Tag: Fee

Study weighs cost of carbon on upstream sector – Wood Mackenzie

Study weighs cost of carbon on upstream sector – Wood Mackenzie

“Most intriguing finding was risk is less than we expected” A new study released by Wood Mackenzie, Positioning for the Future, is the first comprehensive study ever carried out into carbon emissions in the upstream oil and gas sector, according to a press release. “The carbon emissions targets set by the Paris Agreement, together with […]

By September 20, 2017 0 Comments Read More →
Western Energy demands $20 million termination fee from Savanna Energy

Western Energy demands $20 million termination fee from Savanna Energy

Demand for payment provides Savanna with 5 business days to pay termination fee Western Energy Services Corp.  announced it issued a formal demand for payment to Savanna Energy Services Corp. for payment of a termination fee in the amount of $20,000,000 in respect of the arrangement contemplated by between Western and Savanna, according to a Western […]

New report says Obama’s $10/b oil tax could damage US economy – Murkowski

New report says Obama’s $10/b oil tax could damage US economy – Murkowski

White House calls $10.25/b levy a “fee” rather than a tax, says Murkowski U.S. Sen. Lisa Murkowski, R-Alaska, on Tuesday released a second report prepared by the Congressional Research Service (CRS) raising key questions about President Obama’s proposal to levy a new $10-per-barrel tax on oil. An earlier CRS analysis of that proposal concluded the plan would […]

By February 24, 2016 0 Comments Read More →