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  • Judge approves $230M settlement in California oil spill case

    From apnews.com

    A judge has approved a $230 million lawsuit settlement by the owners of a pipeline that spilled more than 140,000 gallons of crude oil into the ocean off California in 2015, lawyers announced Thursday. A federal judge in Los Angeles gave final approval on Tuesday to a settlement of a class-action suit that blamed All American Pipeline, L.P. and Plains Pipeline, L.P. for the May 2015 spill off the Santa Barbara coast. The corroded undersea pipeline ruptured north of Refugio State Beach in Santa Barbara County, northwest of Los Angeles. All American Pipeline later estimated that 142,800 gallons spilled. It was the ... (full story)

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    Weekly Pricing Pulse: Commodity prices rise in a calm week for energy markets

    From ihsmarkit.com|Sep 22, 2022|1 comment

    Our Materials Price Index (MPI) increased 0.8% last week, with six of the ten sub-components rising. The scale of week-to-week price changes was much smaller than 3.6% average ...

    Why India Is Suddenly Buying Less Russian Crude

    From oilprice.com|Sep 22, 2022

    India, which has been buying large volumes of Russian crude since the Russian invasion of Ukraine to take advantage of cheap oil, is set to slow purchases of Russian oil this ...

    Qatari Minister: No 'Quick Fix' to EU Gas Crisis

    From energyintel.com|Sep 22, 2022

    There is not much Qatar can do to alleviate Europe’s gas crisis in the short term due to contractual commitments, Qatari Energy Minister Saad al-Kaabi tells Energy Intelligence -- ...

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    Asian Markets Broadly Lower

    From morningstar.com|Sep 23, 2022

    U.S. stocks dropped following the latest interest-rate increases from the Federal Reserve and other central banks, which have added to fears that the battle to control rising ...

    Oil Heads for 4th Week of Losses as Fed Jitters Offset Tightening Supply

    From investing.com|Sep 23, 2022

    Oil prices rose slightly on Friday, but were set to lose for a fourth straight week as concerns over headwinds from rising interest rates outweighed expectations that crude supply ...

    Russia's Sharp Escalation

    From energyintel.com|Sep 23, 2022|8 comments

    Russia has withstood the barrage of Western sanctions better than its adversaries had hoped. But some cracks are starting to appear. Russia's partial mobilization, announced on ...

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  • Posted: Sep 22, 2022 11:35pm
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 0  /  Views: 153
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