Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Workers’ Comp Dividend Earned by Petroleum Marketers and Convenience Store Group
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
Sloan Mason Offers Oil and Gas Contractors Program
Dec 13 2007 // Sloan Mason based in San Diego is offering access to a new program for land-based oil and gas contractors nationwide. The company is providing general liability/auto/workers’ compensation with an “A” XV...
Federal Government Sues Ship Owner, Pilot, Insurer over Bay Oil Spill
Dec 3 2007 // The Justice Department filed a lawsuit accusing the pilot and the Hong Kong-based owners of the container ship Cosco Busan of breaking environmental laws when the ship struck a bridge support in San Francisco Bay, spilling...
Cargo Ship Crashes into San Francisco Bay Bridge, Causes Oil Spill
Nov 12 2007 // A cargo ship sideswiped a support on the San Francisco-Oakland Bay Bridge last Wednesday, leaving a gash nearly 100 feet long on the side of the 926-foot vessel, and spilling fuel into the bay. The crash ruptured two fuel...
Supreme Court to Decide on Exxon Valdez Punitive Damages
Oct 31 2007 // The Supreme Court this week agreed to decide whether Exxon Mobil Corp. should pay $2.5 billion in punitive damages in connection with the huge Exxon Valdez oil spill that fouled more than 1,200 miles of Alaskan coastline...
British Petroleum to Pay More Than $370M for Violations in U.S.
Oct 26 2007 // British Petroleum and several of its subsidiaries have agreed to pay approximately $373 million in fines and restitution for environmental violations, the U.S. Department of Justice announced. The sanctions stem from a...
S.C. Clam Farmers Settle for $1.8 Million Following Oil Spill
Oct 22 2007 // More than a dozen South Carolina clam farmers who claimed most of their crop was spoiled by an oil spill five years ago have settled a lawsuit with a shipping line and a dredging firm for nearly $1.8 million. Under the...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Jul 23 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
Few Kan. Residents Covered by Flood Insurance
Jul 16 2007 // While his flooded neighbors faced an uncertain future, homeowner Bob Foust was already well under way this week repairing the water damage to his house upstream of the refinery’s oil spill. Not only did his house...
Ratings Recap; OIL; Talanx; HDI; Trust; AUGI; Fuji Fire, Pioneer (NZ)
Jul 13 2007 // Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) and removed them from CreditWatch with negative implications,...
Texas Oil and Gas Contracting Firm Indicted for Workers’ Comp Fraud
Jul 10 2007 // Texas Mutual Insurance Company reported that a Travis County grand jury indicted ZIPCO Services Inc. and its owner, Jerry Don Calicutt, on workers’ compensation fraud-related charges. The indictments allege that...
N.H. Oil Firm Blames Shutdwn on Unpaid Insurance Bill
Jun 25 2007 // New Hampshire customers who were stranded after their oil company shut its doors in April confronted the company’s owners last Friday at a creditors’ hearing in Concord. Rumford Energy closed without warning,...
Appeals Court Gives Mass. Anti-Oil Spill Law Another Chance
Jun 25 2007 // In a case stemming from a devastating oil spill, a federal appeals court in Boston sided with environmentalists and ordered a new hearing on a Massachusetts law aimed at preventing such disasters. The Legislature passed...
Oil Industry Develops New Safety Standards for Hazardous Worksites
Jun 22 2007 // An oil industry trade group said it has developed standards to better protect workers from explosions like the 2005 BP refinery in Texas explosion that killed 15 people and injured 170. The American Petroleum...
Unsafe Work Conditions Caused Fatal Miss. Explosion, Feds Say
Jun 14 2007 // Unsafe work conditions contributed to a deadly oilfield explosion in Smith County, Miss., in 2006, the U.S. Chemical Safety Board said this week. The board, an independent federal agency charged with investigating...
S&P Raises Neftepolis Outlook to Positive; Affirms ‘B+’ Ratings
Jun 7 2007 // Standard & Poor’s Ratings Services has revised its outlook on Russia-based insurer Neftepolis Insurance Co. LLC to positive from stable, “as a result,” said the announcement, “of closer...
