Post Tagged with: "tax"

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

From Reuters


China Petroleum & Chemical Corp, or Sinopec, is seeking a tariff exemption for U.S. oil being imported in coming months, sources familiar with the matter said, after Beijing late last week imposed retaliatory tariffs on U.S. goods, including …

Halcón Resources Appoints New CFO as Restructuring Process Continues

Halcón Resources Appoints New CFO as Restructuring Process Continues

By Tyler Losier, Energy Reporter, Oil & Gas 360

Halcón Resources selects Ragan T. Altizer as its new EVP, CFO, treasurer
Halcón Resources Corporation (stock ticker: HKRS), currently undergoing Chapter 11 reorganization proceedings, has appointed Ragan T. Altizer as its

Diamondback Energy Running 11 Rigs, 5 Frac Crews in the Permian: Production Up 10% over Q4

Diamondback Energy Running 11 Rigs, 5 Frac Crews in the Permian: Production Up 10% over Q4

Diamondback Energy, Inc. (ticker: FANG) produced 102.6 MBOEPD in Q1 2018. This is 10% more than Q4 2017 production volumes of 92.9 MBOEPD. Diamondback is currently running 11 drilling rigs and five dedicated completion crews.

Q1 2018 average realized prices …

Hein Named to 2017 Top 100 Firms by Accounting Today

Hein Named to 2017 Top 100 Firms by Accounting Today

For the 18th consecutive year, Hein has been named as a 2017 Top 100 Firm by Accounting Today, in recognition of the firm’s continued growth and operational excellence.

For Hein, key recognition points in the Top 100 report included:

  • Improved
Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area.

OKrigsOklahoma, on the other hand, is old school. …

Chart of the Week: How much do States Rely on Severance Taxes?

Chart of the Week: How much do States Rely on Severance Taxes?

$16.7 billion in 2013

Tax season is nearing a close for Americans, and earnings season is just around the corner for oil and gas companies preparing their quarterly results. E&Ps and service providers have felt the impact from the oil …

New Report Outlines Colorado Oil & Gas Industry’s Economic Contributions to the State

“The economic contributions of the upstream and midstream oil and gas industry totaled $126.5 billion in output in Colorado between 2008 and 2012. In total, the industry supported more than 93,500 jobs in Colorado.”

In a new report by its

October 14, 2014 - 6:50 pm Oil and Gas 360 Articles
Next Tuesday: Alaska’s Voters Decide How Much Tax O&G Companies Must Pay the State

Next Tuesday: Alaska’s Voters Decide How Much Tax O&G Companies Must Pay the State

If 35% Flat Tax Is Repealed, Higher Production Taxes Could Again Slow Oil and Gas Development

On August 19, Alaskan citizens will vote on a ballot that determines the taxing fate of the oil and gas production companies working in …

August 14, 2014 - 6:08 pm Arctic, Midstream, Oil and Gas 360 Articles, Oilfield Services

Colorado Updates its Oil and Gas Royalty Process, Could Reduce Admin Costs for Operators

The Colorado Board of Land Commissioners, or State Land Board, has changed its accounting system and methodology for reporting oil and gas royalties. The new royalty reporting guidelines went into effect on July 1, and all payers are expected to …

July 18, 2014 - 5:14 pm Oil and Gas 360 Articles
Australia Becomes First Developed Nation to Repeal Carbon Tax

Australia Becomes First Developed Nation to Repeal Carbon Tax

AI-CJ753_AUSCAR_G_20140717033604Australia’s Senate has voted 39-32 to repeal the carbon tax that went into effect in July 2012, the Wall Street Journal reported today. Australian voters turned against climate laws in the wake of high unemployment and rising energy costs.

“The …

July 17, 2014 - 5:33 pm Oil and Gas 360 Articles