Tag Archives: United States
In less than two decades, the United States will turn out to be a net exporter of oil in the world. By 2025, North America will become an oil exporter as well because of increasing production and energy efficiencies as … Continue reading
European Union governments’ imposed sanctions target NIOC subsidiaries, National Iranian Gas Company, National Iranian Oil Refining and Distribution, and several Iranian banks.
On 17th May 2012, the prices on oil climbed about $89 a barrel in Asia. However, China and the United States are trying to step forward to strengthen their economies.
US government granted exemptions to India along with 6 other countries including Malaysia, South Africa, Sri Lanka and Taiwan from Iran Oil Sanctions.
Oil prices in New York traded near three-day high after China’s premier Wen Jiabao asked to put in more efforts to boost the nation’s economy and speculations over Obama administration hardening its stance on sanctions against Iran on the eve … Continue reading
The prices on oil fall after 7 days surge. However, the prices on retail gasoline keep on soaring added five cents to a national average of $3.70 per gallon over the weekend.
Secretary of State Hillary Rodham Clinton and Mexico’s Foreign Minister Patricia Espinosa, sign the US-Mexico Agreement Concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico, Monday, Feb. 20, 2012, in Los Cabos, Mexico. From left are, Clinton, Interior Secretary Ken … Continue reading
The U.S. is pressurizing South Korea to cut back its Iranian oil imports in keeping with Washington’s plans to impose trade sanctions on Tehran over its nuclear program. The U.S. delegation to South Korea led by Robert Einhorn, US State … Continue reading