Ban on Russian Energy Imports Gains Bipartisan, Bicameral Steam in Congress

Credit to Author: Sonal Patel| Date: Mon, 07 Mar 2022 14:25:32 +0000

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on […]

The post Ban on Russian Energy Imports Gains Bipartisan, Bicameral Steam in Congress appeared first on POWER Magazine.

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US and 25 nations accuse North Korea of violating sanctions

Credit to Author: Dennis Maliwanag| Date: Wed, 12 Jun 2019 23:11:14 +0000

US and 25 nations accuse North Korea of violating sanctions

The United States and 25 other countries are accusing North Korea of violating U.N. sanctions by importing far more than the annual limit of 500,000 barrels of refined petroleum products.

The post US and 25 nations accuse North Korea of violating sanctions appeared first on Inquirer News.

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Global oil prices raising inflation fears

Credit to Author: Tempo Desk| Date: Thu, 11 Apr 2019 16:30:05 +0000

  WHEN market prices started rising last year, critics blamed the administration’s Tax Reform for Acceleration and Inclusion Act (TRAIN) which, while lowering personal income tax rates, imposed a tariff of R2 per liter on diesel and other fuel imports where there had been none before. The new tariff raised the cost of diesel, thus […]

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