Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Institutional Investors’ Fossil-Fuel Divestment Exceeds $2.6 Trillion
Sep 23 2015 // Portfolio managers have pledged to steer $2.6 trillion in investments away from fossil fuels in an effort to prevent catastrophic climate change. That’s a 50-fold increase from the cumulative total a year ago, $50...
Bermuda’s OIL Group of Companies Names Olsson as President and CEO
Sep 18 2015 // Bermuda-based OIL Group of Companies named Bertil Olsson as president and chief executive Officer, succeeding Robert Stauffer who is retiring in January 2016. With more than 25 years of energy insurance experience, Olsson...
Oil Company Fined $223K for Fracking Well Fire in Ohio
Sep 17 2015 // A fire at a natural gas fracking well that forced evacuations and killed thousands of fish in eastern Ohio last summer will result in fines of about $223,000 against an international oil and gas company. Environmental...
Texas Oil Wells Services Company Cited for Rig Fatalities
Sep 10 2015 // Federal safety officials have cited a Texas oil well services company in the deaths of three workers killed while working to install a blowout preventer, which seals, controls and monitors a rig. The Occupational Safety...
No-Penalty Policy a Standard for Oil Wastewater Spills, Critics Say
Sep 10 2015 // In April 2013, a malfunctioning oil well in the countryside north of Oklahoma City caused storage tanks to overflow, sending 42,000 gallons of briny wastewater hurtling over a dike, across a wheat field and into a farm...
California Climate Change Bills Unlikely to See Easy Passage
Sep 9 2015 // California lawmakers negotiated frantically behind the scenes on Tuesday over the fate of several proposals to dramatically reduce the state’s use of fossil fuels and slash the amount of greenhouse gases that legally...
15,000 Schools Located Within ‘Blast Zone’ of Oil Trains
Sep 8 2015 // Thousands of U.S. schools sit along rail corridors used to carry toxic substances such as crude oil and would be at risk in the event of a derailment, an environmental group said on Tuesday as it called for a temporary...
Kentucky Stretch of Mississippi River Reopens After Oil Spill
Sep 8 2015 // A 17-mile stretch of Mississippi River in Kentucky has reopened with restrictions after it was closed following a collision between two tow boats that spilled more than 120,000 gallons of oil into the waterway, the U.S....
Texas Oil Field Co. to Pay $30K to Settle EEOC Retaliation Suit
Sep 4 2015 // An Iraan, Texas, oil field construction and services company will pay $30,000 and furnish other relief to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency...
West Virginia Residents Sue CSX Over Train Derailment
Sep 4 2015 // A lawsuit has been filed against CSX Corp. on behalf of southern West Virginia residents living near the site of a fiery oil train derailment. Charleston attorney P. Rodney Jackson said that the lawsuit was filed for more...
New Orleans Firm Settles Suit Over Decade-Old Gulf Oil Leak
Aug 28 2015 // Environmental groups and a New Orleans company that failed to end a decade-old oil leak in the Gulf of Mexico have reached a settlement agreement in a lawsuit over the slow-motion spill. Taylor Energy Company said it has...
Feds Charge Texas-Based Oil Platform Operator over Deadly Blast
Aug 18 2015 // Oil platform operator Black Elk Energy is facing federal criminal charges in connection with a November 2012 explosion off Louisiana’s coast that left three workers dead and others badly injured. Multiple media...
Southern California Fires Burn Structures, Stop Oil Field Operations
Aug 18 2015 // Crews working through the night stopped the spread of two Los Angeles County fires in Southern California that burned several structures, charred hundreds of acres of dry brush and led to the arson arrest of one person. A...
Texas Oil Field Chemical Supplier Rocked by Explosions
Aug 17 2015 // A series of explosions rocked an oil field chemical supply company north of Houston on Aug. 14, setting off a fire that sent a broad, dense column of thick, black smoke towering into the otherwise blue skies. DrillChem...
Judge OKs Agreement in Arkansas ExxonMobile Oil Leak Suit
Aug 13 2015 // A federal judge has signed an agreement among the operators of an oil pipeline and state and federal governments to end a lawsuit filed over a pipeline rupture that soiled land and water in central Arkansas in 2013. U.S....
Environmental Groups Concerned Over Renewed Oil Hunt in Florida
Aug 7 2015 // Renewed hunts for oil in sensitive Florida ecosystems have environmental groups raising questions about the state’s regulation of the oil and gas industry. A Miami company, Kanter Real Estate LLC, has submitted a...
California Oil Spill Might be Larger Than Thought, Company Says
Aug 6 2015 // Plains All American Pipeline LP’s ruptured California oil pipeline may have spilled 41 percent more crude than currently estimated, the company said on Wednesday. In a presentation accompanying Plains’...
Lightning Blamed for Ohio Gas Station Fuel Tank Explosion
Aug 5 2015 // Investigators say lightning has sparked a fuel tank explosion that left a crater 40 feet wide at an Ohio gas station. The blast and fire in the evening on Aug. 3 prompted a temporary evacuation near the Gas Depot in...
U.S. Appeals Court Rejects Ecuador Challenge to $96 Million Chevron Award
Aug 5 2015 // A U.S. appeals court on Tuesday rejected Ecuador’s challenge to a $96 million international arbitration award in favor of energy giant Chevron Corp, marking the latest twist in a decades-long dispute over the...
U.S. Issues Final Oil Train Safety Rules
Jul 31 2015 // The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec. The new...
