All the headlines from our Energy Topic Page, ordered by recency.
Sep 20 2024 // Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by forcing some vessels out of...
Sep 18 2024 // Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow’s export revenue...
Sep 18 2024 // Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said.The opaque nature of the ownership of those...
Sep 17 2024 // Several oil companies including Exxon Mobil and Chevron defeated an appeal on Monday by consumers who accused them of colluding with former U.S. President Donald Trump, Russia and Saudi Arabia to cut oil production,...
Sep 16 2024 // The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away.“The tug boats have successfully connected to the vessel...
Sep 13 2024 // Texas is inching closer to adopting revised oil and gas waste management rules for the first time in four decades.The Railroad Commission of Texas announced the draft rule at its Aug. 15 meeting and is now soliciting...
Sep 13 2024 // Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red Sea for over three weeks after it was attacked by Houthi militants, the European Union naval force in the...
Sep 9 2024 // Tropical Storm Francine strengthened as it moved north in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US Coast Guard warned shippers of approaching...
Sep 5 2024 // A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the...
Aug 30 2024 // A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on Friday.What...
Aug 29 2024 // The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near the Greek-flagged tanker hit by a fiery Houthi militant attack off Yemen’s coast.The mission, called...
Aug 29 2024 // Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might to help avert an environmental disaster.The 900-foot Sounion was hauling...
Aug 28 2024 // The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for the trade route, industry...
Aug 28 2024 // An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking, raising the specter of an environmental disaster, a Pentagon spokesman said on Tuesday.The comments...
Aug 26 2024 // Fires were burning around the oil tanks of a ship that was attacked by Houthi militants in the Red Sea, but there were no signs of a spill so far, the European Union naval force in the region said.Flames were seen in at...
Aug 23 2024 // The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this week.The Sounion’s crew were evacuated from the ship in the past few days after the vessel was struck by multiple...
Aug 23 2024 // Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London.The Galaxy, the Liberty and the Rigel, all of which moved...
Aug 22 2024 // The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support.Delta Tankers, which operates the Sounion, said Thursday that plans are now in place to move the vessel to a safer...
Aug 15 2024 // PECOS COUNTY, Texas – On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap used a backhoe to uncover an abandoned or so-called zombie well that had sprung back to life despite being...
Aug 8 2024 // A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of breaching the rules of a G7 price cap, data from traders and...