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23 Apr 2024, 5:57 am
., measures that aim to reduce Russia’s profits while not entirely halting Russia’s oil trade, by permitting the provision of services for the maritime transport of Russian seaborne crude oil and petroleum products to third countries if sold at or below a certain price cap), need maintenance and improvements to remain effective. [read post]
21 Apr 2024, 7:40 pm
Texas exports $33.63 billion in Petroleum & Coal Products to Mexico yearly — the highest value of any single product category from a state to another country. [read post]
19 Apr 2024, 4:12 pm
The US Department of the Interior announced a new rule on Friday that limits future oil and gas activities in Alaska’s National Petroleum Reserve, which spans 23 million acres. [read post]
17 Apr 2024, 10:19 am
: Designation for a certification and re-certification program for security professionals based on examinations; American Petroleum Institute: Certification for its standard providing requirements and guidance for managing cyber risk for the oil and natural gas pipeline industry.[4] What Are the Benefits of Designation and/or Certification? [read post]
15 Apr 2024, 6:01 pm
If and when India opens up the nuclear sector for private players, especially for Small and Modular Reactors, the following aspects could be thought about:Permitting unincorporated joint ventures to build, transfer and operate nuclear power plants, similar to petroleum exploration and production, which is also a high risk venture.Use of standard forms such as FIDIC and other similar forms, which will take a balanced approach.Effective dispute resolution through conciliation, Dispute… [read post]
12 Apr 2024, 4:56 pm
The state analyzed harbor sediment samples for metals, dioxins, total petroleum hydrocarbons and other contaminants. [read post]
5 Apr 2024, 9:51 am
The American Petroleum Institute, the industry’s main lobbying group in Washington, has been defending the LNG buildout by arguing that LNG “provides supply options for America’s allies — most notably to the European Union amid Russia’s aggression against Ukraine” — even though 60 left-leaning European legislators say they do not need more gas as Europe engages in a rapid shift toward renewable energy and energy efficiency. [read post]
4 Apr 2024, 9:30 pm
Department of Energy finalized a rule revising the calculation of petroleum-equivalent fuel economy for vehicles. [read post]
4 Apr 2024, 6:14 am
Andes Petroleum Ecuador Limited (Andes), US Supreme Ct No. 23-506, OEPC filed a similar petition for certiorari in connection with an arbitration in which Andes was awarded more than $550 million award. [read post]
3 Apr 2024, 2:27 pm
The petroleum industry creates immense amounts of produced water—for instance, in the Permian basin, for every barrel of oil, you produce about four barrels of water. [read post]
3 Apr 2024, 2:00 pm
Won’t Buy Oil to Refill Strategic Petroleum Reserve first appeared on Le·gal In·sur·rec·tion. [read post]
3 Apr 2024, 8:44 am
” Although the government may have “influenced refineries’ business decisions during the war,” the 6th Circuit concluded, it never “operated” the facilities because individual refineries like Valero “made broader decisions about waste disposal” – for example, how to process the petroleum, how to handle waste, or where to put waste disposal sites. [read post]
31 Mar 2024, 9:05 pm
Porsche raised €9.4 billion selling non-voting shares, allegedly to foster Volkswagen Group’s global leadership in Electric Vehicles, whereas leveraging on Berkshire Hathaway’s dual-class structure, Warren Buffett has become the largest shareholder of Occidental Petroleum, a market leader in Carbon Capture and Sequestration technology. [read post]
27 Mar 2024, 12:21 am
It is common practice between retailers and wholesalers of petroleum products to continue their lease agreements on a month-to-month basis when the original agreement terminates through the lapse of the contract period. [read post]
21 Mar 2024, 9:24 am
(California Independent Petroleum Association, et al., Real Parties) (2024) 100 Cal.App.5th 412. [read post]
20 Mar 2024, 12:37 pm
” Despite strict California laws related to the disposal of these toxic chemicals in the ground, Chevron denied any wrongdoing and supplied bogus research from the American Petroleum Institute that argued Benzene was less harmful. [read post]
18 Mar 2024, 4:33 pm
Matter of Chestnut Petroleum Dist., Inc. v. [read post]
16 Mar 2024, 3:29 am
Years ago, the Gulf of Mexico was host to the worst accidental oil spill in the history of the petroleum industry. [read post]
14 Mar 2024, 9:05 pm
MacAndrews & Forbes Holdings, Inc. and Unlocal Petroleum Corp v. [read post]
12 Mar 2024, 9:59 am
This STAA requirement applies to Program 3 processes in the petroleum refining (NAICS 324) and chemical manufacturing (NAICS 325) sectors. [read post]
