Latest Oil Gas Headlines

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

Survey: Natural Gas Production in West Virginia Surpassing Expectations

Jan 28 2016 // A single Ohio County, West Virginia Marcellus Shale well yielded enough natural gas in 2014 to provide electricity for 24,315 homes, according to new numbers released by the West Virginia Geological & Economic...

Exxon: Oil & Gas to Will Continue Dominate Energy Sector for Decades

Jan 27 2016 // The way Texas-based oil giant Exxon Mobil sees it, the global energy landscape won’t be radically different in 2040 than it is today.Oil and gas will remain king, accounting for an even slightly larger share of the...

Insurance Placement Difficulties Delay Iranian Crude Exports to Europe

Jan 27 2016 // Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said on Tuesday.A nuclear deal between world powers...

California Gas Leak Follows Years of Lax Regulation of Aging Storage Wells

Jan 25 2016 // Long before a natural gas storage well sprung a disastrous leak near Los Angeles, Calif., utilities and national industry groups were raising alarms about the danger of aging underground storage infrastructure.The leaking...

Workplace Deaths Down in North Dakota Oil Patch

Jan 25 2016 // The number of work-related deaths in the North Dakota oil patch in 2015 dropped from the previous year.Occupational Safety and Health Administration data show three such fatalities last year, down from seven in 2014 and 10...

Earthquakes and Resulting Lawsuits Persist in Oklahoma

Jan 25 2016 // A group of Edmond residents filed a lawsuit on Jan. 11 against 12 energy companies, claiming that their saltwater disposal wells were partly to blame for earthquakes in central Oklahoma.The lawsuit seeks a permanent...

Oklahoma Officials Avoid Tough Measures Despite More, Stronger Quakes

Jan 20 2016 // In Oklahoma, now the country’s earthquake capital, people are talking nervously about the big one as man-made quakes get stronger, more frequent and closer to major population centers. Next door in Kansas,...

Marine Insurers Cautious About Re-Entering Iran, Despite Lifting of Sanctions

Jan 19 2016 // Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has...

Factbox – International Firms Rush to Establish Position in Iran as Sanctions Lift

Jan 19 2016 // Major international companies are rushing to establish a position in Iran as the Islamic Republic re-opens for business after the lifting of international sanctions.Up for grabs is access to a market with 80 million people...

Hundreds of Oklahomans Turn Out for Earthquake Hearing

Jan 19 2016 // Oklahoma residents concerned with a dramatic increase in the number of earthquakes called for more regulations on the oil and gas industry on Jan. 15 and urged state leaders to take action to stop the quakes.About 200...

Workplace Deaths Down in North Dakota Oil Patch

Jan 15 2016 // The number of work-related deaths in the North Dakota oil patch in 2015 dropped from the previous year.Occupational Safety and Health Administration data show three such fatalities last year, down from seven in 2014 and 10...

Changing Oil & Gas Industry Delivers New Risks, New Challenges

Jan 11 2016 // Editor’s Note: This is the first article in a three-part series on the oil and gas industry. The second article will address new and emerging claims trends and the third article will address the emerging risks...

Its Own Scientists Question EPA Claim Fracking Is Safe for Drinking Water

Jan 7 2016 // A landmark study by the U.S. Environmental Protection Agency that concluded fracking causes no widespread harm to drinking water is coming under fire — this time, from the agency’s own science advisers.The...

Oklahoma Orders Reduction in Wastewater Disposal after Quakes

Jan 6 2016 // The state commission that regulates Oklahoma’s oil and natural gas industry on Jan. 4 ordered some injection well operators to reduce wastewater disposal volumes after at least a dozen earthquakes hit an area north...

Deadly Floods Disrupting Agriculture, Commercial Operations in U.S. Midwest

Jan 3 2016 // Deadly flooding across the U.S. Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close.The floods have killed at least 30 people and shut hundreds of roads...

Tennessee Files $18M Suit Against Chevron Over Oil Spill Cleanup Funds

Jan 3 2016 // The Tennessee attorney general is accusing Chevron of fraudulently siphoning more than $18 million over a period of about 30 years from a cleanup fund that people contribute to every time they fill up at the pump.The...

Fierce North Sea Storm Forces Oil Rig Evacuations; Worker Killed

Dec 31 2015 // A fierce storm in the North Sea forced oil firms to evacuate platforms and shut down production on Thursday on concerns that they could be hit by a drifting barge that had broken its anchor.The strong winds had ripped the...

California T Ferraris Recalled Over Possible Fuel Leaks

Dec 28 2015 // Ferrari North America Inc. recalled the 2016 California T convertibles it made over a two-month period this year because of the risk of fuel leaks. The California Ts produced between Sept. 8 and Nov. 11 may have a...

Lac Megantic Train Crash Victims’ Fund to Begin Payments without CP Rail

Dec 23 2015 // A C$460 million (US$330.46 million) settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pacific Railway Ltd [CP], the monitor...

U.S. Spending Bill to End Oil Export Ban

Dec 21 2015 // The Senate passed the bill 65-33 on Friday, shortly after a 316-113 House vote. The legislation, which will finance the government through September 2016, goes to President Barack Obama, who plans to sign...