Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Congress Set to Tackle Oil Spill Liability, Drilling Safety
Jul 28 2010 // U.S. Senate Democrats are set to unveil a slimmed-down energy bill Tuesday aimed at reforming offshore drilling, but House lawmakers are taking up a tougher bill on Friday that adds another hurdle to get a bill signed into...
Two Die in Pittsburgh-area Well Explosion
Jul 26 2010 // An oil storage tank at a natural gas well exploded Friday morning, killing two workers, leaving a third man remarkably uninjured and sparking a smoky well fire that smoldered for hours. A team of oil- and gas-well...
Claims Fund Chief Says BP Stalling on Payments to Oil Disaster Victims
Jul 26 2010 // British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said Saturday. “I have a concern that BP is...
Alabama Beach Furniture Stores, Designers Among BP Oil Victims
Jul 26 2010 // In 2006, Worldwide Interiors, a Canal Road furniture importer, had a banner year with sales of $520,000, including $90,000 that June. Last year, amid south Baldwin County’s deflated real estate market, sales dipped...
Wyoming Aims to Decrease Workplace Fatalities
Jul 26 2010 // Many years ago when Mindy Hixon started working in the family trucking business in Carbon County, Wyo., she realized safety wasn’t a top priority. “I knew for a fact what we were doing was illegal, unsafe and...
BP’s Partners Will Not Set Up Gulf Oil Claims Fund
Jul 23 2010 // The two oil companies that are BP’s partners in the now-capped oil well told Congress Thursday they will not set aside money for cleanup costs along the Gulf Coast because it is BP’s responsibility. Anadarko...
Tropical Storm Threatens Gulf Oil Disaster Containment
Jul 23 2010 // BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said...
Florida Braces for Tropical Storm Bonnie
Jul 23 2010 // Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon. The fast-moving...
House Approves Oil Spill Clean-Up, Drilling Safety Bill
Jul 23 2010 // The House passed legislation this week that promotes new ways to clean up oil spills and aims to make deepwater drilling safer. The two measures responding to the BP oil spill in the Gulf of Mexico cleared the House by...
Gulf Coast Fishermen Angered By Clean-Up Offset Against BP Claims
Jul 20 2010 // Fishermen in Mississippi say they are angry that under the terms of BP’s $20 billion oil spill fund, money they earn doing clean-up will be subtracted from their claim against the company. The fishermen reacted after...
Analysis: Perfect Storm Brewing for Louisiana Economy
Jul 20 2010 // In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do:...
Louisiana Officials ‘Cautiously Optimistic’ About BP Well Cap
Jul 19 2010 // Louisiana Gov. Bobby Jindal, U.S. Sen. Mary Landrieu, D-La., and U.S. Congressman Charlie Melancon, whose district has been severely affected by the BP oil well spill, are “cautiously optimistic” about reports...
Texas Mutual Urges Worker Safety During Gulf Shore Cleanup
Jul 16 2010 // Now in its third month, the Gulf Coast oil spill has created many safety hazards for wildlife and for people involved in cleanup efforts. Workers’ compensation insurance provider Texas Mutual Insurance Co. urges...
Gulf State Residents Relieved But Wary Over BP Oil Well Fix
Jul 16 2010 // News that oil has stopped leaking from BP’s blown-out well into the Gulf of Mexico spread a wave of relief Thursday among coastal residents, but it failed to dispel concerns about the disaster’s long-term...
BP Test of New Cap on Gulf Oil Well Could Be Turning Point
Jul 13 2010 // BP Plc prepared on Tuesday to test a new cap on its runaway well, arresting the flow of oil which has been gushing into the Gulf of Mexico for the last 12 weeks. [According to Reuters BP Plc will launch a test to gauge...
Anadarko Balks at Reimbursing BP for Oil Cleanup Costs
Jul 12 2010 // Anadarko Petroleum Corp., which owns 25 percent of the ruptured well in the Gulf of Mexico, has told BP Plc that, for now, it will not pay a $272 million bill from the British oil company to cover clean-up costs. The two...
BP to Attach New Cap on Leaking Oil Gusher
Jul 12 2010 // BP Plc said it expects to attach a new containment cap later Monday that should more than triple the amount of oil being collected from the energy giant’s leaking Gulf of Mexico wellhead. “We have the cap very...
Lloyd’s Won’t Insure or Reinsure Petroleum Shipments for Iran
Jul 9 2010 // Lloyd’s of London will not insure or reinsure petroleum shipments going into Iran, the insurance market said on Friday. U.S. President Barack Obama signed into law last week far-reaching new sanctions that aim to...
How Should BP Handle Claims by Churches, Nonprofits?
Jul 8 2010 // God only knows what will happen to churches and other nonprofit organizations that say they are struggling for survival because of the Gulf oil spill crisis. Months after the Deepwater Horizon rig exploded and its well...
Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions
Jul 6 2010 // Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the...
