Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Judge Rejects BP Complaint Over Proof of Economic Losses from Gulf Oil Spill
Dec 27 2013 // BP Plc lost a bid to require businesses to provide proof their economic losses were caused by the 2010 Gulf of Mexico oil spill under a $9.2 billion settlement over the disaster. U.S. District Judge Carl Barbier in New...
Geological Society: Kansas Earthquake, Oil Production Might Be Related
Dec 23 2013 // The Kansas Geological Society is investigating whether a recent earthquake in southern Kansas might have been caused by oil production practices in the area. But KGS interim director Rex Buchanan said it might be difficult...
Hearing: Which Court Should Hear Louisiana Coastal Lawsuit ?
Dec 20 2013 // A legal tug-of-war continues in a Louisiana state levee board’s lawsuit against 97 oil, gas and pipeline companies over the erosion of wetlands. The Southeast Louisiana Flood Protection Authority-East wants U.S....
Utah, Chevron Agree On $5.35M Fuel Spill Settlement
Dec 18 2013 // Utah officials say they’ve come to a tentative $5.35 million settlement with Chevron after a pipeline leaked about 20,000 gallons of diesel fuel in northern Utah earlier this year. Chevron officials did not...
BP Seeks Halt to Oil Spill Payments to Seafood Firms, Alleges Attorney Fraud
Dec 18 2013 // BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’...
Guidance System Shows Promise of Safer Landings for Gulf Rig Pilots
Dec 16 2013 // Imagine zooming from 200 feet in the sky onto a small green circle in the middle of a vast, dark ocean. Louisiana helicopter pilots do it daily, carrying workers to and from offshore oil rigs. It often takes more than two...
Canada Considers Requiring Emergency Response Plans for Rail Oil Shipments
Dec 16 2013 // Canada is considering classifying crude oil as a higher-risk, dangerous product, requiring emergency response plans for shipment by rail following a train accident that leveled the heart of a Quebec town in July, a...
Drilling Boom Leaves Some Neighbors with Damages, Depressed House Values
Dec 12 2013 // When Gary Gless bought his sleek, modernist house in Los Angeles in 2002, he thought he had hit a “gold mine.” The world’s largest inner-city park – featuring a lush, 18-hole golf course – was...
Anadarko, BP Seek Reversal of Oil Spill Clean Water Act Ruling
Dec 5 2013 // Anadarko Petroleum Corp. and BP Plc asked an appeals court to throw out a judge’s finding that both companies were liable under the U.S. Clean Water Act for the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl...
Local Gas Drilling Laws Get a Key Airing in Ohio
Dec 3 2013 // A closely watched lawsuit in Ohio is asking a question that’s burning in cities and towns throughout shale country: Can regulations in states eager for the jobs and tax revenues that come with gas and oil drilling...
BP Wins Appeal Over Some Gulf Oil Spill Claim Payments
Dec 3 2013 // BP Plc won a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs. BP had agreed in 2012 to make...
Schinnerer Launches Energy Program on Admitted Basis in Eight States
Dec 2 2013 // Underwriting manager Victor O. Schinnerer & Co. is now offering its energy program on an admitted basis in Texas, Alabama, Arkansas, Colorado, Minnesota, New Mexico, Oklahoma, and Tennessee. The program provides a...
Iran Oil Shipping Insurance Sanction Relief Not Likely Any Time Soon
Dec 2 2013 // A pledge by world powers to ease ship insurance sanctions on some Iranian oil exports is likely to take months to come into effect due to complex law and regulation and to insurers’ unease over providing cover. A...
Legal Fallout Continues over Arkansas Oil Leak
Dec 2 2013 // Lawsuits and alleged safety violations are mounting against Exxon Mobil Corp. following the rupture eight months ago of a pipeline that spilled thousands of barrels of oil in central Arkansas. Since Exxon’s Pegasus...
Arkansas Oil Spill Damages Exceed $70M: ExxonMobil
Dec 2 2013 // ExxonMobil estimates that the March oil spill in an Arkansas subdivision has caused more than $70.5 million in damages for the company, according to an updated accident report submitted to the federal Pipeline and...
Suncor in Colorado to Pay $1.9 Million to Settle Oil Lawsuit
Dec 2 2013 // Suncor oil refinery operators have agreed to pay $1.9 million to settle a lawsuit by federal and state authorities over a toxic spill that contaminated Sand Creek and the South Platte River. A consent decree filed in U.S....
All Risks Launches Down Hole Tool for South Central Onshore Oil, Gas Industry
Nov 27 2013 // The South Central offices of All Risks, Ltd. have designed a “down hole specialty rental tool” insurance product for Lost In Hole (LIH). This coverage is available to oil & gas drillers and operators as...
Penn. Regulators Offer Tips to Avoid Turkey Frying Homeowners Catastrophe
Nov 26 2013 // The Pennsylvania Insurance Department and the Office of the State Fire Commissioner are cautioning consumers to be extra careful when considering deep frying a turkey as part of the Thanksgiving celebration. While a tasty...
Iran Nuclear Deal Easing Up on Shipping Insurance Could Help Oil Sales
Nov 25 2013 // Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big Asian...
Arkansas Oil Spill Damages Exceed $70M, Exxon says
Nov 22 2013 // ExxonMobil estimates that the March oil spill in an Arkansas subdivision has caused more than $70.5 million in damages for the company, according to documents recently filed with the federal government. The figures were...
