An oil tanker and a container ship collided off the northeastern coast of England, according to emergency responders, who scrambled to the scene on Monday morning. Initial images shared by the BBC showed fire and thick black smoke rising from…
Tag: Oil (Petroleum) and Gasoline
Russia Hits Ukrainian Power and Gas Facilities in Widespread Attack
Russia unleashed a furious bombardment aimed at critical Ukrainian infrastructure overnight on Thursday and on Friday amid increasing worries that the American decision to withhold intelligence assistance could leave Ukraine more vulnerable to attacks. Ukraine’s energy minister, German Galushchenko, said…
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia…
Finland Lets Eagle S Tanker Depart to International Waters
The Finnish authorities said on Sunday that they had released an oil tanker seized in December over suspicions that it had deliberately cut vital undersea cables but that a criminal investigation into the episode would continue. The authorities said last…
Greenpeace Faces Tough Start in Trial Over Dakota Access Pipeline Protests
The opening week of the landmark trial of Greenpeace in a multimillion-dollar lawsuit by Energy Transfer over the Dakota Access Pipeline protests did not bode well for the defense. Lawyers for Greenpeace said so themselves in a petition filed in…
What’s at Stake in the Ukraine-Trump Minerals Deal?
Officials in Ukraine and the Trump administration say they are close to a deal that would give the United States revenues from Ukraine’s minerals and other natural resources, including titanium, lithium, oil, natural gas and rare earth elements. A draft…