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NTSB Blames Delayed Response for 2023 Oil Spill off Coast of Louisiana

Jun 27 2025 // Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem, the...

Coal Loophole Undermines Bank Pledges to Cut Fossil Fuel Funding

Jun 24 2025 // In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very different sets of...

U-Turning Oil Supertankers Cross Hormuz After Avoiding It

Jun 23 2025 // Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours. On Sunday, the...

Texas to Create Task Forces to Target Oil Field Thefts

Jun 23 2025 // At least three times a week, Darin Mitchell gets the call. Oil drums have been stolen. Copper wires were yanked. Other field equipment at an oil and gas facility was pilfered. The Winkler County Sheriff dispatches his...

Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus

Jun 20 2025 // Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative trading...

Most G-7 Members Ready to Lower Russian Oil Price Cap Without US

Jun 12 2025 // Most countries in the Group of Seven nations are prepared to go it alone and lower the G-7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said. G-7...

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