Monday, May 5, 2025
Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

Oil Prices Unaffected despite Additional Russia Sanctions and Obama’s Pledge to Ramp up Action in Middle East

President Obama addressed the nation on Wednesday night, urging Congress to increase funding, assistance and conduct “a series of strategic airstrikes” against the Islamic State, or ISIL, the group marching across Iraq that recently beheaded two American journalists on Internet broadcasts. The President vowed to support the Iraqi government by providing military training and supplies, but stopped short of placing

Government Agencies Backing Up Claim to Grant Speedy LNG Export Approvals

In May 2014, the United States government announced intentions to accelerate the review process for LNG exports. The decision came when tensions were rising among Russia and the rest of Europe regarding its involvement in Ukraine. Europe threatened sanctions and Russia warned of cutting off supplies, but there was a major problem: the sides are mutually dependent on each other.

1.3 Million New U.S. Oil & Gas Jobs by 2030:  API

The Energy and Commerce Committee of the U.S. House of Representatives put out press releases Wednesday promoting the jobs aspect of the energy revolution. In his news release, Chairman Fred Upton referred to the American Petroleum Institute’s new reportthat presents the findings of a survey of companies in America’s domestic oil and natural gas supply chain. “This study projects that