crude oil News

UN Says $144M Needed to Avert Yemen Tanker Disaster

CAIRO (AP) — The United Nations was seeking $144 million on Wednesday needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen, a ship whose demise could cause an environmental disaster. …

No Mourners at Burial of 50 Victims of Nigeria Refinery Fire

OWERRI, Nigeria (AP) — Mourners were nowhere to be seen as gravediggers in Nigeria’s southeast town of Ohaji-Egbema used shovels to place the unidentifiable charred remains of dozens who died in an explosion at an illegal oil refinery into three …

Exxon Declares Force Majeure on Russian Sakhalin-1 Operations

Exxon Mobil Corp. said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude due to sanctions on Russia. The Sakhalin-1 project produces Russian …

2 Suspects Sought as 100 Die in Nigeria Oil Refinery Blast

ABUJA, Nigeria (AP) — At least 100 people may have died in an explosion at an illegal oil refinery in southeast Nigeria, a local oil official said Sunday as the search intensified for bodies at the site and for two …

Fire at ExxonMobil Refinery in Montana Under Investigation

BILLINGS, Mont. (AP) — The cause of an explosion and fire at an ExxonMobil refinery in southern Montana is under investigation, company officials said Sunday. The fire began at about 10 p.m. Saturday at a refinery in Lockwood, a suburb …

Peru’s ‘Worst Ecological Disaster’ Slams Small-Scale Fishing

CIUDAD PACHACUTEC, Peru (AP) — Walter de la Cruz scrambled down a large sand dune in the fog to reach a rock overlooking the Pacific Ocean, where he has fished for three decades. He cast a hook into the waters …

Aging Oil-Storage Ships Pose Safety, Environmental Risks Around the World

The decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar vintage dotted across the globe. …

1 Month After Oil Spill, Lima’s Beaches Empty, Cleanup Slow

LIMA, Peru (AP) — Dozens of beaches near Lima were deserted and thousands of fishermen remained without work Tuesday, one month after an oil spill at a refinery created what the United Nations called the worst ecological disaster in Peru’s …

California Lawmakers Vow to Investigate Offshore Oil Spill

Democratic members of Congress from California seized on the oil spill off the state’s coast to call for investigations into why it took several hours before a pipeline operator reported the spill to federal authorities – and the subsequent lag …

U.S. Hurricane Damage to Cut Shell Oil Output Through Year-End

HOUSTON — Royal Dutch Shell, the largest U.S. Gulf of Mexico oil producer, said damage to offshore transfer facilities from Hurricane Ida will cut production into early next year, slashing deliveries of a type of crude oil prized by refiners. …