Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
U.S. Seeks Up to $18B in Fines From BP Over Gulf Oil Spill
Dec 22 2014 // The government wants BP Plc to pay $16 billion to $18 billion in water-pollution fines for the worst offshore oil spill in U.S. history while seeking more than $1 billion from the co-owner of the blown-out well that caused...
Louisiana Reopens Oil Spill Affected Gulf Waters for Commercial Fishing
Dec 16 2014 // Commercial fishermen are once again harvesting Gulf seafood off the coasts of Elmer’s and Grand Terre islands, an area that’s been closed due to the 2010 Deepwater Horizon oil spill. On Dec. 10, Louisiana...
Enbridge Settles Michigan Oil Spill Class-Action Lawsuit
Dec 12 2014 // The Canadian company responsible for a 2010 oil spill in southwestern Michigan has agreed to pay about $6.8 million to settle a class-action lawsuit. A federal judge must still approve the settlement reached last week by...
BP Appeals Gross Negligence Ruling That Triggers Fines
Dec 11 2014 // BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to...
Companies May Need to Disclose Fossil-Fuel Exposure: UK Energy Secretary
Dec 11 2014 // U.K. Energy Secretary Ed Davey called for a debate on forcing companies to disclose their exposure to fossil fuels so that investors know the risks they face as cleaner forms of energy are required. “There’s a...
High Cost Hinders Progress of Carbon Capture As Climate-Change Fix
Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second...
Supreme Court Rejects BP’s Bid for Review of Gulf Oil Settlement
Dec 8 2014 // The U.S. Supreme Court refused to review BP Plc’s $9.7 billion settlement over the 2010 Gulf of Mexico oil spill, turning away the company’s argument that hundreds of millions of dollars are going to businesses...
Pirates Kill Vietnamese Crew Member; Regional Hijackings Increasing
Dec 8 2014 // The killing of a crew member of a Vietnamese tanker by pirates marks a deadly escalation in Southeast Asian hijackings and the third attack on a ship from Vietnam in two months. Crew member Tran Duc Dat was shot yesterday...
Federal Judge Sends Oil Companies Suit Back to New Orleans
Dec 4 2014 // A federal judge has sent a Plaquemines Parish lawsuit against 19 oil and gas companies back to New Orleans court for trial. U.S. District Judge Jay Zainey’s ruling sets the stage for the return of 27 others suits to...
Washington Study Shows More to Do as Oil Trains Pose New Risks
Dec 3 2014 // A state study says the increase in crude oil shipments by rail is creating new risks and will require increased safety measures and improved oil spill response and prevention. Even as more trains carry volatile shipments...
Oil from BP Spill Still Present on Alabama Coast: Researchers
Dec 3 2014 // A new study says oil from the Deepwater Horizon disaster is still trapped in Alabama’s beaches four years later. The report was released by Auburn University researchers who’ve been studying the BP oil spill...
N.H. Officials Remind Residents to Take Care of Fuel Storage Tanks
Dec 2 2014 // The New Hampshire Department of Environmental Services issued a public service announcement reminding residents that snow and ice can damage outdoor heating oil/propane/natural gas tanks, and the piping connecting the tank...
Injured BP Oil Spill Cleanup Workers Must Sue for Payments: Judge
Nov 30 2014 // BP Plc, having pledged billions of dollars for damages caused by the 2010 Gulf of Mexico oil spill, won’t have to make payouts any time soon to more than 95 percent of the workers hurt while cleaning up the mess. If...
First Louisiana Flood Board Oil Suit Settlement Earmarked for Coast
Nov 24 2014 // Money from the first and only settlement so far in a Louisiana flood board’s lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration. The Southeast Louisiana...
Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee
Nov 20 2014 // Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and an...
Mississippi Man Faces Gulf Oil Spill Claims Fraud Trial
Nov 12 2014 // A South Mississippi man faces trial in a federal fraud case alleging he lied about his past employment to get $25,800 in oil spill recovery money. Court records showed Shawn Albert Townsel received the money after claiming...
Rock Pile Built with BP Spill Money Saves Alabama Island for Now
Nov 11 2014 // Nature and a multimillion dollar rock pile built in the Gulf of Mexico after the BP oil spill have healed a large barrier island nine years after it was sliced in two by Hurricane Katrina. Katrina swamped Alabama’s...
Judge Rejects BP Attempt to Remove Oil Spill Claims Chief Juneau
Nov 11 2014 // BP Plc lost a bid to remove Patrick Juneau, the claims administrator overseeing payouts for the 2010 Gulf of Mexico spill, according to a New Orleans federal court ruling Monday. Juneau is in charge of the London-based...
Federal Appeals Court Reaffirms BP’s Liability in Gulf Oil Spill
Nov 7 2014 // A federal appeals court panel has reaffirmed its ruling that BP is liable for federal Clean Water Act damages stemming from the 2010 Gulf of Mexico oil spill, the latest loss for the oil giant as it fights court decisions...
Enbridge: Cleanup of 2010 Oil Spill in Michigan Cost $1.21B
Nov 5 2014 // A Canadian pipeline company says it has cost about $1.21 billion to clean up a 2010 oil spill into the Kalamazoo River system in Michigan. TV stations WOOD and WWMT report Calgary, Alberta-based Enbridge Inc. released the...
