oil and gas industry News

Biden Administration Tightens Offshore Oil Rig Safety Rules Loosened Under Trump

The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration policies and returning to a more stringent regulatory stance adopted after the 2010 …

Texas Supreme Ct.: Exxon Covered by Contractor’s Excess Insurers

Two excess insurers may be liable for the more than $20 million that ExxonMobil Corp. paid to settle lawsuits filed by a contractor’s employees who were badly burned while working at an Exxon refinery, the Texas Supreme Court ruled. The …

Investigators in West Texas Following 5.4 Earthquake

MIDLAND, Texas (AP) — The Texas Railroad Commission, which oversees the state’s oil and gas industry, on Saturday sent investigators to west Texas following a 5.4 magnitude earthquake near Midland. “RRC inspectors will be examining disposal activity at injection well …

As Ida-Hit Port Fourchon Rebuilds, Disappearing Wetlands Threaten its Future

PORT FOURCHON, Louisiana — On Louisiana’s south coast, in a key port servicing the U.S. offshore oil industry, a huge shipyard sits idle and in tatters. Where parts of the nine-bay terminal’s roof once hung, only a tangle of twisted …

Chevron Spills 800,000 Gallons of Oil, Water in California

SACRAMENTO, Calif. — Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less devastating — than the state’s last two major …