Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Penn. Regulators Offer Tips to Avoid Turkey Frying Homeowners Catastrophe
Nov 26 2013 // The Pennsylvania Insurance Department and the Office of the State Fire Commissioner are cautioning consumers to be extra careful when considering deep frying a turkey as part of the Thanksgiving celebration. While a tasty...
Iran Nuclear Deal Easing Up on Shipping Insurance Could Help Oil Sales
Nov 25 2013 // Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big Asian...
Arkansas Oil Spill Damages Exceed $70M, Exxon says
Nov 22 2013 // ExxonMobil estimates that the March oil spill in an Arkansas subdivision has caused more than $70.5 million in damages for the company, according to documents recently filed with the federal government. The figures were...
Suncor in Colorado To Pay $1.9 Million To Settle Oil Lawsuit
Nov 20 2013 // Suncor oil refinery operators have agreed to pay $1.9 million to settle a lawsuit by federal and state authorities over a toxic spill that contaminated Sand Creek and the South Platte River. A consent decree filed in U.S....
Builder Claims Drilling Rights Under 2,500 Florida Homes: Report
Nov 18 2013 // When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon, Florida subdivision of Whispering Oaks. With well-manicured lawns, it looked fresh and untouched, with...
Zurich Insurance Boosts Investment in Clean Energy Bonds
Nov 18 2013 // Zurich Insurance Group AG, Switzerland’s biggest insurer, said it will spend as much as $1 billion on green bonds, making it the largest investor in such clean-power securities. The insurer has appointed BlackRock...
2 Louisiana Parishes File Suits Against Oil Companies
Nov 14 2013 // Two southeast Louisiana parishes filed multiple lawsuits against numerous oil and gas companies, claiming they failed to restore damage their operations did to coastal areas while releasing toxic pollutants, in violation...
Gulf Shrimper Pleads Guilty to Defrauding Oil Spill Claims Fund
Nov 13 2013 // A Mississippi man has pleaded guilty to a fraud charge involving $36,300 he received in oil-spill recovery money. The Sun Herald reported that Joseph Anthony Clements will be sentenced Jan. 30 in federal court in...
Alabama Oil Train Derailment Raises New Crude-by-Rail Safety Questions
Nov 11 2013 // The second explosive oil-train derailment this year, which has finally burned out in rural Alabama, may raise new questions about the safety of the crude-by-rail boom, pointing to problems beyond those that surfaced...
Oil Tank Train Derails in Alabama; Cars Erupt in Flames
Nov 10 2013 // Several oil tank cars that burst into flames after a train derailed in rural Alabama were expected to keep burning into Saturday, potentially reigniting the push for tougher regulation of the boom in moving oil by...
BP Oil Spill Settlement Opponents Ask Court to Rescind Approval
Nov 4 2013 // Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement. The...
India’s Iran Oil Imports Drop as Refiners Await Insurance Fund
Oct 29 2013 // India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut purchases from the sanctions-hit nation while waiting for New Delhi to back local insurers covering plants...
USGS: Quakes in Central Oklahoma Here to Stay
Oct 28 2013 // Prague, a central Oklahoma town of 2,400, claims two things as its own: Olympian Jim Thorpe and an annual kolache festival that honors its Czech heritage every May. Some locals here say the place should be known for a...
Insurance Industry to Benefit from Clean Energy Boom
Oct 21 2013 // The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a report by Bloomberg New Energy Finance. The report, commissioned by Swiss Re, looked...
Texas Oil and Gas Association Earns $500K Texas Mutual Dividend
Oct 18 2013 // Texas Mutual Insurance Co. announced that the Texas Oil and Gas Association (TxOGA) has earned a $500,000 workers’ compensation dividend. “The Texas oil and gas industry is experiencing a resurgence, and our...
Pirate Attacks by Heavily Armed Gangs Surge off Nigerian Coast
Oct 18 2013 // Pirate attacks off Nigeria’s coast have jumped by a third this year with ships passing through West Africa’s Gulf of Guinea, a major commodities hub, increasingly under threat from gangs wanting to snatch...
Ex-Halliburton Manager Pleads Guilty in BP Case
Oct 16 2013 // A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of...
Icebergs, Insurance Hamper Top of the World Shipping Route
Oct 16 2013 // The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental...
Feds Seek Stay in Lawsuit over Exxon Arkansas Oil Spill
Oct 11 2013 // Federal prosecutors in Arkansas asked a judge to stay proceedings in their lawsuit against ExxonMobil Pipeline Co. because of the federal government shutdown. The U.S. attorney for the Eastern District of Arkansas, Chris...
Tens of Thousands Flee Vast Cyclone Phailin Bearing Down on India
Oct 11 2013 // Tens of thousands fled their homes in coastal areas of eastern India and moved to shelters on Friday, bracing for the fiercest cyclone to threaten the country since a devastating storm killed 10,000 people 14 years...
