All the headlines from our Oil Gas Topic Page, ordered by recency.
Sep 12 2022 // The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s ability to fund its invasion of Ukraine, a plan analysts say could work in the long term but might boost oil...
Sep 9 2022 // Toyota Motor Corp. reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose defective fuel pumps could cause engines...
Sep 8 2022 // Federal, state and local investigators in northwest North Dakota are looking into the cause of an oil rig explosion and fire that sent three workers to the hospital.The crew members were taken to a burn center in St. Paul,...
Sep 2 2022 // Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow’s war in Ukraine but keeping crude flowing to avoid price spikes, G7...
Sep 1 2022 // The Italian oil giant Eni SpA said Wednesday that its computer networks were hacked in recent days and that the consequences so far appeared to be minor.“Eni confirms that the internal protection systems have...
Aug 29 2022 // A pipeline operator it has reached a settlement with Southern California tourism companies, fishermen and other businesses that sued after a crude oil spill off the coast last year near Huntington Beach.Amplify Energy...
Aug 19 2022 // A federal appeals court has ruled that a lawsuit filed by Delaware’s attorney general seeking to hold the petroleum industry responsible for climate change effects in the state must be heard in state court instead of...
Aug 15 2022 // The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California last year will pay nearly $1 million in cleanup costs.The Orange County Board of Supervisors agreed...
Aug 11 2022 // An oil spill cleanup is underway at a site where an oil tank platform collapsed in a Louisiana bay, the Coast Guard said.The spill of crude oil occurred at Hilcorp’s Caillou Island facility in Terrebonne Bay,...
Aug 5 2022 // Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow.A cargo of about 700,000 barrels of Russian oil was delivered to Egypt’s El Hamra oil terminal on its...
Aug 3 2022 // The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of Ukraine, unless it heeds a price cap.In a...
Jul 29 2022 // The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California last year will pay nearly $1 million in cleanup costs.The Orange County Board of Supervisors on...
Jul 28 2022 // The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7...
Jul 18 2022 // A Houston dredging company has been ordered to pay a $1 million fine for an oil spill that occurred when a subcontractor cut through an oil pipeline during barrier island restoration work off Louisiana in 2016.Great Lakes...
Jul 14 2022 // One million gallons of oil have been collected since April 2019 from the site of the nation’s longest oil spill, in the Gulf of Mexico off Louisiana, the Coast Guard and National Oceanic and Atmospheric...
Jun 27 2022 // Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping, according to people familiar with the matter.The potential mechanism would only...
Jun 24 2022 // A Houston dredging company has been ordered to pay a $1 million fine for an oil spill that occurred when a subcontractor cut through an oil pipeline during barrier island restoration work off Louisiana in 2016.Great Lakes...
Jun 23 2022 // India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers...
Jun 22 2022 // European officials are skeptical of a U.S. push to set a price cap on Russian oil by potentially easing an EU ban on insurance for the transportation of crude and petroleum products from Russia, according to people...
Jun 21 2022 // Treasury Secretary Janet Yellen said talks are continuing on how the US and its allies might cap the price of Russian oil exports, possibly through a plan that offers exceptions to the European ban on insuring Russian oil...