Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
BP to Attach New Cap on Leaking Oil Gusher
Jul 12 2010 // BP Plc said it expects to attach a new containment cap later Monday that should more than triple the amount of oil being collected from the energy giant’s leaking Gulf of Mexico wellhead. “We have the cap very...
Lloyd’s Won’t Insure or Reinsure Petroleum Shipments for Iran
Jul 9 2010 // Lloyd’s of London will not insure or reinsure petroleum shipments going into Iran, the insurance market said on Friday. U.S. President Barack Obama signed into law last week far-reaching new sanctions that aim to...
How Should BP Handle Claims by Churches, Nonprofits?
Jul 8 2010 // God only knows what will happen to churches and other nonprofit organizations that say they are struggling for survival because of the Gulf oil spill crisis. Months after the Deepwater Horizon rig exploded and its well...
Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions
Jul 6 2010 // Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the...
Marsh Warns Gulf Oil Disaster Insureds of July 8 Notice Deadline
Jul 6 2010 // Insureds facing the possibility of losses from the BP oil disaster in the Gulf of Mexico are being advised to submit their written notice to their insurance carriers as soon as possible and no later than July 8, 5 p.m....
For Gulf Oil Disaster Victims, Claims Process Improves for Some
Jul 5 2010 // The first time Louisiana shrimp boat captain Louis Buteaux filed a claim with BP Plc to recoup oil spill losses, he was told he didn’t have enough paperwork to prove he actually was the skipper. So he only got $2,500...
Louisiana AG to Feinberg: Keep State in the Loop
Jul 5 2010 // While the claims process related to the BP oil spill may be improving, Louisiana Attorney General Buddy Caldwell still wants to keep tabs on it. A Louisiana district court judge in June approved Caldwell’s request to...
Report EU Energy Commissioner to Issue Oil Spill Rules
Jul 2 2010 // EU Energy Commissioner Guenther Oettinger plans to issue additional requirements for operators of oil platforms in European waters in the autumn, he said in a German media interview published on Friday. The requirements...
Bad Weather Hinders BP Oil Cleanup; Oil Invades More Wetlands
Jul 2 2010 // Tropical storm Alex slowed oil spill clean-up and containment work in the Gulf of Mexico and drove more petroleum into fragile Gulf wetlands and beaches Thursday, with any permanent fix to BP Plc’s ruptured deep-sea...
Hurricane Alex Weakens to Tropical Storm
Jul 1 2010 // Hurricane Alex weakened to a tropical storm Thursday as it moved further inland over northeastern Mexico, dumping heavy rains that flooded cities but sparing U.S. oil facilities near its path. Rain from the first named...
Hurricane Alex Could Reach Land Today in Mexico, Texas
Jun 30 2010 // Hurricane Alex strengthened in the Gulf of Mexico early Wednesday and was expected to make landfall later in the day but skirt Mexican oil rigs and U.S. oil fields, alleviating concerns in crude markets. The first named...
Special Reuters Report: Oil Spill a Gusher for Lawyers; Litigation May Take Years
Jun 30 2010 // BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a...
More Oil Spills to Come, Says Professor
Jun 30 2010 // The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in St....
Senate Committee Votes to End Oil Spill Liability Cap Retroactively
Jun 30 2010 // A U.S. Senate committee Wednesday voted to eliminate limits on liability that oil companies would face for damages stemming from offshore spills like the one in the Gulf of Mexico. The change, if approved and made law,...
Hurricane Alex to Hamper BP’s Gulf Oil Disaster Containment Effort
Jun 29 2010 // Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper BP Plc’s latest efforts to contain the largest oil spill in U.S. history. Shares in London-based...
BP Says Storm Waves Will Delay Oil Capture
Jun 28 2010 // BP Plc’s plan to increase oil-capture capacity this week at the Gulf of Mexico leak to up to 53,000 barrels a day will be delayed by high waves expected to be generated by Tropical Storm Alex, a company executive...
A Look at the More Than 240 Lawsuits Against BP in U.S.
Jun 25 2010 // BP Plc faces at least 243 U.S. lawsuits so far arising from its role in the Gulf of Mexico oil spill, in what is considered by some the biggest environmental disaster in U.S. history. The vast majority of the lawsuits have...
Louisiana Gov. Adds to Attorney General’s Coffers for BP Investigation
Jun 24 2010 // Louisiana Governor Bobby Jindal has designated another $5 million – for a total of $10 million – of the $25 million block grant provided by BP to Attorney General Buddy Caldwell’s office to support...
Gulf Oil Disaster Cleanup Workers Risk Health Problems
Jun 23 2010 // Workers struggling in the heat to clean up oil from the the ruptured BP well in the Gulf of Mexico risk short-term lung, liver, and kidney damage from fumes, experts said Tuesday. Studies of the health effects after seven...
Florida Court Says Fishermen Can Sue Polluter; Is BP Next?
Jun 23 2010 // With BP’s offshore oil gusher in the Gulf of Mexico as a backdrop, the Florida Supreme Court has ruled that commercial fishermen can sue a company that discharged pollutants into Tampa Bay for lost income and profits...
