Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oklahoma Oil Rig Count Down 27% Year Over Year
Jul 2 2019 // The number of working oil rigs in Oklahoma is down more than a quarter from this time last year, amid a nationwide decrease. Oilfield services firm Baker Hughes reported 102 rigs operating in the state on June 28. The...
Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022
Jul 1 2019 // Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its actions range from committing to UN targets for global temperature...
Proposed California Wildfire Board Could Operate Partly in Secret
Jul 1 2019 // A closely watched wildfire law proposed by California Gov. Gavin Newsom would exempt a new safety board from some of the state’s government transparency laws. The Wildfire Safety Advisory Board would advise the...
Poll: Majority of Americans Say Global Warming is Affecting U.S. Weather
Jun 27 2019 // The majority of Americans say global warming is important to them, and that it’s affecting the weather in the U.S. A national survey by the Yale Program on Climate Change Communication and the George Mason University...
New Federal Study Contradicts Owner’s Claims About Years-Long Gulf Oil Spill
Jun 26 2019 // A new federally led study of oil seeping from a platform toppled off Louisiana’s coast 141/2 years ago found releases lower than other recent estimates, but contradicts the well owner’s assertions about the...
Officials, Petroleum Council Tout New North Dakota Oilfield Safety Program
Jun 25 2019 // The North Dakota Petroleum Council and state officials say a new oilfield safety training program, 18 months in the making, will be a time-saver for tens of thousands of contract workers. Fifty oil companies worked on the...
Insurance for Middle East Oil Shipments Soars to More Than $500,000
Jun 25 2019 // The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk premiums for a standard oil cargo from the Persian Gulf...
Small Fire Still Burning at Site of Philadelphia Oil Refinery Explosions
Jun 24 2019 // Officials say a very small fire continues to burn at a Philadelphia refinery following explosions and a pre-dawn blaze that shook homes and caused some minor injuries. Philadelphia Energy Solutions said Saturday that...
UK’s Legal & General Is Divesting Exxon Shares Over Climate Change
Jun 24 2019 // One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing enough to address climate change. Legal & General Investment...
Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security
Jun 21 2019 // A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran – and raised fears over the safety of one of Asia’s most vital energy trade routes, where about a fifth...
War Risk Insurance Premiums Surge for Oil Tanker Owners After Gulf Attacks
Jun 17 2019 // Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels. War risk premiums that owners pay each time they go to the...
Insurers Appoint Dutch Marine Engineer to Salvage Oil Tankers in Gulf of Oman
Jun 14 2019 // Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in the Gulf of Oman in a suspected attack. Boskalis said the condition of the Front Altair tanker, carrying a...
Insurance Rates for Crude Oil Tankers to Jump After Gulf Attacks
Jun 14 2019 // Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Both owners and the companies that charter their...
U.S. Safety Board: Fatal Oklahoma Well Blast Shows Need for New Rules
Jun 13 2019 // An investigation into an explosion at an Oklahoma natural gas drilling rig that killed five workers last year faulted inadequate training and equipment and called for new regulations, the U.S. safety regulator said. The...
Suspected Attack on 2 Oil Tankers Near Strait of Hormuz Stokes Fears of War
Jun 13 2019 // Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won’t avert a military confrontation between the U.S. and Iran....
Environmentalists Sue Over Trump Rollback of Offshore Oil Safety Regulations
Jun 12 2019 // A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department’s rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP...
Aging Oil Pipelines Operated by Canada’s Enbridge Raise Fears over Great Lakes Spills
Jun 10 2019 // Fears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches for operator Enbridge Inc and the Canadian energy sector. Canada has...
Exxon Mobil Settling Montana Oil Spill for $1M
Jun 6 2019 // A judge has approved an agreement for Exxon Mobil Corp. to pay $1.05 million to settle federal pollution violations over a 2011 pipeline break that sent oil into Montana’s Yellowstone River. U.S. District Judge Susan...
U.S. Judges Grapple with Youths’ Constitutional Challenge to U.S. Climate Policy
Jun 6 2019 // In a courtroom packed with environmental activists, federal judges wrestled Tuesday with whether climate change violates the constitutional rights of young people who have sued the U.S. government over the use of fossil...
California Utility Regulator OKs PG&E’s Wildfire Mitigation Plan
May 30 2019 // A Wildfire Mitigation Plan submitted by Pacific Gas & Electric Corp. was approved by the California Public Utilities Commission on Thursday. The state Legislature in 2018 enacted Senate Bill 901 mandating action by the...
