All the headlines from our Oil Gas Topic Page, ordered by recency.
May 9 2022 // The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a key shipping provision that will hinder Moscow’s ability to export its crude.The...
May 4 2022 // State officials officials say a pair of blizzards that smacked North Dakota in April caused a dramatic reduction in oil production. The Bismarck Tribune reported that State Mineral Resources Director Lynn Helms provided...
May 4 2022 // The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair Moscow’s ability to ship its oil anywhere in the world.The bloc is proposing to...
May 3 2022 // Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of efforts to align its underwriting policies with the world’s climate goal, the company said on...
Apr 28 2022 // India’s Oil and Natural Gas Corp. (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from Russia’s Far East, in a growing sign that complex trades involving one of Moscow’s biggest...
Apr 27 2022 // A group of Democratic lawmakers, mostly members of the Congressional Progressive Caucus, have asked some of the nation’s biggest insurance companies to stop underwriting new fossil fuel projects that contribute to...
Apr 26 2022 // An investor-led push for major oil companies to set climate goals in line with the Paris agreement won support from a key proxy advisory firm for the first time, setting up a showdown at upcoming shareholder...
Apr 19 2022 // Environmental cleanup is underway following a fire at a gas station in Medford, Oregon.The Oregon Department of Environmental Quality said that over 12,000 gallons of various petroleum products, mostly lube oil, were...
Apr 19 2022 // Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on...
Apr 19 2022 // Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine.Earlier this month, the EU banned...
Apr 18 2022 // California Insurance Commissioner Ricardo Lara on Monday issued a new report and webpage detailing insurer investments in fossil fuels.The report is a study of fossil fuel investments by insurers, identifying insurance...
Apr 14 2022 // Major global trading houses are planning to reduce crude and fuel purchases from Russia’s state-controlled oil companies as early as May 15, sources said, to avoid falling foul of European Union sanctions on...
Apr 8 2022 // Big oil firms totally failed to make a federal case in their defense of a lawsuit seeking to hold them accountable for damages caused by climate change.The city of Baltimore won its fight to have its climate change lawsuit...
Mar 31 2022 // Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its contention that safety is at stake in its acrimonious legal dispute with the planemaker.In documents...
Mar 25 2022 // U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.The announcement was...
Mar 21 2022 // Norway’s Equinor has shut its Snorre B oil platform as a precautionary measure following an earthquake in the North Sea, although no damage has been reported so far, the company said on Monday.It was not yet clear...
Mar 18 2022 // Swiss Re, the world’s second biggest reinsurer, said it would increase the number of oil and gas producers for which it refuses cover, following mounting pressure on big business to help the drive to curb a global...
Mar 15 2022 // The state of Colorado’s oil regulator this week rejected a request by Occidental Petroleum Corp. to drill new oil and gas wells roughly 800 feet away from homes, in a test of a new rule that sets a wide berth between...
Mar 9 2022 // A Texas oil pipeline billionaire is suing Beto O’Rourke for defamation after the Democrat criticized his $1 million donation to Republican Gov. Greg Abbott’s campaign following last year’s deadly winter...
Mar 7 2022 // A group of environmental organizations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it of misleading consumers about its efforts to fight climate change.The...