Oil China refuses oil from Russian companies hit by U.S. sanctions Sharon Cho and Serene Cheong, WORLD OIL, March 17, 2020 The trading arm of a Chinese state-owned refiner is turning away crude from Russian energy giant Rosneft PJSC, the parent of a unit hit by U.S. sanctions.  Sinochem International Oil (Singapore) on Monday sought crude for May-to-June delivery, company … read more

Track COVID 19 around the world,   in real time – compliments of Microsoft Oil Banks divesting from Arctic oil development are in a glass house throwing stones Anchorage Daily News Editorial Board, March 15, 2020 The past several weeks have seen a handful of the world’s largest banks announce that henceforth, they won’t finance oil development in the Arctic, with … read more

We channel our inner Mark Twain today (with help from economist Roger Marks) as we review the press release of March 11th   from those supporting the oil tax initiative, highlighting  “the things they know that just ain’t so” What they know? “The  current tax law , SB 21, hurts Alaska most when the price of oil drops.  Currently  Alaska gives … read more