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At Close: Jun 26, 2026
Heavy penalties await public health offenders in COVID transition phase
01:42pm, Thursday, 18'th Nov 2021 The Scoop
BANDAR SERI BEGAWAN On-the-spot fines of up to $5,000 will be issued against businesses and individuals who flout public health guidelines during the COVID-19 transition phase, the government said a day before Brunei starts to gradually reopen its economy. Spelling out the penalties for COVID-related offences on Thursday, Health Minister YB Dato Seri Setia Dr Hj Mohd Isham Hj Jaafar said businesses found exceeding the 50 percent capacity limit will be imposed a $5,000 compound fine. Businesses that allow any unvaccinated or partially vaccinated individual to enter their premises will be fined $2,000 for each violation, the minister said in a press briefing. However, the compound fine is exempted for critical employees who work in isolation or with little social interaction, such as engineers in the oil and gas sector. In addition, individuals who have yet to take two vaccine doses will be fined $100 if they were found entering public venues. The government has also maintained the $500 fine for those who violate the 10pm to 4am night curfew during the transition phase.
Oil pumping via Druzhba pipeline in Belarus back to normal
01:40pm, Thursday, 18'th Nov 2021 BelTA (English)
According to the source, Gomeltransneft Druzhba restored standard oil pumping in the Gomel-Mozyr-Adamowo section of the transcontinental oil pipeline Druzhba at 12:13 on 18 November.
Oil Industry Celebrates Gulf of Mexico Auction as 1.7 Million Acres Sold for Drilling
11:12am, Thursday, 18'th Nov 2021 Newsweek
The oil and gas lease sale in New Orleans on Wednesday saw 33 companies submit bids totalling over $198 million.
Saudi shares fall on weak oil, set for weekly loss
10:42am, Thursday, 18'th Nov 2021 Egypt Independent
Nov 18 (Reuters) Saudi shares eased in early trade on Thursday and were set for a weekly loss, tracking weaker oil prices, while other Gulf bourses traded mixed. Oil prices slid to near six-week lows as China said it was moving to release reserves following a Reuters report that the United States was asking The post Saudi shares fall on weak oil, set for weekly loss appeared first on Egypt Independent .
Oil price eases on move from world''s largest importer
10:13am, Thursday, 18'th Nov 2021 Big News Network
The world''s biggest oil importer, China, is working on a release of crude from strategic storages, Beijing''s reserve bureau said on Thursday ? a day after Washington''s suggested they jointly tap reserves to ease prices. "We are carrying out the work of releasing crude oil reserves. And for any details related to the releasing, we will put out a statement on our website," China''s National Food and
The Crude Chronicles - Episode 113
09:57am, Thursday, 18'th Nov 2021 Tickmill
Oil Traders Increase Longs The latest CFTC COT institutional positioning report shows that oil traders increased their net longs last week by a furth
Norway oil firms raise 2022 investment forecasts
07:57am, Thursday, 18'th Nov 2021 FX Empire
OSLO (Reuters) Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.
Belarus Cuts off Oil to Poland
11:26pm, Wednesday, 17'th Nov 2021 Investment Watch Blog
Lukashenka regime adds some pressure on the hybrid eastern front? 1. Oil pipeline to Poland has been shut down due to an urgent 3-days repair. 2. Power unit of BY
Did you know the US Strategic Petroleum Reserve (SPR) is being drawn down?
08:42pm, Wednesday, 17'th Nov 2021 Investment Watch Blog
by pinecarr From ZH, Heres Why Biden Was Forced To Beg Xi To Release Oil From Chinas SPR As we have detailed in depth over the past few days (here, here,
IATF2021: Afreximbank, NNPC sign $1.04bn facility for oil exploration - Freedom Online
07:59pm, Wednesday, 17'th Nov 2021 Freedom Online
proceeds of the facility will boost tax revenues and foreign currency receipts and create thousands of jobs in the oil and gas refining value
The Real Winner In The War Between Fossil Fuels And Renewables
07:00pm, Wednesday, 17'th Nov 2021 OilPrice com
The pressure from international organizations and governments to transition quickly away from fossil fuels is driving up demand for other natural resources dramatically. While the world focuses on leaving coal, oil, and gas in the past, as we invest heavily in renewables, one issue has been largely overlooked the hefty use of metals in renewable energy projects. As governments, international organizations, and environmental activists around the world ramp up the pressure for energy companies and consumers to switch from traditional energy
Joe Biden calls for gas price surge illegal conduct investigation by Federal Trade Commission
04:12pm, Wednesday, 17'th Nov 2021 Metro
The president claimed there is ''mounting evidence of anti-consumer behavior by oil and gas companies''
US reduces strategic petroleum reserve deposits by 3.2M barrels
03:38pm, Wednesday, 17'th Nov 2021 Forexlive
EIA reports - US reduces stocks and strategic petroleum reserve by 3.2 million barrels and later this week - The reserves are now at the lowest level since June 2003 Yesterday the acting head of the EIA said that any release from the US strategic petroleum reserve (SPR) would have only short-lived impact on oil markets. By Greg Michalowski
Belarus announces temporary closure of oil pipeline to EU
12:12pm, Wednesday, 17'th Nov 2021 Big News Network
Belarus has announced ?unscheduled repairs? are needed on a branch of the ?Friendship? pipeline carrying oil supplies from Russia through the country to a number of EU states, insisting that maintenance work will take three days. In a statement issued on Wednesday, Russian energy export giant Transneft said supplies could face short-term disruption. Spokesman Igor Demin told journalists he had be
Antimonopoly Committee identifies manipulation cases in gasoline price increase.
10:11am, Wednesday, 17'th Nov 2021 Kun Uzbekistan
The Antimonopoly Committee said it had identified cases of manipulation in the rise in petrol prices. The deputy chairman of the committee said that necessary measures would be taken and that there would be a change in prices in the next 10 days..
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