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American Media Finally Starting to Notice the Problems Caused by US Export Restrictions on Oil & Gas
9 Dec 2013, 8:57 am
The National Association of Manufacturers commissioned James Bacchus, a former Democratic Congressman and World Trade Organization judge, to pen the report, which it says sends a message to the Obama administration and Congress that they should accelerate the approval process and lift regulatory barriers… The NAM asked Bacchus to consider whether delays by the Department of Energy in issuing licenses to export liquefied natural gas to certain countries… [read post]
American Media Finally Starting to Notice the Problems Caused by US Export Restrictions on Oil & Gas
6 Dec 2013, 3:45 pm
The National Association of Manufacturers commissioned James Bacchus, a former Democratic Congressman and World Trade Organization judge, to pen the report, which it says sends a message to the Obama administration and Congress that they should accelerate the approval process and lift regulatory barriers… The NAM asked Bacchus to consider whether delays by the Department of Energy in issuing licenses to export liquefied natural gas to certain countries… [read post]
19 Nov 2013, 8:36 am
The situation is further complicated, on the one hand, by the need to foster the diffusion of renewable energy to address the current environmental concerns and, on the other, by the total and overwhelming control exercised by the Organization of Petroleum Exporting Countries (OPEC) over the oil market. [read post]
16 Feb 2024, 9:11 am
An investigation conducted by Homeland Security Investigations (HSI) Washington, D.C. and FBI Minneapolis led to two foreign nationals being charged for engaging in a plot to export Iranian petroleum to China and use the proceeds to benefit Iran’s Islamic Revolutionary Guard Corps-Qods Force, a designated terrorist organization. [read post]
20 Jan 2015, 11:28 pm
The Organization of the Petroleum Exporting Countries (OPEC) announced it would leave market forces to determine crude oil price and would not cut oil output. [read post]
24 May 2013, 9:23 am
The members of Organization of Petroleum Exporting Countries (OPEC) are expected to decrease crude oil supply in 2013 by 600,000 barrels per day due to a decline in production in Saudi Arabia. [read post]
30 Jan 2012, 11:38 am
Buried in the last paragraph of a NY Times article on the China - Raw Materials case, I saw this: Western governments have periodically considered filing an international trade case against nations in the Organization of Petroleum Exporting Countries for limiting oil exports. [read post]
1 Jun 2016, 7:03 am
This comes amid fighting between the Petroleum Facilities Guard (PFG), the group of fighters which controls much of the Libya’s oil infrastructure, and the Islamic State over several towns east of the terrorist organization’s Sirte stronghold. [read post]
6 May 2008, 11:21 am
Lautenberg (D-NJ) introduced legislation to force action against the Organization of the Petroleum Exporting Countries (OPEC) for its anti-competitive practices and illegal export quotas on oil, which ultimately lead to higher gas prices here at home. [read post]
16 Mar 2023, 5:47 am
They also make it harder to transmit funding for aid projects because financial institution de-risking decisions make traditional banking unavailable in-country. [read post]
2 Oct 2019, 9:22 am
Ecuador announced their intention to leave the Organization of the Petroleum Exporting Countries (OPEC) on Jan. 1, reports Reuters. [read post]
14 Sep 2008, 10:01 am
Cohen, surrounded by New York officials, "remov[ing] the first symbolic scoop of earth")... 1960, the 1st conference of the Organization of Petroleum Exporting Countries concluded in Baghdad, Iraq. [read post]
29 Nov 2022, 6:45 am
Collectively, these statutes invoke restrictions on foreign assistance from the United States, including requiring the United States to vote down loans from multilateral organizations where the United States holds membership—de facto stopping those loans due to U.S. voting power, as well as a ban on U.S. defense exports and sales and export controls over dual-use items. [read post]
16 Sep 2016, 5:04 am
Hifter’s forces seized the facilities from the Petroleum Facilities Guard (PFG), a militia which allied itself with the U.N. backed Government of National Accord (GNA) in recent months. [read post]
17 Mar 2009, 9:01 pm
On this day in ...... 1974 (35 years ago today), at a meeting in Vienna, Austria, 7 of the 9 member states of the Organization of the Petroleum Exporting Countries lifted an embargo on selling oil to the United States that had been in effect since October 1973. [read post]
19 Dec 2014, 1:50 pm
Texas could soon outpace the second biggest oil producing country in Organization of the Petroleum Exporting Countries (OPEC), which is Iraq (after top producer Saudi Arabia). [read post]
3 Dec 2018, 11:05 am
Qatar is preparing to leave the Organization of the Petroleum Exporting Countries, known as “OPEC,” after almost six decades in the alliance, and plans to focus on its rapidly growing natural gas production, says the Journal. [read post]
11 May 2010, 8:23 am
One of the major factors on the supply side is the Organization of the Petroleum Exporting Countries (OPEC), which can sometimes exert significant influence on prices by setting an upper production limit on its members, which produce about 40% of the world’s crude oil. [read post]
19 Sep 2011, 4:23 am
EO 13582 also specifically blocks new investment in Syria and introduces measures that target Syria's petroleum exports, a significant source of the government's revenue. [read post]
26 Apr 2016, 5:03 pm
The crude oil market rebounded from a low of $25 per barrel in mid-January to $40 per barrel in April following production disruptions in Iraq and Nigeria and a decline in non-Organization of the Petroleum Exporting Countries production, mainly U.S. shale. [read post]
