Latest Oil Gas Headlines

All the headlines from our Oil Gas Topic Page, ordered by recency.

EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap

Dec 8 2025 // The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in a bid to reduce the oil revenue that helps finance Russia’s war in...

California Resources Reports Oil Fluid Spill in Monterey County

Dec 5 2025 // A pipeline owned by California Resources Corporation subsidiary Aera Energy spilled 96 barrels of produced fluid — a mixture of oil and water — early Friday morning at an oil field in Monterey County in...

Third Russia-Linked Oil Tanker Suffers Explosions at Sea

Dec 1 2025 // An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days.Seawater entered the engine room of...

US Terror Label in Venezuela Deepens Risk for Oil Companies

Nov 26 2025 // The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela, experts say.On Monday, the administration...

COP30 Climate Deal Fails to Detail Fossil Fuel Cuts, but Pledges Adaptation Funding

Nov 24 2025 // United Nations climate talks in Brazil reached a subdued agreement Saturday that pledged more funding for countries to adapt to the wrath of extreme weather. But the catch-all agreement doesn’t include explicit...

Florida Republicans Oppose Trump Offshore Oil Leasing Plan

Nov 24 2025 // Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drilling in waters off the state’s Gulf Coast.The reactions came in response to an...

White House Plan Targets Florida, West for Coastal Oil Drilling

Nov 21 2025 // The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically expand the sale of oil and natural gas...

Trump Inflames California Over Oil Drilling Plan for Pacific Coast

Nov 21 2025 // President Donald Trump’s administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose...

Oil Tanker Seized by Iran Is Released With Cargo Missing

Nov 19 2025 // An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said.The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia...

Fatigue Crack Caused a Keystone Pipeline Oil Spill in North Dakota, Operator Says

Nov 18 2025 // A fatigue crack in the Keystone Pipeline led to an oil spill in North Dakota earlier this year that released thousands of barrels of oil onto farmland, according to the pipeline operator.In a quarterly report released...

Iran Forces Seize Oil Tanker After it Passes Hormuz Strait

Nov 17 2025 // Iranian forces seized an oil tanker sailing in the Gulf of Oman, diverting the vessel toward the country’s territorial waters on Friday after it passed the Strait of Hormuz, a US defense official said.The Marshall...

Newsom Calls Trump Offshore Oil Drilling Plan DOA at Climate Summit

Nov 12 2025 // California Gov. Gavin Newsom declared a planned Trump administration proposal to sell new oil drilling rights off the U.S. West Coast “dead on arrival.”The draft proposal prepared by administration officials,...

Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table

Oct 29 2025 // The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast.The shift in thinking...

Europe’s Top Rights Court Rejects Climate Challenge Against Norway’s Oil

Oct 29 2025 // The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their...

Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing

Oct 28 2025 // Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a vessel carrying Russian crude churned through icy seas, bound for...

Why Big Oil Is Asking EPA Not to Cut its Polluter Reporting Program

Oct 23 2025 // The Environmental Protection Agency says its proposal to stop greenhouse gas reporting for big polluters could save oil and gas companies up to $256 million a year. Some of them are countering that it could hurt their...

California Oil Workers Face Uncertain Future in State’s Energy Transition

Oct 15 2025 // Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down.Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental...

EU Eyes Sanctions on Fake Flags Used by Russia Shadow Oil Fleet

Oct 8 2025 // The European Union has proposed restrictions on three firms that have provided fake flags to sanctioned oil tankers in Russia’s shadow fleet, according to documents seen by Bloomberg.The entities have supplied false...

Captain of Oil Tanker Linked to Russia’s Shadow Fleet Will Face Trial in France

Oct 7 2025 // The captain of an oil tanker that authorities in France have detained off the country’s Atlantic coast and which President Emmanuel Macron has linked to Russia will go on trial in February over the crew’s...

California Lawmakers Pass Bill to Boost Oil Production

Sep 16 2025 // California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel...