Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Companies May Soon Be Required to Disclose Financial Impact of Climate Risk
May 24 2017 // Companies’ disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure gathers pace, climate finance experts said on Tuesday. Investors have urged companies,...
Private Equity Firm Carlyle Sues Insurers Over Oil Losses
May 22 2017 // Julia Payne U.S. private equity firm Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco’s sole refinery went bankrupt two years ago, court documents...
Workplace Regulation to Reduce Incidents at California Oil Refineries OK’d
May 18 2017 // California’s Department of Industrial Relations’ Occupational Safety and Health Standards Board today approved a regulation aimed at strengthening workplace safety and health at oil refineries across the...
1st Suit Filed Against Petroleum Corp. Following Colorado House Explosion
May 17 2017 // Neighbors have filed the first lawsuit stemming from a fatal house explosion in northern Colorado that’s blamed on unrefined natural gas flowing from a severed pipeline. The Longmont Times-Call reported Swiin Jeffrey...
Sompo Develops Nat Cat Model for NW Australia Offshore Oil & Gas Installations
May 17 2017 // Sompo Japan Nipponkoa Insurance Inc. (SJNKI) and Sompo Canopius AG are launching a natural catastrophe risk model for north-west Australia offshore oil and gas installations. The model development was carried out by Sompo...
Nebraska Renewable Energy Company Hit with More Safety Citations
May 16 2017 // A northeast Nebraska renewable energy plant has been given two more citations by safety regulators. The Sioux City (Iowa) Journal reports that the Occupational Safety and Health Administration issued the citations on May...
Black Elk Energy Agrees to $4.2M Penalty Over Deadly Gulf Oil Platform Fire
May 15 2017 // An energy company pleaded guilty on May 12 to safety and environmental charges, agreeing to a $4.2 million penalty and avoiding manslaughter charges in connection with a 2012 offshore oil platform fire that killed three...
Source of Clean Energy? Wind Turbines Are Spilling Oil in Mexico
May 15 2017 // Wind turbines were planted along a strip of Mexico’s southern coast to make the country’s power industry cleaner. Now they’re spilling oil. In the town of Juchitan last month, a clean-up was under way...
BP Settles with Louisiana Parish Over Oil Spill for $45M
May 11 2017 // A coastal Louisiana parish announced a $45 million settlement with BP over damages from the 2010 Gulf of Mexico Oil spill. Plaquemines Parish juts out into the Gulf of Mexico from Louisiana’s southeastern tip. Oil...
Only 3 to Check Safety on Colorado Pipelines from Thousands of Wells
May 9 2017 // State records show Colorado has only three people assigned to check on the safety of pipelines running from about 54,000 active oil and gas wells, a task that came under scrutiny after a leaking pipeline was blamed for a...
Oklahoma Earthquake Risk: What a Difference Year Makes
May 8 2017 // This post is part of a series sponsored by CoreLogic. For nearly the past decade, the growing number of earthquakes in Oklahoma has gained widespread attention. As described in the CoreLogic® Insights Blog Earthquake...
Mississippi Railroad Reopened After Weekend Crude Oil Train Collision
May 3 2017 // Canadian National Railway Co. has reopened a Mississippi railroad after two southbound trains collided Sunday, sparking a fire. The Greenwood Commonwealth reports a tank car leaked more than 20,000 gallons of crude oil,...
Virginia Tech Scientists: BP Oil Spill Caused $17.2B in Natural Resource Damage
May 1 2017 // The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of Mexico, a team of scientists recently found after a six-year study of the impact of the largest oil spill in U.S....
Colorado Petroleum Wells Shut Down After Home Explosion
Apr 28 2017 // More than 3,000 petroleum wells are being shut down in Colorado as a precaution after a house explosion killed two people, an oil and gas company said. Anadarko Energy said it operated a well about 200 feet (60 meters)...
Pipeline Company Investigating 19,000-Gallon Oil Spill in Oklahoma
Apr 27 2017 // A Houston-based pipeline company continued cleanup at the site of a nearly 19,000-gallon oil spill in northwest Oklahoma that threatened a local water supply over the weekend. Crews from Plains All American Pipeline were...
China & India Lead U.S. in Renewable Energy Targets: Allianz
Apr 24 2017 // Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement climate goals, according to the Allianz Climate & Energy Monitor Deep Dive, which aims to inform...
BP Oil Spill Caused $17.2 Billion in Natural Resource Damage: Virginia Tech Scientists
Apr 20 2017 // The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of Mexico, a team of scientists recently found after a six-year study of the impact of the largest oil spill in U.S....
Louisiana Law Firms Could get $87M Each For 2010 Oil Spill Litigation
Apr 18 2017 // A committee of attorneys involved in litigation arising from the 2010 Gulf of Mexico oil spill has made its recommendation for dividing some $700 million in fees among 122 law firms involved in years of complex legal...
Worldwide Facilities, Oklahoma Petroleum Assoc. Partner on Well Control Insurance
Apr 6 2017 // Managing general agency, Worldwide Facilities – Houston, announced a partnership with Oklahoma Independent Petroleum Association (OIPA) for well control insurance through the OIPA’s Partners Program. Worldwide...
Proposed EPA Cuts Include Oil Spill, Lead Poisoning Prevention and Climate Research
Apr 5 2017 // The Trump administration is proposing to slash funding for grants to prevent lead poisoning, climate change research and criminal enforcement against polluters as part of its plan to reduce funding at the Environmental...
