Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
U.S. Safety Board: Fatal Oklahoma Well Blast Shows Need for New Rules
Jun 13 2019 // An investigation into an explosion at an Oklahoma natural gas drilling rig that killed five workers last year faulted inadequate training and equipment and called for new regulations, the U.S. safety regulator said. The...
Suspected Attack on 2 Oil Tankers Near Strait of Hormuz Stokes Fears of War
Jun 13 2019 // Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won’t avert a military confrontation between the U.S. and Iran....
Environmentalists Sue Over Trump Rollback of Offshore Oil Safety Regulations
Jun 12 2019 // A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department’s rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP...
Aging Oil Pipelines Operated by Canada’s Enbridge Raise Fears over Great Lakes Spills
Jun 10 2019 // Fears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches for operator Enbridge Inc and the Canadian energy sector. Canada has...
Exxon Mobil Settling Montana Oil Spill for $1M
Jun 6 2019 // A judge has approved an agreement for Exxon Mobil Corp. to pay $1.05 million to settle federal pollution violations over a 2011 pipeline break that sent oil into Montana’s Yellowstone River. U.S. District Judge Susan...
U.S. Judges Grapple with Youths’ Constitutional Challenge to U.S. Climate Policy
Jun 6 2019 // In a courtroom packed with environmental activists, federal judges wrestled Tuesday with whether climate change violates the constitutional rights of young people who have sued the U.S. government over the use of fossil...
Colorado Refocuses Rules on Safety, Won’t Halt Drilling
May 23 2019 // Colorado officials said that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005
May 22 2019 // Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint War Committee of London’s Lloyd’s Market Association said Friday that it would...
Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover
May 20 2019 // Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization...
Insurer Says Iran’s Guards Likely Facilitated Saudi Tanker Attacks: Reuters
May 17 2019 // Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a...
California’s New Climate and Sustainability Chief in Talks with Insurers
May 16 2019 // Powered by InsuranceJournal.tv Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After...
Colorado Begins Work on New Safety-Focused Oil and Gas Rules
May 16 2019 // Colorado oil and gas regulators are outlining some of their first planned rule changes under a new law that makes public safety and the environment their top priorities. The Oil and Gas Conservation Commission will meet...
Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks
May 16 2019 // Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry...
Explosion on Oil-Industry Ship in Caspian Sea Injures 14 People
May 10 2019 // An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship’s operator, Italian engineering firm Saipem, said on Thursday. The ship, the Israfil Huseynov, was involved in...
Petroleum Industry Revises Standard for Reducing Workers’ Fatigue
May 6 2019 // The American Petroleum Institute issued on Thursday a revised standard aimed at reducing fatigue among workers in the nation’s refineries and chemical plants, the trade group said. The fatigue standard, officially...
Powerful Cyclone Hits India’s East Coast, Forcing Evacuation of More Than 1 Million
May 3 2019 // A category 4 storm with strong winds and heavy rain made its landfall on India’s east coast, with authorities evacuating more than 1 million people to safer places. Flight and train services remained shut. Cyclone...
U.S. Eases Offshore Drilling Rules Adopted After Gulf Oil Spill
May 3 2019 // The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S....
Texas Senate Panel Weighs Input on Stronger Storage Tank Regulations
May 2 2019 // Weeks after a massive fire at a Houston-area petrochemical storage facility garnered national attention, a panel of state lawmakers heard dueling testimony Monday night on a bill that would strengthen state oversight of...
Exxon Will Pay $1M Penalty for Montana Oil Spill
May 1 2019 // Exxon Mobil Corp. agreed to pay a $1.05 million penalty to settle alleged federal water pollution violations from an oil pipeline break into Montana’s Yellowstone River, according to court documents filed...
California Insurance Commissioner Rejects Petition to Require Fossil Fuel Underwriting Disclosure
Apr 23 2019 // California’s new insurance commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists. California Insurance Commissioner Ricardo Lara, who put battling climate...
