Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Carbon Copies of Flo, Jake, Gecko Join Climate Change Protest at NAIC Meeting
Nov 15 2018 // An angry Flo, an unusually sullen Jake, a less-than cheeky Gecko and a hawkish duck stood outside the National Association of Insurance Commissioners meeting in San Francisco on Thursday in protest to call out the industry...
Uranium Leaking into Water from South Carolina Fuel Plant
Nov 13 2018 // Federal regulators say tests shows uranium levels exceeding safe drinking water standards have been found at two locations at a nuclear fuel plant that has leaked in South Carolina. The State newspaper reported the Nuclear...
Earthquake Prompts Shut Down of Well Completion Site in Oklahoma
Nov 6 2018 // State oil and gas regulators in Oklahoma have ordered the indefinite shutdown hydraulic fracturing operations at a well site after an earthquake struck nearby. The 3.3 magnitude quake was reported Sunday night near Bridge...
U.S. Reimposes Iranian Sanctions, Hitting Insurance, Shipping, Energy, Banking
Nov 5 2018 // The U.S. reimposed sanctions on Iran’s critical oil industry Monday, raising pressure on the Islamic Republic to scale back its ballistic missile program and involvement in conflicts across the Middle East. The...
Climate Change Impact Assessment Looks at Risk, Readiness Around U.S.
Oct 25 2018 // Low risk, but low readiness. That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not...
Families Await Justice in North Dakota Oilfield Workplace Lawsuits
Oct 25 2018 // Brenda Austin was worried when her son, Casey, told her he planned to work in North Dakota’s Bakken oilfield in early 2013. “Don’t worry. I’ll be in a safe spot,” he told her when he left...
South Texas Sees Resurgence in Eagle Ford Shale Drilling
Oct 24 2018 // Three years ago, Allen Startz found himself in an unwanted kinship with thousands of other oilfield workers in South Texas’ Eagle Ford shale — laid off with few prospects nearby. The Houston Chronicle reports he...
Judge Rules Government, Not President, Can Be Sued Over Climate Change
Oct 16 2018 // A group of young Americans suing the federal government over lack of action to fight climate change can proceed with their lawsuit, but U.S. President Donald Trump cannot be named as a defendant, a federal judge ruled on...
Let Them Amaze You!
Oct 15 2018 // It’s not the largest of agencies and it’s certainly not located in the largest of cities, but Bryan Insurance Agency (BIA) in Graham, Texas, (population around 9,000) is a very big deal to the people who work...
The IPCC Climate Change Report and Implications for Insurers
Oct 11 2018 // A report out earlier this week from the Intergovernmental Panel on Climate Change doesn’t say a whole lot about insurance, but the implications for the industry are hard to ignore. Chief among those implications is...
Update: Hurricane Michael Could Bring 12 Ft. Storm Surge to Panhandle Wednesday
Oct 9 2018 // Michael is forecast to become the second hurricane to make landfall in the U.S. in a month as it heads toward Florida with winds of 90 miles per hour. The fast-moving storm has already sent cotton prices to a one-week high...
Worldwide Facilities, Petro Guardian to Offer Lightning Risk Product to Oil & Gas Industry
Oct 2 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has partnered with Petro Guardian, a lightning and static protection installation service provider for oil and gas facilities, to...
After 5 Years and Nearly $100M, Huge North Dakota Oil Spill Finally Cleaned Up
Oct 1 2018 // Five years and almost $100 million later, cleanup is complete on a massive oil pipeline leak in North Dakota that has been called one of the biggest onshore spills in U.S. history, industry and state officials said. The...
Businesses Should Prepare for Consequences of Climate Change, Zurich Says
Sep 27 2018 // Businesses should prepare for the physical consequences of a warming planet, according to a new report out from Zurich Insurance Group. The report, “Managing the impacts of climate change: risk management...
Worldwide Facilities, Petro Guardian Offer Oil, Gas Lightning Risk Program
Sep 27 2018 // National wholesale insurance brokerage and managing general agent, Worldwide Facilities, is teaming up with Petro Guardian, a turnkey lightning and static protection installation service provider for oil and gas...
Major Oil and Gas Firms Pledge to Cut Greenhouse Gases to Fight Climate Change
Sep 25 2018 // A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change. The Oil and Gas Climate Initiative (OGCI),...
5 Years and $100M Later, Huge North Dakota Oil Spill Finally Cleaned Up
Sep 21 2018 // Five years and almost $100 million later, cleanup is complete on a massive oil pipeline leak in North Dakota that has been called one of the biggest onshore spills in U.S. history, industry and state officials said. The...
North Dakota Regulators Mull Relaxing Oil Train Shipment Rules
Sep 20 2018 // North Dakota regulators are considering relaxing rules that require shippers to remove the most volatile gases from oil before it’s loaded onto train cars. The rules, which were fought by the energy industry, took...
India Refinery Cancels Iran Oil Imports to Keep Insurance Cover as Sanctions Loom
Sep 20 2018 // India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue...
San Francisco May Screen Insurers for Their Fossil Fuels Investments
Sep 17 2018 // The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try to force insurance companies to stop insuring and investing in fossil fuels. In July, the board voted...
