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Chevron Says One Missing After Fire at Angola Offshore Oil Platform With 17 Injured
May 21 2025 // Chevron’s Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore oil platform on Tuesday. Seventeen people were injured,...
EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil
May 20 2025 // The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis...
People Moves: Everest Promotes Mesagaes to Reinsurance Head of Renewable Energy; Westfield Specialty International Taps Arch’s Poulteney and Kailia for Offshore Energy
May 13 2025 // Everest Promotes Mesagaes as Reinsurance Head of Renewable Energy Everest Reinsurance, the reinsurance division of Everest Group Ltd., announced that Jonathan Mesagaes has been named head of Renewable Energy. He will...
EU to Propose More Sanctions on Russia’s ‘Shadow’ Oil Tankers
May 8 2025 // The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil tankers as it seek to crank up pressure on Russia over its war against Ukraine. The...
Authorities Are Cleaning Up an Oil Spill in Southeast Louisiana
May 7 2025 // Federal authorities are seeking to contain and clean up the damage from a decades-old oil well in southeast Louisiana that spewed crude and natural gas for more than a week. Upwards of 79,000 gallons (299,047 liters) of...
Trump Administration Sues Michigan to Halt State’s Fossil Fuel Lawsuit Plan
May 1 2025 // The Trump administration sued Michigan and Hawaii seeking to block the states from suing oil companies for damage caused by climate change, less than two months after the US Supreme Court rebuffed a Republican bid to...
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