Oil-and-gas producers have a financial incentive to make sure methane doesn't leak from wells and pipelines. Yet the release of methane has become a well-documented global problem—once it joins the atmosphere, it becomes a potent greenhouse gas that's responsible for a quarter of the Earth's extra heat.
BP has been handed a victory after the US Supreme Court pushed back an attempt by shareholders to revive a class action lawsuit against the oil major in relation to the 2010 Gulf of Mexico spill.
Maxwell Drummond International (MDI) has cancelled an event at the annual Offshore Technology Conference (OTC) in Houston after it entered administration last month.
The US Congress is said to be pushing federal pipeline regulators to wrap up reforms which were approved five years ago in response to a number of accidents on oil and natural gas pipelines.
The sharply divided US Senate has passed a comprehensive energy legislation for the first time in nearly a decade, forging a rare bipartisan compromise -- even if the result is far less ambitious than energy packages of years past.
The Obama administration will issue sweeping new regulations on offshore drilling Thursday, imposing potentially costly requirements for those coastal wells and the emergency equipment meant to prevent environmental disasters.
Southern California Gas Co aims to partially restore operations at its crippled Aliso Canyon storage field by late summer following a huge gas leak last year.
MRC Global has won a new maintenance, repair and operations agreement to be a preferred supplier of pipe, valves and fittings products and services to Chervron's operations in the Gulf of Mexico.
Half of the world’s natural World Heritage sites are at risk from harmful industrial activities such as mining, dredging or drilling for oil, a report has warned.
Massachusetts became the latest state investigating whether Exxon Mobil Corp. misled investors and the public about how climate change may affect its business.
World leaders will gather in Washington to discuss how to prevent terrorists getting hold of radioactive material, with the UK set to play a leading role in protecting nuclear facilities from cyber attack.
Towns on the Great Plains are built to withstand tornadoes. Earthquakes are a new thing.
A cluster of central states surrounding Oklahoma now faces the highest risk of earthquakes induced by human activities "such as fluid injection or extraction," according to a short-term seismic forecast by the US Geological Survey.
Commodities including oil and copper are at risk of steep declines as recent advances aren’t fully grounded in improved fundamentals, according to Barclays Plc, which warned that prices may tumble as investors rush for the exits.
Oilrose for the first time in three sessions after the number of active rigs fell in the U.S., potentially easing a supply glut.
Futures advanced as much as 1.1 percent in New York, paring a 4.8 percent loss in the previous two sessions. Rigs targeting oil in the U.S. fell by 15 to 372, according to Baker Hughes Inc. More than 150 have been parked since the start of the year.