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In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these companies may have to stop operations as early as July. The letter did not specify the amounts owned to the group’s members, which include Baker Hughes, Halliburton, Weatherford, SLB Oil & Gas and Grupo Mexico.
The Kurdistan Regional Government (KRG) has said that its Runaki (Light) project is making significant progress toward delivering 24-hour electricity to the entire Kurdistan Region by the end of 2026. One of the project's most significant achievements is the shutdown of approximately 7,000 private diesel generators throughout the region.
There are two primary destinations for PW from onshore operations. The result is operators are spending more to ship PW further and then paying higher prices for disposal volumes, especially at SWD facilities just outside of the SRAs. This could force operators to stop production in previously profitable fields.
Today, it is an area ripe with innovation, driven by stricter environmental regulations, the demand for unprecedented operational efficiency, and the rise of new and unconventional gas sources. This data is fed back to a central control room, often miles away, allowing operators to monitor performance remotely.
Government regulation required gas processing plants to sell liquefied petroleum gas and petroleum products on the domestic market at prices that were significantly lower than the operating cost. In addition, the huge price difference between Kazakhstan and its neighbours has given rise to a thriving black market and illegal exports.
Under existing contract terms, when the NGP is closed, Cue’s east coast gas sales are redirected into the NT, including to the NT government, minimizing the impact of NGP outages. percent in the Mereenie field - all operated by Central Petroleum Ltd. In New Zealand Cue Energy said the Maari field, operated by OMV New Zealand Ltd.
Gulf Keystone Petroleum (LSE: GKP) provided an operational and corporate update ahead of its AGM on Friday, reaffirming its 2025 production and financial guidance despite regional uncertainties. Regarding exports, Gulf Keystone continues to engage with government stakeholders to resume oil exports through the Iraq-Türkiye Pipeline (ITP).
million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Cushing inventories have been near operational lows in recent months, but climbed to about 25.7 The jump in prices in February came as 1.8 premium to U.S. crude futures. million, 4.2%
US GovernmentShutdown Although the US government, and the SEC, is shutdown, advisers should continue to meet all statutory and regulatory deadlines as set forth in the SEC’s Operations Plan Under GovernmentShutdown (Dec. The forms are available from the Commissioner of Securities office.
Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 1331 because the cities’ claims were “necessarily governed by federal common law.” BP PLC et al., 19-1818). 19-1818).
Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. As a result, we are pleased to announce today the declaration of a $25 million interim dividend as we reiterate our 2025 operational and financial guidance. million in 2024 (2023: $50.1
However, some employees are paid through check or other forms of payment, which can cause complications when employees are displaced or the employer’s office is not fully operational. The regulations are clear that employers cannot use deductions “for absences occasioned by the employer or by the operating requirements of the business.”
and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. Chevron hires local companies to maintain oil wells, supply power generators, operate small drills and specialized equipment as well as manage housing contracts for employees. government.
On September 30, 2021, the EPA once again signaled a policy change on what provisions a state can include in its Clean Air Act State Implementation Plan (“SIP”) for exemptions and affirmative defenses during periods of startup, shutdown, and malfunction (“SSM”). 33840 (June 12, 2015). LAC 33:III.507.J.1. 2020 SSM SIP Policy Memorandum.
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