Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
California Commissioner Fingers Insurers for Iran Investments
Feb 13 2013 // California Insurance Commissioner Dave Jones on Wednesday singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear sectors. During...
India to Ensure Refiners Running Iran Crude Oil Get Insurance: Source
Feb 13 2013 // India will ensure its refiners have insurance for plants that run crude from Iran, a government source said on Wednesday, allaying fears that imports from the sanctions-hit country may have to be halted. State-run refiner...
BP Balks at Oil Spill Price Tag Sought by States
Feb 6 2013 // BP Plc has tallied up claims made by states and local governments on the U.S. Gulf Coast for economic and property damages from the Macondo oil spill, and come up with a figure of $34 billion, which it deems...
French Oil Tanker Likely Hijacked off Ivory Coast
Feb 5 2013 // A French-owned oil tanker missing off Ivory Coast with 17 sailors on board likely has been hijacked, an official with an international piracy watchdog said Monday, in what may be the latest attack by criminal gangs...
BP, States May Still Be Far Apart Over Oil Spill Deal
Feb 4 2013 // It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be nearing a settlement of...
Coast Guard Battles Oil Spill Cleanup, Traffic Demands on Mississippi River
Feb 1 2013 // The Coast Guard let vessels pass through a closed section of the Mississippi River at Vicksburg as it evaluates how traffic would affect efforts to remove and clean up oil from a leaking barge, a Guard spokesman...
Judge Approves BP Gulf Oil Spill Settlement
Jan 29 2013 // A U.S. judge has accepted an agreement by BP Plc to plead guilty for its role in the Deepwater Horizon disaster and pay $4.0 billion in penalties for the worst offshore oil spill in U.S. history, a court official said on...
BP Says $332 Million in Florida Oil Spill Claims Approved
Jan 24 2013 // The administrator of a class-action settlement between petroleum giant BP and oil spill claimants said that more than 34,000 Florida businesses and individuals so far have been approved to receive $332 million. Patrick...
Alabama School System Sues BP Over Revenue Lost Due to Oil Spill
Jan 22 2013 // An Alabama school system on the Gulf Coast says it’s filing a claim seeking compensation for lost revenues blamed on the BP oil spill in 2009. WKRG-TV reported that attorneys for the Baldwin County public schools...
Swiss Re Examines Impact of Sustainable Energy Sources on Climate Change
Jan 22 2013 // Swiss Re said its latest report – Building a Sustainable Energy Future: Risks and Opportunities – “describes the impact of the changing global energy mix on climate change.” The study uses a combination...
Many Hostages in Gas Plant Siege Unaccounted for; New Terrorist Threats
Jan 18 2013 // At least 22 foreign hostages were unaccounted for on Friday and their al-Qaeda-linked captors threatened to attack other energy installations after Algerian forces stormed a desert gas complex to free hundreds of captives,...
BP Oil Spill Settlement Payments Exceed $1B Mark
Jan 15 2013 // Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement with a team of private...
Sources Say Iran Charters Oil Tanker with Indian Insurance
Jan 15 2013 // A loophole in an Indian insurance scheme has allowed Iran’s state-run tanker company NITC to bolster oil exports by chartering a vessel insured by India’s state-run firms, industry and shipping sources said on...
Philadelphia Launches Coverage for Fuel Dealers
Jan 14 2013 // Philadelphia Insurance Cos. (PHLY), a property/casualty and professional liability insurance company for niche markets, is now offering insurance coverage specifically designed to protect fuel dealers. Several types of...
Yellowstone Oil Spill: Feds Say Delay Made Oil Spill Worse
Jan 4 2013 // Delays in Exxon Mobil Corp.’s response to a major pipeline break beneath Montana’s Yellowstone River made an oil spill far worse than it otherwise would have been, federal regulators said in a new report. The...
Transocean to Pay $1.4B to Settle Over BP Oil Spill
Jan 4 2013 // Transocean Ltd. agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly...
Transocean to Pay $1.4 Billion to Settle Charges from BP Oil Spill
Jan 4 2013 // Transocean Ltd agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly...
No Leak Seen At Stranded Oil Drill Ship in Arctic
Jan 3 2013 // No leak has been seen from a Shell oil drilling ship that grounded off an Alaska island during a storm, officials said, as opponents criticized the growing race to explore the Arctic for energy resources. Federal on-scene...
Long-Awaited New Hampshire Pollution Trial Ready to Start
Dec 31 2012 // Nearly a decade after it was first brought, a lawsuit accusing two oil giants of widespread groundwater contamination in New Hampshire is expected to present jurors with the most complex and time-consuming trial in state...
Judge Approves $7.8 Billion Settlement in BP Class Action Suit
Dec 26 2012 // A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only addressed the settlement of...
