Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
European Utility Companies May be Underinsured, Warns Marsh
May 9 2008 // The “Marsh Power Forum” in Paris this week identified potential insurance problems for the industry. Marsh noted that “the combination of rising demand and insured costs in Europe’s electricity...
Strait of Hormuz: The Potential Economic Effects of a Disruption
Apr 25 2008 // A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said...
Zurich Global Energy Creates Alternative Energy Team
Apr 23 2008 // Zurich Financial Services Group (Zurich) announced that Zurich Global Energy, a unit of the Global Corporate division, has created a cross-functional team to address the insurance needs of the growing alternative energy...
Willis Energy Chairman Analyzes Hazard Risk Management
Apr 17 2008 // Speaking at the recent World National Oil Companies Congress in London, Phillip Ellis, Chairman of Willis Energy, a division of Willis Group Holdings, presented hazard risk management as a guard against shocks that can...
Update: Tennessee Residents Try to Recover after Oil Well Explosion
Apr 8 2008 // Tennessee resident, Irene Daugherty, is home but still shaken after an oil well explosion just 60 yards from her front door melted the siding on her manufactured home and transformed the landscape into charred stumps and...
Arkansas Truckers Cite Fuel Prices, Park for a Day
Apr 3 2008 // Arkansas truckers parked their rigs on April 1 to have their say in a national protest over high fuel prices that independent operators say is putting them out of business. Dale Burri of Greenbrier, a driver for J.B. Hunt...
Tennessee Fines Oil Well Owner $50K after Fire Forced Evacuations
Mar 31 2008 // The operator of an Anderson County, Tenn. oil well that burned for nearly a week has been cited by the state for five violations and fined $50,000. According to the citation, Dan Potts was drilling too deeply and...
Update: Tennessee Oil Well Fire Doused, Residents Asked to Stay Away
Mar 27 2008 // A nearly week-old oil well fire in Anderson County, Tenn. was extinguished Tuesday, but officials worried about the danger of lingering natural gas vapors asked residents to stay away. A spokeswoman for the Environmental...
Singapore Air Again Grounds A380 for Fuel Pump Fault
Mar 26 2008 // Singapore Airlines said on Wednesday that it had to ground an Airbus A380 on Monday and transfer passengers to two smaller Boeing 747s bound for Sydney, after a fuel pump failed to work. This was the fourth incident in...
Feds Say Tennessee Failed to Give Timely Notice on Oil Well Fire
Mar 24 2008 // A U.S. Environmental Protection Agency official has told Anderson County residents that Tennessee officials did not inform them of an oil well fire in a timely manner. The well near Oliver Springs struck a huge pocket of...
Oil and Gas Extraction Market Holds Solid Potential
Mar 24 2008 // While the oil and gas market can be seen as including pipeline and distribution operations, petroleum and petroleum product wholesalers, fuel oil dealers and even gas stations, the dominant North American Industry...
Oil Well Ignites in Tennessee; Flames Seen for Miles
Mar 20 2008 // Tennessee authorities said at least one person has been burned and residents have been ordered to evacuate after an Anderson County oil well caught fire. Firefighters from several departments were working to put out the...
Alaska Fishing Town Braces for Court Look at Exxon Valdez Spill
Mar 10 2008 // For many in the coastal town of Cordova, Alaska, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. But...
Alaska Fishing Town Braces for Court Look at Exxon Valdez Spill
Feb 27 2008 // For many in the coastal town of Cordova, Alaska, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. But...
Oil Companies May be Under Insured as Prices Rise, Notes Marsh
Feb 20 2008 // In a bulletin released in advance of Marsh’s National Oil Companies Conference to be held next week, the broker warned that oil companies run the risk of being under insured as world oil prices reach record...
Chubb Joins Renewable Energy, Green Building Groups
Jan 31 2008 // The Chubb Group of Insurance Companies has joined the American Council On Renewable Energy and the U.S. Green Building Council. Peter Thompson, vice president, Chubb & Son, and worldwide energy manager for Chubb...
UK to Relaunch Nuclear Power Plants
Jan 15 2008 // In a controversial decision the government announced that it will approve “a building program for a new generation of nuclear power stations, citing environmental reasons and the need for energy security in a...
Lloyd’s GCube Promotes Growth in Renewable Energy Sector
Jan 11 2008 // “GCube, the insurance entity spun out of Lloyd’s managing general agency WindPro, has opened its doors to business on both sides of the Atlantic,” notes a bulletin on the Lloyd’s web site...
Kan. Jury Sides with Oil Company in Pollution Lawsuit
Jan 9 2008 // Jurors sided with oil giant BP Corp. North America Inc. Monday in a pollution lawsuit filed by the city of Neodesha seeking to recover the costs of cleanup and damages caused by an oil refinery. Jurors hearing the case in...
Environmental Groups sue Shell for Excess Pollution at Texas Refinery
Jan 9 2008 // Environmental groups have sued Shell Oil Co. and several of its affiliates, claiming the oil giant has for years released pollutants from its suburban Houston refinery that are well above state and federal limits. In their...
