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Louisiana Oil Refinery Fire Mostly Contained but Residents Worry About Air Quality
Aug 28 2023 // GARYVILLE, La. (AP) – Crews were still working to suppress flare-ups Saturday as a fire at a Louisiana oil refinery burned for a second day along the banks of the Mississippi River, while residents worried about health...
P&O Cruise Ship Crashes Into Oil Tanker, Injuring Passengers
Aug 28 2023 // A P&O cruise ship with thousands of passengers on board collided with an oil tanker off the coast of Palma de Mallorca in Spain on Sunday, injuring a small number of people. Videos posted to social media showed the...
Biden Administration Finalizes Stricter Rules to Prevent Offshore Blowouts in Oil and Gas Drilling Rigs
Aug 24 2023 // NEW ORLEANS (AP) – The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration...
Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders
Aug 23 2023 // Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known as “war risk premiums,” four traders said. A war risk premium was...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services
Aug 22 2023 // The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done little to impede the provision of western services for the trade. The number of ships calling at the...
New York City Pension Plans Seek to Dismiss Lawsuit Over Fossil Fuel Stakes
Aug 16 2023 // New York City pension funds filed a motion to dismiss a lawsuit filed in May that alleged the plans breached their fiduciary duties by selling billions of dollars of fossil fuel assets. The lawsuit was filed by plaintiffs...
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