Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oil-Sands Capital of Canada Now Grappling With Second Wildfire
May 16 2024 // The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3...
Update: Wildfire Threat to Oil-Sands Capital Expected to Ease as Winds Shift
May 15 2024 // The threat of a wildfire bearing down on the unofficial capital of Canada’s oil-sands industry is expected to lessen as temperatures cool and winds shift, though the prospect of rains dousing the flames entirely...
Russian Certifier Steps in After India Drops Safety Cover for Sanctioned Oil Tankers
May 13 2024 // India’s ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions, according to its website, with the vessels instead turning to a domestic...
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure
May 9 2024 // Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California. The Chevron-chartered tanker...
Markets/Coverages: FM Global Names Leadership for New Renewable Energy Unit
May 9 2024 // Commercial property insurer FM Global announced the launch of a renewable energy unit to help clients in the transition to alternative energy through research and innovation, and to support the overall advancement of the...
Oil Majors Offered Faster Nigerian Exit if They Pay for Cleanup, Compensation
May 6 2024 // Major oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame,...
Pennsylvania High Court to Decide If Workers’ Compensation Covers CBD Oil
May 3 2024 // A veteran Pennsylvania workers’ compensation attorney will soon have a chance to argue before the Pennsylvania Supreme Court that his own use of cannabinoid oil (CBD oil) is covered by workers’...
Missiles Fired by Yemen’s Houthi Rebels Damage Panama-Flagged Oil Tanker in Red Sea
Apr 30 2024 // Ballistic missiles fired by Yemen’s Houthi rebels caused “minor damage” to a Panama-flagged oil tanker traveling through the Red Sea on Friday [April 26], authorities said. The attack follows an uptick in...
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable
Apr 30 2024 // A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct criticisms yet of measures...
Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance
Apr 29 2024 // A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a stark example of how there’s little clarity about who would pay the bill if...
Wildfires in Canada’s Oil Sands Region Prompts Evacuation Orders
Apr 23 2024 // Wildfires erupted across Canada’s main oil producing province of Alberta and an evacuation order was issued as the region braces for a repeat of last year’s unprecedented season. Members of the indigenous first...
Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing
Apr 22 2024 // When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — and tens of thousands of ordinary people...
‘Zombie Fires’ Smoldering Near Oil and Gas Wells Threaten Canada’s Drillers
Apr 16 2024 // Leftover blazes from last year’s record wildfire season in Canada are threatening to knock out almost 3% of the country’s natural gas production. A total of 50 so-called zombie fires still smoldering beneath...
NHTSA Opens Investigation Into Recall of Certain Ford SUVs Over Fuel Leaks
Apr 12 2024 // The National Highway Traffic Safety Administration (NHTSA) said on Friday it was opening an investigation into the recall of 42,652 Ford SUVs over concerns of a fuel leak that could lead to fire hazards. The NHTSA’s...
Climate Verdict for Swiss Women a Warning for European States, Oil Industry
Apr 12 2024 // Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the...
Applied Surety Underwriters Buys Majority of Argo’s In-Force Coal, Oil, Gas, Mining Biz
Apr 5 2024 // Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters’ United Risk division, announced it will acquire the majority of Argo Surety group’s in-force coal, oil, gas, and mining business. ASU...
Utility Company Skips Texas Panhandle Wildfire Hearings
Apr 4 2024 // AMPA — A company hired to inspect utility poles in the Panhandle declined to testify before Texas lawmakers Wednesday, as part of the state’s inquiry into the Smokehouse Creek fire — the largest wildfire in state...
States Eye Requiring Fossil Fuel Companies to Pay for Some Climate Change Damage
Apr 3 2024 // The Vermont Legislature is advancing legislation requiring big fossil fuel companies pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme...
Pennsylvania County Suing Oil Industry Over Climate Change
Apr 2 2024 // A large suburban Philadelphia county has joined dozens of other local governments around the country in suing the oil industry, asserting that major oil producers systematically deceived the public about their role in...
Russia’s Oil Is Finally Getting Snarled by Sanctions
Mar 25 2024 // The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil refiners — Moscow’s second-biggest customers after China since the 2022 invasion —...
