Energy Newswatch: Oil
Oil exec held for 5 years in Venezuela sues Citgo for $100M
22 Mar 2023 22:09:21 UT
HOUSTON (AP) — One of the Citgo oil executives who was held for nearly five years in Venezuela has sued his company for $100 million, alleging it conspired in his detention and then abandoned him and...
Little-Known Traders Now Rule Russian Oil Markets
22 Mar 2023 21:00:00 UT
Historically, giant commodity traders such as Switzerland's Vitol, Glencore, and Gunvor as well as Singapore’s Trafigura have dominated the global oil trade while smaller trading desks that lack the...
Venezuela’s oil, power and purges
22 Mar 2023 22:00:00 UT
by Arturo McFields Yescas, opinion contributor - 03/22/23 6:00 PM ET Share Tweet ... More by Arturo McFields Yescas, opinion contributor - 03/22/23 6:00 PM ET Share Tweet ... More Share...
LNG Industry Must Reinforce Emission Mitigation Measures
22 Mar 2023 21:09:48 UT
Experts highlight natural gas as the go-to transition fuel. However, low-carbon alternative fuels do not mean emissions-free. Moreover, the impact along the value chain of liquified natural gas...
Germany's e-fuel EU loophole could mean '135bn more litres of petrol burnt'
22 Mar 2023 21:08:45 UT
Request for exemption from ICE car phase-out would displace up to 46m electric cars, says campaign groupA shock German push to break an agreed EU-wide phase-out of conventional cars by 2035 could...
North Dakota lawmakers vote to end tax triggered by high oil prices
22 Mar 2023 20:27:00 UT
Oil companies fetching high prices for their product will likely see a reduced tax rate in North Dakota after lawmakers gave a green light to legislation backed by the petroleum industry. The...
India's February crude oil imports jump to meet growing demand
22 Mar 2023 19:47:47 UT
(Reuters) - India’s imports of crude oil in February rose about 8% from a year earlier, government data showed on Wednesday, as fuel demand hit over 2-decade highs in the world’s third-biggest oil...
Texas, oil industry sue Biden administrator over protection of prairie chickens – Reuters
22 Mar 2023 19:52:20 UT
Biden Administrator. overstated impacts of oil drilling, suits say The battles are the latest in a decades-long struggle for the chickens (Reuters) – New federal protections for an endangered...
Alberta municipalities to recover oil taxes
22 Mar 2023 19:14:27 UT
File Photo The City of Lloydminster continues to use the carrot approach to collect approximately $4,800 in property taxes for oil and gas. In a statement, it noted it does not anticipate having to...
Western Oil Companies To Bolster Presence In China’s Arch Rival
21 Mar 2023 20:00:00 UT
The signing of a memorandum of understanding (MoU) between India’s largest crude oil and natural gas company in India, Oil and Natural Gas Corp (ONGC), and France’s leading energy oil and gas firm,...

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