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US and International News
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May 24, 2017
TEHRAN, Iran — Iran on Wednesday signed a deal worth $615 million — or euros 550 million — with a Spanish-Iranian consortium under which the group will provide pipes used in Iran’s oil industry. It was the first major deal for Iran’s oil industry since Preside… Read More ➝
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May 18, 2017
BISMARCK, N.D. — American Indian tribes who are still fighting the Dakota Access oil pipeline in court have dropped an appeal of a federal judge’s decision that allowed fin… Read More ➝
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May 16, 2017
BISMARCK, N.D. — Tribes representing tens of thousands of indigenous people in the U.S. and Canada will be signing a declaration against the planned Keystone XL oil pipeline. Leaders … Read More ➝
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May 15, 2017
BISMARCK, N.D. — TransCanada Corp. is reassessing whether oil producers in North Dakota and Montana are still interested in shipping crude through its long-delayed Keystone XL pipeline now that they have other new options to ship their product, including the Dakota Access pipeline. T… Read More ➝
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May 15, 2017
MOSCOW — Russia and Saudi Arabia said Monday they want to extend oil production cuts through the first quarter of 2018, in a move the two major producers say would support the mar… Read More ➝
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May 12, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 885. A year ago, only 406 rigs were active amid a slump in energy prices. Houston oilfield services company Baker Hughes Inc. said Friday that 712 rigs sought oil and 172 expl… Read More ➝
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May 11, 2017
BAGHDAD — Iraq and Algeria support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to try to boost prices, they said in a joint s… Read More ➝
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May 11, 2017
COPENHAGEN — Danish shipping and oil group A.P. Moller-Maersk says its first-quarter profit increased by 19.1 per cent to $253 million, partly thanks to an improvement at the energy division. Revenue of $8.96 billion was just higher than in the same period a year earlier. Chie… Read More ➝
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May 10, 2017
WASHINGTON — The Trump administration said Wednesday it is moving forward on seismic surveys in the Atlantic Ocean, the first step toward offshore drilling in a region where it has been blocked for decades. The Interior Department said it is reviewing six applications by energy compa… Read More ➝
