Latest News for: Oil sales

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We Tried the New Starbucks Olive Oil Coffee. Here’s How It Tasted.

Market Watch 25 Mar 2023
That said, whether the olive oil line itself will be a sales driver is less clear. “While the beverage is distinctive and nods of olive oil were subtle, our base case is the market for the beverage will be niche and embed no sales lift,” wrote Cowen analyst Andrew Charles in a note last week, after trying a latte in Italy.
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Biden said he had ‘strong inclination’ not to approve Willow Project

Fox31 Denver 25 Mar 2023
President Biden said on Friday that he had the “strong inclination” not to approve of the Willow Project — a major oil project in Alaska — but did so out of concern for the legal ramifications ... The department noted that no federal oil and gas lease sales had been held in the Arctic Ocean since 2007.
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Chad nationalises assets belonging to Exxon Mobile

Joy Online 25 Mar 2023
It’s the latest development in a dispute between the authorities of the Central African country and the US oil giant over the sale of its assets in Chad to a third party ...
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Intelligence sharing with Venezuela leaves Colombia vulnerable to spying, ex president says

The Lawton Constitution 25 Mar 2023
He also spoke against allowing Venezuela to renew its sales of oil to the United States. “Allowing Venezuela to sell its oil back to the United States and other countries is not just a way of legitimizing Maduro,” but a way of condoning crimes against humanity, he said.
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Seymour Hersh: Biden Blew Up Pipelines Over German Foot-Dragging on Ukraine Aid

Sputnik 25 Mar 2023
The journalist who exposed the US military’s My Lai massacre in Vietnam and its Abu Ghraib abuse scandal in Iraq now says the US elite’s "long-standing history" of being "disturbed by the Russian gas and oil sales to Western Europe" means it’s unsurprising Biden would intentionally sabotage its NATO ally’s energy security in order to weaken Moscow.
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Bolsonaro's legal woes deepen with undeclared diamond gifts

SCNOW Morning News 25 Mar 2023
The Senate’s transparency commission is investigating whether the sale of a refinery by Brazil's state-controlled oil giant Petrobras to the United Arab EmiratesMubadala Capital was related to the jewels ... Petrobras completed the sale for $1.65 billion one month after the first set of jewels was seized in Sao Paulo.
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Bolsonaro’s legal woes deepen with undeclared diamond gifts

The Associated Press 25 Mar 2023
The Senate’s transparency commission also is investigating whether the sale of a refinery by Brazil’s state-controlled oil giant was related to the jewels. The state bank Caixa Economica Federal received the box of precious stones Friday at one of its branches in capital Brasilia, the bank’s press office told The Associated Press ... .
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Venezuela regulator orders shutdown of exchanges

Cryptopolitan 25 Mar 2023
The Chief Superintendent of the Venezuelan superintendency of crypto-assets has shut down some exchanges and mining farms in the country ... Regulator closes exchanges and mining farms ... Anabel Pereira ... Sunacrip is presently undergoing investigation for acting as a middle point in an oil sale deal amid other issues ....
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U.S., allies challenged by China-Russia summit

Bangor Daily News 25 Mar 2023
The BDN Opinion section operates independently and does not set newsroom policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com ... China’s boss makes two sharply conflicting claims ... Maybe a phone call ... Nuclear-armed Russia with vast territory and cheap oil for sale is becoming China’s junior partner.
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Venezuela Stacks $21.2B In Unpaid Oil Sales, Maduro Appoints New Minister

MENA FN 24 Mar 2023
(MENAFN - Venezuelanalysis) Caracas, March 23, 2023 (venezuelanalysis.com ) – Venezuelan state oil company PDVSA has reportedly accumulated over 20 billion US dollars in lost revenue since 2020 as a ... .
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It could take years for the US to refill its emergency oil reserves after last ...

Business Insider 24 Mar 2023
Getty Images It could take years to stock up the US emergency oil reserves after 2022's historic sales, per Reuters ... It could take years for the United States to replenish its emergency oil reserves after last year's record sales aimed at easing gas prices, according to energy secretary Jennifer Granholm.
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Windfall Tax: Vedanta deducts $91 million from govt's profit to make up for tax paidThis ...

Deccan Herald 24 Mar 2023
But the levy of Special Additional Excise Duty (SAED) on locally produced crude oil was seen by producers as violation of the contract which provides fiscal stability ... On top, the government is also entitled to a pre-decided share of profit after expenses are deducted from revenue earned from sale of oil and gas.
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Windfall Tax: Vedanta deducts USD 91 million from govt’s profit to make up for tax paid

Financial Express 24 Mar 2023
But the levy of Special Additional Excise Duty (SAED) on locally produced crude oil was seen by producers as violation of the contract which provides fiscal stability ... On top, the government is also entitled to a pre-decided share of profit after expenses are deducted from revenue earned from sale of oil and gas.
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Russia could restrict sunflower oil exports – Vedomosti

Russia Today 24 Mar 2023
Over the past week, sunflower oil prices dropped from $1,100 to $800 per ton, while sunflower wheat fell from $600 to $395 per ton ... However, a ministry representative said a separate meeting with sunflower oil producers had not been scheduled, adding that “issues of product sales lie within the competence of the business.”.
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Oil prices slip as US postpones refilling reserves

Russia Today 24 Mar 2023
In October, following the sale of 221 million barrels of crude from the SPR, the White House said it would repurchase oil for the reserve when prices were at or below about $67-$72 per barrel ... The SPR currently holds 372 million barrels of crude oil, down from 638 million at the beginning of 2021, representing the lowest level since December 1983.

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