Latest Oil Gas Headlines
All the headlines from our Oil Gas Topic Page, ordered by recency.
Colorado Officials Take Sides in Fracking Dispute
Sep 25 2012 // Some 60 mayors and city council members from 17 communities have asked Colorado Gov. John Hickenlooper to have the state drop a lawsuit over fracking that challenges oil and gas drilling rules adopted by the city of...
Explosion, Fire at Mexico Pemex Gas Facility Kills 26
Sep 19 2012 // An explosion and fire killed at least 26 people at a Pemex natural gas facility in northern Mexico near the U.S. border on Tuesday, one of the deadliest accidents in the oil and gas industry in recent years. Television...
Alabama Officials Mull How to Share Oil Spill Penalty Money
Sep 18 2012 // Local communities should not hire lobbyists as Alabama tries to determine how to dole out at least $1 billion in penalty funds it expects to receive as a result of the 2010 oil spill in the Gulf of Mexico, Alabama Gov....
US Renews Waivers of Iran Sanctions for Japan, EU Nations
Sep 17 2012 // The United States has renewed waivers on Iran sanctions for Japan and 10 European countries because they cut their purchases of the OPEC nation’s crude oil, Secretary of State Hillary Clinton said on Friday. The...
Isaac Tars Louisiana Beaches with Oil from BP Spill
Sep 12 2012 // Two years after the worst offshore oil spill in U.S. history, mats of oily tar from BP Plc.’s ill-fated Macondo well have turned up on Louisiana’s shore after Hurricane Isaac stirred up submerged oil deposits,...
Transocean, U.S. Talking $1.5 Billion Gulf Oil Spill Settlement
Sep 10 2012 // Transocean Ltd. is in discussions with the U.S. Justice Department to pay $1.5 billion to resolve civil and criminal claims from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, the Swiss-based company said on...
BP Executives Sought to Blame ‘Blue Collar Rig Workers’ for Gulf Oil Spill: U.S.
Sep 7 2012 // BP executives wanted to concentrate blame for the Deepwater Horizon oil spill disaster on “blue collar rig workers” in order to save themselves, U.S. government lawyers wrote in a court document that until...
Tar Balls on Coast Part of Isaac’s Aftermath
Sep 6 2012 // Lingering effects of Hurricane Isaac in Louisiana include more than 20,000 electric customers still without power, an estimated 700 people still in shelters and gobs of weathered oil washing ashore along a stretch of...
Pennsylvania Banks, Homeowners Examine Oil and Gas Leases
Sep 5 2012 // When Donald Yost tried to refinance his home about 30 miles north of Pittsburgh in January, he met a roadblock. It wasn’t his credit score — he had a solid rating — or the appraisal he’d paid almost...
Prospects Fade for Early Settlement by BP with U.S. Over Gulf Oil Disaster
Sep 5 2012 // Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on Wednesday after U.S. prosecutors laid out a legal case for gross negligence on which tens of billions of dollars...
Another Disaster Brings Candidates to Gulf Coast
Sep 4 2012 // Mitt Romney wasted no time after accepting the GOP presidential nomination in heading to Louisiana to see the damage from Hurricane Isaac, changing his schedule on the fly to get there the very next day. President Barack...
Commentary: Iran Confident It Is Winning Sanctions War
Sep 4 2012 // Despite ludicrous claims to the contrary, Western sanctions have hurt Iran’s crude oil exports, but it’s also not all gloom and doom. In unsurprising, but obviously factually incorrect, remarks, the director of...
Isaac Brings Relief to U.S. Drought Conditions
Aug 31 2012 // The remnants of Hurricane Isaac continue to cause headaches on Friday, bringing heavy rainfall and the threat of flash flooding to the lower Mississippi Valley as Gulf Coast residents get ready to start their cleanup...
How Iran’s Main Oil Buyers Deal with Insurance Sanctions
Aug 30 2012 // Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo. The EU sanctions are aimed at the protection and indemnity (P&I) clubs based in the EU, which dominate the marine...
Isaac Becomes a Hurricane As It Churns Toward New Orleans
Aug 28 2012 // Tropical Storm Isaac strengthened into a hurricane just off the U.S. Gulf Coast on Tuesday as it churned toward landfall in the New Orleans area seven years after the city was devastated by Hurricane Katrina. Isaac’s...
Near-Hurricane Strength Isaac Takes Aim at New Orleans
Aug 28 2012 // Tropical Storm Isaac was near hurricane force as it bore down on the U.S. Gulf Coast on Tuesday and was expected to make landfall in the New Orleans area seven years after it was devastated by Hurricane...
Update: Isaac Menaces Gulf States; Forces Evacuations, Closings; Serious Flooding Feared
Aug 27 2012 // Tropical Storm Isaac closed in on the U.S. Gulf of Mexico coast on Monday, triggering some mandatory evacuation orders and disrupting U.S. offshore oil production as it threatened to make landfall between Florida and...
Tropical Storm Isaac Threatens Haiti; Oil Rigs Shut; Southeast Prepares
Aug 24 2012 // Tropical Storm Isaac strengthened on Friday as it took aim at flood-prone Haiti, but it was not expected to become a hurricane until it barreled into the Gulf of Mexico early next week. On its current path, forecasters...
Asia’s Iran Crude Oil Imports to Regain Levels Prior to EU Insurance Ban
Aug 22 2012 // Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades. Top...
Mississippi Man Charged with Oil Spill Claims Fraud
Aug 20 2012 // A Columbia, Mississippi man is under federal indictment for allegedly filing $10,000 worth of false claims for Deepwater Horizon oil spill relief funding. The Clarion-Ledger reported that Jermaine Ball has been charged...
