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19 Jan 2016, 9:04 am
Plains All American, another oil buyer, offered $13.25/bbl for South Texas Sour and $13.50 for Oklahoma Sour. [read post]
8 May 2007, 8:54 am
Oil Daily provides further coverage of the press conference. [read post]
28 May 2010, 10:21 am
Officials say BP's "Top Kill" has stemmed the oil leak...for now. [read post]
17 Mar 2004, 12:24 am
Wednesday's New York Times reports that the US Justice Department has opened an inquiry to determine if Shell Oil executives violated any federal laws by not promptly disclosing major shortfalls in its proven oil and gas reserves, potentially misleading investors about the value of the company's assets. [read post]
21 Jan 2007, 6:51 am
The money laundering is in connection with kickbacks suspected to have been paid by oil companies, including French company Elf-Aquitaine [Wikipedia backgrounder] and Canadian Addax [read post]
22 Aug 2008, 10:30 am
Khodorkovsky headed the now-bankrupt OAO Yukos Oil Co. [read post]
20 Jul 2015, 9:02 am
<> EDITORIAL: Time to protect Great Lakes from oil spill is now - An oil pipeline running through the Straits of Mackinac should be shut down. [read post]
25 Jun 2004, 2:23 pm
Oil corporation Royal Dutch/Shell Friday faced a new lawsuit by shareholders seeking compensation in the wake of an admission that it overestimated its oil reserves by more than 20 percent. [read post]
3 Jan 2008, 3:20 am
Spain had filed suit in the Southern District of New York [official website] against ABS after the Bahamas-flagged oil tanker Prestige [Wikipedia [read post]
18 Jun 2008, 5:22 am
Bush Wednesday called for Congress to relax restrictions on oil exploration [statement text], saying that it should end a long-standing prohibition against offshore oil drilling [JURIST news archive] and also allow drilling to begin in the Arctic National Wildlife Refuge [official website] in Alaska. [read post]
18 Nov 2005, 2:12 am
Merimee received the money by way of oil allocations from Saddam Hussein's government that could be sold for profit; he is thought to be the first high-level official [read post]
16 Apr 2005, 3:10 am
Speaking in New York late this week [Reuters report] Annan said that most of the money illegally pocketed by Hussein came from smuggling operations outside of the oil-for-food program [ [read post]
15 Dec 2004, 9:56 am
[JURIST] A high level UN panel set up to monitor the administration of the Iraqi oil industry and revenues under Security Council Resolution 1483 [PDF], granting the Coalition Provisional Authority the right to spend from Iraq oil money "in the interests of the Iraqi people", reported Tuesday that it had found "important weaknesses" in program management, including lack of financial controls and [read post]
12 Nov 2007, 4:37 am
[JURIST] The crew of the Cosco Busan, which leaked some 58,000 gallons of fuel oil into the San Fransisco Bay [IndyBay report] after colliding with a bridge last week, is being held for questioning by federal investigators as a criminal investigation into the oil spill begins, the US Coast Guard [official website] said Sunday. [read post]
14 Sep 2007, 4:15 am
[JURIST] Iraq's Kurdistan Regional Government (KRG) [official website] Thursday called for the resignation of Iraq Oil Minister Hussein al-Shahristani in response to Shahristani's remarks that oil contracts signed by the KRG with several global companies are illegal. [read post]
25 Oct 2005, 12:45 pm
[JURIST] American shareholders of Russian oil company Yukos [corporate website; JURIST news archive] have filed a civil lawsuit against the Russian government and several Russian oil companies for allegedly conspiring to renationalize Yukos without compensating its owners, the Financial News reported [subscription required] Tuesday. [read post]
15 Jun 2005, 2:51 am
[JURIST] A new memo may contradict previous denials by UN Secretary-General Kofi Annan that he played no role in the awarding of an oil contract in Iraq to a company his son worked for. [read post]
26 Apr 2010, 7:12 am
Davis Thames, president of Cheniere Marketing, told the Platts Rockies Gas and Oil conference last week that he believes that the global LNG market should move away from long-term contracts based upon oil prices. [read post]
22 Apr 2004, 9:36 am
UN Secretary General Kofi Annan has announced the formation of an independent panel to investigate charges of massive corruption in the administration of the now-defunct UN Oil for Food program that allowed the Iraqi government of Saddam Hussein, then facing sanctions, to sell oil to pay for humanitarian goods and supplies. [read post]
2 Nov 2016, 12:42 pm
"Justices struggle in dispute over Venezuela oil rig seizure": Sam Hananel of The Associated Press has this report. [read post]