Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
How a Runaway Train Devastated Canadian Town; 13 Dead, 37 Missing
Jul 9 2013 // The short length of track, nestled in a dark pine and birch forest in Quebec, is a regular overnight stop for freight trains hauling crude oil and other raw materials across North America. Normally, before retiring for the...
Judges Question BP Over Its Objections to Oil Spill Claims Payouts
Jul 9 2013 // BP Plc drew tough questions on Monday from U.S. appeals court judges hearing a complaint by the oil company objecting to the payment of certain claims for damages related to the Gulf of Mexico spill, casting doubt on...
Five Dead, 40 Missing After Crude Oil Freight Train Explosion in Canada
Jul 7 2013 // At least five people died and 40 were missing on Sunday after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by...
Florida Consortium Reaches Deal on Use of Oil Spill Payments
Jul 3 2013 // Gov. Rick Scott and the Gulf Consortium – a group comprising 23 Gulf Coast counties – have reached a deal for using recovery funds related to the Deepwater Horizon oil spill, the governor’s office...
Lawyers Feast on ‘Crazy’ BP Gulf Oil Spill Claims
Jul 2 2013 // Until this year, Tampa attorney Kevin McLean specialized in suing nursing homes for neglecting patients. In January he switched the focus of his practice to a fund BP Plc established to compensate business losses from the...
Canada Seeks $1B Clean-Up Fund by Major Oil Pipelines
Jun 27 2013 // Companies operating major crude oil pipelines in Canada will be required to have C$1 billion ($954.97 million) available to fund clean ups from any spills, the Canadian government said on Wednesday. Joe Oliver,...
Australian Safety Regulator Faults Rolls-Royce over Qantas Engine Explosion
Jun 27 2013 // Rolls-Royce Plc repeatedly failed to identify a defect that caused one of its engines to explode on a Qantas Airways Ltd aircraft carrying more than 400 people over Indonesia three years ago, an Australian safety regulator...
BP Using Advertising to Fight Gulf Oil Spill Claims Formula
Jun 26 2013 // Britain’s BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appeal court...
Commentary: Breathing New Life into Climate Policy
Jun 26 2013 // Shale has killed climate policy. Now the International Energy Agency (IEA) is trying to bring it back to life. Following the shale revolution, policymakers can no longer count on peaking oil and gas supplies and soaring...
Calgary Flood Caused Power Outages May Last Months; Insurance Coverage Minimal
Jun 24 2013 // Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller communities in southeastern...
Plaintiffs: BP Acted With Gross Negligence in 2010 Spill
Jun 23 2013 // BP Plc and its contractors should be found grossly negligent for their actions in the April 2010 blowout of the Macondo well and the subsequent Gulf of Mexico oil spill, plaintiffs’ lawyers told a judge. U.S....
Reports: 236 Oil, Gas Sites in New Mexico Failed Inspections
Jun 18 2013 // About 85 percent of 276 oil and gas well sites inspected in southeastern New Mexico over the past six weeks have failed to pass after-the-fact electrical safety inspections. Correction notices were issued to those sites...
Chrysler’s Recall Refusal of 2.7M Jeeps Could Invite Major Liability
Jun 10 2013 // A defiant Chrysler is refusing to recall about 2.7 million Jeeps the government says are at risk of a fuel tank fire in a rear-end collision. The National Highway Traffic Safety Administration sent Chrysler a letter asking...
Fracking Companies Silence Water Complaints With Sealed Settlements
Jun 10 2013 // Chris and Stephanie Hallowich were sure drilling for natural gas near their Pennsylvania home was to blame for the headaches, burning eyes and sore throats they suffered after the work began. The companies insisted...
BP Oil Spill Claims Chief Bracing for Surge in Claims
Jun 3 2013 // The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims says he is already bracing for a late surge in filings. Patrick...
Lower Ice Levels, Rule Changes to Boost Arctic Northern Sea Route
May 30 2013 // Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030, experts said on Wednesday. With...
Iran Offers Insurance to India; Refiners Snub Plan
May 28 2013 // Iran has offered insurance to Indian refiners in a bid to boost its crude oïl sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. The offer was made...
U.S. Accountants Group Backs BP on Curbing Oil Spill Payouts
May 23 2013 // A group of U.S. accounting professors is backing BP’s fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the...
Obama Administration Releases Proposed Fracking Regulations
May 17 2013 // The Obama administration on Thursday unveiled a new proposal for regulating hydraulic fracturing on federal lands, rolling back some measures from its original, abandoned draft as it sought to ease concerns the rules would...
BP Oil Spill Claims Chief Braces for Surge in Filings
May 17 2013 // The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge in...
