Articles by Daphne Psaledakis and Laura Sanicola

US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap

The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine. The …

As Russian Oil Crosses G-7’s Price Cap, US Eyes Soft Enforcement

The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven’s price cap on Russian oil as the crude trades over that level, sources and …

BP Unit to Pay Record $40M to Settle Air Pollution Civil Charges

A subsidiary of BP will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil refinery violated federal laws aimed at curbing emissions of cancer-causing benzene in wastewater and other harmful pollutants, the U.S. Justice …

Investigators Cite BP Training, Safety Failures in Ohio Refinery Deaths

BP BP.L violated U.S. process safety rules and did not train workers properly at its Toledo, Ohio refinery, contributing to the death of two workers at the plant last year, U.S. federal investigators said on Thursday. The two refinery workers …

U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry …

Cyber Insurers Seeing Surge in Interest by Energy Companies Since Pipeline Attack

U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of …

U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack

The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states. The attack …

EPA to Investigate U.S. Virgin Islands Refinery Incidents

The U.S. Environmental Protection Agency (EPA) plans to send experts and staff to a recently reopened U.S. Caribbean refinery as soon as this week to conduct an investigation, the agency said in a Tuesday statement after some residents said an …

Worker Group Alleges Unsafe Chemical Releases at Minnesota Refinery: Reuters

Inadequate safety standards at Marathon Petroleum’s St. Paul Park refinery in Minnesota have caused avoidable hydrocarbon and chemical releases that pose a threat to the community, a local worker advocacy group said in a report on Sunday, as a lockout …

Virgin Island Officials Investigating St. Croix Refinery Emissions

A “noxious” gaseous smell coming from St. Croix’s recently reopened refinery that caused schools to close was caused by excess emissions of hydrogen sulfide, U.S. Virgin Islands officials said on Friday. The Department of Planning and Natural Resources (DPNR) is …