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Canada makes case to be bigger business partner for Guyana

05:00pm, Friday, 10'th Dec 2021 News Room Guyana
By Vishani Ragobeer [email protected] Before the discovery of oil and gas offshore Guyana, Canada was Guyanas largest export partner in the extractive sector. Now, as countries are hounding business opportunities in Guyana, Canada wants to be a bigger partner. The pitch to strengthen the Guyana/ Canada business relations was made by Mark Berman, the High []

House Democrats Reintroduce Bill To Ban Fracking, Oil Exports

05:00pm, Friday, 10'th Dec 2021 OilPrice com
Two House Democrats reintroduced this week a bill targeting a ban on fracking, halting new fossil fuel power plants, and ending U.S. oil and gas exports, just as a group of Republicans introduced a bill aimed at protecting America’s energy security. Congresswoman Jan Schakowsky, a Senior Chief Deputy Whip and Chair of the Energy and Commerce Consumer Protection and Commerce Subcommittee, and Congresswoman Nanette Diaz Barragán (D-CA) reintroduced this week their so-called Future Generations Protection Act of 2021, which, they say,…
Texas AG Ken Paxton and the U.S. Department of Justice reached a settlement with barge owner Kirby Inland Marine, LP (Kirby) to resolve allegations that Kirby caused environmental damage due to an oil spill from one of its barges in violation of the federal Oil Pollution Act... By: Cozen O''Connor
Oil prices have been choppy on Friday, though have for the most part traded on the front foot and are on course for their best weekly performance sinc

Report: U.S. Oil Export Ban Not On The Table

03:00pm, Friday, 10'th Dec 2021 OilPrice com
The U.S. administration is not considering a ban on crude oil exports as a means of bringing down retail fuel prices, Reuters has reported, citing an unnamed source familiar with the thinking at the White House. While the report lacks any further details, it might be an indication that the administration is not in a whatever-it-takes mood, which would be good news for U.S. oil producers and exporters. It would not, however, be such good news, for traders who are betting there will be a ban. Bloomberg reported earlier this week that some traders
Petrol and Diesel Price Today in India: Petrol and Diesel Rate on December 10 remain unchanged keeping the price in Delhi at Rs 95.41 per litre.

U.S. Gasoline Prices Finally Start To Fall

07:00pm, Thursday, 09'th Dec 2021 OilPrice com
U.S. gasoline prices are finally falling after the major correction in international crude oil prices at the end of November driven by fears of the new COVID variant, Omicron. As of December 9, the national average price of a gallon of regular gasoline was $3.338, according to data from AAA. Thats lower than the week-ago average of $3.378 and the average price of $3.419 one month ago. Gasoline prices in America are still much higher than at this time last year, when a gallon of regular gasoline sold for an average of $2.158 across the country.

GTT plugs millions $ into educating youths about oil and gas

04:26pm, Thursday, 09'th Dec 2021 Demerara Waves
Last Updated on Thursday, 9 December 2021, 12:26 by Denis Chabrol The Guyana Telephone and Telegraph Company (GTT) is pumping $24 million into the Guyana Oil and Gas Energy Chamber (GOGEC)s Fueling Guyanas Future Programme, which targets schools and universities with training development. This yearlong programme forms part of GTTs contribution towards increasing the pool
Almost every product that we use has oil or one of its substitutes, and this will continue for many years, said Rosen. Israel''s security considerations will stop it from halting traditional fuel.
The Niger Delta Development Commission, NDDC, has pledged to settle all verified outstanding claims by its contractors in its efforts to facilitate sustainable development of the oil-rich region. A source close to the Interim Administrator of the Commission who spoke on condition of anonymity said the NDDC boss was saddened that contractors who had done their jobs were still being owed many years after completion.

Sales tax abolished on petrol, increased on other products

10:55am, Thursday, 09'th Dec 2021 Samaa English
Prices for the end consumers to remain unchanged

Buhari, Sylva, Aiteo Lauded Over Stoppage Of Nembe Oil Spill

05:40am, Thursday, 09'th Dec 2021 Independent Newspapers Nigeria
ABUJA President Muham­madu Buhari, the Minister of State for Petroleum, Timipre Sylva, and Aiteo Company on Wednesday received com­mendation for the stoppage of Nembe oil spill. Recall that Nembe oil spill has generated a lot of contro­versies in the past few days, to the extent that National Assembly has to wade in. However, the []

Aiteo successfully stops leakage at Santa Barbara South oil well

04:25am, Thursday, 09'th Dec 2021 Vanguard Nigeria
Aiteo Eastern E & P Company Limited, Wednesday, said, that the impaired Santa Barbara South Well 01 in its OML 29 production area has been successfully brought under control, the flow stopped and the Well secured today, 8 December 2021. The post Aiteo successfully stops leakage at Santa Barbara South oil well appeared first on Vanguard News .

VEGOILS-Palm rises ahead of Malaysian Palm Oil Board data

03:40am, Thursday, 09'th Dec 2021 FXNews24
KUALA LUMPUR, Dec 9 (Reuters) Malaysian palm oil futures rose on Thursday, clawing back some of the previous sessions losses, as easing Omicron fears helped broader markets and crude prices rebound while investors awaited key Malaysian Palm Oil Board data for further direction. The benchmark palm oil contract FCPOc3 for February delivery on the [] The post VEGOILS-Palm rises ahead of Malaysian Palm Oil Board data appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

PM Imran unveils Naya Pakistan Card initiative

02:41am, Thursday, 09'th Dec 2021 Dawn.com
PESHAWAR: Prime Minister Imran Khan on Wednesday formally launched the Naya Pakistan Card initiative, bringing mega welfare programmes of the Pakistan Tehreek-i-Insaf (PTI) government covering health, education, food and agriculture sectors under one umbrella. With the launch of Naya Pakistan Card, which covers Ehsaas Ration Programme based on a food subsidy package for low-income families, Kisan Card, Sehat Card and scholarships for students, beneficiaries of various initiatives can avail all services on the same card. Addressing the ceremony held at the Governor House, Prime Minister Khan said that Kamyab Pakistan scheme was also in the pipeline under which two million eligible families would receive Rs400,000 interest-free loans for self-employment, free technical education to one member of each registered family, Rs2.7 million loan for house construction and free health insurance. He said the proposed Kamyab Pakistan programme to be launched in the KP province would be extended to other provinces later.
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