Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Damages Ruling May Be Pivotal in BP Gulf Oil Case
Sep 6 2011 // A key court ruling in the Gulf of Mexico oil spill litigation could change the landscape in the massive case — encouraging more plaintiffs to sue, or spurring the parties to make a deal to resolve what could be a...
Gulf Oil Spill Claims Fund Has Paid $5 Billion
Sep 5 2011 // The Gulf Coast Claims Facility set up to handle claims from the BP oil disaster has paid out $5 billion after one year of operation. It has paid 204,434 individual and business with a total of 359,441 claims. Established...
China Orders ConocoPhillips to Halt Output at Bohai Bay Oilfield
Sep 2 2011 // China’s State Oceanic Administration (SOA) has ordered a subsidiary of ConocoPhillips to halt all operations at the Penglai 19-3 oilfield in northern China’s Bohai Bay, saying the company has failed to seal a...
Michigan Court Backs Emotional Damages in Home Loss Due to Oil
Aug 29 2011 // Four hundred gallons of heating oil in the basement? The Michigan appeals court says that’s distressing. The court has upheld a $100,000 verdict for a Clinton County woman whose home had to be demolished after oil...
Judge Allows Punitive Damage Claims for Gulf Oil Spill to Move Ahead
Aug 29 2011 // Plaintiff lawyers claimed a victory on Friday when a U.S. federal judge overseeing hundreds of lawsuits against BP and others over last year’s big oil spill in the Gulf of Mexico allowed much of the case to move...
ConocoPhillips Evaluating China Oil Spill Impact
Aug 24 2011 // A subsidiary of ConocoPhillips said it has started evaluating the impact of its oil spill on the marine environment in China’s northern Bohai Bay, but it has not yet received any claims for the incident. State media...
Year Old Gulf Oil Spill Claims Fund Has Paid $5 Billion
Aug 23 2011 // The Gulf Coast Claims Facility set up to handle claims from the BP oil disaster has paid out $5 billion after one year of operation. It has paid 204,434 individual and business with a total of 359,441 claims. Established...
Texas AG Again Charges Petroleum Distributor of Defrauding Customers
Aug 19 2011 // Texas Attorney General Greg Abbott has charged a petroleum distributor of selling diluted gasoline. It is the state’s third court action against the company since 2009. Petroleum Wholesale L.P., Sun Development L.P....
Study: No Long-Term Health Effects of Michigan Spill
Aug 19 2011 // There are no long-term health effects of submerged oil from last year’s spill in southern Michigan’s Kalamazoo River, a new study from the state says. Results of the Michigan Department of Community Health...
Shell North Sea Pipeline Leak – ‘Substantial’
Aug 15 2011 // Royal Dutch Shell’s ruptured pipeline in the North Sea has already caused a “substantial” oil spill, with oil still leaking into the sea on Monday, the British government said on Monday. The Department of...
Shell Faces First Nigerian Oil Spill Claims in UK
Aug 5 2011 // Royal Dutch Shell has agreed that a Nigerian community impacted by its oil spills can seek compensation in a British court, lawyers in the case have said, potentially opening itself up to bigger future financial and...
BP Gulf Oil Claims Fund to Be Audited
Aug 1 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, Attorney General Eric Holder said. In a letter to the fund’s...
BP Gulf Oil Spill Claims Fund to Be Audited
Aug 1 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, U.S. Attorney General Eric Holder said. In a letter to the fund’s...
Season’s First Major Storm Threatens Gulf of Mexico, Texas
Jul 27 2011 // The first major Gulf of Mexico storm of the year is brewing over the northwestern Caribbean Sea, with an 80 percent chance of becoming a tropical cyclone as it heads northwest to the Texas coast, and posing a threat to...
Oil and Gas Group Earns $1.8M Texas Mutual Dividend
Jul 26 2011 // Texas Mutual Insurance Company announced a $1.8 million dividend to the Texas Oil and Gas Association (TxOGA) safety group. The workers’ compensation dividend was based largely on the group’s overall loss...
BP Gulf Oil Spill Claims Fund to Be Audited
Jul 25 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, Attorney General Eric Holder said. In a letter to the fund’s...
Final U.S. Report on BP Gulf Oil Disaster Delayed
Jul 25 2011 // A U.S. team probing the causes of last year’s massive BP oil spill has delayed the release of its final report in order to more fully weigh the evidence, investigators said on Friday. The government’s findings...
Ryan Specialty Group Forms MGA Focusing on Renewable Energy Risks
Jul 21 2011 // Ryan Specialty Group, LLC (RSG) introduces PER se (Power.Energy.Risk, ‘securing the environment’) – an MGU specializing in the energy and power sector, with a primary focus on renewable energy risks. PER se...
Pirates Release Greek Tanker; All Crew Safe Says Manager
Jul 18 2011 // Pirates released a Greek-owned, Liberia-flagged tanker they had seized on Saturday 12.5 miles [20 kms] off the coast of Benin, and all the crew were safe, the vessel’s manager said on Monday. The 11,520 deadweight...
Probe Into Montana Oil Spill Cause to Take Months
Jul 18 2011 // A federal safety official says it will probably be months before investigators know what caused an ExxonMobil oil pipeline to rupture near Billings, Mont., spilling about 1,000 barrels of crude oil into the Yellowstone...