Tag: Gulf Oil

Low oil prices: IMF chief stresses reforms, suggests levying taxes for Gulf countries

Low oil prices: IMF chief stresses reforms, suggests levying taxes for Gulf countries

Low oil prices may be combated with tax revenues, higher energy prices KUWAIT CITY _ On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut back on subsidies, lower government spending and consider levying taxes. But implementing Christine Lagarde’s suggestions is easier said than […]

By November 11, 2015 0 Comments Read More →
Louisiana politicians back Taylor Energy bid for settlement in 2004 Gulf oil leak

Louisiana politicians back Taylor Energy bid for settlement in 2004 Gulf oil leak

Taylor Energy oil platform toppled by Hurricane Ivan WASHINGTON – Capitol Hill lawmakers from Louisiana have intervened on behalf of a New Orleans company that has failed to stop a decade-old oil leak in the Gulf of Mexico but lobbied for a refund of money reserved for spill containment work, according to letters obtained by The Associated Press through […]