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United States Oil & Gas News. Service for global professionals. Constantly updated news and information about United States.
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Latest United States Oil & Gas News

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  • OPEC should maintain output: Arab oil ministers 5 Dec 2009 05:32 GMT
    ... Cairo: Arab oil ministers of OPEC said on Friday that ... a conference of the Organisation of Arab Petroleum Exporting Countries (OPEC) from Saturday. "We still ... following news of shrinking unemployment in the United States, the world's top energy-consuming nation. Brent North ...

  • Oil slides below $76; eyes dollar, equities 5 Dec 2009 02:18 GMT
    ... NEW YORK: Oil prices fell below $76 a barrel on ... tempered by considerations of the overhang in petroleum supplies," said Gene McGillian, analyst at Tradition ... said high oil inventory levels in the United States, especially at the delivery point of U.S. ...

  • Legislature needs to know of gas pipeline progress 5 Dec 2009 03:53 GMT
    ... are we on the North Slope natural gas pipeline? Are we close? Are we at ... tankers to deliver the gas to the United States. Just one of those tankers, according to ... it doesn't have an endless supply of oil to provide that money, a fact seen in the ...

  • Oil falls $1 as dollar strengthens 5 Dec 2009 05:30 GMT
    ... NEW YORK (Reuters) - Oil prices fell nearly $1 to below $76 ... said high oil inventory levels in the United States, especially at the delivery point of U.S. ... the issues facing the Organization of the Petroleum Exporting Countries when it meets on Dec ...

  • The Canada-Nova Scotia Offshore Petroleum Board issued a call Friday for companies to bid for exploration licences on two new offshore shallow water blocks. 5 Dec 2009 01:04 GMT
    ... Obama's lead at next week's Copenhagen climate summit, aligning its policy for cutting greenhouse gas emissions with that of the United States, the federal environment minister says. A Nova Scotia man was found not guilty Friday ...

  • U.S. officials: Obama to press new round of Iran sanctions in January 5 Dec 2009 01:23 GMT
    ... of Iran's Revolutionary Guard Corps, which the United States already has applied, and on Iran's petroleum industry, which the Obama administration is considering." ... noting that some moves could affect world oil markets. "We are looking to find what ...

  • U.S. officials: Obama to press tighter Iran sanctions in January 5 Dec 2009 01:37 GMT
    ... of Iran's Revolutionary Guard Corps, which the United States already has applied, and on Iran's petroleum industry, which the Obama administration is considering." ... noting that some moves could affect world oil markets. "We are looking to find what ...

  • AP sources: US eyes January for new Iran sanctions 5 Dec 2009 00:16 GMT
    ... of Iran's Revolutionary Guard Corps, which the United States already has applied, and on Iran's petroleum industry, which the Obama administration is considering. ... noting that some moves could affect world oil markets. "We are looking to find what ...

  • U.S. officials: Obama to press for tighter Iran sanctions in January 5 Dec 2009 05:32 GMT
    ... of Iran's Revolutionary Guard Corps, which the United States already has applied, and on Iran's petroleum industry, which the Obama administration is considering." ... noting that some moves could affect world oil markets. "We are looking to find what ...

  • Qatar inflation seen low, rates on hold 5 Dec 2009 00:58 GMT
    ... slowed sharply in the Arab Gulf after oil and property prices plunged. Qatar’s economy enjoyed strong growth ... the Gulf, as the world’s top natural gas exporter kept its oil and gas output ... banks in the region, Europe and the United States, keeping its main repo rate at 5.55 ...

  • West Texas 'clean coal' plant gets $350 million federal grant 5 Dec 2009 05:35 GMT
    ... A proposed $1.7 billion "clean coal" plant to be ... plant would be injected into Permian Basin oil fields in West Texas to enhance petroleum ... she said "personally championed the project" in Washington. She also praised various state legislators, including ...

  • Feds fund Sapphire Energy algae project 5 Dec 2009 00:55 GMT
    ... has developed a proprietary process for turning oil from algae into renewable gasoline that is ... because its algae-based gasoline can simply replace petroleum as fuel for ground and air transportation, ... and expansion of algae-based biofuels in the United States,” Brunner said. “An investment this large in ...

  • Resource Cursed 5 Dec 2009 01:26 GMT
    ... Imagine a tiny country flush with oil money, where the wealth per person is ... Equatorial Guinea's exports end up in the United States. Equatorial Guinea is a textbook case ... President Obiang, including two mansions in suburban Washington. Obiang's eldest son allegedly spent more on ...

  • Hawaii to Receive $48,000,000 for BioFuel Initiatives 5 Dec 2009 00:12 GMT
    ... By Marvin Buenconsejo , 12/4/2009 1:51:40 PM WASHINGTON –Hawaii will receive $48,000,000 to fund a ... production of bio-fuels that could replace imported oil. Not only will this investment improve our ... development of a biomass industry in the United States. The projects selected today will produce ...

  • UPDATE - ECB'S Bini Smaghi: euro zone recovery gradual 5 Dec 2009 02:11 GMT
    ... International industry news provided by Financial News USA. A recovery in the euro zone economy will be ... Caribbean and Pacific (ACP) countries and the United States. "The deal is all but done. But ... 23 arbitration claim by the second-largest U.S. oil company, Chevron, which opened a new front ...


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