Category: Regulation
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Why a ‘new energy order’ is threatening shareholder returns for oil companies
Under pressure from consumers and governments to transition to greener energy sources, oil majors will have to increase spending on new … ›
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Equinor granted drilling permit for wildcat, west of Atlantis discovery
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource … ›
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U.S. court orders Trump administration to enforce chemical safety rule
A federal appeals court on Friday ordered the Trump administration to immediately implement an Obama-era chemical safety rule introduced in … ›
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Congress wants EPA to more quickly regulate unsafe chemicals
Republican and Democratic lawmakers pressed the Environmental Protection Agency on Thursday to act faster to bring more of the country's … ›
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Rosneft, CNPC agree on wider E&P cooperation
Rosneft and the Chinese National Oil and Gas Corporation (CNPC) signed the Agreement on Cooperation in Exploration and Production in the … ›
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US chem distributors face $1.277bn hit from latest tariff round
US chemical distributors would face a cost increase of $1.277bn if the country moves forward with its third round of tariffs on imports from … ›
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Tariff removal will boost Middle East petrochemical industry competitiveness
The Middle East downstream industry, notably chemicals, requires fewer tariff barriers and higher efficiencies for additional capacity to … ›
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Clariant, SABIC to deepen alliance as regulators back stake deal
Saudi Basic Industries Corp ( 2010.SE ) won regulatory approvals on Monday to buy a quarter of Swiss chemicals maker Clariant ( CLN.S ), … ›
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US chemical exports to take bigger hit in US-China trade war
The second round of US and China tariffs, each comprising 25% on $16bn in imports and going into effect on 23 August, will hit US commodity … ›