Latest News for: Oil sales

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Oil sales jump 17.6pc in July-November

The News International 02 Dec 2021
Sales of petroleum products surged up to 17.6 percent in the first five months of current fiscal year 2021-22, owing to increased consumption of furnace oil (FO) to generate electricity ... Sales, however fell 12 percent in November 2021 compared to the preceding ...
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Cheney bill would pay states for oil and gas leasing, even when sales aren't held

Longview News-Journal 02 Dec 2021
Days after the Biden administration released its long-awaited review of the federal oil and gas leasing program, Rep ... Half of the money generated from federal lease sales and production royalties is returned to the states where that drilling took place ... In Wyoming, oil and gas revenue makes up a significant portion of the state’s general fund.
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Millions of acres of Gulf of Mexico could be given to fossil fuel industry

People's World 02 Dec 2021
The administration has proposed another round of oil and gas sales early next year in Wyoming, Colorado, Montana and other states ... Federal officials estimated prior to the sale that it could lead to the production of up to 1.1 billion barrels of oil and 4.4 trillion cubic feet of natural gas.
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Royal Dutch Shell launches fresh multi-billion pound share buyback scheme as plans to ditch group's ...

The Daily Mail 02 Dec 2021
Royal Dutch Shell has launched a $1.5billion, or £1.1billion, share buyback as it ramps up cash returns to shareholders via the sale of its Permian business in the US ... Shell completed the $9.5billion sale of its Permian Basin operations to ConCoPhilips on 1 December as part of a move away from oil and gas to renewable energy.
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U.S. could adjust timing of oil stockpile release if prices fall

Gulf Daily News 02 Dec 2021
WASHINGTON - The Biden administration could adjust the timing of its planned release of strategic crude oil stockpiles if global energy prices drop substantially, U.S ... oil prices settled down 61 cents at $65.57 a barrel ... The department would also offer 18 million barrels of oil for a sale that had been previously approved by Congress.
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U.S. could adjust timing of oil stockpile release if prices fall -official

Metro USA 02 Dec 2021
WASHINGTON (Reuters) – The Biden administration could adjust the timing of its planned release of strategic crude oil stockpiles if global energy prices drop substantially, U.S ... oil prices settled down 61 cents at $65.57 a barrel ... The department would also offer 18 million barrels of oil for a sale that had been previously approved by Congress.
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OPEC+ extends existing production policy for January

Anadolu Agency 02 Dec 2021
The world's major oil producers on Thursday agreed to extend the existing plan of raising production by 400,000 barrels per day (bpd) in January ... The 23-member OPEC+ group reduced its daily crude oil production by approximately 10 million barrels in April 2020 due to the sharp decline in demand following the emergence of COVID-19 pandemic.
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Letter: Permanently protect the Arctic refuge

Bangor Daily News 02 Dec 2021
To make up for part of this huge deficit, Congress mandated two oil and gas lease sales in the refuge, claiming that would generate $1 billion in revenue for the federal government ... And we must stop the destruction of public lands, especially for a relatively few barrels of oil.
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Royal Dutch Shell launches fresh share buyback scheme

This is Money 02 Dec 2021
Shell completed the $9.5billion sale of its Permian Basin operations to ConCoPhilips on 1 December as part of a move away from oil and gas to renewable energy ... The oil and gas ...
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US Officials Allege Israel Behind Cyberattack on Iranian Gas Stations

GlobalResearch 02 Dec 2021
Iranian officials with knowledge of the investigation, meanwhile, tell the NY Times that the hackers also seized control of the ministry’s fuel storage tanks and may have gained access to data on international oil sales, a state secret that could expose how Iran evades international sanctions.
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Headlines in Iranian English-language dailies on Dec 1

Irna 02 Dec 2021
-- Iran eyes 1.2mbd of oil sales in next budget ... Iran will count on 1.2 million barrels per day (mbd) of oil sales as a minimum target in a budget planned for next calendar year staring late March, according to sources close to the government and the Parliament in the country.
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Headlines in Iranian English-language dailies on Dec 2

Irna 02 Dec 2021
-- Iran’s annual oil sales significantly higher ... “The amount of oil sales has increased significantly compared to last year’s.” ... Owji said that Iran’s oil sales witnessed new increases using the existing capacities.
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Fuel sales drop in November as festive demand moderates after Diwali

The Times of India 02 Dec 2021
Diesel sales dropped 8% and petrol 1% year-on-year in November as festival-driven demand moderated after Diwali. Diesel sales were 14% lower compared to the pre-pandemic month of November 2019, as per the sales data from state-run oil companies that control 90% of fuel stations in the country ... The sales are still down 32% from November 2019.
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Ocean City Fine Arts League announces the 'Anything Goes' Art Show & Exhibition Winners

Atlantic City 02 Dec 2021
Tasker submitted an oil painting titled “Early Morning.” ... All of the show pieces are for sale and the gallery also showcases watercolor, glass, mixed media, pottery, photography, oil, acrylic, textiles, jewelry and sculpture all made from professional local artisans ... .
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Pemex forms subsidiary company

Hydrocarbon Engineering 02 Dec 2021
This new subsidiary company will report directly to the General Directorate of Pemex, constituting as a direct subsidiary with an exclusive orientation to internal sales of oil, gas and petrochemical products.
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