Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oil Industry’s $50 Billion in New Projects Conflict with Paris Climate Goals: Think Tank
Sep 6 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report...
BP North America Fined $71K for 2018 Diesel Fuel Spill in Iowa
Sep 5 2019 // The U.S. Environmental Protection Agency says BP North America must pay a fine of more than $71,000 for a diesel spill last year in northeast Iowa. The EPA said the fine is for violations of the Clean Water Act. BP owns a...
Barge Collapse in Tennessee River Leads to Oil Spill
Aug 29 2019 // Officials in Chattanooga say a truck and crane went to the bottom of the Tennessee River when the barge they were sitting on collapsed. News outlets report the crane was mounted on the truck that fell into the river when...
Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack
Aug 27 2019 // An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back in service in the fourth quarter after repairs, vessel owner Frontline said on Tuesday. Images of the product tanker Front Altair...
Retreat as an Answer to Climate Change?
Aug 22 2019 // Think retreat is never an option? Think again. “Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving...
Industry Flexes Political Muscle in States to Criminalize Aggressive Pipeline Protests
Aug 20 2019 // After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from...
Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline
Aug 8 2019 // A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from...
After Fires and Spills, Study of Lightning Strikes in North Dakota Oil Patch Proposed
Aug 8 2019 // North Dakota is considering whether to study lightning strikes at saltwater disposal sites after lightning hit state facilities at least four times since June, triggering fires and spills of oil and brine. People familiar...
Mexico Oil Company Pemex Offers Health Bonuses for Employees with Skinnier Waists
Aug 5 2019 // At Mexico’s state-run oil company, skinnier waists mean bigger bonuses. Under Petroleos Mexicanos’s new collective bargaining contract with its union, workers who meet certain body weight standards will receive...
Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems
Aug 1 2019 // Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most important — and lately most dangerous — energy chokepoint: vanish from global tracking...
Wind Could Spread Oil Leak from Pertamina’s Undersea Well in Indonesia
Jul 29 2019 // Wind is threatening to spread a growing 52-mile (84-kilometer) oil sheen in Indonesia from an undersea well that began leaking about two weeks ago into the Java Sea. State crude producer PT Pertamina plans to install more...
Freak Weather Risks India’s Renewable Energy Goals, Affecting Insurers, Lenders
Jul 17 2019 // India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are damaging renewable energy...
California Regulators Say Chevron Not Doing Enough to Stop Oil Spill
Jul 16 2019 // California regulators say Chevron has not done enough to stop a massive oil spill that dumped about 800,000 gallons of crude oil and water into a Kern County canyon, and they want the company to take further action to halt...
Wisconsin Court: Extra Insurance Not Needed for Enbridge Pipeline in Dane County
Jul 15 2019 // The Wisconsin Supreme Court ruled on June 27 that Canada-based Enbridge Energy doesn’t need to carry additional insurance for a pipeline project in Dane County, despite the local government’s insistence that it...
Now a Tropical Storm, Barry Takes Aim at Louisiana
Jul 11 2019 // Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans. The system, which was about 95 miles (153...
UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf
Jul 11 2019 // The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic...
As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output
Jul 10 2019 // U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in the U.S. Gulf of Mexico, as a storm threatened oil-producing areas. Anadarko Petroleum Corp., the...
Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise
Jul 9 2019 // Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of...
The Mounting Cost of Piracy off Coast of West Africa: Opinion
Jul 3 2019 // Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of dollars, and gave Tom Hanks yet another chance to play the everyman overcoming a...
Britain’s Green Finance Strategy Could Mandate Corporate Climate Risk Disclosure
Jul 2 2019 // British public companies and pension funds may have to publish by 2022 what risks their businesses face from climate change under a new so-called green finance strategy. Britain last week became the first G7 country to...
