Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks June 23, 2020 By Nichola Groom In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well...
Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom June 10, 2020 By Laura Sanicola and Shariq Khan The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and...
As Demand Sinks Amid Pandemic, Texas Shale Producers Ask State to Cut Oil Output April 1, 2020 By Mitchell Ferman, The Texas Tribune Two Texas oil companies with large footprints in the West Texas oil patch have sent a letter to state regulators...
Employees Missing After Oklahoma Drilling Rig Fire January 22, 2018 By Liz Hampton Drilling contractor Patterson-UTI said some of its employees were missing on Monday after a fire at one of its drilling...
Coal Mining Company Proposes Turning Kentucky Mine Into Solar Farm April 21, 2017 By Adam Beam A former strip mine would be converted into a solar farm under a proposal announced Tuesday by an Appalachian coal...
Canada’s Energy Firms at Risk from Cyber, Bomb Attacks: Security Service January 19, 2017 By Ethan Lou Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines,...
Aon Launches Loss Estimating Risk Tool for Oil, Gas and Petrochemical Sectors January 18, 2017 Aon Global Risk Consulting, in collaboration with TNO, a research agency, has launched the Aon Loss Estimating Risk Tool (ALERT),...
Everest Insurance, AEGIS to Offer Coverage to Energy Industry November 19, 2015 Everest Re Group, Ltd. has formed a strategic alliance between its U.S. primary specialty insurer, Everest National Insurance Co., and...
Bad Companies Feel Shake-Out in Energy Sector the Most June 3, 2015 By Stephanie K. Jones While the per barrel oil price has rebounded somewhat after it plunged to under $45 per barrel in March 2015,...
Complex Energy Industry Requires ‘Power’ Underwriters September 25, 2014 By Denise Johnson The energy industry is not a risk for every underwriter; it requires considerable underwriting expertise due to its complexity and...