Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
BP, Justice Department Close to Oil Spill Settlement: WSJ
Oct 11 2012 // BP PLC and the U.S. Justice Department are close to a broad deal that would release the company from additional civil and criminal liabilities arising out of 2010 Deepwater Horizon disaster, the Wall Street Journal...
Willis Sees Threats on Horizon for Booming Latin American Energy Industry
Oct 10 2012 // “The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in the Middle East,” warned global insurance broker Willis. Speaking to a gathering of energy...
Gulf States Pressure Obama Over BP Spill Settlement Funds
Oct 8 2012 // Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of...
Louisiana Senator Blasts BP, Coast Guard Over Spill Cleanup
Oct 8 2012 // Louisiana’s Republican U.S. senator recently blasted oil giant BP PLC for what he called its attempt to run from its full cleanup responsibilities for the nation’s worst offshore spill, the 2010 disaster that...
Colorado Officials Take Sides in Fracking Dispute
Oct 8 2012 // Some 60 mayors and city council members from 17 communities have asked Colorado Gov. John Hickenlooper to have the state drop a lawsuit over fracking that challenges oil and gas drilling rules adopted by the city of...
N.M. Court Rules Against Residents Suing Oil Company
Oct 5 2012 // New Mexico’s Court of Appeals has ruled against a group of current and former Hobbs residents who sued an oil company because of illnesses and other damages. The court on Tuesday upheld a Lea County District Court...
Colorado Officials Take Sides in Fracking Dispute
Sep 25 2012 // Some 60 mayors and city council members from 17 communities have asked Colorado Gov. John Hickenlooper to have the state drop a lawsuit over fracking that challenges oil and gas drilling rules adopted by the city of...
Explosion, Fire at Mexico Pemex Gas Facility Kills 26
Sep 19 2012 // An explosion and fire killed at least 26 people at a Pemex natural gas facility in northern Mexico near the U.S. border on Tuesday, one of the deadliest accidents in the oil and gas industry in recent years. Television...
Alabama Officials Mull How to Share Oil Spill Penalty Money
Sep 18 2012 // Local communities should not hire lobbyists as Alabama tries to determine how to dole out at least $1 billion in penalty funds it expects to receive as a result of the 2010 oil spill in the Gulf of Mexico, Alabama Gov....
US Renews Waivers of Iran Sanctions for Japan, EU Nations
Sep 17 2012 // The United States has renewed waivers on Iran sanctions for Japan and 10 European countries because they cut their purchases of the OPEC nation’s crude oil, Secretary of State Hillary Clinton said on Friday. The...
Isaac Tars Louisiana Beaches with Oil from BP Spill
Sep 12 2012 // Two years after the worst offshore oil spill in U.S. history, mats of oily tar from BP Plc.’s ill-fated Macondo well have turned up on Louisiana’s shore after Hurricane Isaac stirred up submerged oil deposits,...
Transocean, U.S. Talking $1.5 Billion Gulf Oil Spill Settlement
Sep 10 2012 // Transocean Ltd. is in discussions with the U.S. Justice Department to pay $1.5 billion to resolve civil and criminal claims from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, the Swiss-based company said on...
BP Executives Sought to Blame ‘Blue Collar Rig Workers’ for Gulf Oil Spill: U.S.
Sep 7 2012 // BP executives wanted to concentrate blame for the Deepwater Horizon oil spill disaster on “blue collar rig workers” in order to save themselves, U.S. government lawyers wrote in a court document that until...
Tar Balls on Coast Part of Isaac’s Aftermath
Sep 6 2012 // Lingering effects of Hurricane Isaac in Louisiana include more than 20,000 electric customers still without power, an estimated 700 people still in shelters and gobs of weathered oil washing ashore along a stretch of...
Pennsylvania Banks, Homeowners Examine Oil and Gas Leases
Sep 5 2012 // When Donald Yost tried to refinance his home about 30 miles north of Pittsburgh in January, he met a roadblock. It wasn’t his credit score — he had a solid rating — or the appraisal he’d paid almost...
Prospects Fade for Early Settlement by BP with U.S. Over Gulf Oil Disaster
Sep 5 2012 // Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on Wednesday after U.S. prosecutors laid out a legal case for gross negligence on which tens of billions of dollars...
Another Disaster Brings Candidates to Gulf Coast
Sep 4 2012 // Mitt Romney wasted no time after accepting the GOP presidential nomination in heading to Louisiana to see the damage from Hurricane Isaac, changing his schedule on the fly to get there the very next day. President Barack...
Commentary: Iran Confident It Is Winning Sanctions War
Sep 4 2012 // Despite ludicrous claims to the contrary, Western sanctions have hurt Iran’s crude oil exports, but it’s also not all gloom and doom. In unsurprising, but obviously factually incorrect, remarks, the director of...
Isaac Brings Relief to U.S. Drought Conditions
Aug 31 2012 // The remnants of Hurricane Isaac continue to cause headaches on Friday, bringing heavy rainfall and the threat of flash flooding to the lower Mississippi Valley as Gulf Coast residents get ready to start their cleanup...
How Iran’s Main Oil Buyers Deal with Insurance Sanctions
Aug 30 2012 // Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo. The EU sanctions are aimed at the protection and indemnity (P&I) clubs based in the EU, which dominate the marine...
