Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil
Mar 18 2024 // A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian oil. Representative Zach Nunn of...
Oil Sheen off California Possibly Caused by Natural Seepage From Ocean Floor
Mar 13 2024 // An oil sheen spotted off the Southern California coast last week was possibly caused by a natural seep from the ocean floor, but the exact source still isn’t known, U.S. Coast Guard officials said. Authorities...
No Recoverable Oil From Massive Spill Off Southern California Coast
Mar 11 2024 // No recoverable oil remains in the water after a sheen was reported off the Southern California coast, but the cause remains unclear, officials said. Authorities detected the 2.5-mile long oil sheen Friday morning. Crews...
Russia Oil Fleet Shifts Away From Liberia, Marshall Island Flags as Sanctions Ramp Up
Mar 6 2024 // Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according...
NTSB: Engine Oil Warnings Sounded Just Before Jet Crashed on Florida Interstate
Mar 5 2024 // ST. PETERSBURG, Fla. (AP) — Moments before the deadly crash of a charter jet on a Florida highway, three warnings about oil pressure problems in its two engines sounded, the National Transportation Safety Board said in a...
Oil Heavyweights Take Aim at Biden’s LNG Permitting Freeze
Feb 28 2024 // Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports. In a petition filed Monday with the Energy...
Trinidad and Tobago’s Government Confirms Fuel Oil Is Leaking off Tobago’s Coast
Feb 26 2024 // Trinidad and Tobago’s government on Friday confirmed the refined product leaking from a barge that struck a reef and overturned off the coast of Tobago was tested and determined to be a type of fuel oil. The leak,...
City of Chicago Sues Oil and Gas Corporations for Climate Change Deception
Feb 22 2024 // The City of Chicago is suing six oil and gas corporations and their largest trade association for deceiving Chicago consumers about the climate change dangers associated with their products, mayor Brandon Johnson announced...
Oil And Gas Producer Paying Millions to New Mexico Over Pollution Concerns
Feb 21 2024 // A company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States. The...
Update: Tankers Tied to the Russian Oil Trade Grind to Halt Following US Sanctions
Feb 13 2024 // A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible...
10 Cars of Cargo Train Carrying Cooking Oil, Plastic Pellets Derail; 2 Land in Hoosic River
Feb 12 2024 // Ten cars of a cargo train carrying plastic pellets and cooking oil derailed in upstate New York, with two ending up in a river, authorities said. The cars, part of a 94-car train operated by Berkshire & Eastern...
The Oil Was From Iran. The Insurance Was From New York
Feb 9 2024 // Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates. US sanctions forbid Western companies from knowingly doing business...
Power Restored to BP Oil Refinery in Indiana After Temporary Shut Down
Feb 5 2024 // WHITING, Ind. (AP) — Power has been restored to BP’s sprawling oil refinery in northwest Indiana following an outage that prompted the company to temporarily shut down the complex and evacuate workers, BP said last...
Highway Repairs Underway in Ohio Following Tanker Truck Crash and Fuel Spill
Jan 31 2024 // MACEDONIA, Ohio (AP) — Authorities have identified the tanker truck driver killed in a crash in Ohio that spilled thousands of gallons (liters) of diesel fuel over the weekend as repairs to the highway continue. The...
Maryland Settles Lawsuit With Tri-Gas & Oil Over Fuel Leak at Storage Facility
Jan 25 2024 // Maryland Attorney General Anthony G. Brown announced the settlement of a lawsuit against an Eastern Shore fuel storage facility, including a $600,000 penalty for pollution to groundwater and a nearby creek. The settlement...
Cold Weather Causes More Than 60 Oil Spills in North Dakota
Jan 19 2024 // BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say. North Dakota has seen multiple days of frigid weather with...
Repsol Sued in Class Action for $1 Billion Over Peru’s Worst Oil Spill
Jan 16 2024 // Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its involvement in Peru’s largest oil spill in 2022. Tom Goodhead, chief executive officer of Pogust...
Judge Limits Delaware’s Sweeping Climate Change Lawsuit Against Fossil Fuel Companies
Jan 14 2024 // A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry has downplayed the risks of climate change. Tuesday’s ruling significantly narrows...
Activist Group Scorecard: Insurers Adopting Policies on Oil and Gas Slowed in 2023
Jan 12 2024 // The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s seventh annual “Scorecard on Insurance, Fossil Fuels and the Climate...
Markets/Coverages: Ryan Specialty Expands Renewable Energy Offering on Global Basis
Jan 11 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced the expansion of its renewable energy insurance offering on a global basis with PERse International, a managing general underwriter based...
