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Offline for a Decade, Libya’s Mabruk Field Restarts Production

OilPrice

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. According to the Chairman of Libyas National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028.

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What is the Iraq-Turkey oil pipeline dispute and who's on the hook?

Energy Central

According to the federal government of Iraq, only SOMO, a state-owned marketing company, is authorized to oversee crude exports through Ceyhan.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 premium to U.S. crude futures. million, 4.2%

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Climate Change Jurisdiction: U.S. Court of Appeals for the Ninth Circuit Kicks Climate Change Case Back to State Court

The Energy Law

Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 1331 because the cities’ claims were “necessarily governed by federal common law.” BP PLC et al., 19-1818). 19-1818).

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Labor and Employment Law FAQs Related to Hurricane Ida

The Energy Law

Employers in the manufacturing, oil, and mining industries that have at least 10 employees are required to pay wages at least twice a month and payment must be made by the payday at the end of the next payroll period. IRS Code Section 139 allows employers to make “qualified disaster relief payments” without paying income or payroll taxes.

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Chevron’s Venezuela oil contractors continue work despite impending Trump deadline

Oil & Gas 360º

(World Oil) – Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. government.

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