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Occidental Petroleum : First Quarter 2024 Earnings Considerations - Form 8-K -April 10, 2024 at 07:33 am EDT

First Quarter 2024 Earnings Considerations

Occidental Petroleum Corporation is providing the following summary of earnings considerations that management believes will impact...

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ME legislation aims to uncover corporate tax avoidance

Maine lawmakers are considering legislation to require corporations to reveal the amount of state income taxes they pay. Supporters of the bill say more state level data are needed to determine the extent of corporate tax avoidance. Maura Pillsbury, tax policy analyst for the Maine Center for Economic Policy, said too often corporations use tax loopholes and accounting schemes to avoid state taxes while benefiting from millions of dollars in state subsidies and tax breaks. ...

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'The Conservative Environmentalist' proposes bipartisan climate solutions | Business

The key to climate crisis solutions is making it a nonpartisan issue and balancing the need for fossil fuels while ramping up renewable energy resources.

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Twenty U.S. oil and gas trade groups unite against Biden's "misguided" methane fee

Twenty U.S. oil and gas trade groups unite against Biden's "misguided" methane fee
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American Energy Groups Unite Against Proposed Methane Fee Rule

American Energy Groups Unite Against Proposed Methane Fee Rule
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20 U.S. oil and gas trade groups unite against Biden's "misguided" methane fee

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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ME naval workers seek state backed loans in case of government shutdown / Public News Service

Federal workers in Maine are backing legislation to help ensure they can pay their bills in case of a government shutdown. Those who might be furloughed or required to work without pay are requesting access to state-backed, no-interest loans. Alana Schaeffer, president of the Metal Trades Council at the Portsmouth Naval Shipyard, said the 6,000 workers overhauling the nation's submarines deserve support. ...

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Oil and gas leases blocked on Permian Basin state land most likely to produce fossil fuel

Oil and gas leases blocked on Permian Basin state land most likely to produce fossil fuel
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NM Land Office withholds leases on prime oil land

As it stands, the state receives 18% to 20% in royalties from oil pumps in the Permian Basin for a typical parcel of land. However, for the prime real estate, officials say they would like to increase that rate to 25%, matching the market value in neighboring states.

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New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin

New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin
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