Latest Oil Gas Headlines

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

Owner of Blazing Iran Oil Tanker Hopes Crew Alive in Engine Room

Jan 11 2018 // The crew of an Iranian oil tanker set ablaze at the weekend following a collision could still be alive, the vessel’s owner said, calling on the Chinese authorities working at the scene to prioritize a rescue...

New York Sues Fossil Fuel Majors, Plans Divestment from Pension Funds

Jan 11 2018 // New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil fuel...

Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions

Jan 11 2018 // The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week of an Iranian oil tanker and a Chinese cargo ship, sources say.The tanker Sanchi, carrying...

Iranian Oil Tanker Continues to Burn in East China Sea; No Large Scale Spill Expected

Jan 10 2018 // The stricken Iranian oil tanker in the East China Sea could burn for as long as one month, South Korea’s Ministry of Oceans and Fisheries told Reuters on Wednesday, as the blaze raged for a fourth day following a...

Update: High Winds, Toxic Gases Hinder Efforts to Douse Iranian Oil Tanker Fire

Jan 9 2018 // Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past...

Fire Rages on Iranian Oil Tanker After Collision in East China Sea; Crew Missing

Jan 8 2018 // Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China’s east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the body of one of the 32...

Trump Administration Seeks to Ease Offshore Drilling Safety Rules

Dec 29 2017 // The U.S. Interior Department on Thursday proposed eliminating some safety regulations for offshore oil and gas drilling that the Obama administration put in place after BP’s massive Gulf of Mexico oil spill, a move...

Oil Company Destroyed by Fire in International Falls, Minnesota

Dec 20 2017 // A massive fire in northern Minnesota has destroyed a heating oil and fuel company near the Canadian border. Rainy Lake Oil Co. erupted in huge balls of fire fueled by eight or nine tanks inside the company’s...

A.M. Best Upgrades Outlooks for Petroleum Marketers Management Insurance

Dec 13 2017 // A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating A- (Excellent) and the Long-Term Issuer Credit Rating “a-” of Des Moines, Iowa-based Petroleum Marketers...

Judge Orders Creation of Spill Response Plan for Dakota Access Pipeline

Dec 6 2017 // A federal has judge ordered Energy Transfer Partners LP to coordinate with local tribes and the Army Corps of Engineers to create an oil-spill response plan for the controversial Dakota Access Pipeline by next April, a...

Exxon Takes Climate-Change Probe Fight to Massachusetts Top Court

Dec 6 2017 // Exxon Mobil Corp urged Massachusetts’ top court on Tuesday to block the state’s attorney general from obtaining records to investigate whether the company for decades concealed its knowledge of the role fossil...

New Sensors Tracking Earthquakes Across Texas

Nov 29 2017 // Note: This article originally appeared in The Texas Tribune.Three years ago, a series of quakes rattled North Texas — and some residents’ nerves. Larry Walden, a Parker County commissioner, remembers a public...

Michigan, Enbridge Reach Deal to Boost Pipeline Safety

Nov 29 2017 // Michigan Gov. Rick Snyder and Canadian oil transport company Enbridge Inc. announced a timeline for determining the future of twin pipelines beneath the channel where Lakes Huron and Michigan converge.Options include...

Supreme Court Conservative Justices Raise Doubts About U.S. Patent Review Process

Nov 28 2017 // U.S. Supreme Court justices on Monday appeared divided over whether a federal agency’s in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that...

Testimony: Former Oklahoma Seismologist Felt Pressured not to Link Quakes, Oil and Gas

Nov 16 2017 // Oklahoma’s former lead seismologist says he felt pressured by an official at the University of Oklahoma to not link the state’s surge in earthquakes to oil and gas production.The Tulsa World reports that Austin...

Coast Guard: 2 Workers Injured in Fire on Oil Platform off Louisiana Coast

Nov 9 2017 // Two workers were injured when a fire broke out on an oil production platform in the Gulf of Mexico early Wednesday, according to a Coast Guard spokeswoman.Coast Guard Petty Officer Lexie Preston said 46 workers were...

Company Wants More Time to Settle Suit Over 13-Year-Old Oil Leak in Gulf

Nov 6 2017 // A New Orleans-based company that has failed to stop a 13-year-old oil leak in the Gulf of Mexico is asking for more time to negotiate a settlement that could allow it to recover millions of dollars it set aside for work to...

Despite Earthquake Risk, UK Ready to Begin Fracking – Again

Nov 6 2017 // Six years after Britain’s first fracking operation was stymied by earth tremors, its shale gas industry is poised to try again with a technology that could transform the UK gas market and drastically reduce its...

Study Links Colorado, New Mexico Quakes to Oil and Gas Fluid Injections

Oct 26 2017 // A rash of earthquakes in southern Colorado and northern New Mexico between 2008 and 2010 was likely due to fluids pumped deep underground during oil and gas wastewater disposal, according to a study from Colorado...

In ‘Energy City’ USA, Hurricane Harvey’s Fury Lingers

Oct 19 2017 // It took five weeks for the largest U.S. oil refinery to get back to normal after Hurricane Harvey.It’s taking Port Arthur, Texas, a lot longer. Nearly two months after Harvey inundated Port Arthur, a crucial hub of...