CNBC Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets. West Texas Intermediate crude futures, the U.S. oil benchmark, fell 8.2%, or $3.26, to settle at $36.34 per barrel. Earlier in the session WTI traded as low as $35.41. International benchmark Brent crude slid 7.7%,
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WorldOil The mishandling of the biggest Arctic oil spill ever infuriated Russian President Vladimir Putin and could be the catalyst for adoption of modern environmental regulations. MMC Norilsk Nickel PJSC, Russia’s biggest miner, didn’t make a public statement until two days after the May 29 accident, which leaked over 20,000 tons (150,000 barrels) of diesel into a fragile Arctic river
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Reuters BEIRUT – Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said on Thursday. Lebanon plunged into a $31 billion sovereign default in March, saying it needed to preserve dwindling dollars for vital imports, and
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Duke Energy invests more than $240,000 in programs to build energy industry workforce in South Carolina
Hess to Participate in J.P. Morgan 2020 Energy, Power & Renewables Conference
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Reuters MOSCOW – Russia said on Thursday it had charged the head of the remote Arctic city of Norilsk with criminal negligence over what investigators said was his bungled response to a major environmental disaster. Around 21,000 tonnes of diesel leaked into rivers and subsoil on May 29 from a power station in Norilsk, an incident that Greenpeace has compared
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