Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Gasoline Tanker Crashing Into Long Island Building Causes Major Blaze, Fuel Spill
Feb 17 2022 // ROCKVILLE CENTRE, N.Y. — A tanker carrying 9,200 gallons (34,825 liters) of gasoline overturned, crashed into a vacant building and burst into flames on Long Island early Wednesday, shutting down traffic for hours and...
French Insurer CNP to Stop Financing New Oil/Gas Projects to Help Limit Global Warming
Feb 17 2022 // France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling...
SEC Fines Iowa Insurance Agent $112,000 For Oil, Gas Investments
Feb 11 2022 // The U.S. Securities and Exchange Commission has fined a Bettendorf, Iowa insurance agent nearly $112,000 for selling unregistered securities tied to oil wells in Texas. The agency said in filings that Cody Christopher...
Earthquakes in Texas Doubled in 2021. Scientists Cite Years of Oil Companies Injecting Sludgy Water Underground.
Feb 9 2022 // MIDLAND — One local said it sounded like a pickup truck had rammed into the side of their house. Another said it sounded like the air conditioner fell off the roof. A third compared the experience to getting off of a...
Oil Production Vessel Explodes Off Coast of Nigeria
Feb 3 2022 // An oil production ship exploded off the coast of Nigeria in what may prove to be the nation’s second major environmental setback in three months. The Trinity Spirit, able to store about 2 million barrels of oil, blew...
Hackers Target Key Fuel-Distribution Firms in Europe
Feb 3 2022 // Europe’s fuel-supply network fell victim to a cyberattack — less than a year after the biggest refined petroleum pipeline in the U.S. was halted by a hack. The situation was serious “but not grave,”...
U.S. Offers States $1.15B to Clean Up Abandoned Oil and Gas Wells
Feb 1 2022 // The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and...
Oklahoma Oil Tank Battery Explosion and Fire Injures 2
Jan 26 2022 // Two workers were injured Jan. 24 in an explosion and fire at a central Oklahoma oil tank battery, officials said. The incident happened shortly before 2 p.m. at a Devon Energy oil well pad in Okarche, Oklahoma, about 35...
California Bill Would Require Insurers to Disclose Fossil Fuel Dealings
Jan 25 2022 // California Assemblyman Marc Levine (D-Marin County) on Tuesday introduced a bill to require insurance companies operating in California to disclose investments in fossil fuel-related entities as well as the fossil...
UAE Bans Flying of Recreational Drones After Fatal Attack on Oil Facility
Jan 25 2022 // DUBAI, United Arab Emirates (AP) – The United Arab Emirates has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major...
Two Oil Tankers Lose Safety Certification Over Claims They Violated Iran Sanctions
Jan 21 2022 // Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil,...
Shell Appeals $2 Billion Court Judgment in Nigerian Oil-Spill Case
Jan 21 2022 // A Nigerian court will hear Royal Dutch Shell Plc’s appeal to overturn an almost $2 billion award against the company for allegedly spilling oil in the West African country. The energy giant is challenging a November...
Appeals Court Clears The Hartford on Most BP Oil Spill Cleanup Workers’ Injury Claims
Jan 20 2022 // Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided...
Oil Spill Caused by Massive Waves From Tonga Is ‘Ecological Disaster’ for Peru
Jan 20 2022 // An oil spill at a refinery in Peru during high waves caused by the explosion last weekend of a volcano in Tonga is an “ecological disaster,” the Peruvian government said on Wednesday. The foreign ministry said...
Houston Oil and Gas Exploration Companies to Settle $54,500 Disability Claim
Jan 20 2022 // Two oil and gas exploration companies — Vantage Energy Services, Inc. and Vantage International Management Company Pte. Ltd. — will pay $54,500 and provide training to its managers and human resources staff...
UK High Court Throws Out Case Brought by Climate Activists Against Oil Regulator
Jan 19 2022 // A UK High Court on Tuesday threw out a case brought by climate activists against the country’s oil and gas regulator OGA, rejecting their argument that the OGA’s actions amount to a type of unlawful subsidy of...
Harmful Soot Unchecked as Big Oil Battles EPA Over Testing: INSIGHT
Jan 7 2022 // A deadly form of soot pollution from U.S. refineries has gone unregulated for decades because of a dispute between the U.S. oil industry and federal environmental officials over how to measure it, according to documents...
Family Sues Oil Company After Fatal Louisiana Tank Explosion
Dec 28 2021 // Relatives of a 14-year-old girl who died when an oil storage tank exploded in February have sued the company that operated the tank. The suit against Urban Oil & Gas Group and its insurer was filed in federal court in...
New Orleans-Based Oil Company Agrees to $475M Settlement over Oil Spill
Dec 27 2021 // A New Orleans-based oil company has agreed to turn over a $432 million cleanup trust fund and pay an additional $43 million to settle a federal lawsuit over cleaning up abandoned wells leaking since 2004, federal...
Grand Jury Charges Oil Company in California Spill
Dec 17 2021 // A Los Angeles federal grand jury charged an oil company and two subsidiaries for an oil spill off the California coast in October. Federal prosecutors said Amplify Energy Corp. in Houston, Texas and its two subsidiaries...
