Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Panel on BP Gulf Oil Disaster Could Shape Liability Issues
Nov 8 2010 // The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at...
Panel Finds Halliburton At Fault for Flawed Cement in BP Oil Well
Oct 29 2010 // Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said...
Hurricane Richard Hits Belize; Could Reach Mexico’s Oil Fields
Oct 25 2010 // Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters. Richard, which made landfall just...
Group Sues BP for Harm to Endangered Gulf Wildlife
Oct 21 2010 // U.S. environmental groups filed a suit Wednesday against British-based oil giant BP Plc saying the world’s worst offshore spill inflicted “ongoing unlawful” harm on endangered wildlife in the Gulf of...
Hoaxers Target New Chevron Advertising Campaign
Oct 19 2010 // Chevron Corp launched a new advertising campaign Monday to address negative perceptions of big oil companies, but a bogus release and website by activist hoaxers and an environmental group quickly sought to turn the tables...
BP Links Bonus Pay to Safety, Risk Management
Oct 19 2010 // BP Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant’s reputation, declaring safety is so core to the group that it would be the sole measure for staff bonuses in the last quarter...
BP Tells Court It Waives $75 Million Limit on Oil Spill Liability
Oct 19 2010 // BP Plc told a court it was committed to waiving the legal cap on its liability from the Gulf oil spill, which could have limited the cost to the oil giant to $75 million plus clean-up costs. “BP has chosen to waive...
BP Claims Fund Struggling to Get Up to Speed
Oct 18 2010 // In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud...
Oil Firms Eye New Insurance Fund
Oct 18 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill in order to avoid a scenario where smaller companies are unable to drill offshore. BP’s oil spill...
U.S. Firms Plan New Oil Spill Insurance Fund
Oct 18 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, an industry executive...
BP Gulf Oil Disaster Legacy Includes Higher Risk, Insurance Costs
Oct 12 2010 // The Gulf of Mexico oil spill will push up costs and reduce the number of offshore oil and gas operators in U.S. waters for a long time to come, oil company executives told an industry conference in London on Tuesday. More...
Illinois Files Suit Against Enbridge Over Oil Cleanup
Oct 8 2010 // The Illinois attorney general filed a lawsuit against Enbridge Inc’s U.S. affiliate Enbridge Energy Partners Thursday, as the state seeks to have the company pay the costs incurred cleaning up an oil pipeline spill...
U.S. Firms Plan New Oil Spill Insurance Fund
Oct 7 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, a senior industry executive...
BP Claims Fund Struggles to Get Up to Speed
Oct 6 2010 // In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud...
It Figures
Oct 4 2010 // 124 Illinois Attorney General Lisa Madigan announced that investigators have identified 124 people with active arrest warrants who were residents or staff members of nursing homes for elderly residents. Madigan said they...
Fight Over Gulf Oil Disaster Liability Heats Up
Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to emails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...
Fight Over Gulf Oil Disaster Liability Heats Up
Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to e-mails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...
Alabama Seeks Plan for Coastal Recovery from Gulf Oil Disaster
Oct 1 2010 // A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the...
Mexico Could Join Lawsuits Over Gulf Oil Disaster
Oct 1 2010 // Mexico’s federal government could join a list of its states suing the companies blamed for the disastrous Gulf oil spill, claiming damage to fishing and tourism, the plaintiffs’ attorney said this week. Earlier...
Many Denied Oil Disaster Claims to Get Second Look
Sep 30 2010 // The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all. Kenneth Feinberg says the Gulf Coast Claims Facility...
