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A 50% Surge in Zombie Oil Wells Prompts Texas to Crack Down on Toxic Water Leaks
Apr 24 2026 // Texas is planning new rules to speed up its response to so-called zombie oil wells after the number of sites leaking toxic wastewater increased more than 50% this year. Oil companies in the largest US crude-producing state...
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes
Apr 22 2026 // The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and...
Low-Producing Oil Wells Cause Headaches for Texans
Apr 20 2026 // Some Texas oil wells gush hundreds of barrels of oil a day. But many are like the wells on Jackie Chesnutt’s ranch in West Texas that only trickle out a couple barrels a month. Chesnutt, a retired engineer, claims...
Pemex Undersea Pipeline Found to Cause Gulf Oil Spill
Apr 20 2026 // An oil spill in the Gulf of Mexico that soiled beaches, killed wildlife and sparked outrage from environmental groups was caused by a leaky pipeline owned by state oil company Petroleos Mexicanos, the company said. A...
Sanctioned Russian Oil Ships Using Fake Insurance, Ukraine Says
Apr 16 2026 // A number of Russian shadow fleet tankers are transporting oil with insurance certificates from a company that doesn’t exist as it’s described in the documents, according to an intelligence assessment from...
Update: Here’s a List of Non-Iranian Oil Tankers Transiting Hormuz Since Start of War
Apr 14 2026 // The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the Iran war. Ordinarily, roughly one fifth of...
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