Overturned oil tanker carrying diesel fuel shuts down US 9 in Lakewood
LAKEWOOD, N.J. — An overturned tanker carrying thousands of gallons of diesel fuel has shut down all lanes of U.S. Route 9 in both directions north of James Street in Lakewood Township…
Greek court overturns decision on U.S. seizure of Iranian oil cargo – sources
ATHENS – A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an Iranian-flagged tanker…
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices Thomas Catenacci on June 7, 2022 UPDATE: This article has been updated to include comment from LyondellBasell Industries…
Indonesia to cut maximum palm oil export tax and levy to a combined $488/T – trade minister
By Stefanno Sulaiman JAKARTA – Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488 per tonne…
Mesothelioma Compensation Center Urges the Family of an Oil Refinery Worker with Mesothelioma Anywhere in the USA to Call the Lawyers at Danziger & De Llano for a Superior Compensation Result That May Be Millions of Dollars
WASHINGTON, June 7, 2022 — The Mesothelioma Compensation Center is by far the best branded source in the nation for oil refinery workers who have developed mesothelioma and their top priority for…
France in talks with UAE to replace Russian oil supplies -minister
PARIS – France is in talks with the United Arab Emirates to replace Russian oil purchases, which will stop after the imposition of a European Union ban on Russian crude, Finance Minister…
Collin County Man Sentenced in Oil & Gas Investment Fraud Scheme
PLANO, Texas – A Melissa man has been sentenced to prison in the Eastern District of Texas for federal violations, announced U.S. Attorney Brit Featherston today. Matthew Wayne Fox, 47, pleaded guilty…
Collin County Man Sentenced in Oil & Gas Investment Fraud Scheme
PLANO, Texas – A Melissa man has been sentenced to prison in the Eastern District of Texas for federal violations, announced U.S. Attorney Brit Featherston today. Matthew Wayne Fox, 47, pleaded guilty…
White House Cheers Middle East Oil Production Despite Attacks On US Drilling
White House Cheers Middle East Oil Production Despite Attacks On US Drilling Thomas Catenacci on June 2, 2022 The White House applauded Middle Eastern nations’ decision to boost oil output Thursday amid…
U.S. Interior must weigh climate impacts of oil, gas leasing -settlement
By Valerie Volcovici WASHINGTON – The Biden administration must thoroughly analyze the climate impacts of oil and gas leasing on nearly 4 million acres (1.6 million hectares) of federal land in five…
“Veterinary Dermatology” Publishes Results of ElleVet Sciences Exclusive Atopic Dermatitis Study of Proprietary CBD+CBDA Oil on Dogs
While CBD has been widely believed to have potential as a treatment option for Atopic Dermatitis, there have been minimal research studies prior to this study. Led by Dr. Andrew Rosenberg of…
Moscow calls EU move to phase out Russian oil ‘self-destructive’
(Reuters) -Russia warned on Thursday that the European Union’s decision to partially phase out Russian oil was likely to destabilise global energy markets, calling it a ‘self-destructive’ step that could backfire on…
Saudi Arabia to raise oil production if Russian output falls under sanctions- FT
(Reuters) – Saudi Arabia is prepared to raise its oil production if Russia’s output falls substantially because of the western sanctions imposed on it, the Financial Times reported on Wednesday, citing sources.…
Oil, Fuel Prices Skyrocket After EU Rolls Out Russian Ban
Oil, Fuel Prices Skyrocket After EU Rolls Out Russian Ban Thomas Catenacci on May 31, 2022 Global oil and fuel prices surged after the European Union (EU) struck a deal to ban…
Biden Conveniently Forgets To Mention Oil, Gas Production In His Plan To Address Energy Prices
Biden Conveniently Forgets To Mention Oil, Gas Production In His Plan To Address Energy Prices Thomas Catenacci on May 31, 2022 President Joe Biden neglected to mention domestic oil and natural gas…
Factbox-How much oil does the European Union import from Russia?
(Reuters) – The European Union has agreed to ban the bulk of imports of Russian crude and oil products in its latest round of sanctions following Moscow’s invasion of Ukraine. The ban…
EU’s phased-in oil embargo allows Russia time to adjust, say analysts, sources
(Reuters) – Europe’s phased-in rather than immediate embargo on Russian oil gives Moscow time to re-route volumes to new customers in Asia in the next six months, Russian analysts and traders said…
Exclusive-Russian oil firms to reopen wells in June banking on demand rally, sources say
(Reuters) – Russian oil companies led by Rosneft plan to re-open wells in June which they had shut due to Western sanctions, four sources said, as firms bank on a pick-up in…
Factbox-Who is buying Russian crude oil and who has stopped
(Reuters) – Here is the response by countries and companies regarding purchases of Russian oil since the war in Ukraine started on Feb. 24. Australia, Britain, Canada and the United States have…
The US Hasn’t Built A Major Oil Refinery In Nearly 50 Years. Here’s Why
The US Hasn’t Built A Major Oil Refinery In Nearly 50 Years. Here’s Why Thomas Catenacci on May 30, 2022 U.S. petroleum refining capacity has declined and few plants have been built…
EU leaders agree to ban export of Russian oil to the bloc – EU’s Michel
BRUSSELS – EU leaders agreed on Monday to ban the export of Russian oil to the 27-nation bloc, EU Council President Charles Michel said. “This immediately covers more than two thirds of…
Explainer: Why is the EU struggling to agree Russian oil sanctions?
By Kate Abnett BRUSSELS – European Union countries are struggling to agree oil sanctions against Russia over its invasion of Ukraine, nearly four weeks after the European Commission proposed them. Why is…
U.S., European thirst for fuel sends physical oil prices soaring
By Noah Browning and Alex Lawler LONDON – Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for…
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof Thomas Catenacci on May 29, 2022 President Joe Biden has raided the Strategic Petroleum Reserve three times, but…
Republican States Fight Back Against Biden’s Stealth Attacks On Oil, Gas Industry
Republican States Fight Back Against Biden’s Stealth Attacks On Oil, Gas Industry Thomas Catenacci on May 27, 2022 A group of 21 Republican attorneys general argued Friday that the Biden administration’s move…
Nigeria finance minister: low oil output barely enough to cover petrol imports
By Dan Burns DAVOS, Switzerland – Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenue, Finance Minister Zainab Ahmed…
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