Latest Energy Headlines

All the headlines from our Energy Topic Page, ordered by recency.

U.S. Firms Plan New Oil Spill Insurance Fund

Oct 18 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, an industry executive...

BP Gulf Oil Disaster Legacy Includes Higher Risk, Insurance Costs

Oct 12 2010 // The Gulf of Mexico oil spill will push up costs and reduce the number of offshore oil and gas operators in U.S. waters for a long time to come, oil company executives told an industry conference in London on Tuesday. More...

Illinois Files Suit Against Enbridge Over Oil Cleanup

Oct 8 2010 // The Illinois attorney general filed a lawsuit against Enbridge Inc’s U.S. affiliate Enbridge Energy Partners Thursday, as the state seeks to have the company pay the costs incurred cleaning up an oil pipeline spill...

U.S. Firms Plan New Oil Spill Insurance Fund

Oct 7 2010 // U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, a senior industry executive...

BP Claims Fund Struggles to Get Up to Speed

Oct 6 2010 // In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud...

It Figures

Oct 4 2010 // 124 Illinois Attorney General Lisa Madigan announced that investigators have identified 124 people with active arrest warrants who were residents or staff members of nursing homes for elderly residents. Madigan said they...

Fight Over Gulf Oil Disaster Liability Heats Up

Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to emails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...

Fight Over Gulf Oil Disaster Liability Heats Up

Oct 4 2010 // Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to e-mails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico...

Alabama Seeks Plan for Coastal Recovery from Gulf Oil Disaster

Oct 1 2010 // A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the...

Mexico Could Join Lawsuits Over Gulf Oil Disaster

Oct 1 2010 // Mexico’s federal government could join a list of its states suing the companies blamed for the disastrous Gulf oil spill, claiming damage to fishing and tourism, the plaintiffs’ attorney said this week. Earlier...

Many Denied Oil Disaster Claims to Get Second Look

Sep 30 2010 // The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all. Kenneth Feinberg says the Gulf Coast Claims Facility...

Alabama Expects Billions from BP for Oil Spill Impact

Sep 28 2010 // Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement on...

The Hartford Names Gardiner to Lead Renewable Energy Practice

Sep 21 2010 // The Hartford Financial Services Group Inc. has appointed James Gardiner to lead its new Renewable Energy Unit. The new unit will provide specialized underwriting and a full suite of property and casualty insurance products...

BP Funds Research into Health Effects of Oil Disaster

Sep 20 2010 // Oil giant BP said it is providing $10 million to the National Institutes of Health (NIH) to support a study of potential public health issues relating to the Gulf of Mexico oil disaster and other spill-related health...

The Hartford Targets Renewable Energy Firms with New Insurance Unit

Sep 17 2010 // The Hartford Financial Service Group Inc. has formed a Renewable Energy Unit to address the unique and evolving needs of the rapidly growing renewable energy industry. The new unit will provide specialized underwriting and...

Hurricane Karl Bears Down on Mexico’s Gulf Coast

Sep 17 2010 // Hurricane Karl bore down on Mexico’s central Gulf Coast on Friday, threatening to cause flash floods and mudslides, but it appeared to have spared Mexican offshore oil operations from major damage. Karl, which was...

New Orleans Judge Handling BP Oil Cases a ‘Straight Shooter’

Sep 17 2010 // The judge overseeing hundreds of lawsuits spurred by BP Plc’s Gulf of Mexico oil spill brought his much-noted calm, easy manner to the first major hearing in what could be one of the most complex and costly court...

BP Denies Alabama Claim Over Oil Spill

Sep 17 2010 // BP Plc has turned down Alabama’s claim for $148 million in lost government revenue due to the worst oil spill in U.S. history, the state’s attorney general, Troy King, said Friday. BP denied the claim because...

Judge Urges BP Oil Disaster Litigants to Settle, Avoid Trial

Sep 17 2010 // The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an...

BP, Partners Say Most Oil Victims Should Not Be Allowed to Sue Yet

Sep 17 2010 // BP Plc and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court...