oil and gas industry News

As Demand Sinks Amid Pandemic, Texas Shale Producers Ask State to Cut Oil Output

Two Texas oil companies with large footprints in the West Texas oil patch have sent a letter to state regulators formally requesting an emergency meeting to consider reducing oil production as demand for oil around the world has collapsed during …

Oil Industry Seeks Easing of Environmental Regulation During Pandemic

The Environmental Protection Agency said this week that it’s reviewing a request from the oil and gas industry to ease enforcement of hazardous air and water pollution and other regulatory issues during the coronavirus pandemic. The proposal is drawing objections …

Willis Towers Watson, Chubb to Offer Global Coverage for Oil & Gas Industry

Willis Towers Watson has launched Risk Protect, an insurance and risk management product for companies serving the global oil and gas industry. Risk Protect applies industry specific insurance policy wording, underwritten exclusively by Chubb, that addresses current and emerging risks …