oil gas industry News

Oil & Gas Companies Seek More Insurance for Claims Linked to Bankruptcies

The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew insurance liability coverage for directors and …

Study Finds Oil, Gas Drilling Causes Pollution, Quakes

A new study by a nonprofit science organization says oil and gas drilling in Texas is linked to pollution and earthquakes. The Academy of Medicine, Engineering and Science of Texas study found drilling for oil and gas in shale rock …