Latest Oil Gas Headlines

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

3 Oil Companies Settle in Class-Action Suit over Oklahoma Earthquakes

Dec 4 2018 // Three oil companies have reached a settlement with plaintiffs in a class-action lawsuit over damaging earthquakes in central Oklahoma.The companies — Spess Oil Co., Equal Energy US Inc. and Fairfield Oil and Gas Corp....

Texas’ Murex Petroleum to Pay $50K to Settle Race Harassment Suit

Nov 26 2018 // A Texas-based oil and gas company will pay $50,000 to settle a racial harassment lawsuit involving a black employee in North Dakota.The U.S. Equal Employment Opportunity Commission announced the settlement Wednesday with...

Louisiana to Get Another $164 Million in BP Oil Spill Restoration Grants

Nov 21 2018 // Louisiana is getting $161.4 million in restoration grants from the 2010 BP Gulf of Mexico oil spill to restore two barrier islands and a headland in the Terrebonne Basin.The work will restore Timbalier and Trinity islands,...

North Dakota Oil Industry Pushing to Loosen Crude Oil Safety Rules

Nov 19 2018 // North Dakota oil industry leaders are pushing to loosen the state’s oil conditioning regulations, but an environmental group is arguing to tighten rules.The North Dakota Industrial Commission is considering changing...

Carbon Copies of Flo, Jake, Gecko Join Climate Change Protest at NAIC Meeting

Nov 15 2018 // An angry Flo, an unusually sullen Jake, a less-than cheeky Gecko and a hawkish duck stood outside the National Association of Insurance Commissioners meeting in San Francisco on Thursday in protest to call out the industry...

Uranium Leaking into Water from South Carolina Fuel Plant

Nov 13 2018 // Federal regulators say tests shows uranium levels exceeding safe drinking water standards have been found at two locations at a nuclear fuel plant that has leaked in South Carolina.The State newspaper reported the Nuclear...

Earthquake Prompts Shut Down of Well Completion Site in Oklahoma

Nov 6 2018 // State oil and gas regulators in Oklahoma have ordered the indefinite shutdown hydraulic fracturing operations at a well site after an earthquake struck nearby.The 3.3 magnitude quake was reported Sunday night near Bridge...

U.S. Reimposes Iranian Sanctions, Hitting Insurance, Shipping, Energy, Banking

Nov 5 2018 // The U.S. reimposed sanctions on Iran’s critical oil industry Monday, raising pressure on the Islamic Republic to scale back its ballistic missile program and involvement in conflicts across the Middle East.The...

Climate Change Impact Assessment Looks at Risk, Readiness Around U.S.

Oct 25 2018 // Low risk, but low readiness.That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not...

Families Await Justice in North Dakota Oilfield Workplace Lawsuits

Oct 25 2018 // Brenda Austin was worried when her son, Casey, told her he planned to work in North Dakota’s Bakken oilfield in early 2013.“Don’t worry. I’ll be in a safe spot,” he told her when he left their...

South Texas Sees Resurgence in Eagle Ford Shale Drilling

Oct 24 2018 // Three years ago, Allen Startz found himself in an unwanted kinship with thousands of other oilfield workers in South Texas’ Eagle Ford shale — laid off with few prospects nearby.The Houston Chronicle reports he...

Judge Rules Government, Not President, Can Be Sued Over Climate Change

Oct 16 2018 // A group of young Americans suing the federal government over lack of action to fight climate change can proceed with their lawsuit, but U.S. President Donald Trump cannot be named as a defendant, a federal judge ruled on...

Let Them Amaze You!

Oct 15 2018 // It’s not the largest of agencies and it’s certainly not located in the largest of cities, but Bryan Insurance Agency (BIA) in Graham, Texas, (population around 9,000) is a very big deal to the people who work...

The IPCC Climate Change Report and Implications for Insurers

Oct 11 2018 // A report out earlier this week from the Intergovernmental Panel on Climate Change doesn’t say a whole lot about insurance, but the implications for the industry are hard to ignore.Chief among those implications is...

Update: Hurricane Michael Could Bring 12 Ft. Storm Surge to Panhandle Wednesday

Oct 9 2018 // Michael is forecast to become the second hurricane to make landfall in the U.S. in a month as it heads toward Florida with winds of 90 miles per hour.The fast-moving storm has already sent cotton prices to a one-week high...

Worldwide Facilities, Petro Guardian to Offer Lightning Risk Product to Oil & Gas Industry

Oct 2 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has partnered with Petro Guardian, a lightning and static protection installation service provider for oil and gas facilities, to...

After 5 Years and Nearly $100M, Huge North Dakota Oil Spill Finally Cleaned Up

Oct 1 2018 // Five years and almost $100 million later, cleanup is complete on a massive oil pipeline leak in North Dakota that has been called one of the biggest onshore spills in U.S. history, industry and state officials said.The...

Businesses Should Prepare for Consequences of Climate Change, Zurich Says

Sep 27 2018 // Businesses should prepare for the physical consequences of a warming planet, according to a new report out from Zurich Insurance Group.The report, “Managing the impacts of climate change: risk management...

Worldwide Facilities, Petro Guardian Offer Oil, Gas Lightning Risk Program

Sep 27 2018 // National wholesale insurance brokerage and managing general agent, Worldwide Facilities, is teaming up with Petro Guardian, a turnkey lightning and static protection installation service provider for oil and gas...

Major Oil and Gas Firms Pledge to Cut Greenhouse Gases to Fight Climate Change

Sep 25 2018 // A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change.The Oil and Gas Climate Initiative (OGCI),...