Biden to Ban More Offshore Oil Drilling Before Trump Arrives January 3, 2025 By Jennifer A. Dlouhy President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US...
‘Drill, Baby, Drill’ Is Unlikely Under Trump, Exxon Says December 2, 2024 By Mitchell Ferman Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect...
About 17% of Gulf of Mexico Oil Production Shut Due to Hurricane Rafael November 7, 2024 About 17% of crude oil production and 7% of natural gas output in the U.S. Gulf of Mexico was shut...
Texas Agency Seeks $100M to Tackle Well Blowouts November 4, 2024 By Carlos Nogueras Ramos, The Texas Tribune Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas...
West Texas Town Endures Another Well Blowout, Putting Residents at Risk October 11, 2024 By Carlos Nogueras Ramos, The Texas Tribune and Alejandra Martinez, The Texas Tribune TOYAH — After a restless night of sleep, Elida Machuca texted her neighbor, searching for answers. The air around her...
Environmental Groups, California Sue Exxon Over Global Plastic Pollution September 24, 2024 By Valerie Volcovici California and several environmental groups sued Exxon Mobil on Monday and accused the oil giant of engaging in a decades-long...
Texas is Close to Adopting Revised Oil and Gas Waste Rules September 13, 2024 By Martha Pskowski Texas is inching closer to adopting revised oil and gas waste management rules for the first time in four decades....
Insurance Industry Impact From Hurricane Beryl Expected to Be ‘Manageable’ July 8, 2024 By Chad Hemenway Hurricane Beryl made its U.S. landfall at Matagorda, Texas early Monday as a Category 1 hurricane. The storm has reportedly...
Gulf of Mexico Oil and Gas Lease Sale Postponed Amid Legal Battles Over Endangered Whale Protections November 7, 2023 By Kevin McGill NEW ORLEANS (AP) – An upcoming sale of federal Gulf of Mexico oil and gas leases was officially postponed last...
More Funding for U.S.-Based Provider of Retained Climate Risk Reinsurance August 17, 2023 By Don Jergler Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses...