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EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap
Dec 8 2025 // The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in a bid to reduce the oil revenue that helps finance Russia’s war in...
California Resources Reports Oil Fluid Spill in Monterey County
Dec 5 2025 // A pipeline owned by California Resources Corporation subsidiary Aera Energy spilled 96 barrels of produced fluid — a mixture of oil and water — early Friday morning at an oil field in Monterey County in...
Third Russia-Linked Oil Tanker Suffers Explosions at Sea
Dec 1 2025 // An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days. Seawater entered the engine room of...
US Terror Label in Venezuela Deepens Risk for Oil Companies
Nov 26 2025 // The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela, experts say. On Monday, the administration...
COP30 Climate Deal Fails to Detail Fossil Fuel Cuts, but Pledges Adaptation Funding
Nov 24 2025 // United Nations climate talks in Brazil reached a subdued agreement Saturday that pledged more funding for countries to adapt to the wrath of extreme weather. But the catch-all agreement doesn’t include explicit...
Florida Republicans Oppose Trump Offshore Oil Leasing Plan
Nov 24 2025 // Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drilling in waters off the state’s Gulf Coast. The reactions came in response to an...
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