Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Harsh Weather Slowed Growth in North Dakota Economy in 2013
May 7 2014 // Severe winter weather during the last three months of the year affected key industries tied to oil extraction, slowing North Dakota’s taxable sales and purchases in 2013, the state tax commissioner said. North...
Louisiana Senate Panel OKs Bill to Derail Oil & Gas Lawsuit
May 5 2014 // Another bill pushed by Gov. Bobby Jindal’s administration to undermine a lawsuit filed by a south Louisiana flood protection board against oil and gas companies is advancing in the state Senate. Senate Bill 469 by...
CSX Oil Tank Cars Derail, Catch Fire in Lynchburg, Virginia
May 1 2014 // A CSX Corp. crude train derailed in Lynchburg, Virginia, Wednesday, sparking a fire in at least three tank cars, spilling oil into a river and forcing a partial evacuation of the city’s downtown. No injuries were...
Court Revives Suit Over WWII Site Cleanup in California
Apr 29 2014 // A divided U.S. appeals court revived efforts by oil companies to force the federal government to reimburse them for the cost to clean up a Southern California site where they had dumped toxic sludge during World War II. By...
Safety Board Says Rail Oil Tanker Rules Should Be Put on Washington Fast Track
Apr 25 2014 // Spurred by a series of fiery train crashes, a push by government and industry to make safer tank cars used for shipping crude oil and ethanol has bogged down in squabbling and finger-pointing over whether they’re...
Hackers Target Global Tanker, Container Shipping Fleet
Apr 24 2014 // The next hacker playground: the open seas – and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up online, so they...
Buffett Says Rail Industry Concerned Over Oil Transport Safety
Apr 23 2014 // Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil...
Maryland AG Sues BP Over Pension Losses Tied to Gulf Oil Spil
Apr 22 2014 // Maryland Attorney General Douglas F. Gansler has sued BP plc. for allegedly making false and misleading statements regarding its commitment to safety reforms and oil spill prevention and response capabilities. Ganlser...
Exxon Denied Appeal of Jury Award Over MTBE in New York City Water
Apr 22 2014 // The U.S. Supreme Court rejected Exxon Mobil Corp.’s appeal of a $105 million jury verdict it was ordered to pay for contaminating underground water in New York City with a gasoline additive. The Irving, Texas-based...
Claims, Oil and Resentments Linger Four Years After BP Oil Spill
Apr 21 2014 // Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over. Jules Melancon, the last...
Louisiana Senators Say ‘No’ to Suit Against Oil Industry
Apr 17 2014 // The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by...
Environmental Exposure: Flood Risk in the Oil & Gas Industry
Apr 7 2014 // There has been much discussion regarding the increasing frequency and intensity of storms around the world. While both underwriters and insurance buyers are concerned with exposure to potential catastrophic losses from...
Canadian Pacific Backs Insurance Mandate for Firms Shipping Oil by Rail
Apr 4 2014 // Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada’s second-largest rail operator...
UN Climate Chief Calls For ‘Urgent Transformation’ of Oil, Gas to Green Energy
Apr 3 2014 // The U.N.’s climate chief called on the oil and gas industry on Thursday to make a drastic shift to a clean, low-carbon future or risk having to leave three-quarters of fossil fuel reserves in the ground. “The...
Canadian National Rail to Phase Out Older Oil Tank Cars over 4 Years
Mar 26 2014 // Canadian National Railway Co. will phase out its fleet of 183 older tank rail cars used to transport diesel fuel over the next four years, as it works to improve safety following a string of industry accidents involving...
Exxon Valdez 25 Years Later, Spill Effects Linger in Alaska
Mar 21 2014 // Before the Deepwater Horizon oil spill in 2010 in the Gulf of Mexico, there was the Exxon Valdez disaster in Alaska, at the time the largest oil spill in the U.S. The 987-foot (300-meter) tanker, carrying 53 million...
U.S. SEAL Team Seizes Tanker Carrying Oil from Libya Rebel Port
Mar 18 2014 // U.S. Special Forces seized a tanker that fled with a cargo of oil from a Libyan port controlled by anti-government rebels, halting their attempt to sell crude on the global market. Gunmen demanding regional autonomy and a...
Judge Rejects BP Bid to Shut Down Gulf Spill Payments
Mar 11 2014 // BP Plc’s bid to temporarily halt payments under its $9.2 billion oil-spill settlement so that heightened accounting and fraud safeguards can be established was rejected by a federal judge in New Orleans. U.S....
Florida Joins Multistate Environmental Suit Against BP
Mar 10 2014 // Florida has joined a multistate lawsuit stemming from the 2010 Deepwater Horizon oil spill, seeking to hold British oil company BP accountable for damage to the state’s natural resources. The complaint was filed last...
Report: Texas Accounts 40% of U.S. Oil Field Deaths
Mar 10 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...
