Deutsche Bank on Oct. 21 said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans...
By: Reuters – U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected...
By: NGI – An unprecedented number of LNG vessels are floating offshore Europe as regasification terminal congestion and whipsawing prices further complicate...
Rick Newman –Yahoo Finance. Thank god for the elections! With the 2022 midterms imminent, President Biden has decided to release more oil...
HART ENERGY – U.S. oil and gas production is forecast by the Energy Information Administration (EIA) to rise thanks primarily to higher...
By: BT – Prairie Energy Partners plans to build a $5.56 billion, “decarbonized” crude refinery that the Southern Rock Energy Partners subsidiary says...
Sabrina Valle, Reuters. Exxon Mobil Corp. said on Oct. 17 that it left Russia completely after President Vladimir Putin expropriated its properties...
By: Forbes – The public markets served their purpose for Harold Hamm. Now he doesn’t need them anymore. The pioneering oil wildcatter...
By: Business Insider – Schlumberger, the Texas-based oilfield services company, is failing to offer an escape route from Vladimir Putin’s conscription orders...
By: Reuters – Gazprom CEO Alexei Miller on Sunday said plans to cap the price of Russian gas exports would cause supplies...
Trump uses Nazi-era rhetoric to attack migrants. On the campaign trail in New Hampshire, former President Trump said migrants were “poisoning the blood of our country,” echoing words Adolf Hitler used in Mein Kampf, scholars said. Trump’s escalating rhetoric on immigration came as lawmakers scrambled to work out a deal on border security, which Republicans are demanding as part of a broader package that would send tens of billions of dollars in military aid to Ukraine.
High-ranking cardinal found guilty of financial crimes. The Vatican’s “trial of the century” ended with Cardinal Giovanni Angelo Becciu being found guilty of embezzlement and fraud in the church’s criminal court and sentenced to five and a half years in prison. Eight others in connection with Becciu, who had been considered a candidate to be the next pope, were also found guilty of financial crimes or abuse of office. Prosecutors discovered money transfers as part of a London real estate deal approved by Becciu in 2013 and 2014; the court found that the transactions were embezzlement and ordered the guilty parties to pay the Vatican more than $200 million in restitution.
Hong Kong media tycoon on trial: Imprisoned media mogul Jimmy Lai will go on trial today in a globally significant case that’s considered a test of Hong Kong’s judicial independence following a security crackdown by China in 2020. Lai, who founded the pro-democracy tabloid Apple Daily, has been charged with colluding with foreign forces and sedition and could face life in prison. One of Lai’s sons has called it a “show trial.”
Blue Origin attempts a return to space. Jeff Bezos’s space company, Blue Origin, will aim to launch its New Shepard rocket in a cargo mission as soon as today. The rocket has been grounded for 14 months after suffering a mid-launch failure in September 2022.
Coming to streaming: Gwyneth vs Terry: The Ski Crash Trial drops today on Max. Paltrow (the titular Gwyneth) was found not at fault in March for a 2016 skiing accident involving optometrist Terry Sanderson. Also, the Leonard Bernstein biopic, Maestro, is coming to Netflix on Wednesday. Bradley Cooper stars as the composer in the film, which is also written and directed by Cooper.
Texas City has lifted its shelter-in-place order after an operational issue at the Marathon Galveston Bay Refinery caused sulfur dioxide to be released into the air.
The air readings throughout the city are normal, and no injuries were reported.
The affected area was south of Marathon GBR to the Texas City Y.
Marathon Petroleum Corporation released the statement below.
“Marathon Petroleum personnel at the company’s Galveston Bay Refinery have resolved an operational upset that had led to a temporary increase in sulfur dioxide emissions earlier today. Emissions have returned to normal levels. There were no injuries. The City of Texas City has lifted a shelter-in-place that it had issued for an area south of the refinery,” the corporation said.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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