Latest Oil Gas Headlines

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

Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks

Oct 22 2019 // Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business.The trial, expected to begin...

AXIS Capital Sets Clean Energy Policy Designed to Reduce Climate Risks

Oct 17 2019 // AXIS Capital Holdings Ltd. won’t insure, invest in or provide insurance or reinsurance for new coal plants or oil pipelines as part of an initiative designed to reduce climate risks and support the switch to...

California Fuel Tank Fire Contained, Ending Order for Residents to Take Shelter

Oct 16 2019 // A fire at a San Francisco-area fuel terminal is contained after spewing black smoke high in the air, snarling rush-hour traffic and prompting officials to ask residents to take shelter.Authorities are working to assess any...

Iranian Oil Tanker Struck, Probably by Missiles: Iran Media

Oct 11 2019 // An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on...

Alaska Supreme Court Will Hear Youth’s Climate Change Lawsuit

Oct 10 2019 // The Alaska Supreme Court will hear arguments this week in a lawsuit that claims state policy on fossil fuels is harming the constitutional right of young Alaskans to a safe climate.Sixteen Alaska youths in 2017 sued the...

Shell Units Sued in U.K. over Massive Nigerian Oil Spill in 2011

Oct 9 2019 // Two Royal Dutch Shell Plc units were sued over their involvement in one of the largest oil spills in Nigeria’s history.Shell Nigeria Exploration & Production Co. and Shell International Trading & Shipping Co....

Norway’s Equinor Still Gauging Extent of Oil Spill at Bahamas Terminal After Dorian

Oct 8 2019 // Norway’s Equinor is still assessing the devastation and level of pollution at its oil terminal in the Bahamas, one month after a massive hurricane swept through the region, the company told Reuters on Friday [Sept....

South Dakota Regulators Want Bigger Bonds from Oil, Gas Drillers

Sep 30 2019 // State regulators will ask the Legislature to require bigger financial guarantees for oil and gas wells in response to a failed 40-well natural gas project in northwest South Dakota.Under current state law, drillers of...

Freeport McMoRan to Pay $100M in First Settlement in Louisiana Coastal Damage Suits

Sep 30 2019 // Lawyers representing coastal Louisiana parishes have negotiated their first settlement with one of the oil and gas companies accused of damaging the state’s coast.The settlement is with Freeport McMoRan Inc. and its...

Oil from Capsized Cargo Ship Found Along Georgia Coast

Sep 26 2019 // Authorities say oil from an overturned cargo ship has reached several parts of Georgia’s shoreline, leaving a sheen in marshes and oiled debris on beaches. State and federal authorities overseeing the cleanup say...

Damaged Barge Removed After Spilling 117K Gallons of Oil in Mississippi Waterway

Sep 19 2019 // Crews have removed a damaged barge that spilled oil from Tennessee-Tombigbee Waterway in northeast Mississippi.U.S. Coast Guard Lt. David Schneider tells WTVA-TV that the Jamie Whitten Lock remains closed as cleanup...

Experts Not Worried About Saudi-Like Drone Attack Knocking Out U.S. Oil Production

Sep 17 2019 // The style of attack used against oil plants in Saudi Arabia that knocked out half of the country’s production on Saturday is unlikely to be a risk in the United States, energy and security experts say.“The U.S....

Oil Industry’s $50B in New Projects Conflict with Paris Climate Goals: Think Tank

Sep 16 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a recent...

Oil Industry’s $50 Billion in New Projects Conflict with Paris Climate Goals: Think Tank

Sep 6 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report...

BP North America Fined $71K for 2018 Diesel Fuel Spill in Iowa

Sep 5 2019 // The U.S. Environmental Protection Agency says BP North America must pay a fine of more than $71,000 for a diesel spill last year in northeast Iowa.The EPA said the fine is for violations of the Clean Water Act. BP owns a...

Barge Collapse in Tennessee River Leads to Oil Spill

Aug 29 2019 // Officials in Chattanooga say a truck and crane went to the bottom of the Tennessee River when the barge they were sitting on collapsed. News outlets report the crane was mounted on the truck that fell into the river when...

Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack

Aug 27 2019 // An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back in service in the fourth quarter after repairs, vessel owner Frontline said on Tuesday.Images of the product tanker Front Altair...

Retreat as an Answer to Climate Change?

Aug 22 2019 // Think retreat is never an option? Think again.“Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving...

Industry Flexes Political Muscle in States to Criminalize Aggressive Pipeline Protests

Aug 20 2019 // After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from...

Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline

Aug 8 2019 // A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from...