Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Exxon Denied Appeal of Jury Award Over MTBE in New York City Water
Apr 22 2014 // The U.S. Supreme Court rejected Exxon Mobil Corp.’s appeal of a $105 million jury verdict it was ordered to pay for contaminating underground water in New York City with a gasoline additive. The Irving, Texas-based...
Claims, Oil and Resentments Linger Four Years After BP Oil Spill
Apr 21 2014 // Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over. Jules Melancon, the last...
Louisiana Senators Say ‘No’ to Suit Against Oil Industry
Apr 17 2014 // The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by...
Environmental Exposure: Flood Risk in the Oil & Gas Industry
Apr 7 2014 // There has been much discussion regarding the increasing frequency and intensity of storms around the world. While both underwriters and insurance buyers are concerned with exposure to potential catastrophic losses from...
Canadian Pacific Backs Insurance Mandate for Firms Shipping Oil by Rail
Apr 4 2014 // Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada’s second-largest rail operator...
UN Climate Chief Calls For ‘Urgent Transformation’ of Oil, Gas to Green Energy
Apr 3 2014 // The U.N.’s climate chief called on the oil and gas industry on Thursday to make a drastic shift to a clean, low-carbon future or risk having to leave three-quarters of fossil fuel reserves in the ground. “The...
Canadian National Rail to Phase Out Older Oil Tank Cars over 4 Years
Mar 26 2014 // Canadian National Railway Co. will phase out its fleet of 183 older tank rail cars used to transport diesel fuel over the next four years, as it works to improve safety following a string of industry accidents involving...
Exxon Valdez 25 Years Later, Spill Effects Linger in Alaska
Mar 21 2014 // Before the Deepwater Horizon oil spill in 2010 in the Gulf of Mexico, there was the Exxon Valdez disaster in Alaska, at the time the largest oil spill in the U.S. The 987-foot (300-meter) tanker, carrying 53 million...
U.S. SEAL Team Seizes Tanker Carrying Oil from Libya Rebel Port
Mar 18 2014 // U.S. Special Forces seized a tanker that fled with a cargo of oil from a Libyan port controlled by anti-government rebels, halting their attempt to sell crude on the global market. Gunmen demanding regional autonomy and a...
Judge Rejects BP Bid to Shut Down Gulf Spill Payments
Mar 11 2014 // BP Plc’s bid to temporarily halt payments under its $9.2 billion oil-spill settlement so that heightened accounting and fraud safeguards can be established was rejected by a federal judge in New Orleans. U.S....
Florida Joins Multistate Environmental Suit Against BP
Mar 10 2014 // Florida has joined a multistate lawsuit stemming from the 2010 Deepwater Horizon oil spill, seeking to hold British oil company BP accountable for damage to the state’s natural resources. The complaint was filed last...
Report: Texas Accounts 40% of U.S. Oil Field Deaths
Mar 10 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...
U.S. Rail Industry Adopting New Oil Train Safety Measures
Mar 10 2014 // Many oil-by-rail shipments will slow down through urban areas and track inspections will increase on high-traffic areas in response to a string of fiery derailments in the last several months, the American Association of...
Panel Rules BP Spill Claims Don’t Require Direct Harm
Mar 6 2014 // A federal appeals panel ruled that businesses don’t have to prove that they were directly harmed by BP’s 2010 Gulf Of Mexico oil spill to collect settlement payments. The ruling could clear the way for payments...
Court Rules BP Must Honor Terms of $9.2 Billion Oil Spill Settlement
Mar 3 2014 // BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill, a federal appeals court ruled in rejecting the company’s objections that the deal is being misinterpreted by the...
Mississippi Woman Must Repay $17K in Oil Spill Claims Fraud
Feb 28 2014 // A 32-year-old Gulfport woman has been ordered confined at home and must repay $17,000 in an oil spill fraud case. Sheila Wilbanks, spokeswoman for the U.S. attorney’s Southern District office, told The Sun Herald...
BP Loses Bid to Halt Payments to Seafood Workers
Feb 26 2014 // BP Plc lost a bid to have a judge suspend about $1.3 billion in payments to seafood-industry workers who are part of the 2010 Gulf of Mexico oil spill settlement because of alleged improprieties by a lawyer involved in the...
U.S. to Mandate Tests of Oil Being Transported by Train
Feb 26 2014 // Federal regulators issued an emergency order on Tuesday requiring oil from North Dakota being loaded onto trains to be tested and properly labeled to reflect its volatile nature after a series of explosive train...
Investors, Including Allianz, Mount Attack on Norway in $20 Billion Oil & Gas Row
Feb 26 2014 // Allianz SE, Abu Dhabi’s wealth fund and firms including Statoil ASA have mounted a multi-pronged battle against Norway to defend revenue and oil- and gas- industry projects valued at $20 billion. Owners in gas...
Report: Texas Accounts 40% of U.S. Oil Field Deaths
Feb 24 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...
