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20 Nov 2022, 10:00 pm
A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. [read post]
20 Nov 2022, 10:00 pm
A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. [read post]
20 Nov 2022, 10:00 pm
A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. [read post]
20 Nov 2022, 10:00 pm
A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. [read post]
20 Nov 2022, 10:00 pm
A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. [read post]
22 Aug 2012, 11:32 am by Max Slater
[JURIST] The US Court of Appeals for the Ninth Circuit [official website] on Tuesday upheld [opinion, PDF] a set of regulations issued by the US Fish and Wildlife Services (FWS) [official website] that provide legal protection to oil companies if the companies incidentally harm small numbers of walruses or polar bears [FWS backgrounder]. [read post]
21 Sep 2011, 5:27 am by Julia Zebley
[JURIST] The US Court of Appeals for the Second Circuit [official website] on Monday ended an injunction [JURIST report] on damages levied against US oil company Chevron [corporate website; JURIST news archive], making the company potentially liable for $18 billion in damages to Ecuadorian citizens for an oil spill in the 1990s. [read post]
10 Feb 2014, 7:33 am
Here is a graph from the Energy Information Administration showing the Texas crude miracle: Texas now produces 36% of US oil production. [read post]
17 May 2011, 1:31 pm by WIMS
On April 30, President Obama used his weekly address to call for an end to at least $4 billion annually in taxpayer subsidies to oil and gas companies. [read post]
28 Oct 2014, 5:46 pm by Sabrina I. Pacifici
Here we use chemical distributions of hydrocarbons in >3,000 sediment samples from 534 locations to describe a footprint of oil deposited on the deep-ocean floor. [read post]
3 Nov 2009, 5:08 am by Jay Eng
The changes in Staff Accounting Bulletin No. 113 include: • changing the price used in determining quantities of oil and gas reserves; • eliminating the option to use post-quarter-end prices to evaluate write-offs of excess capitalized costs under the full cost method of accounting; • removing the exclusion of unconventional methods used in extracting oil and gas from oil sands or shale as an oil and gas producing… [read post]
4 Jun 2012, 8:40 am by Scott K. Johnson
A central issue during the Deepwater Horizon oil spill was the estimation of the volume of oil released. [read post]
Glencore Energy (UK) Ltd admitted to bribing African oil officials to gain preferential access to oil. [read post]
29 Jun 2010, 8:42 am
The first lawsuit, a class action filed on behalf of US residents affected by the oil spill, was filed last week and alleges [complaint, PDF] that BP engaged in a scheme to secure profits by deceiving the public. [read post]
14 Nov 2007, 7:58 am
[JURIST] The US Securities and Exchange Commission (SEC) [official website] on Wednesday agreed to a $30 million settlement of Foreign Corrupt Practices Act [materials; DOJ backgrounder] charges against Chevron [corporate website] in connection with the oil company's alleged involvement in a scheme to exchange illegal payments to Iraqi officials under the now-defunct UN Oil-for-Food program [ [read post]
12 Jan 2010, 1:59 pm by Morse, Barnes-Brown Pendleton
MBBP client EnerTrac, has found a low-cost yet effective way for home-heating oil distributors to keep track of oil levels in tanks. [read post]
28 Mar 2003, 2:51 pm
The programme, which allows Baghdad to use part of its oil revenues for food and medicine and is the sole source of sustenance for 60 per cent of the [read post]
11 Sep 2015, 10:04 am by Sabrina I. Pacifici
US light tight oil, the driver of US growth, is forecast to shrink by 0.4 mb/d next year. [read post]