Reuters NEW YORK – The Trump administration has argued against a petition from oil refiners asking the U.S. Supreme Court to review a lower court decision that undermined the legitimacy of the Environmental Protection Agency’s biofuel waiver program. Department of Justice officials said the court should not review the case as it does not conflict with any other Supreme Court
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Reuters WASHINGTON – President-elect Joe Biden has vowed an overhaul of U.S. energy and environment policy to fight climate change, with a goal of bringing the economy to net-zero emissions by 2050. While the plan has yet to be clearly defined, it includes things like ramping up clean energy technology and usage, reducing dependence on fossil fuels, federal procurement of
Reuters Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch Shell Plc. In 2018 and 2019, Shell earned more than $2.7 billion – about 7% of its total income in those years – tax-free
Reuters Canadian oil producer Whitecap Resources Inc said on Tuesday it has agreed to buy rival TORC Oil & Gas Ltd in an all-stock deal valued at about C$552 million ($430.81 million). The collapse in fuel demand due to coronavirus-related lockdowns has hammered energy companies in Canada, the fourth-largest global oil producer, triggering a wave of consolidation and cost-cuts in
Reuters KIRKUK -Two wells in a small oilfield in northern Iraq were set ablaze by explosives in a “terrorist attack” on Wednesday but overall production from the field was not affected, the Oil Ministry and officials said Wednesday. The Oil Ministry gave no further details about the assailants behind the explosive devices that targeted the wells in Khabbaz oilfield, 20
Are you considering building a Tax-Free Savings Account (TFSA) portfolio? The portfolio w…
Weekly Crude Oil Storage as of December 4, 2020 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 15.2 million barrels from the previous week. At 503.2 million barrels, U.S. crude oil inventories are about 11% above the five year average for this time of year, according to the EIA crude oil and petroleum
Reuters Robert Rasmus, the founder of oilfield services firm Hi-Crush Inc who profited as the business spiraled into bankruptcy, lost his positions at the firm in a recent restructuring, according to company postings. Rasmus was replaced as CEO last month by Dirk Hallen, former chief executive of oilfield firm Pronghorn Logistics, and was replaced as board chairman by Colin Leonard,
You may have heard about the “internet-of-things”… It’s all arou…
NFI Group announces Virtual Investor Day Agenda for January 11, 2021 WINNIPEG…
Williams (NYSE: WMB) today announced that its Board of Directors has appointed Rose Rob…
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