Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
7 Injured in Storage Tank Explosion at Texas Petroleum Facility
Dec 7 2020 // Seven contractors were injured, four critically, when a storage tank at a petroleum facility in Texas exploded after catching fire on Dec. 5, according to fire officials. The fire began about 10 a.m. near a crude oil...
Environmentalists Say U.S. Insurers Lag Behind Peers on Fossil Fuels
Dec 3 2020 // U.S. insurance companies lag behind their global peers by enabling the fossil fuel industry, according to a report from an environmentalist group out this week. The Insure Our Future campaign released its fourth annual...
Shell Faces Climate Change Lawsuit in Dutch Court
Dec 1 2020 // AMSTERDAM – Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production of oil and gas to limit its effects on climate change. Seven activist groups,...
Debris Leaks Out from Cargo Ship on Georgia Coast During Removal
Nov 25 2020 // Debris is washing up from a cargo ship stranded on the Georgia coast as a salvage team cuts it into chunks. The leaks are not unexpected as salvagers demolish the Golden Ray, a South Korean ship that overturned in St....
Canada’s Banks, Insurers to Participate in Pilot Climate Risk Project
Nov 17 2020 // Some of Canada’s largest banks and insurers are set to participate in a pilot project to better understand the risks to the financial system from the transition to a low-carbon economy, Canada’s central bank...
Texas Seeks Comments on Windstorm Insurer Rules, Classification for Oil, Gas
Nov 12 2020 // The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the...
BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies
Oct 26 2020 // BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea. The 27th named storm of this year’s Atlantic...
North Dakota Seeks to Use Coronavirus Aid for Fracking
Oct 23 2020 // North Dakota officials say they want to repurpose $16 million in federal coronavirus aid and spend it on grants to encourage fracking instead of using it to clean up abandoned oil well sites. Regulators have presented the...
Feds Ignore Risk of Huge Gulf Spills to Endangered Species, Suit Says
Oct 23 2020 // Environmental groups asked a federal court on Oct. 21 to throw out the Trump administration’s assessment of oil and gas activity’s likely effects on endangered species in the Gulf of Mexico, saying it dismisses...
121,000 Gallon Oil Spill Reported in North Dakota
Oct 21 2020 // North Dakota regulators say an equipment failure at a well near Watford City led to the release of more than 121,000 gallons of oil. The state’s Oil and Gas Division said it was notified of the spill on Sunday at the...
Factbox: Insurers and Banks that Have Shunned Canada’s Oil Sands
Oct 15 2020 // Canada is betting that efforts to incrementally reduce greenhouse gas emissions from its oil sands deposits will win back investors, banks and insurers who in recent years have shunned the carbon-heavy resource for...
U.S. Offshore Energy Firms Prep for Massive Hurricane
Oct 7 2020 // Oil and gas workers withdrew en masse from U.S. offshore production facilities and onshore refineries began preparations on Wednesday as Hurricane Delta was forecast to grow into a powerful storm over the Caribbean on its...
Energy Firm Evacuations Underway as Another Major Storm, Delta, Threatens Gulf Coast
Oct 5 2020 // Energy companies on Monday began evacuating offshore oil platforms as the 25th named storm of the year formed in the Caribbean and was forecast to become a major hurricane before it entered the Gulf of Mexico and threatens...
Declarations
Oct 5 2020 // Utah Fires “I guess the only positive thing is next year there won’t be anything left to burn.” — Rep. Brad Last, R-Hurricane, commenting on Utah’s wildfire season, which has broken records...
California Governor Planning to Ban Sale of New Gas Vehicles in 15 Years
Oct 5 2020 // California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced in late September, establishing a timeline in the nation’s most populous state that could force...
$215M in BP Oil Spill Money Will go to Restore Louisiana Marshes
Oct 1 2020 // Louisiana will get nearly $215 million in BP oil spill money for two projects planned to restore more than 4,600 acres of marsh and other habitat in the New Orleans area, Gov. John Bel Edwards said. Work should begin next...
California Ban on Fracking by 2024 Criticized as Too Late
Sep 28 2020 // California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by...
California Governor Planning to Ban Sale of New Gas Vehicles in 15 Years
Sep 25 2020 // California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a timeline in the nation’s most populous state that could force U.S....
Businesses Urge U.S. Insurers to Stop Insuring, Investing in Fossil Fuel Producers
Sep 18 2020 // A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer Patagonia and ice-cream...
Oil Industry Begins Cleaning Up, Restarting Gulf Operations After Hurricane Sally
Sep 17 2020 // Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days. The storm toppled trees,...
