Your search for ‘OIL’ returned 29,787 results

In an apparent departure from the interpretations previously given to section 81.1 of the Bankruptcy and Insolvency Act ("BIA"), the British Columbia Court of Appeal held that commingled fungible goods may be "identifiable" for the purposes of repossession by an unpaid supplier. The decision in Port Alice Specialty Cellulose Inc. Estate (Trustee of) v. ConocoPhillips Co. creates uncertainty for ABLs and other lenders that lend on the security of inventory and may trigger a re-examination of borr

In another step to deprive a sanctioned country of revenues from petroleum sales, the U.S. government recently sanctioned more than 30 entities and vessels...

At the end of July 2014, the UK government published application criteria and terms for the 14th onshore oil and gas licensing round.

If the government intends to control the periodic decimation of the economy by cyclical increases in oil prices, it needs to adopt short-term (introduce differential pricing), medium-term (create a statutory oil price management fund) and long-term (shift from diesel to LNG/CNG) measures.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued several Venezuela-related general licenses, authorizing activities that would otherwise be prohibited under the Venezuela Sanctions...

Oil and gas companies are now required to report payments made to US or foreign governments under a new SEC rule that went into effect on Sept. 26, 2016.

Conventional oil and gas production involves a producer getting access to oil and gas that is trapped underground by drilling and establishing a well-site that is located aboveground.

The escalation of hostilities between the US, Israel, and Iran into open military conflict has delivered a profound shock to the global energy system.

From April 17, 2001 through May 6, 2002, Chevron, a California-based oil company, allegedly purchased approximately 78 million barrels of crude oil from Iraq pursuant to thirty-six contracts with third parties.

Following the Federal Government’s December 7, 2012 pronouncement on foreign investment policy as it pertains to SOEs in the oil and gas industry, 2013 should see refocused investment in Canadian resource plays.

Confidentiality agreements are typically employed to protect the disclosures made by target companies to potential buyers and to require buyers to deal with the target before making a bid.

Canada's National Energy Board ("NEB") has issued a series of pressure restrictions to five pipelines as part of a broader safety strategy.

The EU's naval operation EUNAVFOR MED Irini has conducted another boarding of a sanctioned oil tanker in the Mediterranean Sea. An Italian naval vessel inspected the MV Sun south of Sicily to verify its flag status, marking the third such operation reported in recent weeks targeting vessels suspected of involvement in sanctions evasion.

The EU's Mediterranean naval taskforce IRINI has intensified its enforcement activities against sanctioned vessels, conducting multiple flag verification boardings of oil tankers operating in contested regulatory waters. Recent operations have focused on vessels with uncertain flag status and previous sanctions designations, raising questions about the effectiveness of current maritime compliance mechanisms.

The French Navy has intercepted a Russian oil tanker operating under a Cameroonian flag off the coast of Sicily, marking another enforcement action against vessels suspected of evading international sanctions.

Wednesday morning, the White House declared a new national emergency on products of countries that are ​"directly or indirectly" importing crude oil and petroleum products from the Russian Federation.

In this case, the arbitrator and subsequently the Commercial Court judge had to construe what the judge described as a "lengthy and somewhat opaque" provision in a time charter relating to oil major approvals.

The Colorado Oil and Gas Conservation Commission has approved a fine increase. The daily maximum fine has been raised to up to $15,000 per day and the $10,000 overall penalty cap for each violation has been eliminated.