Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Exxon Says 40 Montana Properties Damaged by Oil Spill
Jul 7 2011 // About 40 Montana landowners have reported contamination of their property by crude oil spilled from a ruptured Exxon Mobil pipeline into the flood-swollen Yellowstone River over the weekend, the company said Wednesday. As...
Pirates Attack Oil Tanker off Yemen, Crew Safe
Jul 6 2011 // Pirates fired a rocket-propelled grenade (RPG) into a fuel oil tanker near the Yemeni port of Aden on Wednesday morning, but the vessel and its cargo were recovered, the ship manager said. The 26 crew members on board the...
Feds to Require Safety Plan for Restart of Exxon’s Montana Pipeline
Jul 6 2011 // U.S. pipeline safety regulators on Tuesday said Exxon Mobil must make fixes to its ruptured Montana oil pipeline and submit a restart plan before oil can flow again. The U.S. Transportation Department’s Pipeline and...
Exxon Spill on Yellowstone River Disrupts Montana Ranches
Jul 6 2011 // Environmental officials scrambled Tuesday to assess the extent of contamination from a weekend oil spill that has fouled water supplies and ranch lands along a scenic and otherwise pristine stretch of the Yellowstone River...
Exxon Claims Mont. Oil Spill Damage Limited, Gov. Doubtful
Jul 5 2011 // An oil pipeline that spewed tens of thousands of gallons of crude oil into Montana’s Yellowstone River was temporarily shut down in May because of concerns over rising waters, and regulators last year warned Exxon...
U.S. Wary of Possible Cuba Oil Spill
Jul 5 2011 // With Cuba preparing to explore for oil 60 miles from Florida, the complicated politics of U.S.-Cuba relations are impeding U.S. efforts to get ready in case of a BP-style accident, analysts and oil experts said. The Obama...
Montana Reviewing Pipeline Safety Following Exxon Spill
Jul 5 2011 // Montana Governor Brian Schweitzer Monday said authorities will review safety of all oil and gas pipelines that cross waterways in the state and close those that did not meet standards. “We’ll make the decision...
Gulf Oil Spill Claims Fund Too Slow: U.S. Attorney General
Jul 1 2011 // The fund oil firm BP set up to deal with compensation claims after last year’s Gulf of Mexico oil spill is working too slowly, U.S. Attorney General Eric Holder said Thursday. The fund is not sufficiently transparent...
Season’s First Atlantic Storm Powers Toward Mexico
Jun 29 2011 // Arlene, the first tropical storm of the North Atlantic hurricane season, churned through the southwestern Gulf of Mexico Tuesday but looked set to spare Mexico’s oilfields from a direct hit. The storm had maximum...
Transocean Report Pins Gulf Oil Spill Blame on BP
Jun 22 2011 // Transocean Ltd , the owner of the oil drilling rig that exploded and sank in the Gulf of Mexico last year, blamed BP Plcin a report released Wednesday for decisions that led to the disastrous oil spill. Transocean and BP...
BP Reaches Deal with Weatherford Over Gulf Oil Spill Costs
Jun 21 2011 // BP has reached agreement with Weatherford U.S., L.P. to settle potential claims between the companies related to the Deepwater Horizon accident. Under the agreement, Weatherford, which manufactured the float collar used in...
Transocean Talking With BP Over Gulf Oil Spill
May 25 2011 // Transocean Ltd has had high-level talks with BP Plc about last year’s Gulf of Mexico oil well disaster, for which it believes BP is responsible for the damages, an executive said Tuesday. Asked about last...
Arctic Nations Step up Cooperation on Safety, Oil Spills
May 13 2011 // Arctic nations agreed on Thursday to improve cooperation including on preventing oil spills as a thaw of ice and snow opens access to the remote region’s rich mineral and petroleum resources. The Arctic Council,...
Chevron, Ecuadoreans Spar over Halted Damage Award
May 11 2011 // Lawyers for Ecuadorean villagers who sued Chevron Corp over pollution in the Amazon rain forest asked a U.S. appeals panel Tuesday to modify a court order that halted enforcement of an $8.6 billion award against the oil...
Best Revises Outlook on BP’s Jupiter to Stable; Affirms Ratings
May 10 2011 // A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of...
Arctic Nations Meet to Chart Future of World’s Final Frontier
May 10 2011 // Leaders of Arctic nations will gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world’s fragile final...
Louisiana Seeks Large Share of Oil Spill Liability Money
May 6 2011 // State officials say Louisiana was hurt more than other states by the Deepwater Horizon oil spill, and so should get more money than other states from companies responsible for the disaster. Garret Graves, who leads the...
BP to Pay $85 Million to Settle Alaska Oil Spill Case
May 5 2011 // BP has agreed to pay a $25 million civil penalty, as well as spend $60 million on enhanced safety measures, to settle a federal probe of a pipeline oil spill on Alaska’s North Slope in 2006, the U.S. government...
AIR Worldwide Cat Models Now Cover Industrial and Renewable Energy
May 3 2011 // Catastrophe modeling firm AIR Worldwide (AIR) today announced that its Catastrophe Risk Engineering (CRE) models now cover industrial and renewable energy facilities worldwide. Their expansion is “aimed at helping...
General Star Makes Changes to Fuel Oil Program
May 2 2011 // General Star has made a number of changes to its umbrella fuel oil program, distributed exclusively by program administrator S. H. Smith & Company, Inc., Hartford, CT. Launched in 2001, the program provides commercial...
