Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oklahoma Agency Working to Reduce Earthquake Risks
Jul 24 2013 // The Oklahoma Geological Survey has begun work on plans to reduce the risk of oil-field work involving injection wells that some believe may be causing earthquakes. The Tulsa World reported that a summary report said the...
West Africa Pirates Seen Threatening Oil and Shipping for Years
Jul 23 2013 // West African pirates will threaten the region’s oil and shipping industries for years as the measures used to curb attacks in the Indian Ocean aren’t able to help, according to a provider of armed guards for...
Canadian Investigators Want Rule Changes after Deadly Rail Crash
Jul 22 2013 // Canadian investigators issued their first recommendations on Friday after a devastating train wreck in Quebec, urging that trains hauling dangerous goods not be left unattended, and pushing for stricter guidelines on...
Judge Denies BP Bid to Halt Oil Spill Claim Payments
Jul 19 2013 // A federal judge denied BP Plc’s attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator —— former FBI Director Louis Freeh—...
India Grants 3 Month Extension to Iranian Underwriters for Non-Oil Shipments
Jul 18 2013 // India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co for covering container and tanker vessels calling at Indian ports, in a move that should clear a backlog of...
BP Wants Gulf Oil Spill Claim Payments to Stop Until Probe Complete
Jul 17 2013 // BP Plc asked a federal judge to temporarily halt payments from the court-supervised settlement program set up after the 2010 Gulf of Mexico oil spill while Louis Freeh investigates possible misconduct. BP filed its request...
BP Gulf Oil Victims Challenge Economic Damages Claim Settlements
Jul 16 2013 // BP Plc’s $8.2 billion settlement of most private economic-damage claims from the 2010 Gulf of Mexico oil spill is unfair and should be rejected, victims opposed to the deal told a federal appeals court. The agreement...
Railroad at Center of Quebec Town Tragedy and Heart of its Recovery
Jul 15 2013 // It was a runaway train that caused this month’s deadly inferno in Lac-Megantic, but the Canadian town’s leaders, business owners and many of its residents see the railway as crucial to their survival and want...
Some Victims Appeal Medical Benefits in BP Oil Spill Settlement as ‘Unfair’
Jul 12 2013 // The medical benefits portion of BP Plc’s settlement over the 2010 Gulf of Mexico oil spill is “substantively unfair” and approval of the accord should be reversed, lawyers opposing the agreement told an...
Third Lawsuit Filed Over Montana Crude Oil Spill
Jul 11 2013 // A third lawsuit has been filed by property owners alleging damages from an Exxon Mobil Corp. oil spill that dumped an estimated 63,000 gallons of crude into the Yellowstone River. The suit alleges company personnel ignored...
Oil Tank Cars Like Those in Quebec Rail Tragedy Long Seen as Flawed
Jul 10 2013 // The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50 people, included a class of railcar whose vulnerability to leaks and deadly explosions was well known to...
How a Runaway Train Devastated Canadian Town; 13 Dead, 37 Missing
Jul 9 2013 // The short length of track, nestled in a dark pine and birch forest in Quebec, is a regular overnight stop for freight trains hauling crude oil and other raw materials across North America. Normally, before retiring for the...
Judges Question BP Over Its Objections to Oil Spill Claims Payouts
Jul 9 2013 // BP Plc drew tough questions on Monday from U.S. appeals court judges hearing a complaint by the oil company objecting to the payment of certain claims for damages related to the Gulf of Mexico spill, casting doubt on...
Five Dead, 40 Missing After Crude Oil Freight Train Explosion in Canada
Jul 7 2013 // At least five people died and 40 were missing on Sunday after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by...
Florida Consortium Reaches Deal on Use of Oil Spill Payments
Jul 3 2013 // Gov. Rick Scott and the Gulf Consortium – a group comprising 23 Gulf Coast counties – have reached a deal for using recovery funds related to the Deepwater Horizon oil spill, the governor’s office...
Lawyers Feast on ‘Crazy’ BP Gulf Oil Spill Claims
Jul 2 2013 // Until this year, Tampa attorney Kevin McLean specialized in suing nursing homes for neglecting patients. In January he switched the focus of his practice to a fund BP Plc established to compensate business losses from the...
Canada Seeks $1B Clean-Up Fund by Major Oil Pipelines
Jun 27 2013 // Companies operating major crude oil pipelines in Canada will be required to have C$1 billion ($954.97 million) available to fund clean ups from any spills, the Canadian government said on Wednesday. Joe Oliver,...
Australian Safety Regulator Faults Rolls-Royce over Qantas Engine Explosion
Jun 27 2013 // Rolls-Royce Plc repeatedly failed to identify a defect that caused one of its engines to explode on a Qantas Airways Ltd aircraft carrying more than 400 people over Indonesia three years ago, an Australian safety regulator...
BP Using Advertising to Fight Gulf Oil Spill Claims Formula
Jun 26 2013 // Britain’s BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appeal court...
Commentary: Breathing New Life into Climate Policy
Jun 26 2013 // Shale has killed climate policy. Now the International Energy Agency (IEA) is trying to bring it back to life. Following the shale revolution, policymakers can no longer count on peaking oil and gas supplies and soaring...
