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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...
Clean Energy Assets Face Coverage Risks, Zurich Insurance Says
Jun 25 2025 // Assets designed to help fight climate change may soon risk losing access to insurance unless they’re adequately shielded from extreme weather events. Roughly 46% of Europe’s total renewable generation capacity...
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...
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