article thumbnail

India Plans Coal Trading Exchange as Domestic Supply Soars

OilPrice

Indias Coal Ministry is proposing to establish a coal trading exchange as domestic coal production jumps with the government push for higher output and sector reforms allowing private firms to operate mines. The surge in domestic coal supply would change the existing mechanisms

Mechanic 190
article thumbnail

Government dialogue vital for North Sea growth, UK jobs & energy security

Offshore Energies UK

The UK Government should support continued production of homegrown oil and gas while accelerating renewables to ensure a successful future for the North Sea, according to the leading representative body for the UK offshore energy industry. That is important and welcomed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Emissions crackdown could fast-track Australian CCS projects

Energy Central

SAFE GUARD MECHANISM IMPACT ON GAS PRODUCERS AND CCS The Australian Government's Safeguard Mechanism (Crediting) Amendment Bill 2023 has been passed by Parliament, with the new arrangements taking effect from 1 July 2023.The

article thumbnail

The Vietnamese Government has recently issued Decision No. 05/2024/QD-TTg on March 26, 2024, regulating the mechanism for adjusting the average retail electricity price. Effective - May 15, 2024

Energy Central

Key points are as below: Annual Adjustment of retail electricity price: All-round factoring (generation, transmission, distribution, system operation, and market transaction management).

article thumbnail

Gold for oil policy at risk of illicit financial flows – ISSER

Reporting Oil and Gas

The Institute of Statistical Social and Economic Research (ISSER) warns that the government’s ‘Gold for Oil’ policy, designed to tackle the foreign exchange demands of oil importers, is susceptible to Illicit Financial Flows (IFF). trillion lost to money laundering.

Oil 52
article thumbnail

Overturning 8 Years of “Palpable Error,” The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. If (and only if) an express contractual provision allows greater remediation than government standards, a jury may consider and award such “excess remediation” damages.

E&A 105
article thumbnail

Baghdad Reaffirms Full Compliance with OPEC+ Agreement

Iraq Business News: Oil & Gas

The government is preparing for the resumption of Kurdistan oil exports via the Iraq-Turkey pipeline. According to what the Ministry described as data issued by secondary sources approved by OPEC , Iraq's crude oil production in January 2025 stood at 3.999 million barrels per day (bpd), reflecting adherence to agreed production levels.

Oil 40