TRENTON, N.J. — A New Jersey court dismissed the state’s lawsuit against major oil companies for their alleged climate change role, delivering a setback to environmental activists and the attorney…
YONKERS, NY – Yonkers Police arrested a 36-year-old New York City resident after he was caught stealing oil from businesses along Central Park Avenue, a busy commercial area. The incident,…
DAVID BLACKMON: This Agency Is Scrambling To Adjust Its Absurd ‘Peak Oil’ Predictions David Blackmon on December 16, 2023 The International Energy Agency, led by climate alarm advocate Fatih Birol,…
DAVID BLACKMON: The FTC Should Ignore Chuck Schumer’s Embarrassing Attack On ‘Big Oil’ David Blackmon on November 11, 2023 Consolidation in the U.S. shale sector has always seemed an inevitability…
China Strikes A Deal To Get Oil From The Taliban Jack McEvoy on January 6, 2023 A subsidiary of a Chinese state-run energy firm signed a deal Thursday to extract…
Russia Bans Oil Exports To Countries That Enforce Price Cap Jack McEvoy on December 27, 2022 Russian President Vladimir Putin declared Tuesday that his nation will ban crude oil and…
Russia Plots New Oil Production Cut To Starve The West Of Fuel Jack McEvoy on December 23, 2022 Russian Deputy Prime Minister Alexander Novak said Thursday that Moscow may cut…
NEWARK, N.J. – The chief engineer of a towing vessel today admitted his role in negligently discharging marine diesel fuel oil into the Kill Van Kull, U.S. Attorney Philip R. Sellinger…
OKLAHOMA CITY – January Environmental Services, Inc., January Transport, Inc. and company-owner Cris January (collectively Defendants) will pay civil penalties of $1.9 million and perform comprehensive corrective measures to resolve allegations…
OKLAHOMA CITY – January Environmental Services, Inc., January Transport, Inc. and company-owner Cris January (collectively Defendants) will pay civil penalties of $1.9 million and perform comprehensive corrective measures to resolve allegations…
LOS ANGELES – A Texas-based oil company and two of its subsidiaries have agreed to plead guilty to violating the federal Clean Water Act, pay a $7.1 million criminal…
Tampa, FL – U.S. District Judge Steven D. Merryday has sentenced Hector Fabio Garcia Vengohechea (59, Cartagena, Colombia) to 30 years in federal prison for conspiring to distribute and possess…
HOUSTON – A 41-year-old Spring resident is set to appear in federal court on charges of fraud, announced U.S. Attorney Jennifer B. Lowery. Christopher Russell Bentley is expected to make…
By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON – The West’s energy giants are set to return a record $30 billion to investors after reporting bumper profits in the…
Iran Ramps Up Nuclear Activity After US Squeezes Oil Industry Micaela Burrow on August 2, 2022 Iran activated hundreds of advanced nuclear enrichment machines Monday after the U.S. increased pressure…
LONDON -The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of…
By Daphne Psaledakis and Arshad Mohammed WASHINGTON -The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars’ in…
US Going Soft On Iran’s Oil Smugglers To Get Nuclear Deal Revived: REPORT Micaela Burrow on August 1, 2022 The U.S. has held back on sanctioning foreign firms involved in…
‘More Money Than God’: Big Oil Posts Record-Breaking Profits in Second Quarter John Hugh DeMastri on July 29, 2022 UPDATE: This piece has been updated to include comment from Exxon…
By Alex Lawler and Ahmad Ghaddar LONDON – OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United…
LONDON – Big Four accounting firm Ernst & Young said on Thursday it had appointed Saulius Adomaitis as the new head of its oil and gas business, which will receive…
Republican Senators Call For Sanctions Against Russian Oil Sales To China Jack McEvoy on July 27, 2022 Republican senators introduced a bill Tuesday aimed at sanctioning Chinese purchases of Russian…
(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to…
WASHINGTON – The Biden administration does not plan to continue releases from the Strategic Petroleum Reserve (SPR) beyond the original six-month period, White House economic adviser Brian Deese said on…
By David French (Reuters) – Guggenheim Securities has hired three investment bankers from Citigroup Inc’s oil and gas team, people familiar with the matter said, as competition for talent in…