Russia is preparing to cut-off Ukraine’s gas supply if it refuses to honour the terms agreed in 2009, Ukraine has already signalled that it believes the terms are bad for national interests.
Hess Corp. has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately US$ 750 million.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.