Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
7 Quakes Recorded in Oklahoma on Nov. 30; 1 a Magnitude 4.7
Dec 2 2015 // At least seven earthquakes rattled north-central Oklahoma on Monday, Nov. 30, including one felt 300 miles away in Iowa, prompting concern from local residents and policymakers that the state isn’t doing enough to...
Fossil Fuel Divestments by Insurers & Other Investors Top $3.4 Trillion: Activists
Dec 2 2015 // Insurers, cities and other investors controlling more than $3.4 trillion in assets have pledged to keep some or all of their money out of fossil-fuel companies — a high-water mark for the divestment movement,...
N.Y. Agency Advises Homeowners to Check Heating Oil Tanks to Prevent Leaks
Dec 1 2015 // The New York Department of Environmental Conservation is calling on homeowners who have oil furnaces to inspect their heating oil tanks for leaks that could lead to expensive cleanups. The agency says more than 2 million...
Anadarko’s $160 Million Fine for 2010 Gulf Oil Spill Falls Well Below What U.S. Sought
Nov 30 2015 // Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history. The fine was the last big...
Florida Counties Oppose State Fracking Proposal
Nov 29 2015 // Dozens of Florida cities and counties oppose a plan to give the state control over the oil and gas exploration process known as fracking. The Tallahassee Democrat reported on Nov. 28 that 20 counties and nearly 40 cities...
Penn. Officials Remind Homeowners to Make Safety a Priority This Thanksgiving
Nov 25 2015 // Pennsylvania Fire Commissioner Tim Solobay and Insurance Commissioner Teresa Miller are reminding Pennsylvanians to celebrate Thanksgiving safely. According to the U.S. Fire Administration, the average number of home fires...
Allianz Plans to Sell Coal Holdings in Response to Climate Change Concerns: CIO
Nov 24 2015 // Allianz SE is turning its back on coal as returns evaporate from energy generation that is harmful to the environment. Europe’s largest insurer plans to exit holdings in mining companies and utilities that derive...
Liberty Insurance Must Pay Attorneys’ Fees in Gulf Oil Spill Case
Nov 23 2015 // A federal appeals court has ruled against an insurer in its quest to avoid paying attorneys’ fees in litigation stemming from 2010’s Deepwater Horizon oil spill. The U.S. Court of Appeals for the 5th Circuit in...
Paris Climate Summit Will Seek New Path to Reduce Carbon Emissions
Nov 23 2015 // Next week, in the waning days of what is set to be the hottest year on record, world leaders meet on the outskirts of Paris for a summit that seeks nothing less than to steer the global economy away from its ever-growing...
Oil Company Prevails in Suit Against Insurers over Pipeline Rupture
Nov 16 2015 // An Arkansas federal jury has awarded an oil company nearly $72 million in damages from lost income and expenses stemming from the breach of a pipeline carrying oil from Louisiana to Arkansas. In litigation heard in federal...
Louisiana Parish Drops Wetlands Suits Against Oil, Gas Companies
Nov 15 2015 // A coastal Louisiana parish has voted to drop its lawsuits against oil and gas companies over damages officials had said the oil industry caused to wetlands by digging numerous canals. The Plaquemines Parish council voted...
Railroad Bridge Safety, Inspection System Questioned in Report
Nov 12 2015 // Two environmental groups say they are worried about the safety of railroad bridges because inspection reports generally aren’t public, and railroads take care of their own bridges. The Waterkeeper Alliance and...
Insurance and Safety Issues Delay Iran’s Entry into Global Oil Tanker Market
Nov 12 2015 // Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea...
2 Train Derailments in 2 Days in Wisconsin; Ethanol, Crude Oil Spilled
Nov 10 2015 // A Canadian Pacific Railway train carrying crude oil derailed on Nov. 9 prompting some evacuations in Wisconsin, the second day in a row a freight train derailed in the state. The eastbound CP train derailed about 2 p.m. in...
Oil Company Prevails in Suit Against Insurers over Pipeline Rupture
Nov 5 2015 // An Arkansas federal jury has awarded an oil company nearly $72 million in damages from lost income and expenses stemming from a 2012 breach of a pipeline carrying oil from Louisiana to Arkansas. In litigation heard in...
Kansas Extends Wastewater Injection Limits Until at Least Mid-March
Nov 2 2015 // Oil and gas industry restrictions meant to decrease the frequency and intensity of earthquakes in south-central Kansas will remain in place until at least March 2016, state regulators have decided. The Kansas Corporation...
Safety Experts: Oklahoma Quakes a National Security Threat
Oct 26 2015 // In the months after Sept. 11, 2001, as U.S. security officials assessed the top targets for potential terrorist attacks, the small town of Cushing, Okla., received special attention. Even though it is home to fewer than...
Study: Larger Oklahoma Quakes Caused by Industrial Activity
Oct 23 2015 // A sharp rise in earthquakes in Oklahoma in the past 100 years is likely the result of industrial activities in the energy-rich state, such as oil and natural gas production, a new study suggests. The paper by the U.S....
10 Oil & Gas Bosses Seek to Improve Image Before Climate Change Summit
Oct 16 2015 // Oil and gas industry bosses called for an “effective” agreement at the United Nations climate change summit in December, recognizing that current greenhouse gas emissions were inconsistent with the goal of...
Oklahoma Oil Company Disputing Required Reduction in Disposal Well Volumes
Oct 15 2015 // A Tulsa oil company has agreed to a technical meeting with Oklahoma regulators after challenging their response to earthquakes and saltwater disposal wells. The Oklahoman reports Marjo Operating Co. Inc. and staff for the...
