oil & gas News

5 Tips to Help Risk Managers Address the Sharp Drop in Oil Prices

Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate markets in oil towns across the country, are in the midst …

JLT Specialty Names Battenfield Sr. VP, U.S. Downstream Energy in Houston

JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert M. Battenfield as senior vice president and leader of downstream energy. He is located in Houston. Battenfield will be responsible …

Top Loss Leaders in the Oil Patch? Commercial Auto, Workers’ Comp

There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs that previously were inaccessible via …

Denton Could Be First City in Texas to Ban Fracking

A North Texas city that sits on top of the Barnett Shale, believed to hold one of the largest natural gas reserves in the U.S., could become the first area in the state to permanently ban hydraulic fracturing. A recently …

PartnerOne Environmental, ACE Westchester Launch New Energy Product

PartnerOne Environmental has partnered with ACE Westchester Environmental to offer PartnerOne Energy Select, a new packaged insurance product specifically for environmental energy contractors and consultants. PartnerOne Energy Select has been designed for insureds that provide a range of support operations …

From 2008 to 2012 Texas Had 216 Oilfield Deaths

Federal figures show Texas had 216 oilfield deaths from 2008 through 2012 to lead the U.S. during the reporting period. The Houston Chronicle reported that nationwide the number of oilfield deaths reached 545 amid increased drilling and fracking operations. The …

Finks Joins Texas-Based Roach Howard Smith & Barton

Brandon Finks has joined Roach Howard Smith & Barton insurance brokerage firm as a commercial sales executive for property/ casualty insurance. Finks began his career as a certified insurance claims adjuster with AIG and has more than seven years of …

West Texas Jury Awards $11M in Oilfield Accident

A West Texas jury has awarded $11 million to a man who was injured by a pipe casing that fell from an oilfield elevator. The verdict in favor of Eliazar Trevino Jr. was announced Oct. 22 after a week-long civil …

2nd Worker Injured in Oklahoma Refinery Blast Dies

A second man who was injured in an explosion at a southern Oklahoma oil refinery has died. A spokesman at the University of Oklahoma Medical Center in Oklahoma City says Russell Mann of Davis died Oct. 16. Mann was injured …

Ohio Legislators Consider New Drilling Rules

Rules regulating oil and gas well construction, water handling, and the disclosure of chemicals used in drilling were ready to clear their final legislative hurdles on May 24 and head to Gov. John Kasich. The Ohio House was scheduled to …