Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill
Jul 13 2020 // Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions
Jul 13 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill
Jul 7 2020 // Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion roubles ($2 billion) in damages over an Arctic fuel spill in...
Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms
Jul 6 2020 // LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding...
District of Columbia Sues 4 Oil Majors for Misleading Consumers on Climate Change
Jun 26 2020 // The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for “systematically and intentionally misleading”...
Minnesota AG Sues Exxon, Koch and API over Climate Change ‘Deceptions’
Jun 25 2020 // The state of Minnesota has filed a lawsuit against the American Petroleum Institute, Exxon Mobil Corp. and Koch Industries for what it called a decades-long campaign to deceive the public about climate change. The lawsuit...
Oil Firms Slam Brakes on Return-to-Work as Texas Virus Cases Soar
Jun 25 2020 // U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients. A record number of...
Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks
Jun 23 2020 // In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of...
Sustainable Recovery Plan Pitching Pandemic as Opportunity to Grow Greener
Jun 18 2020 // Economic growth can be boosted, jobs can be saved or even created and greenhouse gas emissions can be cut if we take advantage of the worldwide changes that have occurred as we hunkered down in response to the COVID-19...
Marsh JLT Specialty Expands Renewable Energy Team with Appointments in Canada, UK
Jun 15 2020 // Insurance broker Marsh announced two senior appointments within Marsh JLT Specialty’s Renewable Energy team, as part of its continued expansion in the global renewable energy sector. Joanne Silberberg has been...
Unprecedented Arctic Diesel Spill Angers Putin and Could Force Green Reform in Russia
Jun 11 2020 // The mishandling of the biggest Arctic oil spill ever infuriated Russian President Vladimir Putin and could give a boost to the country’s environmental regulation. MMC Norilsk Nickel PJSC, Russia’s biggest...
Major Fuel Spill in Russian Arctic Moves Closer to Arctic Ocean: Regional Official
Jun 10 2020 // Diesel fuel from a major spill in Russia’s Arctic has reached a pristine lake which is the basin for a river flowing into the Arctic Ocean, a regional official said on Tuesday, but the mining giant embroiled in the...
Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom
Jun 10 2020 // The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew insurance liability coverage...
Storm Cristobal Brings Heavy Rains, Storm Surge to Louisiana
Jun 7 2020 // Sunday, June 7 – Tropical Storm Cristobal on Sunday slowed its advance through the Gulf of Mexico, bringing a coastal storm surge, high winds and rain to southeast Louisiana, where it is expected make landfall later...
Massive Fuel Spill in Siberia Blamed on Melting Permafrost – or Climate Change
Jun 4 2020 // A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining company involved said the catastrophe may have been caused by climate change. Scientists have warned for years...
Amid Pandemic, Oil Refineries, Offshore Drillers Face Hurricane Challenges
Jun 4 2020 // As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this...
Some Gulf of Mexico Oil Rigs Evacuate Workers as Tropical Storm Cristobal Threatens
Jun 3 2020 // BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the...
Investors, Bondholders Sue Occidental Over Anadarko Merger
Jun 1 2020 // Occidental Petroleum Corp. has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7...
U.S. Court Says State Courts Are Proper Forum for Climate Suits Against Big Oil
May 29 2020 // Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected...
After Big Oil Loses Appeal, Climate Suits Appear Headed to California Courts
May 28 2020 // Big Oil lost a pair of court battles this week that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected...
