Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Chevron Says One Missing After Fire at Angola Offshore Oil Platform With 17 Injured
May 21 2025 // Chevron’s Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore oil platform on Tuesday. Seventeen people were injured,...
EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil
May 20 2025 // The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis...
EU to Propose More Sanctions on Russia’s ‘Shadow’ Oil Tankers
May 8 2025 // The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil tankers as it seek to crank up pressure on Russia over its war against Ukraine. The...
Authorities Are Cleaning Up an Oil Spill in Southeast Louisiana
May 7 2025 // Federal authorities are seeking to contain and clean up the damage from a decades-old oil well in southeast Louisiana that spewed crude and natural gas for more than a week. Upwards of 79,000 gallons (299,047 liters) of...
Trump Administration Sues Michigan to Halt State’s Fossil Fuel Lawsuit Plan
May 1 2025 // The Trump administration sued Michigan and Hawaii seeking to block the states from suing oil companies for damage caused by climate change, less than two months after the US Supreme Court rebuffed a Republican bid to...
Scientists Tally Oil Majors’ Climate Damage With Eye to Legal Liability
May 1 2025 // Over the last decade, scientists have rapidly developed the field of climate attribution research, teasing out the role played by global warming in individual natural disasters. Meanwhile, their ways of tracking a single...
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade
Apr 30 2025 // On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela. The vessel raised some red flags: it was 32 years...
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage
Apr 25 2025 // Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with the matter. India’s shipping...
Lawsuits Against BP Over Health Impacts of Deepwater Horizon Oil Spill Stalled
Apr 22 2025 // Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst...
Estonia Detains and Boards Russia-Bound Oil Tanker Over Insurance Status
Apr 14 2025 // Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the...
Keystone Pipeline Operator Ordered to Take Corrective Actions After Oil Spill
Apr 14 2025 // Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota, and the company said its goal...
Cleanup Underway in Keystone Oil Pipeline Spill in North Dakota
Apr 11 2025 // Trucks and workers started cleaning up the Keystone oil pipeline spill in rural North Dakota, though its cause and the project timing is unclear. The pipeline ruptured Tuesday morning in southeastern North Dakota and was...
California’s Effort to Hold Oil Companies Liable for Natural Disasters Stalls
Apr 11 2025 // California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters caused by climate change, warning it could raise gas prices. The bill would have allowed victims of...
West Texas Prepares for Oil Downturn Amid Trump Tariffs
Apr 10 2025 // When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him. Trump’s latest round of tariffs set off unease among...
What Two Oil Firm Ads Show About Where UK Regulator Draws Line on Greenwashing
Apr 10 2025 // An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its...
Texas Oil Executives Are Frustrated at Trump for Crushing Crude Prices
Apr 9 2025 // The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas oilmen on the fairways had a more...
Keystone Oil Pipeline Is Shut After a Spill in North Dakota
Apr 9 2025 // South Bow Corp.’s Keystone oil pipeline has been shut after a spill in southeast North Dakota, curtailing a conduit that carries as much as 15% of Canada’s crude exports to the US. The pipeline was shut within...
Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill
Apr 4 2025 // Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are routine in the...
Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s Regulator Says
Apr 2 2025 // The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged...
West Texas Lawmakers Want to Divert Oil and Gas Taxes to Address Oil Patch Repairs
Mar 27 2025 // The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the state’s biggest oil and gas drilling region. More heavy trucks drove through small towns,...
