Putin orders Russian forces to ‘maintain peace’ in eastern Ukraine
MOSCOW — Russian President Vladimir Putin ordered forces Monday to “maintain peace” in separatist...
MOSCOW — Russian President Vladimir Putin ordered forces Monday to “maintain peace” in separatist regions of eastern Ukraine, hours after the Kremlin recognized the area’s independence. The announcement raised fears that an invasion was imminent, if not already underway.
The Kremlin decree, spelled out in an order signed by Putin, left unclear when, or even whether, troops would enter Ukraine. But it brought swift promises of new sanctions from the U.S. and other Western nations and underscored the steep challenges they face in staving off a military conflict they have portrayed as near-inevitable.
The Kremlin’s announcement came just hours after Putin, in a rambling, fact-bending discourse on European history, recognized the independence of the eastern separatist regions, paving the way to provide them military support and antagonizing Western leaders who regard such a move as a breach of world order.
TotalEnergies Announces Major Oil Discovery Offshore Suriname
TotalEnergies and its partner APA Corporation have made significant...
TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in recent years, the Guyana-Suriname Basin offshore South America.
The French supermajor and APA Corporation found significant amounts of oil and associated gas in the Krabdagu-1 well, in the central area of Block 58 offshore Suriname, TotalEnergies said on Monday. The discovery announced today follows four previous Suriname discoveries—Maka, Sapakara, Kwaskwasi, and Keskesi.
Marathon’s Huge Louisiana Refinery Rocked by Explosion, Fire
Marathon Petroleum Corp.’s oil refinery near New Orleans exploded into flames on Monday,...
Marathon Petroleum Corp.’s oil refinery near New Orleans exploded into flames on Monday, threatening to crimp fuel supplies and raise pump prices at a time of already rampant inflation.
The company’s Garyville, Louisiana, plant is one of the nation’s largest and a key supplier of gasoline, diesel and other fuels. Marathon said five people were injured. The blaze that started around 9:30 a.m. local time was declared extinguished about 4 1/2 hours later.
U.S. drillers add oil and gas rigs for seventh week
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row...
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since February 2021 after crude prices this week soared to their highest since 2014.
The oil and gas rig count, an early indicator of future output, rose 10 to 645 in the week to Feb. 18, its highest since April 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday. I
That puts the total rig count up 248 rigs, or 62%, over this time last year.
U.S. oil rigs rose by four to 520 this week, their highest since April 2020, while gas rigsrose six, their biggest weekly gain since May 2021, to 124, their highest since December 2019.