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Crescent Point Energy’s withdrawal from Canada’s largest oil and gas lobbying group was called partisan by political scientist Keith Brownsey, citing two major conservative parties’ announcement to merge just five days before the withdrawal was announced.
The proposed cut, first announced in April, is the latest in a series over the past two years following earthquakes causing major damage to properties in the northernmost region of the Netherlands.
Companies' disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure gathers pace, climate finance experts said on May 23.
Brazil is facing another political crisis, but its oil and gas sector will be fine, ANP says.
Trump's White House wants to sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of plans to balance the budget over the next 10 years.
The Trump administration on May 16 formally launched its effort to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico to try to win better terms for U.S. workers and manufacturers.
The ministry said in a statement that the minimum extra royalty payments for the June shallow-water auction range from 8.5% to 24.8% depending on the block, while two onshore auctions set for July have minimum values that range from 2.4% to 3.9%.
Associations representing the drilling, refining, mining, and building industries have submitted hundreds of pages of documents to the Commerce Department and Environmental Protection Agency (EPA) in recent weeks, outlining regulations they want to see eliminated or modified.
Some countries may be better positioned to attract investment to meet future demand, according to a global risk consultancy.
The minister did not say where the company would exercise its rights, but he said it would not do so in all of the areas up for auction in the presalt region.
Using oil and gas industry technology and land-based wind technology, the U.S. offshore wind sector could help close the gap in electrical generation by 2050.
A legislative move designed to shore up energy supplies will be triggered only when a shortage has been identified and will apply to export operations, Matt Canavan said.