Proshares Ultra Bloomberg Crude Oil ETF News

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

Oil has had a nice rally off the low and is now consolidating around resistance; could be in the process of creating a continuation pattern.

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

Prominent Arab world broadcaster MBC is ramping up film and TV production in Saudi Arabia, where a slew of high-end projects in the pipeline is set to join U.S. tentpoles like Anthony Mackie-starrer Desert Warrior, which is currently shooting. Zeinab Abu Alsamh, who is general manager of MBC Studios in Saudi, said she has roughly []

Last Updated on Friday, 10 December 2021, 9:44 by Denis Chabrol Vice President Bharrat Jagdeo on Thursday announced that a board would be part of a new system to manage Guyana’s oil revenues under a simplified Natural Resources Fund (NRF) Act, in an effort to strip the process of ministerial influence. In announcing that proposed …

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.

Prices for the end consumers to remain unchanged

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 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 .

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 .

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.

The company says it will clean up the environment later. The post Nembe month-old oil spill finally stopped Minister appeared first on Premium Times Nigeria .

President Muhammadu Buhari, the Minister of State for Petroleum, Timipre Sylva and the Aiteo company on Wednesday received commendations for the stoppage of the Nembe oil spill. Recall that the Nembe oil spill has generated a lot of controversies in the past few days, to the extent that National Assembly had to wade in. However, []