A gallon has jumped by about 50 cents over the last month as Russia’s war in Ukraine has continued to unsettle the global energy market.
A Russian-owned refinery, linked to a Soviet-era pipeline, is a reminder of Germany’s past and a stumbling block to efforts to cut off Russian oil.
Under increasing pressure to sever the country’s reliance on Russian energy, German officials must contend with deeply rooted economic ties.
Russia’s war in Ukraine has caused a steep rise in a fuel essential to truckers, farmers and industry. Europe is hardest hit.
For years, the hackers behind the malware known as Triton or Trisis have stood out as a uniquely dangerous threat to critical infrastructure: a group of digital intruders who attempted to sabotage industrial safety systems, with physical, potentially catastrophic results. Now the US Department of Justice has put a name to one of the hackers in that group—and confirmed the hackers’ targets included a US company that owns multiple oil refineries.
On Thursday, just days after the White House warned of potential cyberattacks on US critical infrastructure by the Russian government in retaliation for new sanctions against the country, the Justice Department unsealed a pair of indictments that together outline a years-long campaign of Russian hacking of US energy facilities. In one set of charges, filed in August 2021, authorities name three officers of Russia’s FSB intelligence agency accused of being members of a notorious hacking group known as Berserk Bear, Dragonfly 2.0, or Havex, known for targeting electrical utilities and other critical infrastructure worldwide, and widely suspected of working in the service of the Russian government.
A leak at a refinery tarred miles of Pacific Coast beaches. The company blames waves caused by a distant volcano eruption, but the Peruvian government has vowed to “defend the sea.”
President López Obrador wants to halt most oil exports and imports of gasoline and other fuels. Critics say he is reneging on Mexico’s climate change commitments.
The Lummi Nation has a long, proud history of contesting ecologically unfriendly projects. Can it pull off one more big win?
Louisiana’s 17 oil refineries account for nearly a fifth of the nation’s capacity. Past hurricanes have cause toxic spills.
When the next crisis hits the Colonial Pipeline, it will once again shut down. Panic buying will resume. And people will ask, yet again: How did this happen?
But some energy warned of possible shortages and higher prices if the suspension continues into the week.
The state-owned oil company, Pertamina, which operates the refinery on Java island, suggested the fire may have been caused by a lightning strike. No deaths were reported.
It’s not just party balloons. A huge Siberian production plant is expected to reshape the market for a gas that’s essential to many critical industries.
Struggling energy companies are increasing the production of renewable diesel, which can reduce greenhouse gas emissions.
Delta’s foray into oil refining illustrates some of the reasons the business was in trouble even before the pandemic.