According to a report by Reuters, on Wednesday, a rocket hit a site in southern Iraq used by foreign oil companies, including US energy giant ExxonMobil, wounding three people and escalating tensions..
For decades, elected leaders and corporate executives have chased a dream of independence from unstable or unfriendly foreign oil producers. Mission accomplished: Oil companies are producing record.. bizjournals - Published
Without offering specifics, the president says he is increasing sanctions as Washington accuses Tehran of downing a U.S. drone and attacking foreign-owned oil tankers in the Gulf of Oman. NPR - Published
· *The Trump administration announced last week it would impose sanctions on Venezuela's state-run oil industry.*
· *That could lead to higher energy prices, especially in wake of the US withdrawal.. Business Insider - Published
DILI, East Timor (AP) — East Timor's president has vetoed the government's budget, possibly jeopardizing plans to develop the Greater Sunrise oil and gas field, seen as crucial to the impoverished.. SeattlePI.com - Published
North Korea has accelerated a little-known program to use its abundant coal supply to produce synthetic gas, helping the isolated nation reduce its dependence on foreign oil and withstand sanctions.. Wall Street Journal - Published
America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal -- even if likely brief -- moment toward what U.S. President Donald.. Newsmax - Published
· *President Donald Trump suggested the US military's presence in the Middle East is tied to the region's oil in an interview with The Washington Post published on Tuesday.*
· *The idea, which he.. Business Insider - Published
Iraqi Oil Minister Jabar al-Luaibi was reported on Wednesday by Reuters, citing:
Iraq should increase oil output capacity.
Will support foreign oil companies to facilitate their work, overcome.. FXstreet.com - Published
Petroleum scientists agree that the U.S. will eventually run out of oil. They just cannot predict exactly when because of many variables. We will run out sooner if the rate of use increases, we ship.. Seattle Times - Published
· *Democrats are attacking President Donald Trump for the recent surge in gasoline prices.*
· *They say Trump's decision to pull out of the Iran deal is hurting American consumers at the.. Business Insider - Published
Rising gas prices at the pump as we enter the summer driving season threaten to offset the benefits of President Trump’s tax cuts. Experts are are calling on U.S. policymakers to address both.. USATODAY.com - Published
A trust linked to Venezuela's state oil company PDVSA has filed a lawsuit against major international energy trading firms for their alleged role funneling bribes to corrupt company officials in.. FOXNews.com - Published Also reported by •Seattle Times
Developers have said the terminal — which would be the largest of its kind in the nation — could help reduce West Coast dependence on foreign oil. Environmentalists and others have fought a fierce.. Seattle Times - Published
Here are the* full policy highlights *of the Republicans' Tax Cuts & Jobs Act...
The Tax Cuts and Jobs Act (H.R. 1) overhauls America’s tax code to deliver historic tax.. Zero Hedge - Published
Now that Venezuela, and its state-owned petroleum company PDVSA, were both officially declared in default on their debt by ISDA last Friday, analysts were closely watching what the insolvent Maduro.. Zero Hedge - Published
Nebraska regulators on Monday approved Keystone XL, a 1,180-mile-long (1,900-kilometer) extension of the existing Keystone Pipeline operated by TransCanada Corp.
However, the 3-2 vote in favor of.. Business Insider - Published
On September 1, 2017, the Nikkei Asian Review published an article titled, “China sees new world order with oil benchmark backed by gold”, written by Damon Evans. Just below the headline in the.. Zero Hedge - Published