A one-time application of the 15 per cent tax on Big Oil’s 2022 profits could generate $4.2 billion, a recent report from the Parliamentary Budget Officer found.

Source: https://www.nationalobserver.com/2023/11/23/news/feds-pushed-firm-commitment-greener-homes-cash

He said that many refineries, including Indian Oil’s Paradip unit are capable of using the heavy Venezuelan oil.

Source: https://www.orissapost.com/india-will-buy-oil-from-venezuela-says-hardeep-singh-puri/

Imperial Oil’s president and CEO described the failure to alert downstream communities to toxic oilsands tailings leaks as a “communication breakdown” during his testimony on Parliament Hill on Thursday.

Source: https://www.nationalobserver.com/2023/04/21/news/imperial-execs-testify-toxic-tailings-leak-parliament-hill-protesters

Just Stop Oil’s continued use of direct action protest comes after fellow climate activist group Extinction Rebellion (XR) said it will move away from disruptive methods of demonstration.

Source: https://www.ardrossanherald.com/news/national/23476398.just-stop-oil-activists-disrupt-traffic-central-london/?ref=rss

Murphy Oil’s payout ratio is currently 17.97%.

Source: https://www.etfdailynews.com/2023/02/16/california-public-employees-retirement-system-has-12-06-million-stock-position-in-murphy-oil-co-nysemur/

Oil’s retreat is a particular setback for Saudi Arabia, which leads a coalition between the Organization of Petroleum Exporting Countries and other major crude producers including Russia.

Source: https://businessmirror.com.ph/2023/11/12/predicted-oil-price-at-100-a-barrel-dampened-by-stagnating-demand/?utm_source=rss&utm_medium=rss&utm_campaign=predicted-oil-price-at-100-a-barrel-dampened-by-stagnating-demand