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United States
Why America’s ‘energy dominance’ waned in the Middle East
Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…
Oil Price
US Shale Supply Badly Hit by Oil Price War
Following the WTI price fall to around $30 per barrel due to an oil price war between Saudi Arabia and Russia, US shale production has been badly hit. The outlo…
ExxonMobil Plans To Sell Its North Sea Assets To Focus on US Shale Production
The firm, which has been in the UK sector for 50 years, has held sales talks with a number of operators in recent weeks, according to Reuters.Citing industry so…