There are distressed energy investors, investors who are distressed about energy, and then there are investors who will buy distressed properties that no one else would touch with a ten-foot pole. Of late that last group is starting to become interested in an area of the world that is radioactive to every other investor out there; Iraq.
Oil
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We will never sell or share your information without your consent. See our privacy policy.Shocker From EIA – Lifting The Crude Export Ban Results In More Crude Exports
By Wayne D'Angelo | Kelley Drye & Warren LLP
Since the removal of restrictions on exporting U.S. crude oil in December 2015, the number of countries receiving exported U.S. crude has risen sharply.
The success of Riyadh’s new economic policy will partly depend on changes in social and political attitudes, as well as greater transparency on legal and other issues. In 1984, a British ambassador departing Saudi Arabia at the end of his tour wrote a “valedictory telegram” defining the kingdom in terms of three “I’s” — Islam,… Keep reading →
Lining Up The Tools To Break The Islamic State Brand
By Alberto Fernandez
Reversing the political, military, and ideological factors that led to the movement’s rise will require substantive projects that are as self-sustaining and nimble as IS has proven to be. The Islamic State brand is an ambitious and seductive vision that has proven to be a tremendous media success. Yet this vision is ultimately tethered to… Keep reading →
Things That Never Change In The Oil Patch: How To Aggravate The SEC
By Charles Sartain | Gray Reed & McGraw, P.C.
In the spirit of Charles Ponzi, today we offer advice for attracting special attention from powerful federal authorities who want to punish you.
Saudi-Iranian Tensions Impact On Plunging Oil Prices
By Conor O'Sullivan
The end of diplomatic relations between the Persian Gulf’s two major powers following the execution of prominent Shiite cleric Nimr Baqir al-Nimr and forty-six others on terrorist charges lead to a fall in oil prices on Monday. Analysts had expected prices to increase as OPEC became embroiled in a sharp division between two of its… Keep reading →
As we write, the United States is once again an exporter of crude oil. Sure, in the past the federal government has allowed limited crude exports. The oil tanker that left the Port of Corpus Christi, Texas, late last week is the bearer of the first freely traded U.S. crude in about four decades –… Keep reading →
Spending Bill Lifts U.S. Oil Export Ban And Extends Tax Credit For Renewables
By Enerknol Research
On December 18, 2015, President Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029), which includes multi-year extensions for federal tax incentives for wind and solar generation facilities and lifts the 40-year-old ban on crude oil exports from the United States. The $1.1 trillion spending bill, which funds the government through September 2016,… Keep reading →
Energy News Roundup: End Of Crude Export Ban, Senate Passes Chemical Safety Bill & Costa Rica’s Renewable Revolution
By Conor O'Sullivan
Congress abolished the 40-year ban on oil exports this past week, a victory for oil companies and conservatives that few thought conceivable until recently. [WSJ] The Senate has passed a much-anticipated bill proposing broad reforms to an existing chemical safety law — one which environmentalists have long argued puts the American public at unnecessary risk… Keep reading →
Budget Deal Includes Repeal Of U.S. Crude Oil Export Ban
By Christian C. Davis, Stephen Davis, Edward Rubinoff, Henry Terhune | Akin Gump Strauss Hauer & Feld LLP
On December 15, 2015, U.S. congressional leaders announced a year-end budget compromise that removes the ban on the export of crude oil from the United States.
