Focus on Oil
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.
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.
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.
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...
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...
Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin
Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.
Brazil’s Petrobras to sign deal for four new support vessels built locally
Transpetro awarded a $69.5M tender for four coastal vessels to boost Brazil's shipbuilding sector after a decade of stagnation.
Despite climate goals, Maine rebates for electric vehicles are running on empty
Maine now registers 13 electric vehicles for every 200 cars, up from 3 in 2020, but rebate funding to support this growth is...
Plan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports
Wealthy nations' plan to limit fossil fuel financing has collapsed, with ongoing negotiations expected to continue into January.
Northern Oil and Gas in bid to acquire smaller rival Granite Ridge, sources say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.
