Oil and gas operators face continued liability for decommissioning costs after a failed $11.2 million recovery bid.
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Should insurance companies be allowed to recover cleanup costs from previous lease owners?
October 6, 2026
US Toluene Prices Rose $3.50 Amid Refinery DisruptionsIndustrial users and gasoline blenders face higher costs as refinery maintenance and shifts in output tighten aromatic supplies.
October 6, 2026
CEO Warned Diesel Export Ban Could Raise Fuel CostsBusiness owners should assess their exposure to domestic fuel price volatility if federal export restrictions are implemented.
October 5, 2026
Interior Department Missed Offshore Drilling DeadlineEnergy operators face further regulatory uncertainty as the agency stalls on replacing the offshore drilling program.
October 5, 2026
Centalion Expanded Gulf Coast Gas HoldingsThe acquisition of Haynesville and Bossier assets adds 300 million cubic feet per day of natural gas production.
October 5, 2026
Wood Mackenzie Released Microsoft Copilot PluginThe integration allows energy operators to pull proprietary research into AI workflows via natural-language prompts.
October 5, 2026
Supreme Court Heard Arguments in Climate Liability CaseOil and gas companies face ongoing litigation that could shift how businesses are held liable for local climate-related damages.
October 4, 2026
U.S. Refinery Capacity Dropped in 2025Large refinery closures in Houston and Los Angeles reduced domestic processing capacity for fuel and oil products.
October 3, 2026
Kathairos Reached 1 Million Ton Emission Reduction MilestoneThe firm now services 60 operators by using liquid nitrogen to replace methane-venting pneumatic controllers.
October 3, 2026
Proposed Legislation Shifted Orphaned Well CostsNew legislation requires oil and gas companies to fund the total cleanup of their abandoned wells on public lands.
October 2, 2026
Oil Release Aimed to Ease Energy Costs for FarmersFarmers facing an 87% surge in input costs may see relief as the U.S. taps national reserves.
