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Posted By Sanford Nowlin on Mon, Dec 21, 2020 at 1:36 PM click to enlarge Wikimedia Commons / Library of Congress Valero's Port Arthur refinery San Antonio-based Valero Energy Corp., one of nation's largest refiners, ranks among the oil and gas industry's worst emitters of greenhouse gases, according to a new analysis of federal data. Valero's 14 production ...
Nigerian court jails seven for oil theft Reuters"> By Reuters - 24 November 2020 - 13:23 A reflection of two gas flaring furnaces and a woman walking on sand barriers is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State, Nigeria. The court on Monday sentenced seven of the 10 suspects to seven years imprisonment for oil theft. Image: AFOLABI SOTUNDE A Nigerian court has sentenced six foreigners and one Nigerian to seven years in prison for oil theft, the Economic and Financial Crimes Commission (EFCC) said on Tuesday, three years after ...
Daily Post Nigeria Published The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, risks a two-year jail term over refusal to pay N182 billion judgement debt. A contempt charge of two years imprisonment was filed against Emefiele to order payment of N182 billion naira to Ogoni people as ordered by a law court. The 182 billion naira was awarded against oil giant Shell Petroleum over the devastating oil spill, caused by the Ogoni land by the company. The Ogonl people represented by Chief Lucious Nwosu SAN, filed the contempt charge praying the Federal High Court in Abuja to commit ...
Petron assures steady fuel supply as it suspends Bataan refinery operations by January 2021 enablePagination: false (FILE PHOTO) Metro Manila (CNN Philippines, December 15) — Petron Corporation said it will be pausing its local refinery operations in Bataan by late January to cut losses, but assured that fuel supply will remain steady. The listed oil refiner and retailer confirmed the statements of its president and chief executive officer Ramon Ang that the company will temporarily close its facility in Limay, Bataan amid tax woes. Ang previously lamented duties on petroleum products, say...