Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Oil Tank Train Derails in Alabama; Cars Erupt in Flames
Nov 10 2013 // Several oil tank cars that burst into flames after a train derailed in rural Alabama were expected to keep burning into Saturday, potentially reigniting the push for tougher regulation of the boom in moving oil by...
BP Oil Spill Settlement Opponents Ask Court to Rescind Approval
Nov 4 2013 // Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement. The...
India’s Iran Oil Imports Drop as Refiners Await Insurance Fund
Oct 29 2013 // India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut purchases from the sanctions-hit nation while waiting for New Delhi to back local insurers covering plants...
USGS: Quakes in Central Oklahoma Here to Stay
Oct 28 2013 // Prague, a central Oklahoma town of 2,400, claims two things as its own: Olympian Jim Thorpe and an annual kolache festival that honors its Czech heritage every May. Some locals here say the place should be known for a...
Texas Oil and Gas Association Earns $500K Texas Mutual Dividend
Oct 18 2013 // Texas Mutual Insurance Co. announced that the Texas Oil and Gas Association (TxOGA) has earned a $500,000 workers’ compensation dividend. “The Texas oil and gas industry is experiencing a resurgence, and our...
Pirate Attacks by Heavily Armed Gangs Surge off Nigerian Coast
Oct 18 2013 // Pirate attacks off Nigeria’s coast have jumped by a third this year with ships passing through West Africa’s Gulf of Guinea, a major commodities hub, increasingly under threat from gangs wanting to snatch...
Ex-Halliburton Manager Pleads Guilty in BP Case
Oct 16 2013 // A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of...
Icebergs, Insurance Hamper Top of the World Shipping Route
Oct 16 2013 // The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental...
Feds Seek Stay in Lawsuit over Exxon Arkansas Oil Spill
Oct 11 2013 // Federal prosecutors in Arkansas asked a judge to stay proceedings in their lawsuit against ExxonMobil Pipeline Co. because of the federal government shutdown. The U.S. attorney for the Eastern District of Arkansas, Chris...
Tens of Thousands Flee Vast Cyclone Phailin Bearing Down on India
Oct 11 2013 // Tens of thousands fled their homes in coastal areas of eastern India and moved to shelters on Friday, bracing for the fiercest cyclone to threaten the country since a devastating storm killed 10,000 people 14 years...
Colorado Flood Spills Spur Review Of State Plans For Oil
Oct 9 2013 // As floodwater started to rise Sept. 11, some oil and gas operators began shutting wells and securing facilities. It would be five days before state regulators announced their own plans. “Did the state have a disaster...
BP, Government Spar Over How Much Oil Spilled Into Gulf
Oct 8 2013 // Lawyers for BP Plc and the federal government sparred on Monday over the methods competing teams of scientists used to estimate the size of the company’s 2010 oil spill in the U.S. Gulf of Mexico. U.S. District Judge...
Iranian Trade with India Hit by Insurance Delay Sources Say
Oct 8 2013 // Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover, leaving some ships stranded outside ports in both countries, industry sources said. The delays had occurred because...
Montana Residents Suing Over Petroleum Pollution
Oct 7 2013 // Nearly 50 Cut Bank residents have filed a lawsuit alleging their properties have been polluted by petroleum from a crude oil transportation and storage facility on the eastern edge of the city. The Great Falls Tribune...
Energy Industry Liability May Cover Contamination Claims from Colorado Flooding
Oct 7 2013 // Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Nearly 2,400 square miles were saturated with water causing massive dislocation and loss of life....
Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?
Oct 7 2013 // In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said at the opening of the second phase of...
Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims
Oct 3 2013 // BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the...
Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?
Oct 1 2013 // In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said on Monday at the opening of the second...
North Dakota Oil Patch Town Wants Speed Limit Reduced
Sep 30 2013 // Residents of a small town in the middle of the North Dakota oil patch say they’re sick of semitrailers barreling past their homes and want the state to do something about it. Arlene Isaak, 87, and other residents in...
Billions at Stake as BP Oil Spill Trial Enters Next Phase
Sep 27 2013 // BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. Starting on Monday in New...
