Oil spill leads to ‘national emergency’ in Trinidad and Tobago
An unidentified ship has spilled oil onto the coast of Trinidad and Tobago, creating a “national emergency,” the country’s prime minister said on Sunday. The capsized and largely submerged ship began leaking oil last Wednesday just off the south coast of Tobago, the smaller of the twin islands at the southern end of the Lesser […]
Biden admin hit with legal challenge over historic restrictions on offshore oil drilling
The nation’s largest fossil fuel industry association has filed a legal challenge against the Biden administration over its offshore oil and gas leasing program, which includes the lowest number of lease sales in U.S. history. The American Petroleum Institute (API) on Monday argued that the Department of the Interior’s (DOI) plan to restrict future offshore […]
Trinidad & Tobago says oil spill from mystery vessel is national emergency | Trinidad and Tobago
Trinidad and Tobago’s prime minister says a major oil spill near the twin island nation has caused a “national emergency” and vowed the government will spare no expense to help repair the island’s coast. . Oil from the spill has covered many beaches on Tobago’s southwest coast, and the government has yet to identify the […]
How NM legislators want to spend and save multibillion-dollar oil surplus
New Mexico’s strategy for spending and investing its multibillion-dollar annual surplus closely tied to oil production came into focus Saturday as legislative committees advanced annual spending plans for a vote in the full Senate. became. Lawmakers are putting the brakes on recent double-digit budget increases in the nation’s second-largest oil-producing state after Texas, while also […]
Oil stocks share a bullish similarity with semis, but 'no one cares,' VanEck CEO says – CNBC
Investors may want to consider putting money into lagging parts of the market. Oil stocks are in trouble, according to VanEck CEO Jan van Eck. ” [oil] The supply is there.These companies are probably the next best cash flow companies. [compared to] He told CNBC’s “ETF Edge” this week that semiconductors are trading on double-digit […]
Gas and oil prices are on the rise as warm weather brings more demand
Gasoline prices are up 8 cents from last month. (iStock) With warmer weather on the horizon, gas prices are trending upward as usual. Last week the price rose to $3.15, but AAA reported. This week’s price was 8 cents higher than this time last month, but 29 cents lower than last year. “It’s like sitting […]
Fire erupts at Russian oil refinery from Ukrainian drone strike
2 Ukrainian drones Attacked a major oil refinery A fire broke out overnight in southwestern Russia, according to reports. According to media reports, Ukraine’s SBU security services were behind the operation of a refinery located in the Volograd region and owned by industry giant Lukoil. Local media V1 published photos of what it said were […]
Russia-Ukraine war live: reports of fire after Ukrainian drone hits Volgograd oil refinery | Ukraine
important events Show only major events Please turn on JavaScript to use this feature Ukraine informs US of plans to remove top commander – Report We reported earlier this week that the commander-in-chief of Ukraine’s armed forces, General Valery Zarzhiny, had refused to resign at the request of President Zelenskiy. Now, Reuters reports that Kiev […]
Gas prices increase in synch with oil costs and growing demand
One reason gas prices are rising is because more drivers are on the road. (iStock) According to the latest AAA, gas prices rose by a nickel this week due to higher crude oil prices and an increase in motorists as the winter weather thaws. report. According to Energy Information Administration (EIA) data, as oil prices […]
Tory donor’s oil and gas company given North Sea licence after £150,000 fine | Energy industry
An oil and gas company owned by a major Tory donor who was fined for illegally starting fires has been given permission by the government to drill for fossil fuels. This week the government granted rights to drill for fossil fuels in 24 new concession areas in the North Sea.one of the licenses EnQuest Given […]