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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...

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