Category: Regulation
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U.S. intends more sanctions on Russia over chemical weapons
The U.S. State Department intends to impose more sanctions on Russia for failing to meet conditions under an international chemical weapons law after a nerve agent attack on a … ›
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Occidental CEO wants to keep rigs running even after oil’s slump
Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, … ›
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Pennsylvania Regulators Raise Concerns About Mariner East Corrosion, Push for Action
Pennsylvania regulators want Sunoco Pipeline LP to pay a fine and address what they allege is a “statewide concern” about the … ›
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Global oil market faces surplus throughout 2019 as demand growth slows
For the first half of 2019, based on its outlook for non-OPEC production and global demand, and assuming flat OPEC production, the IEA said … ›
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Oil rises for a fourth day, buoyed by OPEC supply plans
OPEC is expected to cut supply to prevent glut. Russia says it will discuss a deal with OPEC on December 6. Japan is set to restart Iran oil … ›
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BASF offers ‘remedy package’ for Solvay nylon business acquisition
German chemical giant BASF S.E. has offered a remedy package to the European Commission to win approval for its $1.85 billion acquisition of … ›
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U.S. sanctions on Iran trouble refiners over condensate imports
South Korean refiners and petrochemical companies are struggling to diversify imports of ultralight crude following the U.S. reimposition of … ›
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Dutch government says it disrupted Russian attempt to hack chemical weapons watchdog
Dutch authorities disrupted an attempt in April by Russian intelligence agents to hack the Organization for the Prohibition of Chemical … ›
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China’s tariff on US natural gas delays Louisiana LNG project
Australia's LNG Limited said it will not make a final investment decision this year on its natural gas export terminal in Louisiana due to … ›
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Trump will reportedly allow India and South Korea to keep buying sanctioned Iranian oil
The Trump administration has agreed to allow India and South Korea to continue buying some Iranian crude, according to reports. Washington … ›