Tag: Oil companies

Categories Middle East

UK Serious Fraud Office Over The Moon After Securing Third Conviction in Iraqi Oil Bribes Scandal

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In 2003, British and US troops invaded Iraq and ousted Saddam Hussein on the false pretence that he had Weapons of Mass Destruction (WMDs). Afterwards a new pro-Western government took over and began handing out lucrative contracts in the oil industry, some of which were corrupt. … Read More >UK Serious Fraud Office Over The Moon After Securing Third Conviction in Iraqi Oil Bribes Scandal

Categories USA

Biden to make ban on oil & gas drilling on federal property PERMANENT, media reports say

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President Joe Biden will reportedly ban all new oil and gas drilling permits on federal land, as his volley of orders aimed at slowing climate change continues. But his efforts have already caused uproar even among his own voters. … Read More >Biden to make ban on oil & gas drilling on federal property PERMANENT, media reports say

Categories Latin America

Venezuela Reportedly Mulls Letting Private Firms Operate State Oilfields Amid Stifling US Sanctions

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Venezuela, which boasts the largest proven oil reserves on the planet, has been mired in an economic crisis as it struggles with challenges driven by the collapse in crude production driven by the coronavirus pandemic, as well as crippling US sanctions. … Read More >Venezuela Reportedly Mulls Letting Private Firms Operate State Oilfields Amid Stifling US Sanctions

Categories USA

‘Should’ve studied green tech’: Eco-Twitter dunks on oil industry graduates who can’t find jobs due to Covid

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Environmentally minded social media users seized the opportunity to ridicule the less fortunate after the New York Times published an article on fresh college graduates unable to find jobs in the oil industry because of Covid-19. … Read More >‘Should’ve studied green tech’: Eco-Twitter dunks on oil industry graduates who can’t find jobs due to Covid

Categories Russia

Russia ready to ‘fight off’ Western attempts to seize its assets in $50bn battle with oligarchs over collapsed Yukos oil empire

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Any hope of a quiet 2021 for Russia has been dashed as one of the country’s top officials warns it faces a series of court battles that risk confrontation with the West, including a fight over the world’s largest legal bill. … Read More >Russia ready to ‘fight off’ Western attempts to seize its assets in $50bn battle with oligarchs over collapsed Yukos oil empire

Categories Business

Smaller Russian oil corporations oust energy giants from top of WWF environmental rating

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Russia’s oil and gas companies have demonstrated distinctly higher transparency of ecological information, with minor firms taking lead positions in the annual ranking by the World Wildlife Fund Russia and energy consultant Creon. … Read More >Smaller Russian oil corporations oust energy giants from top of WWF environmental rating

Categories World

‘Massive’ FIREBALL fills skies over S. Africa’s Durban following explosion at oil refinery, seven injured (VIDEOS)

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At least seven people were injured in a massive explosion at a crude oil refinery in Durban South Africa, though there have been no reports of fatalities despite the scale of the blast. … Read More >‘Massive’ FIREBALL fills skies over S. Africa’s Durban following explosion at oil refinery, seven injured (VIDEOS)