Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks
Feb 27 2023 // A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is on the doorstep of two regional supply powerhouses. The development suggests that traders could be scouring the market...
Home Heating Oil Leak Is Covered Due to Pollution Ambiguity, Rhode Island Court Rules
Feb 20 2023 // The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous enough to justify vacating a lower court’s summary judgment in favor of the insurer. The...
North Dakota Oil Field Explosion Injures One
Feb 14 2023 // WILLISTON, N.D. (AP) – One person was severely burned in an explosion and fire at an oil field in western North Dakota, fire officials said. The explosion was reported about 10:30 p.m. Friday at a saltwater disposal site...
Faulty Weld Led to Kansas Oil Spill; Cleanup Costs at $480M
Feb 13 2023 // TOPEKA, Kan. (AP) – A faulty weld at a bend in an oil pipeline contributed to a spill that dumped nearly 13,000 bathtubs’ worth of crude oil into a northeastern Kansas creek, the pipeline’s operator said last...
‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura
Feb 6 2023 // The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to trading giant Trafigura. About 400 crude oil vessels, or 20% of the global fleet, have...
Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products
Feb 6 2023 // The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s revenues when an EU...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products
Feb 6 2023 // European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday. EU diplomats said the price caps...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap
Feb 1 2023 // Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to market sources and Eikon data. The Group of...
Home Heating Oil Leak Is Covered Due to Pollution Ambiguity, Rhode Island Court Rules
Feb 1 2023 // The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous enough to justify vacating a lower court’s summary judgment in favor of the insurer. The...
Filipino Workers Say Oil Company Abandoned Them in Hurricane Ida
Jan 30 2023 // NEW ORLEANS (AP) – As Hurricane Ida struck the Louisiana Gulf Coast in August 2021, Renato Decena and Rosel Hernandez watched the storm punch a hole in the roof of the bunkhouse where they were sheltered _ abandoned,...
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions
Jan 27 2023 // The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on...
Davos 2023: Starmer Says No New UK Oil and Gas Fields Under a Labour Government
Jan 20 2023 // Britain’s opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government – a big change from current UK energy policies. Starmer said...
California Lawsuit Filed over Oil And Gas Drilling Ban
Jan 18 2023 // An oil company sued the city of Los Angeles over its recent law to ban the drilling of new oil and gas wells and to phase out existing ones within city limits over the next two decades. Warren Resources filed the lawsuit...
Las Vegas Solar Site Arson Was Clean Energy Message, Man Says
Jan 13 2023 // A Colorado dentist accused of setting a fire that damaged a transformer at a solar power array outside Las Vegas last week told investigators he wanted to send a message supporting clean energy and denied his intention was...
Oil Worker Dies After Falling Into North Dakota Pit
Jan 9 2023 // BISMARCK, N.D. (AP) – A worker from Texas is dead after falling at an oil rig site in North Dakota. Daniel Navarrete, 42, of New Braunfels, Texas, fell through an open hatch Thursday in a pit at a Nabors Industries rig...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap
Jan 9 2023 // Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed cap — following sanctions targeting the Kremlin’s revenue from petroleum sales. The...
Activists Say They’ll Continue to Call out Liberty Mutual for Fossil Fuels
Jan 5 2023 // Right after Tim Sweeney took the helm as Liberty Mutual’s CEO, a group of activists hosted a demonstration asking the him to “pick fossil fuels or Boston” by prioritizing climate policies to mitigate risk...
Tennessee Power Outages Amplify Calls for TVA to Rethink Fossil Fuels
Jan 2 2023 // A federal utility’s decision to resort to rolling blackouts after coal and natural gas units went offline during dangerously cold conditions has intensified questions about the Tennessee Valley Authority’s...
Exxon Sues to Force EU to Scrap New Windfall Profits Tax on Oil Companies
Dec 29 2022 // U.S. oil major Exxon Mobil Corp. is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy. Record profits...
Oil Refiners Restoring Lost Output After Arctic Blast
Dec 28 2022 // U.S. oil refiners on Tuesday were working feverishly to resume operations at a dozen facilities knocked offline by a holiday deep freeze, a recovery that in some cases will stretch into January. An Arctic blast sent...
