Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
New Orleans Sues Energy Firms Over Coastal Erosion
Apr 1 2019 // The City of New Orleans is suing various oil and gas companies over coastal erosion. Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s...
California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs
Mar 28 2019 // Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose...
Engine Failure on Luxury Cruise Ship Blamed on Low Level of Engine Lubricating Oil
Mar 28 2019 // The engines of a luxury cruise ship that narrowly escaped disaster during a storm off Norway on Saturday failed because of relatively low levels of lubricating oil in the engines, the Norwegian Maritime Authority said on...
Global Carbon Emissions Hit Record in 2018 on Higher Fossil Fuel Consumption
Mar 27 2019 // Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India. Those findings...
Climate Activists Petition for Carriers in California to Reveal Fossil Fuel Insureds
Mar 21 2019 // More than 60 environmental, consumer and social justice organizations on Thursday delivered a petition to California Insurance Commissioner Ricardo Lara seeking what is believed would be the first regulations in the nation...
RSG Affiliate PERse Opens Miami Office, Makes 3 Staff Appointments
Mar 20 2019 // PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns
Mar 19 2019 // The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to coal as companies around the world step up fossil fuel divestment plans to improve the...
France Works to Contain Fuel Spill After Italian Container Ship Sinks
Mar 15 2019 // French authorities are working to contain a fuel spill off the Atlantic Coast after an Italian container ship sank following a fire. French and British rescue teams saved all 27 people aboard the Grande America after it...
Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry
Mar 14 2019 // Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and...
China Re Launches Renewable Energy Consortium for Offshore Wind Farms in China
Mar 11 2019 // China Re Corp. announced the launch of a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China. China Re’s...
Georgia House Passes Bill Expanding Access to Medical Marijuana
Mar 8 2019 // The production and sale of low-potency medical marijuana oil could soon be allowed in Georgia under a bill passed Tuesday by the House. Lawmakers voted 123-40 to clear the measure, two days ahead of a legislative deadline...
Update: Crane Collapses at Eni’s Italian Offshore Oil Platform; Operator Killed
Mar 5 2019 // One person died and two people were injured when a crane collapsed at an Italian offshore oil platform run by Eni, the oil and gas major said on Tuesday. The crane was in operation when it toppled from the Barbara F...
Drilling Rules in Colorado Would Undergo Major Shift Under Bill
Mar 4 2019 // Legislation being drafted in Colorado would prioritize health and safety over fostering oil and gas development, Governor Jared Polis and top state lawmakers said. The bill, yet to be introduced, would represent a major...
Environmental Disaster Unfolds in Pacific, Near Solomon Islands, as Ship Leaks Oil
Mar 4 2019 // An environmental disaster is unfolding in the Pacific after a large ship ran aground and began leaking oil next to a UNESCO World Heritage site in the Solomon Islands, Australian officials said Friday [March 1]. Footage...
Brazil Senate Passes Dam Safety Bill After Vale Disaster; Insurance Provision Eyed
Feb 28 2019 // Brazilian Senate committees on Wednesday passed a bill to tighten dam safety in the country, after a mining dam owned by Vale SA burst and killed an estimated 300 people in the town of Brumadinho. The legislation, which...
China’s Biggest Oil & Gas Producer Halts Fracking After Series of Quakes
Feb 27 2019 // The backlash against shale drilling in earthquake-prone regions — a thorn in the side of U.S. energy companies for the past decade — reached China this week after a series of temblors killed two people and...
Officials Say Plane Had Fuel Tank Issues Before Fatal Massachusetts Crash
Feb 25 2019 // The National Transportation Safety Board says a plane crashed into an apartment building in Massachusetts, killing a former mayor, had fuel tank issues months before the fatal crash. The Eagle-Tribune reports that...
U.S. Wants Regional Response Teams for Oil Train Wrecks
Feb 22 2019 // Federal transportation officials are requiring railroads to establish regional response teams along oil train routes following a series of fiery derailments. The new rule is aimed at having crews and equipment ready in the...
Crude Oil Spills in Northern Oklahoma; Cleanup Underway
Feb 5 2019 // Crews are working to contain thousands of gallons of crude oil that leaked into a creek in northern Oklahoma. Oklahoma Corporation Commission spokesman Matt Skinner said oil extends for about five miles in Black Bear Creek...
Shell Offshore Agrees to $2.2M Fine for 2016 Gulf Oil Spill
Feb 5 2019 // Shell Offshore Inc. has agreed to pay a $2.2 million civil fine to the federal government to settle charges that the company violated the Clean Water Act by spilling 1,900 barrels of oil into the Gulf of Mexico in May 2016...
