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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...

EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia

Jun 11 2025 // The European Union proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against...

Crews Work to Contain Diesel Fuel Spill in Baltimore Harbor

Jun 6 2025 // State, city and U.S. Coast Guard crews of more than 100 people worked overnight to contain and clean up a 2,000-gallon diesel fuel spill in Baltimore’s harbor. On Wednesday at 11 a.m., first responders received what...

BlackRock Escapes Texas Oil-Boycott List After ESG Retreat

Jun 5 2025 // BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world’s largest asset manager. The move means pension...

Alberta Wildfires Shut About 7% of Canada’s Oil Production

Jun 3 2025 // Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy crude production — about 7% of the country’s output — as a major blaze near the province’s...

Wildfires in Alberta Pose Growing Threat to Canada’s Oil

May 30 2025 // Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province...

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