Russian oil giant, Rosneft, has informed that it will not be able to resume drilling in the Kara Sea in 2015 due to the consequences
Tag: Texas
Oil-Rich U.S. States and Energy Firms to Face Slowdown due to Cheap Crude
Some of American major oil companies are beginning to show the first sign of slowdown in response to the plummeting crude prices as oil hits
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 would buy Athlon Energy Inc, an
U.S. Cannot Seize Kurdish Oil for Now
Yesterday, a U.S. judge said she lacked jurisdiction to seize a tanker carrying 100 million USD in Iraqi Kurdish crude due to the ship’s distance
Exxon Mobil Considers a Multi-Billion Investment in the US
ExxonMobil Corporation is considering a multi-billion plan to expand its Beaumont refinery in Texas to make it the biggest refinery in the United States. The
Final Push to Approve Keystone XL Pipeline?
At the beginning of this month, US Senators Mary Landrieu and John Hoeven introduced a bill to approve the controversial Keystone XL Pipeline. According to