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As Venezuela’s crisis goes deeper, government and opposition leaders refuse to talk about real changes in the country’s oil legal framework, a Venezuelan analyst says.
A Canadian court upheld a decision to grant lenders priority over environmental clean-up costs in oil-and-gas bankruptcies, raising chances more disused wells from defunct companies could become a government responsibility.
Trump this week will sign new executive orders, including two on energy and the environment, which would make it easier for the U.S. to develop energy on and offshore, a White House official said April 23.
The U.S. and EU imposed economic sanctions on Russia over its annexation of the Crimea region in 2014 and role in the conflict in eastern Ukraine.
The amended time line was a result of discussions between the government and stakeholders and will be incorporated into the proposed regulations expected to be announced at the end of April, CBC News reported.
Chevron said it was disappointed by the judgment in the case, which covers the five tax years from 2004 through 2008.
The Leeuwaarden-Arnhem Appeals Court directed them to open an investigation, saying they had not looked carefully enough at whether a crime could be proved.
The move signaled another retreat from climate change action after the Trump administration in March halted an effort to gather methane data from existing oil and gas operations to rein in leaks.
The Australian government said it was "encouraged" on steps taken to avert a gas crisis after meeting on April 19 with producers and the energy market operator.
At DUG Permian Basin, Tom Petrie advised that the U.S. is poised to become a key driver of the oil supply equation.
The largest buyers of Iranian crude have decided to reduce imports from Tehran. What does the ongoing dispute mean for the global oil industry?
The White House has said it would take a position on the agreement before a summit of the Group of Seven wealthy nations is held in late May, Reuters reported.