Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap
Nov 17 2023 // The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for...
In Pennsylvania, Workers’ Compensation Now Pays for CBD Oil Treatment
Nov 17 2023 // Eight months after it ruled that medical marijuana is covered under workers’ compensation, a Pennsylvania appeals court has concluded that an injured worker’s cost of CBD oil is also reimbursable. A...
Shell Sues Greenpeace for $2.1 Million After Activists Boarded Oil Production Vessel
Nov 9 2023 // Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a document...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report
Nov 9 2023 // Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by climate change, according to a new report. About 80% of the insurance market and 53% of the reinsurance...
Gulf of Mexico Oil and Gas Lease Sale Postponed Amid Legal Battles Over Endangered Whale Protections
Nov 7 2023 // NEW ORLEANS (AP) – An upcoming sale of federal Gulf of Mexico oil and gas leases was officially postponed last week amid legal fights over protections for an endangered species of whale. A federal appellate panel last...
Deadly Explosion off Nigeria Points to Threat From Aging Oil Ships Around the World
Oct 31 2023 // OKITIPUPA, Nigeria (AP) – It was the dead of night when the ship caught fire, Patrick Aganyebi remembers, but the flames made it seem as bright as day. The explosion that night woke him and knocked him to the floor. He...
Texas Cities Struggle to Quit Coal Power as Demand Rises and Market Incentives Favor Fossil Fuels
Oct 23 2023 // Two dates in recent memory have shaped the uncertain future of the Fayette Power Project, a coal-fired power plant near La Grange. First, on March 26, 2020, the Austin City Council approved an emissions-reduction plan that...
Oil Tanker Sails to Israeli Red Sea Port to Avoid Conflict
Oct 20 2023 // An oil tanker is hauling a cargo of crude toward an Israeli Red Sea port that’s seldom used for crude deliveries after the nation’s main import terminal on the Mediterranean was disrupted by the conflict with...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture
Oct 19 2023 // Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for Christoph Gebald, whose startup, Climeworks AG,...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet
Oct 11 2023 // A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the Indian Ocean, drawing the attention of industry watchers and maritime safety officials. It’s the latest...
Philippines Coast Guard Identifies Marshall Islands Oil Tanker in Fatal Collision
Oct 4 2023 // Three people are dead after a Philippine fishing boat collided with an oil tanker in what the nation’s coast guard described as an accident near a disputed South China Sea shoal. Survivor accounts of the tanker fit...
Bill Gates-Backed Florida Startup Aims to Turn Oil-Drilling Gas into Useful Methanol
Oct 3 2023 // (Bloomberg) — Semi trailer-sized machines could provide a unique solution to a major source of the fossil fuel industry’s methane problem. Rather than flaring or venting the planet-warming gas into the...
Shadowy Russian Oil Trade Employs Fake Coordinates and Tanker Tricks
Sep 29 2023 // On a sunny day off the southern coast of Greece last week, two aging tankers nestled next to each other while one pumped oil to the other. As far as global satellite tracking systems could tell, it never happened. The...
Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance
Sep 27 2023 // Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation...
Russia Dodges G7 Price Cap Sanctions on Most of Its Oil Exports: FT
Sep 25 2023 // Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the Financial Times reported on Sunday citing data from analytics company Kpler. The European Union,...
California Suit Says Oil Giants Deceived Public on Climate, Seeks Funds for Storm Damage
Sep 18 2023 // The state of California filed a lawsuit against some of the world’s largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels now faulted for climate change-related storms and...
Authorities Looking for Source of Oil Spill at Florida’s Port Manatee
Sep 6 2023 // The U.S. Coast Guard is continuing to investigate the source of an oil spill that contaminated more than 19,000 gallons of water at Port Manatee in Tampa Bay. The spill was reported last week and crews have worked since...
EU to Seek COP28 Deal on Phasing Out Fossil Fuels: Draft Document
Sep 1 2023 // European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU’s negotiating position...
Petroleum Asphalt Remains in Yellowstone River in Montana After Train Derailment
Sep 1 2023 // Two months after a railroad bridge collapse sent carloads of hazardous oil products plunging into Montana’s Yellowstone River, the cleanup workers are gone and a mess remains. Thick mats of tarry petroleum asphalt...
Louisiana Oil Refinery Fire Mostly Contained but Residents Worry About Air Quality
Aug 28 2023 // GARYVILLE, La. (AP) – Crews were still working to suppress flare-ups Saturday as a fire at a Louisiana oil refinery burned for a second day along the banks of the Mississippi River, while residents worried about health...
