Peru on Saturday declared an "environmental emergency" along a stretch of coast hit by an oil spill caused by freak waves from a volcanic eruption in the South Pacific. 
With the 90-day decree, the government said it plans "sustainable management" of 21 beaches tarred by 6,000 barrels of oil that spilled from a tanker ship unloading at a refinery last Saturday.

Business

volcano

Nature

International

Americas

Environment

Latin America

Politics

Oil Spill

Oil and Gas Sector

Lima, Lima Region

Lima

The Hindu 

South China Morning Post

IBTimes

VOA News

Bangkok Post 

Peru Declares 'Environmental Emergency' Along Coast Hit by Oil Spill

The world’s oil stockpiles are looking a lot lower than expected. All those ‘missing barrels’ might make prices soar further.

Finance

Bloomberg Quint

Bloomberg

Analysis | Dude, Where’s My Oil? (And Why Is It So Expensive?)

The Alaska Industrial Development and Export Authority said about $24 million in securities issued by banks such as Bank of America can be sold and reinvested elsewhere.

Alaska

Anchorage Daily News

Tecnavia

Alaska agency plans to halt investment in banks that don’t back Arctic oil and gas projects

The Prime Minister of Bavaria and the head of the Christian Social Union in Germany, Markus Söder, spoke out against the tightening of sanctions against Russia and the Nord Stream gas pipeline

sanctions

Germany

EADaily

Bavarian Prime Minister opposed tougher anti-Russian sanctions: EADaily

Oil capped its fifth week of gains on continued signs of robust demand and strained crude supplies that have taken prices to seven-year highs.
Futures in New York edged lower on Friday, just above US$85 a barrel, but were still up 1.6 percent for the week.

Taiwan

Taipei Times 

Oil caps fifth weekly gain on signs of solid demand

A Spanish oil company said waves caused by the volcanic eruption near Tonga last week were responsible for the spill of 6,000 barrels of oil off the coast of Peru.

The Washington Post

Peru appeals for international help to clean up major oil spill linked to the Tonga volcano eruption

TRENTON, N.J. (AP) — Gas prices increased in New Jersey and around the nation at large amid a continued increase in crude oil prices and despite a drop in consumer demand.AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.38, up a penny from last week. Drivers were paying an average of $2.54 a gallon a year ago at this time.

New Jersey

CBS Local

WTXF

Gas Prices Go Up In New Jersey, Around Nation As Crude Prices Rise

In New Mexico, new state rules sparked a dramatic increase in reported incidents of vented and flared natural gas in 2021 — and reveal that the oil and gas industry has been losing vastly more of t…

New Mexico

The NM Political Report

New data shows massive climate-warming leaks by New Mexico oil and gas operators

The House Committee on Oversight and Reform has broadened its investigation into the role of fossil fuel companies in misleading the public about climate change, asking members of the boards of directors of ExxonMobil, BP, Chevron and Shell Oil to testify before Congress next month about their firms’ commitments to curbing global warming.

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