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U.S. crude oil exports reached record levels in 2020, remain high in 2021 worldoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldoil.com Daily Mail and Mail on Sunday newspapers.
U.S. crude oil production efficiency increased only in the Bakken region in 2020 - Today in Energy - U.S. Energy Information Administration (EIA) eia.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eia.gov Daily Mail and Mail on Sunday newspapers.
Getty Images Former prime minister Dame Jenny Shipley was one of the Mainzeal directors. In February 2019, Mainzeal directors, Shipley, Yan, Peter Gomm and Clive Tilby were found liable for breaching director duties by trading recklessly, and ordered to pay a total of $36m in damages and $2.3m in costs to Mainzeal. When the March judgment from the Court of Appeal was published, the liquidators said it was likely to lead to a significant increase in the award for damages for the creditors. The court had opened up “the real prospect” of all directors being jointly and severally liable for the full amount of damages, Bethell said. ....
Voluntary OPEC production cuts have been contributing to reduced U.S. crude oil imports from OPEC so far in 2021. Comparatively stable U.S. crude oil imports from Canada, however, have been mostly the result of longer-term trends. Between 2005 and 2020, U.S. crude oil imports from OPEC members decreased rapidly, but imports from non-OPEC members remained relatively high. In particular, U.S. crude oil imports from Canada more than doubled to average 3.6 million b/d in 2020, which was more than the combined total of crude oil imports from all other countries. Because of increased domestic production of light crude oil, U.S. imports of medium and light crude oils have decreased while U.S. imports of heavier crude oils have remained comparatively stable. This trend has resulted in declining crude oil imports from OPEC member countries because OPEC has historically exported medium and light crude oil grades to the United States. In contrast, imports from Canada and other non-OPE ....
Richard Yan, Dame Jenny Shipley and remaining directors file leave applications. All four Mainzeal directors have sought the highest court’s permission to appeal a recent Court of Appeal decision in the long-running directors’ duties lawsuit. The Supreme Court confirmed to NBR it has received applications for leave to appeal from former chief executive Richard Yan, former chair and ex-prime minister Dame Jenny Shipley and former directors Peter Gomm and Clive Tilby. The Appeal Court in March ruled all four directors of the construction company breached the Companies Act for reckless trading ahead of its collapse in 2013, owing creditors more than $111 million. ....