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US House Panel Advances Bill to Allow Anti-trust Suits Against OPEC

2021-04-20 21:05:00| OGI

The so-called NOPEC bill, introduced by Representative Steve Chabot, would allow the U.S. Justice Department to bring anti-trust lawsuits against oil-producing countries in OPEC.

Tags: house bill panel advances

 

Mexicos Lower House Approves Contentious Oil Legislation

2021-04-15 11:15:00| OGI

The initiative is part of President Andres Manuel Lopez Obradors efforts to strengthen state influence over the energy market at the expense of private capital.

Tags: house lower oil legislation

 
 

White House convenes industry meeting to discuss chip shortage

2021-04-12 02:00:00| Total Telecom industry news

Top officials from the Biden administration are set to meet with over a dozen high-profile CEOs today to discuss the ongoing semiconductor shortage that is having major knock-on effects around the world.  When the coronavirus pandemic first began early last year, the semiconductor industry was heavily disrupted. A rapid fall in demand for certain chips – such as those for the automotive industry – led to a sharp decrease in production, with some factories temporarily ceasing production and others shifting to alternative products…read more on TotalTele.com »

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US House Bill Seeks $8 Billion for Abandoned Oil and Gas Well Cleanup

2021-04-08 23:50:00| OGI

The bill authorizing $8 billion to plug and clean up abandoned oil wells nationwide is sponsored by Representative Teresa Leger Fernandez, whose home state of New Mexico is a major oil and gas producer.

Tags: well house bill gas

 

Penguin Random House keeps furlough cash despite strong sales

2021-04-05 13:04:57| BBC News | Business | UK Edition

Like other publishers, it has seen demand for books surge during lockdown.

Tags: house sales strong cash

 

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