Trump

Americas

Trump claims he ‘created’ the Texas oil industry

President Donald Trump on Monday downplayed “phony polls” showing a tight presidential race in Texas, saying he’s way ahead because he “saved the oil industry,” and later adding, “I created it.”

Oil & Gas

US imposes sanction on Russian firm Rosneft in Venezuela

The Trump administration has announced sanctions on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an US oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country.

Oil & Gas

US says no change in plans to halt Iranian oil waivers

The U.S. State Department sought to quash speculation that the Trump administration is easing its clampdown on Iranian oil exports after a sanctions waiver program ended May 2, saying there was no softening in the American stance that any country buying Iran’s oil would be subject to penalties.

OTC

US energy powers ahead

As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.