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Gulf of Mexico oil and gas production is almost fully restored following hurricane Francine, a statement posted on the Bureau of Safety and Environmental Enforcement’s (BSEE) website on Monday revealed. In the statement, the BSEE noted that, from operator reports, it estimates that approximately 12.18 percent of the current oil production and 16.02 percent ...
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The UK government is cracking down on an oil trading empire led by Hossein Shamkhani, whose web of firms have drawn scrutiny for helping move Iranian and Russian crude around the world, people familiar with the matter said. Companies House, the country’s corporate register, gave notice on Sept. 3 that London-based Nest Wise Trading Ltd. is to be struck off ...
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