Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Day #2 at Oil Spill Trial: BP Drilled Despite Earlier Problems
Feb 27 2013 // BP Plc took chances drilling its doomed Macondo well long before it ruptured in 2010, a well design and pressure expert said on Wednesday in the second day of testimony in the civil trial over the Gulf of Mexico oil...
Boat Collision Causes Small Oil Spill Near New Orleans
Feb 27 2013 // A boat collided with an inactive oil and gas well near New Orleans on Tuesday night, causing a small oil spill, the U.S. Coast Guard and the operator of the well said on Wednesday. The accident occurred at about 7 p.m....
Opening Arguments in BP Oil Spill Trial Seek to Assess Blame
Feb 26 2013 // A long-awaited trial over the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming BP Plc mostly for the 2010 disaster that killed 11 rig workers and spilled 4 million...
Long-Awaited BP Oil Spill Trial Begins; No Deal Yet
Feb 25 2013 // BP executives more focused on cost-cutting and oil production than safety should be held responsible for the Deepwater Horizon disaster in the Gulf of Mexico in 2010, the worst offshore oil spill in U.S. history, a lawyer...
California Commissioner Fingers Insurers for Iran Investments
Feb 25 2013 // California Insurance Commissioner Dave Jones in mid-February singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear...
BP Balks at Oil Spill Monies Sought by States
Feb 25 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...
U.S., Gulf States Considering $16 Billion BP Oil Spill Deal: WSJ
Feb 24 2013 // The U.S. government and Gulf Coast states are considering offering BP Plc a deal under which it pays $16 billion to settle civil suits stemming from the deadly 2010 Deepwater Horizon explosion and oil spill, the Wall...
Barring Last Minute Deal, Gulf Oil Spill Trial to Get Underway Monday
Feb 21 2013 // Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face their judge in court. The...
Carnival Cruise Ship Fire Started by Fuel Leak: Coast Guard
Feb 20 2013 // The fire on board the Carnival Corp. cruise ship that drifted for days in the Gulf of Mexico awash in raw sewage started from fuel from a leaking diesel engine line that ignited, the U.S. Coast Guard said on Monday. More...
Barge Spills Oil after Collision on Lower Mississippi River
Feb 15 2013 // A collision involving a barge Thursday night resulted in an oil spill near Baton Rouge, Louisiana on the Mississippi River, the United States Coast Guard said on Friday. The amount of oil spilled was unknown, but the...
Judge Accepts Transocean Settlement in Gulf Oil Spill
Feb 15 2013 // A federal judge on Thursday accepted a guilty plea by rig contractor Transocean Ltd. for violating the U.S. Clean Water Act along with a $400 million criminal fine for its role in the 2010 disaster at BP Plc’s...
Extensive Corrosion: Report on 2012 Chevron Fire in California
Feb 14 2013 // The U.S. Chemical Safety and Hazard Investigation Board and the California Division of Occupational Safety and Health released a technical evaluation report on piping samples taken from the Chevron Refinery in Richmond,...
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...
