Supertanker load of US oil arrives in Europe for first time in six years
Supertanker Vessel Solana, with around 2 million barrels of US oil, has docked at the Spanish port of Bilbao in mid-April, after which he left…
Number of tankers carrying LNG from US to Europe increases
The number of tankers transporting liquefied natural gas (LNG) from the US to Europe has increased by one-third over the weekend, from 15 to 20…
Anti-OPEC+ Officially Emerges
Tuesday marked the official emergence of an “anti-OPEC+”. That’s according to Rystad Energy’s senior oil markets analyst Louise Dickson, who described the newly emerged group…
US in contact with Europe over energy crisis – Ned Price
The United States is in close contact with its European allies and partners in the wake of the energy crisis, State Department spokesperson Ned Price…
US looking at every means to lower energy prices – Psaki
The Biden administration continues to engage with OPEC producers and look “at every means we have to lower gas prices,” White House Press Secretary Jen…
Azerbaijan in forefront of energy security, US Ambassador says
Over the years, Azerbaijan, together with its commercial and strategic partners, has built resilient energy infrastructure, US Ambassador to Azerbaijan Earle Litzenberger said during a speech at…
US imported oil from Iran for first time since 1991
Iran, for the first time since November 1991, exported oil to the US in the amount of 33,000 barrels per day, according to the Energy…
US pipeline operator shuts down network after cyber-attack
Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network after a cyber-attack, the company said in a statement on Friday, Report informs, referring to Reuters….
Saudis cutting US oil prices, raising rates for Asian buyers
Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, signaling the kingdom’s confidence in the region’s economic recovery, according…
A Better Way to Cut the Orphan Well Backlog?
Orphan oil and gas wells are idle wells with unknown or insolvent operators, according to the Interstate Oil and Gas Compact Commission (IOGCC). IOGCC data…
US President Biden Extends Sanctions against Iran
US President Joe Biden extended the sanctions regime against Iran introduced by Washington in 1995 “The actions and policies of the Iranian government continue to…
Exporting US Shale Boom Has Changed Oil Forever
(Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale crude shipment overseas….
US, Russia top energy officials discuss oil prices, agree on dialogue involving G20
The oil market has been extremely volatile since early March after OPEC+ members failed to reach an agreement on oil production cuts, and also amid…
Oil gains after U.S.-China trade deal, rise in inventories
Oil prices rose on Thursday after the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese purchases of…
OPEC-US “war” will maintain oil prices at $ 60-75/bbl
In addition to the fact that the confrontation between the OPEC and the shale oil sector in the United States is the major issue in…
WSJ: ExxonMobil seeks US waiver to resume Russia oil venture
Exxon has been seeking US permission to drill with Rosneft in several areas banned by sanctions and renewed a push for approval in March. Exxon…