Latest Oil Gas Headlines

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

Sept. 11 Victims Seek Seizure of Iran Oil From U.S.-Owned Tanker

Mar 4 2022 // Victims of the Sept. 11, 2001, attacks asked a U.S. judge to order the seizure of Iranian crude oil from a tanker owned by an American private equity firm, to help satisfy a $3.61 billion judgment against Iran over the...

Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers

Mar 3 2022 // A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with a narrowing window to adapt to it, is garnering a lot of reaction.The IPCC...

U.S. Senators Grill Regulators Over Climate Policy on Natural Gas Projects

Mar 3 2022 // Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new natural gas projects that allow consideration of environmental justice, landowner and...

Oil Company Sues Over California Underwater Pipeline Leak

Mar 2 2022 // A Houston-based oil company on Feb. 28 sued two container ship operators and an organization that helps oversee marine traffic, saying they failed to prevent last fall’s underwater pipeline leak off the Southern...

Aging Oil-Storage Ships Pose Safety, Environmental Risks Around the World

Feb 23 2022 // The decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar vintage dotted...

Climate Change Could Push Flood Losses in U.S. to $40B by 2050

Feb 17 2022 // Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by 2050, according to new research.The research, led by the University of Bristol and published in Nature Climate...

Gasoline Tanker Crashing Into Long Island Building Causes Major Blaze, Fuel Spill

Feb 17 2022 // ROCKVILLE CENTRE, N.Y. — A tanker carrying 9,200 gallons (34,825 liters) of gasoline overturned, crashed into a vacant building and burst into flames on Long Island early Wednesday, shutting down traffic for hours and...

French Insurer CNP to Stop Financing New Oil/Gas Projects to Help Limit Global Warming

Feb 17 2022 // France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling...

SEC Fines Iowa Insurance Agent $112,000 For Oil, Gas Investments

Feb 11 2022 // The U.S. Securities and Exchange Commission has fined a Bettendorf, Iowa insurance agent nearly $112,000 for selling unregistered securities tied to oil wells in Texas.The agency said in filings that Cody Christopher...

Earthquakes in Texas Doubled in 2021. Scientists Cite Years of Oil Companies Injecting Sludgy Water Underground.

Feb 9 2022 // MIDLAND — One local said it sounded like a pickup truck had rammed into the side of their house. Another said it sounded like the air conditioner fell off the roof. A third compared the experience to getting off of a...

Oil Production Vessel Explodes Off Coast of Nigeria

Feb 3 2022 // An oil production ship exploded off the coast of Nigeria in what may prove to be the nation’s second major environmental setback in three months.The Trinity Spirit, able to store about 2 million barrels of oil, blew...

Hackers Target Key Fuel-Distribution Firms in Europe

Feb 3 2022 // Europe’s fuel-supply network fell victim to a cyberattack — less than a year after the biggest refined petroleum pipeline in the U.S. was halted by a hack.The situation was serious “but not grave,”...

U.S. Offers States $1.15B to Clean Up Abandoned Oil and Gas Wells

Feb 1 2022 // The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and...

Oklahoma Oil Tank Battery Explosion and Fire Injures 2

Jan 26 2022 // Two workers were injured Jan. 24 in an explosion and fire at a central Oklahoma oil tank battery, officials said.The incident happened shortly before 2 p.m. at a Devon Energy oil well pad in Okarche, Oklahoma, about 35...

California Bill Would Require Insurers to Disclose Fossil Fuel Dealings

Jan 25 2022 // California Assemblyman Marc Levine (D-Marin County) on Tuesday introduced a bill to require insurance companies operating in California to disclose investments in fossil fuel-related entities as well as the fossil...

UAE Bans Flying of Recreational Drones After Fatal Attack on Oil Facility

Jan 25 2022 // DUBAI, United Arab Emirates (AP) – The United Arab Emirates has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major...

Two Oil Tankers Lose Safety Certification Over Claims They Violated Iran Sanctions

Jan 21 2022 // Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil,...

Shell Appeals $2 Billion Court Judgment in Nigerian Oil-Spill Case

Jan 21 2022 // A Nigerian court will hear Royal Dutch Shell Plc’s appeal to overturn an almost $2 billion award against the company for allegedly spilling oil in the West African country.The energy giant is challenging a November...

Appeals Court Clears The Hartford on Most BP Oil Spill Cleanup Workers’ Injury Claims

Jan 20 2022 // Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided...

Oil Spill Caused by Massive Waves From Tonga Is ‘Ecological Disaster’ for Peru

Jan 20 2022 // An oil spill at a refinery in Peru during high waves caused by the explosion last weekend of a volcano in Tonga is an “ecological disaster,” the Peruvian government said on Wednesday.The foreign ministry said...