crude oil News

Ida Leaves Toxic Chemicals, Sewage Swirling in Its Wake

Exxon Mobil Corp. released sulfur dioxide and hydrogen sulfide at its Baton Rouge refinery as Hurricane Ida churned ashore. A broken pipeline poured crude oil near a bayou that flows into the Gulf of Mexico. And a miles-long black slick …

After Colonial Attack, Energy Companies Rush to Secure Cyber Insurance

U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of …

One Million Evacuated as New Cyclone Nears Covid-Ravaged India

A powerful cyclone is set to slam into India early on Wednesday, the second in less than two weeks, with authorities evacuating more than one million people at a time when the nation is facing the world’s worst outbreak of …

Canada’s Suncor Energy Reviews Mining Safety After Three Workers Killed

Canada’s second-biggest oil company, Suncor Energy Inc, said on Thursday it had started a third-party safety review, after three contract workers died in two separate mining accidents. Chief Executive Mark Little said the review would focus on mining operations, which …

Federal Officials Investigate Fiery Oil Train Derailment

BELLINGHAM, Wash. (AP) — Federal and local authorities were investigating a fiery oil car train derailment north of Seattle near where two people were arrested last month and accused of attempting a terrorist attack on train tracks to disrupt plans …

Blast Rocks South African Oil Refinery, 7 Injured

DURBAN — An explosion rocked South Africa’s second-largest crude oil refinery in Durban on Friday injuring seven people, local emergency services said. Engen, which operates the plant and is majority owned by Malaysia’s Petronas, said a fire broke out at …

Pipeline Owner Held Liable for Economic Damages Caused by Oil Spill

An energy company whose criminal negligence caused an oil spill that soiled California beaches cannot escape liability for the damages it caused just because it is designated as a public utility, a California appellate court ruled in a split decision. …

Owner of Fire-Stricken Ship to Pay $1.8M for Sri Lankan Help

COLOMBO, Sri Lanka — The owner of a large oil tanker that caught fire off Sri Lanka’s coast has agreed to pay $1.8 million to the island nation for its help in extinguishing the blaze, an official sad Thursday. MV …

Sri Lanka Names Captain of Oil Tanker a Suspect In Fire

COLOMBO, Sri Lanka — A Sri Lankan magistrate on Thursday ordered the captain of an oil tanker that caught fire off the country’s coast to appear in court as authorities seek $1.8 million from the ship’s owner for assistance provided …

Blaze Breaks Out Again on Oil Tanker Off Sri Lanka, Cargo Area Intact

COLOMBO/NEW DELHI — A new fire broke out on a supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka, spokesmen for the country’s navy said on Thursday, adding that one …