Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Berkley Forms Domestic Energy Industry Insurance Unit
Oct 7 2009 // W. R. Berkley Corp. has formed Berkley Oil & Gas Specialty Services, LLC. The new insurance unit, based in Houston, Texas, will provide multiline insurance products including general liability, auto liability,...
ACE Launches New Offshore Policy for Oil/Gas Industry Liability Exposures
Oct 1 2009 // ACE Europe announced the launch of its new oil and gas industry policy. ACE said the product is “aimed at both manual and non-manual trades engaged in the upstream sector,” and that it has been extended and...
US May Target Insurers, Gasoline Imports in Iran Sanctions Strategy
Sep 30 2009 // The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear...
Hurricane Bill Drenches Eastern Canada; Two Die in U.S.
Aug 24 2009 // Hurricane Bill brought rain and heavy winds to eastern Canada Sunday after pounding the U.S. East Coast with heavy seas that killed two people. A seven-year-old girl died in a hospital after she was pulled unresponsive...
El Nino Weather Pattern Increasing Says Australian Weather Bureau
Jul 8 2009 // The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are...
Texas Oil & Gas Assoc. Earns $4.5M Texas Mutual Dividend
Jul 7 2009 // The Texas Oil & Gas Association (TxOGA) workers’ compensation purchasing group has earned a $4.5 million dividend from Texas Mutual Insurance Company. This marks the largest group dividend in Texas...
Texas Mutual Offers Free Safety Resources to Oil and Gas Industry
Jun 3 2009 // Austin, Texas-based Texas Mutual Insurance Company has added free safety training resources for the oil and gas industry on its Web site at texasmutual.com/safety/rtmain.shtm. Texas Mutual noted that between 2003 and 2006,...
Washington County Wants More Gas Insurance
May 13 2009 // A company drilling for natural gas near Bickleton, Wash., lacks adequate insurance against groundwater contamination, Klickitat County officials say. County planners say Delta Petroleum of Denver has not shown proof of $20...
2 Small Eruptions Occur at Alaska Volcano
Mar 27 2009 // Alaska’s Mount Redoubt Volcano erupted at least twice Wednesday, March 25, as officials from a pipeline company assessed conditions at a nearby oil storage facility to determine whether to remove its contents. The...
Half of Oil-slicked Australian Beaches Now Clean
Mar 16 2009 // About half of the white sand beaches along Australia’s northeast coast that were blackened by an oil spill have been cleared, an official said Sunday. Authorities declared a disaster zone along 37 miles (60...
10 Things to Know About … Energy, Oil & Gas
Mar 9 2009 // The types of risks classified under the energy insurance category range from offshore energy (exploration and production), offshore energy construction, onshore energy (oil refining, gas processing, petrochemical plants...
Wyoming Introduces Workers’ Comp Legislation
Feb 22 2009 // Legislation has been introduced in the Wyoming House that could hold oil and gas operators liable for their own negligence resulting in injuries and fatalities on their job sites in the state. House Bill 273, introduced by...
Wyoming Introduces Workers’ Comp Legislation
Feb 3 2009 // Legislation has been introduced in the Wyoming House that could hold oil and gas operators liable for their own negligence resulting in injuries and fatalities on their job sites in the state. House Bill 273, introduced by...
Florida Gas Stations Say Insurance Rule on Upgrading Tanks Too Costly
Jan 27 2009 // First it was high credit card fees. Then came higher gas prices. Now, hundreds of gas stations around the state are shutting down because their insurance companies will not renew policies unless stations install new...
California AG Sues Operators and Pilot for San Francisco Bay Oil Spill
Jan 22 2009 // California Attorney General Edmund G. Brown Jr. has filed a lawsuit on behalf of the California Department of Fish and Game Office of Spill Prevention and Response, State Lands Commission and State Water Boards against the...
Gunmen Attack Ships at Nigeria Oil Loading Platform
Jan 20 2009 // Gunmen opened fire on at least two oil vessels at Nigeria’s Bonny crude oil loading platform late on Saturday, the site’s joint owner Royal Dutch Shell and industry security sources said on Sunday. One of the...
Why Hijack a Plane When You Can Seize a Supertanker?
Nov 25 2008 // When pirates armed with little more than AK-47s and rope ladders seized a supertanker last week, they showed how simple it is to storm a ship — a vulnerability that al Qaeda could exploit to attack the global...
Somali Pirates Hijack Saudi Supertanker off East Africa
Nov 18 2008 // Somali pirates have captured a fully laden Saudi supertanker far off east Africa, seizing the biggest vessel ever hijacked with a cargo of oil worth over $100 million in an attack that pushed world crude prices higher. The...
Cleanup Continues After Oil Well Explodes in Oklahoma
Nov 13 2008 // Cleanup is continuing after an oil well explosion near Duncan, Okla., on Nov. 5 spewed petroleum product onto nearby homes. The explosion occurred at a well three miles west of Duncan. Ron Smith, a field supervisor for the...
It Figures
Nov 2 2008 // $205 Million The amount the state of Vermont has finally received in a lawsuit against accounts for an insurance company that went bankrupt a quarter century ago and left about 20,000 people in several states with...
