Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Judge Sides with Polluted Kansas Town Over Big Oil
Sep 25 2008 // After three days of deliberation in one of the longest jury trials ever held in Kansas, a jury in January left residents in a southeast city stunned. The panel had decided that the city of Neodesha was not entitled to...
Wisconsin Utility Workers Diverted from Texas to Ohio
Sep 17 2008 // Utility crews from Wisconsin Public Service prepared to go to Texas on Septembr 15 to help restore power to victims of Hurricane Ike have been redirected to Ohio. Ten crews are responding to a request from American...
Houston’s Corporate Giants Idled by Hurricane Ike
Sep 15 2008 // It’s not quite business as usual in Houston Monday after Hurricane Ike knocked out power to millions, shattered skyscraper windows and wiped out water pressure in the nation’s energy hub. In the midst of an oil...
Hurricane Ike Idles Texas Oil Industry, Threatens Floods
Sep 12 2008 // Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas Friday, leaving most production idled and threatening a fifth of the nation’s refining capacity with howling winds and a possible...
Ferocious Hurricane Ike in Gulf of Mexico, Headed for Texas
Sep 11 2008 // Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or...
Insurers Estimate Gustav Claims as HIgh as $10 Billion
Sep 4 2008 // Residential and commercial damages from Hurricane Gustav will trigger an estimated $4 billion to $10 billion in insurance claims, a third of which could affect the energy industry. While Gustav’s force paled in...
Gustav only Sideswipes New Orleans
Sep 3 2008 // New Orleans can get back to its comeback. Traumatized after losing their homes when Hurricane Katrina’s floodwaters broke through the levees that protect this city, Hurricane Gustav ended up a mere interruption in...
As Gustav Winds Down, New Orleans Eyes Damage
Sep 2 2008 // A still-largely deserted New Orleans Tuesday prepared to take stock of damage from Hurricane Gustav after rebuilt levees appeared to hold off a repeat of the flooding caused by Katrina three years earlier. Gustav roared...
Estimate of Insured Losses from Gustav Between $2 and $4.5 Billion
Sep 2 2008 // One risk modeling firm estimates that insured losses to onshore properties in the U.S. are between $2 billion and $4.5 billion, with an expected loss of $3 billion due to Hurricane Gustav. According to AIR Worldwide...
Oil Industry Battens Down As Gustav Threatens Gulf
Aug 28 2008 // Oil companies ramped up preparations to evacuate some facilities as Hurricane Gustav made its way toward the U.S. Gulf of Mexico, becoming a potential threat to the region’s extensive oil and natural gas...
International Chamber of Commerce is Pessimistic on Global Economy
Aug 21 2008 // The International Chamber of Commerce (ICC) reported from its Paris office that its “ICC/Ifo global climate index in July fell for the fourth consecutive quarter in a row since sentiment became downbeat last summer,...
Thousands of Federally Placed Underground Fuel Tanks Could Leak
Aug 14 2008 // The government owns hundreds of underground fuel tanks — many designed for emergencies back in the Cold War — that need to be inspected for leaks of hazardous substances that could make local water...
Hearing Examines Wreck That Caused New Orleans Oil Spill
Aug 13 2008 // Storms in New Orleans halted work to clean up oil spilled along the Mississippi River as the Coast Guard prepared Aug. 11 for a hearing about who is to blame for the wreck that caused the spill in late July. Officials...
On a Roll, Oklahoma Expected to Add Jobs This Year
Aug 8 2008 // Oklahoma added 22,500 jobs last year as the energy sector fueled an employment growth rate of 1.4 percent, sixth highest among all states, according to a newly released report. “We’re growing 1 percent faster...
Storm Edouard Shuts Gulf Coast Oil Port, Disrupts Shipping
Aug 4 2008 // Tropical Storm Edouard forced shut a huge U.S. offshore oil port, a refinery, some oil production and disrupted shipping as the storm raced toward the Texas-Louisiana coast Monday. Energy companies evacuated staff from...
Flooding in Indianapolis’ Lucas Oil Stadium Adds $5.6M to Cost
Jul 30 2008 // Flooding in Indianapolis’ Lucas Oil Stadium is expected to add more than $5 million to the cost of the new home of the Indianapolis Colts, officials said. The Indiana Stadium and Convention Building Authority...
Oil and Gas Group Earns $2.9M Texas Mutual Dividend
Jul 11 2008 // Texas Mutual Insurance Company announced a $2,903,340 dividend to the Texas Oil & Gas Association (TxOGA) workers’ compensation group discount program. The dividend was based largely on the group’s premium...
Supreme Court Rules $2.5 Billion Exxon-Valdez Damages Excessive
Jun 25 2008 // The Supreme Court Wednesday overturned the record $2.5 billion in punitive damages that Exxon Mobil Corp had been ordered to pay for the 1989 Exxon Valdez oil spill off Alaska. The nation’s highest court ruled that...
Montana High Court Rejects Compensation Board’s Lawsuits
Jun 9 2008 // The Montana Supreme Court has upheld a lower court’s rulings against the state Petroleum Tank Release Compensation Board. The board had sued four insurance companies for compensation for more than $2 million in...
International Energy Agency Urges $45 trillion ‘Energy Revolution’ to Halve CO2
Jun 6 2008 // World governments must quickly start a $45 trillion “energy technology revolution” that could drive up the cost of producing carbon ten-fold, or risk emissions surging by 2050, the West’s energy watchdog...
