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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.
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. trillion lost to money laundering.
The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. This commitment was reiterated during a joint phone call between: Hayan Abdul Ghani Abdul Zahra, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil.
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.
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To mark International Womens Day, Oil Review Middle East asked the co-founder and CEO of CorrosionRADAR to share her remarkable 20-year journey in engineering and industrial technology. Oil Review Middle East: Why are industry awards important to you? Oil Review Middle East: What did your education and early career look like?
First, Interior issued a Final Rule, which reassigns the responsibilities for certain regulations governing offshore wind from BOEM to BSEE. This reassignment aligns the wind regulatory process more closely with the oil and gas framework in terms of the division of responsibility between the two sub-agencies.
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 requires greater remediation than government standards, a jury may consider and award such “excess remediation” damages.
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Union Oil Co. 250, Subpart N, as support for the notion that “BSEE’s primary enforcement mechanisms for violations of the decommissioning regulations are civil fines and criminal penalties,” police powers to which Sojitz cannot subrogate. Marubeni Oil & Gas (USA), Inc. , Sojitz Energy Venture, Inc. of California , 394 F.
Governments are strengthening their support for charging infrastructure, and a healthy mix of private and public chargers is emerging. The AMPECO system is built with redundancy and failover mechanisms, making sure of high availability to keep services operational even in the face of hardware, software, or network failures.
ATHOS I had its genesis in a 2004 vessel allision and oil spill on the Delaware River between New Jersey and Pennsylvania. The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” Delivery was to occur at CARCO’s marine terminal in Paulsboro, New Jersey.
The Federal Ministry of Oil has confirmed the completion of procedures for resuming the export of oil produced in the Kurdistan Region through Ceyhan Port (pictured), in accordance with the mechanisms outlined in the Budget Law and its amendments and within Iraq's OPEC production quota. By John Lee.
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