Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
BP Raises Liability by $5.2 Billion for Deepwater Horizon Spill
Jul 18 2016 // BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The London-based company expects to...
House GOP Wants Democratic AGs’ Records on Climate Change Suit Against Exxon
Jul 15 2016 // Escalating a political fight over global warming, a Republican House chairman issued subpoenas this week to two Democratic state attorneys general, seeking records about their investigation into whether Exxon Mobil misled...
Oklahoma Regulators Probing Oil, Gas Activity Near Site of New Quakes
Jul 14 2016 // Oklahoma’s oil-and-gas regulators are investigating a recent cluster of earthquakes recorded near Blanchard, about 30 miles south of downtown Oklahoma City, including three of magnitude 3.0 or higher. The Oklahoma...
Methane in Northern Colorado Water Not Always from Oil Wells: Study
Jul 13 2016 // The oil and gas industry may not be to blame if northeastern Colorado tap water is so full of methane it can be set on fire, researchers say. Fewer than 5 percent of the region’s water wells that were checked for...
California Governor Wants to Expand Efforts on Climate Change
Jul 13 2016 // California Gov. Jerry Brown has launched a campaign to extend some of the most ambitious climate-change programs in the country and ensure his environmental legacy when he leaves office in two years. The centerpiece of the...
Nerves on Edge After South China Sea Ruling; Insurance Rates Still Stable
Jul 12 2016 // Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled against Beijing’s claims across large swathes of the South China Sea, fueling geopolitical tensions in the...
Oil Shipments Down Hudson River Raise Spill Concerns
Jul 11 2016 // The Hudson River may still become a major corridor for the shipment of thick, tar sands oil from Canada despite moves last year by New York officials that attempted to halt those efforts. At issue is a key air permit...
India’s Biggest Shipping Firm Resumes Iran Oil Transport with Insurance in Place
Jul 5 2016 // Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India’s biggest shipping company said on...
North Dakota Adopts Rules Aimed at Oil Industry Spill Reduction
Jun 30 2016 // North Dakota regulators have adopted new rules aimed at reducing spills by the oil industry. The state Industrial Commission approved rules that included bonding and increased inspections on pipelines. Another new rule...
Settlement to Make Punitive Damages from 2010 Oil Spill Available to Claimants
Jun 24 2016 // Nearly $1.24 billion in punitive damages arising from BP’s 2010 Gulf of Mexico oil spill will become available to property owners and some fishermen affected by the spill under a pending settlement with two...
OSHA: Crane Accident Kills North Dakota Oil Worker
Jun 23 2016 // A worker was killed in a crane accident at an oil well site in western North Dakota, the Occupational Safety and Health Administration said. The incident, which happened late on June 20 near Ross in Mountrail County, was...
Update: 1 Dead, 3 Hurt in North Dakota Oil Rig Blast
Jun 21 2016 // One worker was killed and two others were seriously injured in an explosion and fire at an oil well in western North Dakota, authorities said. The McKenzie County Sheriff’s Department said 52-year-old Johnny...
Environmentalists Warn of Spill Risk from Increasing Oil Shipments on Hudson River
Jun 21 2016 // The Hudson River may still become a major corridor for the shipment of thick, tar sands oil from Canada despite moves last year by New York officials that many thought stopped those efforts. At issue is a key air permit...
States Faced with Massive Well Cleanup from Oil Bust
Jun 20 2016 // The worst oil bust since the 1980s is putting Texas and other oil producing states on the hook for thousands of newly abandoned drilling sites at a time when they have little money to plug wells and seal off environmental...
Iron-Starr Forms Underwriting Alliance with Oil Casualty Insurance
Jun 10 2016 // Ironshore Inc. has added Oil Casualty Insurance, Ltd. (OCIL) as a subscribing insurer to Iron-Starr Excess Agency Ltd. for Financial Lines business. Iron-Starr currently underwrites on behalf of Ironshore Insurance Ltd....
Lying About Gulf Oil Spill Size to Investors to Cost BP $175M
Jun 3 2016 // BP Plc said it agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill to prop up its stock price, removing the company’s last major...
Insurer Fossil Fuel Divestment Focus of Washington Climate Change Summit
Jun 2 2016 // Getting insurers to rid themselves of investments in fossil fuels, creating products to deal with climate change and helping the world better understand risk, were among the topics on Wednesday at a summit on the insurance...
North Dakota Governor: Oil Industry ‘Solid’
May 27 2016 // North Dakota Gov. Jack Dalrymple told industry and government officials on May 25 that the state’s unprecedented oil boom that made it the economic darling of the nation is far from going bust. “From our...
What University of Washington’s Climate Risk and Insurance Summit Has in Common with Paris
May 26 2016 // It may not be a climate change summit for the ages like last year’s Paris meeting in which world leaders hashed out a historic agreement to reduce carbon emissions, but it does have two things in common with the 2015...
North Dakota Company Settles Racial Discrimination Suit for $250K
May 26 2016 // A Williston, N.D.-based oil field service company will pay $250,000 to a worker it fired after he complained of harassment to settle a discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity...
