000-barrel-a-day Corner project for a minimum of …