Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Colorado Refocuses Rules on Safety, Won’t Halt Drilling
May 23 2019 // Colorado officials said that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005
May 22 2019 // Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint War Committee of London’s Lloyd’s Market Association said Friday that it would...
Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover
May 20 2019 // Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization...
Insurer Says Iran’s Guards Likely Facilitated Saudi Tanker Attacks: Reuters
May 17 2019 // Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a...
California’s New Climate and Sustainability Chief in Talks with Insurers
May 16 2019 // Powered by InsuranceJournal.tv Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After...
Colorado Begins Work on New Safety-Focused Oil and Gas Rules
May 16 2019 // Colorado oil and gas regulators are outlining some of their first planned rule changes under a new law that makes public safety and the environment their top priorities. The Oil and Gas Conservation Commission will meet...
Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks
May 16 2019 // Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry...
Explosion on Oil-Industry Ship in Caspian Sea Injures 14 People
May 10 2019 // An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship’s operator, Italian engineering firm Saipem, said on Thursday. The ship, the Israfil Huseynov, was involved in...
Petroleum Industry Revises Standard for Reducing Workers’ Fatigue
May 6 2019 // The American Petroleum Institute issued on Thursday a revised standard aimed at reducing fatigue among workers in the nation’s refineries and chemical plants, the trade group said. The fatigue standard, officially...
Powerful Cyclone Hits India’s East Coast, Forcing Evacuation of More Than 1 Million
May 3 2019 // A category 4 storm with strong winds and heavy rain made its landfall on India’s east coast, with authorities evacuating more than 1 million people to safer places. Flight and train services remained shut. Cyclone...
U.S. Eases Offshore Drilling Rules Adopted After Gulf Oil Spill
May 3 2019 // The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S....
Texas Senate Panel Weighs Input on Stronger Storage Tank Regulations
May 2 2019 // Weeks after a massive fire at a Houston-area petrochemical storage facility garnered national attention, a panel of state lawmakers heard dueling testimony Monday night on a bill that would strengthen state oversight of...
Exxon Will Pay $1M Penalty for Montana Oil Spill
May 1 2019 // Exxon Mobil Corp. agreed to pay a $1.05 million penalty to settle alleged federal water pollution violations from an oil pipeline break into Montana’s Yellowstone River, according to court documents filed...
California Insurance Commissioner Rejects Petition to Require Fossil Fuel Underwriting Disclosure
Apr 23 2019 // California’s new insurance commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists. California Insurance Commissioner Ricardo Lara, who put battling climate...
New Crop of Satellites Will Identify Biggest Contributors to Climate Change
Apr 18 2019 // A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig. More than a dozen governments and companies have or are planning to launch...
Contaminated Oil Linked to U.S. Reserves Raises Safety Concerns
Apr 15 2019 // Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil it purchased last year from the Energy...
Renewable Energy Industry Sees Uptick in Claims
Apr 15 2019 // The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy...
Report: North Dakota Oil Region Has Majority of Truck-Involved Crashes
Apr 7 2019 // Two crashes that took four lives have resurrected concerns about the safety of a bypass in New Town, North Dakota, and the issue of truck driver fatigue. The Highway 23 bypass, dubbed the New Town Truck Reliever Route, was...
Chemical Plant Fires Renew Safety Debate in Oil-Friendly Texas
Apr 7 2019 // Two major chemical plant fires near Houston just 17 days apart closed schools, leaked toxic chemicals into coastal waters and killed a worker, but there’s a good chance they won’t lead to big industry...
Why Insurance Claims in Renewable Energy Industry Are Rising
Apr 4 2019 // The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy...
