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Indonesia Fines Cooking Oil Makers For Restricting Supply

The KPPU in Indonesia has issued fines to seven cooking oil companies for limiting sales during a period of scarce supplies last year. The...

Spain Watchdog Raids Oil Groups Over Alleged Anti-Competitive Practices

Spanish investigators have raided the offices of Repsol, Cepsa and BP in a dramatic escalation of a probe into allegations that the companies have...
Oil

US Shareholders Approve Merger Creating $6B Oil & Gas Producer

Shareholders in a longstanding Denver oil company voted Tuesday to merge the business with a Texas oil producer in a deal that shifts the...
Oil

Biden Warns Oil Companies Against Profiteering Or Price-Gouging

United States president Joe Biden predicted prices would rise further as a result of "Putin's war," but pledged to do all he could to...
ConocoPhillips

Oil Producers Unite In $9.7 Billion Shale Deal

ConocoPhillips on Monday, October 19, agreed to buy US shale oil producer Concho Resources for US$9.7 billion, as the energy sector continued to consolidate...
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Saudi Arabia Says Its Not In Talks With Russia On New...

Saudi Arabia stated on Friday, March 27, it was not in talks with Russia to balance oil markets despite rising pressure from Washington to...

China/Russia: Police take CEFC chairman, leave US$9b oil deal in limbo

According to Reuters, Chinese energy conglomerate CEFC had already started paying for a stake in Russian oil company Rosneft when China’s economic crime police...

Ukraine: Court dismisses Gazprom’s appeal of $6.4bn fine

Kiev Economic court of appeal has dismissed the complaint of Russian gas holding against the decision of the Kiev Economic Court dated December 5,...

US: Fairway Energy files antitrust lawsuit against Magellan Midstream

In an antitrust lawsuit filed today in Harris County District Court, Fairway Energy Partners, alleges that Magellan Midstream Partners and its subsidiary, Magellan Crude...

Competition Issues Regarding Procurement for Large Companies and Suppliers The Gazprom...

Svetlana Golovanova, Andrey Shastitko, Nov 27, 2013 This article demonstrates that even established and verified facts of agreements among producers are not sufficient conditions for...
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