Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
BP Links Bonus Pay to Safety, Risk Management
Oct 19 2010 // BP Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant’s reputation, declaring safety is so core to the group that it would be the sole measure for staff bonuses in the last quarter...
BP Tells Court It Waives $75 Million Limit on Oil Spill Liability
Oct 19 2010 // BP Plc told a court it was committed to waiving the legal cap on its liability from the Gulf oil spill, which could have limited the cost to the oil giant to $75 million plus clean-up costs. “BP has chosen to waive...
BP Claims Fund Struggling to Get Up to Speed
Oct 18 2010 // In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud...
Oil Firms Eye New Insurance Fund
Oct 18 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill in order to avoid a scenario where smaller companies are unable to drill offshore. BP’s oil spill...
People
Oct 18 2010 // Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services. Holcombe brings more than 20 years of experience as an insurance counseling...
U.S. Firms Plan New Oil Spill Insurance Fund
Oct 18 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, an industry executive...
BP Gulf Oil Disaster Legacy Includes Higher Risk, Insurance Costs
Oct 12 2010 // The Gulf of Mexico oil spill will push up costs and reduce the number of offshore oil and gas operators in U.S. waters for a long time to come, oil company executives told an industry conference in London on Tuesday. More...
Illinois Files Suit Against Enbridge Over Oil Cleanup
Oct 8 2010 // The Illinois attorney general filed a lawsuit against Enbridge Inc’s U.S. affiliate Enbridge Energy Partners Thursday, as the state seeks to have the company pay the costs incurred cleaning up an oil pipeline spill...
U.S. Firms Plan New Oil Spill Insurance Fund
Oct 7 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, a senior industry executive...
BP Claims Fund Struggles to Get Up to Speed
Oct 6 2010 // In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud...
It Figures
Oct 4 2010 // 124 Illinois Attorney General Lisa Madigan announced that investigators have identified 124 people with active arrest warrants who were residents or staff members of nursing homes for elderly residents. Madigan said they...
Fight Over Gulf Oil Disaster Liability Heats Up
Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to emails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...
Fight Over Gulf Oil Disaster Liability Heats Up
Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to e-mails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...
Alabama Seeks Plan for Coastal Recovery from Gulf Oil Disaster
Oct 1 2010 // A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the...
Mexico Could Join Lawsuits Over Gulf Oil Disaster
Oct 1 2010 // Mexico’s federal government could join a list of its states suing the companies blamed for the disastrous Gulf oil spill, claiming damage to fishing and tourism, the plaintiffs’ attorney said this week. Earlier...
Many Denied Oil Disaster Claims to Get Second Look
Sep 30 2010 // The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all. Kenneth Feinberg says the Gulf Coast Claims Facility...
Alabama Expects Billions from BP for Oil Spill Impact
Sep 28 2010 // Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement on...
The Hartford Names Gardiner to Lead Renewable Energy Practice
Sep 21 2010 // The Hartford Financial Services Group Inc. has appointed James Gardiner to lead its new Renewable Energy Unit. The new unit will provide specialized underwriting and a full suite of property and casualty insurance products...
BP Funds Research into Health Effects of Oil Disaster
Sep 20 2010 // Oil giant BP said it is providing $10 million to the National Institutes of Health (NIH) to support a study of potential public health issues relating to the Gulf of Mexico oil disaster and other spill-related health...
The Hartford Targets Renewable Energy Firms with New Insurance Unit
Sep 17 2010 // The Hartford Financial Service Group Inc. has formed a Renewable Energy Unit to address the unique and evolving needs of the rapidly growing renewable energy industry. The new unit will provide specialized underwriting and...
