Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Quebec Demands CP Railway Help Pay for Disaster Clean-up
Aug 16 2013 // The Canadian province of Quebec has ordered Canadian Pacific Railway Ltd to help pay clean-up costs after a train disaster that killed 47 people and said on Thursday the company has no choice in the matter. The disaster,...
Flood Official: Oil Companies ‘Trashed the Hotel Room’
Aug 15 2013 // A Louisiana flood control official is likening the oil and gas industry in coastal Louisiana to rock stars who bring a lot of money to the area but, in his words, “trashed the hotel room.” Stephen Estopinal was...
Evacuations Start at Some U.S. Gulf Offshore Operations on Storm Threat
Aug 15 2013 // Some Gulf of Mexico oil and gas operators began evacuating workers from offshore facilities on Thursday as a low-pressure system threatened to strengthen into a cyclone. The U.S. National Hurricane Center said Thursday...
Iran Detains Tanker Carrying Iraqi Crude Oil to India
Aug 15 2013 // An Indian ship carrying Iraqi crude has been detained by Iran in its territorial waters due to pollution concerns, the head of the refiner buying the oil and India’s shipping directorate said on Thursday. The Desh...
Atlantic Hurricane Season to Enter Most Active Phase Next Week
Aug 14 2013 // The Atlantic hurricane season is about to enter its most active phase as conditions for the powerful storms improve across the basin. Wind shear that can tear budding storms apart has been decreasing, said Dan Kottlowski,...
India’s MRPL to Receive Iranian Oil Cargo after 4-Month Gap
Aug 13 2013 // India’s Mangalore Refinery and Petrochemicals Ltd said on Monday it expects to receive an Iranian oil cargo by the end of this week, the firm’s first purchase from the sanctions-hit nation since April. The...
Railway in Quebec Train Disaster Gets Canada Bankruptcy Protection
Aug 9 2013 // The U.S. railway whose runaway train killed 47 people in a tiny Quebec town last month was granted bankruptcy protection from a Canadian court on Thursday and took steps in that direction in a U.S. court as well. Montreal...
BP Ordered to Pay $130M Operating Costs of Gulf Oil Spill Claims Program
Aug 8 2013 // BP Plc must pay $130 million to a court-appointed administrator overseeing payments to thousands of people who claimed they were hurt by the 2010 Gulf of Mexico oil spill, a federal judge ruled on Wednesday, in a fresh...
MMA Railway to Stop Transporting Oil after Quebec Crash
Aug 7 2013 // The Montreal, Maine and Atlantic (MMA) railway company will stop transporting oil after a runaway oil tanker train derailed and exploded in a small Quebec town last month, killing 47 people, MMA Chairman Ed Burkhardt said...
BP Says Rejection of Oil Spill Claims Appeals Could Scuttle Settlement
Aug 5 2013 // The settlement BP Plc reached last year with most private parties over the 2010 Gulf of Mexico oil spill could be scuttled if a U.S. appeals court doesn’t throw out the interpretation of payments being used by the...
Oil Explosion in Quebec Train Crash ‘Abnormal’ Says Investigator
Aug 2 2013 // As investigators seek reasons for the deadly train crash in Lac-Megantic, Quebec, last month and the huge “abnormal” fire it caused, they are focusing on the nature of the fuel cargo as well as the brakes,...
CP Rail Subcontracted to MMA in Quebec Train Crash; Coverage an Issue
Aug 1 2013 // Canadian Pacific Railway, hired to transport oil from North Dakota to New Brunswick, subcontracted part of the job to the small railroad involved in the deadly crash in Lac-Megantic, Quebec, the company that chose the...
U.S. Safety Rule for Oil Trains Delayed for Year
Jul 31 2013 // The Obama administration has delayed by nearly a year a plan to boost safety standards for the type of rail car involved in a fiery explosion that killed at least 47 people in Canada this month. Officials began work on the...
BP Sees No Quick Settlement in Oil Spill Case; Latest Cost Estimate at $42.4B
Jul 30 2013 // BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is...
Quebec Gov’t. Orders MMA Railway, World Fuel to Pay for Train Crash Cleanup
Jul 30 2013 // The Quebec government has ordered the rail and fuel companies involved in a devastating train crash that killed 47 people in the town of Lac Megantic to pay for cleaning up the crude oil that spilled in the town and...
Could Halliburton’s Plea Help BP in Oil Spill LIability Battle?
Jul 29 2013 // P Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British oil company as unconcerned about...
Halliburton Pleads Guilty to Destroying Gulf Oil Spill Evidence
Jul 26 2013 // Halliburton Co. has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday. The government said Halliburton’s guilty plea is the...
Michigan Brewery Sues Over Oil Spill Cleanup Dredging Plan
Jul 25 2013 // A brewery in Michigan has sued over a plan for dredging sediments as part of the cleanup from the Kalamazoo River oil spill three years ago. The Kalamazoo Gazette reports Bell’s Brewery has sued Enbridge Inc. and the...
Louisiana Agency Sues Big Oil Firms for Hurting Wetlands
Jul 25 2013 // A Louisiana agency sued 97 oil companies – including BP Plc, Exxon Mobil Corp, Chevron Corp and Royal Dutch Shell Plc – in state court on Wednesday for allegedly damaging hundreds of miles of sensitive wetlands...
44 Rescued From Gulf Rig After Natural Gas Blowout off Louisiana Coast
Jul 25 2013 // Natural gas spewed uncontrolled from a well of the Louisiana coast on July 23 after a blowout that forced the evacuation of 44 workers aboard a drilling rig, authorities said. No injuries were reported in the midmorning...
