Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Hurricane Karl Bears Down on Mexico’s Gulf Coast
Sep 17 2010 // Hurricane Karl bore down on Mexico’s central Gulf Coast on Friday, threatening to cause flash floods and mudslides, but it appeared to have spared Mexican offshore oil operations from major damage. Karl, which was...
New Orleans Judge Handling BP Oil Cases a ‘Straight Shooter’
Sep 17 2010 // The judge overseeing hundreds of lawsuits spurred by BP Plc’s Gulf of Mexico oil spill brought his much-noted calm, easy manner to the first major hearing in what could be one of the most complex and costly court...
BP Denies Alabama Claim Over Oil Spill
Sep 17 2010 // BP Plc has turned down Alabama’s claim for $148 million in lost government revenue due to the worst oil spill in U.S. history, the state’s attorney general, Troy King, said Friday. BP denied the claim because...
Judge Urges BP Oil Disaster Litigants to Settle, Avoid Trial
Sep 17 2010 // The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an...
BP, Partners Say Most Oil Victims Should Not Be Allowed to Sue Yet
Sep 17 2010 // BP Plc and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court...
Lawsuits Over Gulf Oil Disaster Begin With Clash Over Pace
Sep 16 2010 // Scores of attorneys will jam a federal courtroom today 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 oil spill heats...
Tropical Storm Karl Hits Yucatan, Some Evacuations Ordered
Sep 15 2010 // Tropical Storm Karl hit Mexico’s Yucatan Peninsula Wednesday and was expected to head into the Gulf of Mexico, threatening Mexican oil installations and possibly gaining hurricane strength. Mexico’s state-run...
Illinois Oil Pipeline Leak Stopped; Cleanup Under Way
Sep 15 2010 // Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials...
Halliburton, Transocean Reject BP’s Claims; Court Battles Loom
Sep 9 2010 // BP Plc and its Gulf of Mexico oil well partners traded blame Wednesday after an internal BP investigation tried to downplay the company’s role in the world’s biggest offshore spill. The 193-page BP report...
One Death Reported as Blast Rips Through Mexico Oil Refinery
Sep 8 2010 // An explosion ripped through a major Mexican refinery Tuesday, killing one worker and pushing gasoline and diesel prices higher on worries state oil monopoly Pemex will have to import more fuel. Pemex, the world’s No....
BP Report Finds Multiple Companies, Workers Caused Gulf Oil Disaster
Sep 8 2010 // BP’s Deepwater Horizon oil disaster in the Gulf of Mexico was not caused by a single factor but by “multiple companies and work teams,” according to the oil giant’s internal...
BP Helps Fund U.S. Research Into Health Effects of Oil Disaster
Sep 7 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...
BP Oil Spill Costs Hit $8 Billion; Internal Report on Cause Readied
Sep 3 2010 // BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster. BP published figures...
Louisiana’s First Premium Insurance to Process Oil Worker Fund Claims
Aug 30 2010 // A Covington, La., company has been hired to process applications for money from a $100 million fund set up by BP to help oil rig workers idled by a federal moratorium on new deepwater drilling in the Gulf of Mexico. The...
Towerstone Launches Oil and Gas Equipment Program
Aug 26 2010 // Towerstone Inc., a wholesale insurance broker and managing general agency headquartered in Dallas, has introduced the Towerstone Oil and Gas Equipment Program, a new insurance program for the energy sector. The program is...
Commission Weighs Self-Governing Body for Oil Drilling Safety
Aug 25 2010 // The White House oil spill commission Wednesday will probe U.S. offshore drilling policies and consider pushing the oil industry to accept a self-governing body to help oversee tough safety standards. With a focus on...
Ironshore Environmental Expands Oil Spill Program to Hospitality Sector
Aug 23 2010 // Ironshore Environmental has expanded its suite of asset-class specific SPILLS programs to provide comprehensive environmental coverage to the Hospitality Sector. Ironshore’s Environmental Hospitality program offers...
Michigan Oil Spill Bill Estimate up to $400M
Aug 20 2010 // Enbridge Energy Partners estimates cleanup and other costs from a massive oil spill from a Michigan pipeline could be $300 million to $400 million. The company made the estimate in a filing this week with the U.S....
Japan Analyzing Damage to Tanker in Hormuz Strait
Aug 19 2010 // Checks on a Japanese oil tanker, damaged by a mystery explosion near the Strait of Hormuz oil shipping route, found a soot-like substance in a large dent in its hull, the Transport Ministry in Tokyo said on Wednesday. (See...
Snapshot: Declarations
Aug 16 2010 // Health Care Challenge “While this case raises a host of complex constitutional issues, all seem to distill to the single question of whether or not Congress has the power to regulate — and tax — a...
