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...A Delaware court will soon begin an auction for Citgo Petroleum, the seventh-largest oil refiner in the United States....
...Commodity shocks threaten the energy transition The commitment by the United States and its allies to accelerate global decarbonisation is both laudable and necessary, but the transition provides adversaries...
...Ozane lives close to the Citgo Lake Charles refinery — one of the US’s largest — and several petrochemical plants, whose presence is ever visible from the orange glow caused by the flaring of gases....
...Since 2000, the population of Texas has grown by more than 9mn, well ahead of any other state. The state’s gross domestic product has roughly tripled over that period to $2.36tn....
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
..., these six individuals should be immediately returned to the United States.”...
...tax laws, and sales from the Strategic Petroleum Reserve....
...It’s been a little over a year since Joe Biden was elected the 46th president of the United States, with a promise to put climate change — the “number one issue facing humanity” — at the heart of his administration...
...Hurricane Laura struck the US state of Louisiana in the early hours of Thursday, slamming the Gulf of Mexico coast with winds of up to 150mph and sending walls of seawater miles inland....
...The affected refineries included North America’s largest, Motiva Enterprises’ 630,000 b/d plant at Port Arthur, as well as Citgo’s 425,000 b/d refinery at Lake Charles, S&P said....
...And then, after two months of holding squares across the United States, Occupy was hit by the authorities....
...“We believe that the second coming of the Lord is going to get here before a just transition makes it our way,” said Cecil Roberts, president of the United Mine Workers of America....
...The Nigerian National Petroleum Corporation is now offering cargoes of Bonny Light and Qua Iboe, two of its main grades, at almost $4 a barrel below Dated Brent, or near $10 barrel....
...Emboldened by the US order, Mr Guaidó’s parallel government has hinted it might skip a $913m payment due in late October to holders of a bond maturing in 2020 that was issued by state-owned oil company PDVSA...
...Power points Mustafa Sanalla, head of Libya’s National Oil Corporation, told the FT that “some regional countries” — a reference to the United Arab Emirates and Saudi Arabia — were stymying efforts to end...
...We’ve already covered Sanders’ trade views at Trade Secrets, and pointed out that while he embraces multilateralism and holds corporations, rather than nation states, accountable for “bad deals”, his protectionist...
...advice for EU states to stave off the threat of Chinese takeovers....
...In a recent twist, the United States Office of Foreign Asset Control precluded, for 90 days, the enforcement of a bond owed by the Venezuela oil company PDVSA....
...Shares in Boeing, Airbus, Qantas, United Airlines and British Airways-owner IAG are all down more than 50 per cent this year. The industry is lobbying for state bailouts....
...Citgo, the US-based refiner, is a burning case in point. Although owned by state oil company PDVSA, it is controlled by a Guaidó-appointed board of directors that Mr Maduro regards as illegitimate....
...The United States is about to go through a months-long liquidity crisis in the shops, restaurants and wallets of the real economy....
...The private equity arm’s parent, Abraaj Holding, is owned by shareholders including Mr Naqvi, the Investment Corporation of Dubai, the emirate’s holding firm, the family behind Sharjah’s Crescent Petroleum...
...Ambitious deals by large companies ranging from drugmaker AbbVie to defence contractor United Technologies, to oil group Occidental Petroleum, have driven US activity....
...While bankers in the US have been kept busy with mega deals from the likes of drugmaker Bristol-Myers Squibb, defence contractor United Technologies and oil group Occidental Petroleum, European bankers have...
...That was how Sergei Evstigneev, the region’s IT and communications minister, described the situation when we met him in the offices of the state-owned Kaliningrad Region Development Corporation....
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