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Philippines Rushes to Contain Oil Spill From Sunken Tanker
Jul 25 2024 // Philippine authorities are rushing to contain an oil spill from a tanker that sank early Thursday, killing one crew member, after Typhoon Gaemi battered the nation. A Philippine-flagged tanker carrying 1.4 million liters...
Canadian Wildfires Threaten Oil Output, Prompt Evacuations
Jul 24 2024 // Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak...
Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions
Jul 23 2024 // Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if something goes wrong, a key provider of cover said. Moscow-based Ingosstrakh PJSC has emerged of a...
Oil Slick Off Texas Coast Tied to Abandoned Platform in Gulf
Jul 22 2024 // Federal and state officials are developing plans to respond to an oil sheen in the Gulf of Mexico tied to an abandoned platform at least eight miles off the Texas coast. State officials were notified about the apparent...
Update: Oil Tanker That Fled Collision Site Is Detained in Malaysia
Jul 22 2024 // A tanker that fled the scene of a fiery Friday collision off Singapore entered the area of Malaysia’s Bertam floating oil terminal on Monday after being tracked down and intercepted by Malaysian authorities, shipping...
New Jersey Group Eyes Insurance Surcharges, Oil Fees to Fund Resiliency Projects
Jul 22 2024 // A 2% surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum are ways a public-private group formed in the aftermath of Superstorm Sandy recommends to pay for...
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