Sunday, 19 January 2025

Focus on Oil

Finnish Coast Guard stops a small boat which tried to reach the oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland December 30, 2024.  Lehtikuva/Jussi Nukari/via REUTERS
BusinessEnvironmentMaritimeNewsOilPoliticsRegulationsTrade

Owner seeks release of oil tanker seized in Finland cable probe

The owner of the seized oil tanker Eagle S, suspected of damaging undersea cables in the Baltic Sea, is seeking its release.

U.S. Secretary of Interior Deb Haaland attends a hearing on Capitol Hill in 2021. REUTERS/Joshua Roberts/File Photo
ClimateElectricityEmissionsEnvironmentGeothermalIndigenousNatural GasNewsOilPoliticsRegulations

US agency takes steps to protect Nevada mountains from energy development

Biden moves to shield 264,442 acres in Nevada's Ruby Mountains from oil, gas, and geothermal development for 20 years.

FILE PHOTO: A view of Shell's Pulau Bukom refinery in Singapore, July 18, 2024. REUTERS/Caroline Chia/File Photo
ClimateEnvironmentFuelNewsOil

Shell shuts down oil processing unit to investigate leak, Singapore’s port authority says

Shell estimates that a few tonnes of refined oil products, along with cooling water discharge used in the refining process, have leaked.

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019.   REUTERS/Carlo Allegri/File Photo
ClimateCoalCourtsEmissionsFuelLegislationNatural GasNewsOilPoliticsResiliency

New York to fine fossil fuel companies $75 billion under new climate law

The law is intended to shift some of the costs of climate change from individual taxpayers to fossil fuel firms.

FILE PHOTO: The headquarters of Petroleos del Peru (Petroperu), a state company dedicated to the refining, distribution and marketing of fuels, is seen at the district of San Isidro in Lima, Peru, May 4, 2017. REUTERS/Mariana Bazo/File Photo
ClimateEnvironmentFuelNewsOil

Peru declares environmental emergency after oil spill

State oil firm Petroperu spilled a crude oil shipment into surrounding waters of the Pacific Ocean last weekend.

FILE PHOTO: Volunteers work to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
ClimateEnvironmentFuelNewsOil

Russia declares federal emergency over Black Sea oil spill

Two oil tankers were hit by a storm on Dec. 15. One split in half and the other ran aground.

FILE PHOTO: A volunteer works to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
BusinessClimateEconomyEmissionsEnvironmentNewsOilPoliticsRegulationsTrade

Russian region declares emergency situation as Black Sea oil spill fallout widens

Authorities in Russia's Krasnodar region declared a state of emergency as oil continues to wash ashore from damaged tankers.

y, Genesee County and state of Michigan agencies respond to an oil spill in the Flint River, Wednesday, June 15, 2022. (Jake May/MLive.com/The Flint Journal via AP, File
BusinessCourtsEnvironmentNewsOil

Company official charged in 2022 oil-chemical discharge into Michigan’s Flint River

FLINT, Mich. (AP) — The president of a chemical company has been charged in connection with the unauthorized discharge of oil that left...

FILE PHOTO: People work to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
ClimateEmissionsEnvironmentNewsOilPoliticsRegulations

Black Sea oil spill volunteers in Russia ask Putin to send urgent help

The oil is from two ageing tankers hit by a storm on Dec. 15. One of the vessels split in half, while the...

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