Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks
May 16 2019 // Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry...
Explosion on Oil-Industry Ship in Caspian Sea Injures 14 People
May 10 2019 // An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship’s operator, Italian engineering firm Saipem, said on Thursday. The ship, the Israfil Huseynov, was involved in...
Petroleum Industry Revises Standard for Reducing Workers’ Fatigue
May 6 2019 // The American Petroleum Institute issued on Thursday a revised standard aimed at reducing fatigue among workers in the nation’s refineries and chemical plants, the trade group said. The fatigue standard, officially...
Powerful Cyclone Hits India’s East Coast, Forcing Evacuation of More Than 1 Million
May 3 2019 // A category 4 storm with strong winds and heavy rain made its landfall on India’s east coast, with authorities evacuating more than 1 million people to safer places. Flight and train services remained shut. Cyclone...
U.S. Eases Offshore Drilling Rules Adopted After Gulf Oil Spill
May 3 2019 // The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S....
Texas Senate Panel Weighs Input on Stronger Storage Tank Regulations
May 2 2019 // Weeks after a massive fire at a Houston-area petrochemical storage facility garnered national attention, a panel of state lawmakers heard dueling testimony Monday night on a bill that would strengthen state oversight of...
Exxon Will Pay $1M Penalty for Montana Oil Spill
May 1 2019 // Exxon Mobil Corp. agreed to pay a $1.05 million penalty to settle alleged federal water pollution violations from an oil pipeline break into Montana’s Yellowstone River, according to court documents filed...
California Insurance Commissioner Rejects Petition to Require Fossil Fuel Underwriting Disclosure
Apr 23 2019 // California’s new insurance commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists. California Insurance Commissioner Ricardo Lara, who put battling climate...
New Crop of Satellites Will Identify Biggest Contributors to Climate Change
Apr 18 2019 // A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig. More than a dozen governments and companies have or are planning to launch...
Contaminated Oil Linked to U.S. Reserves Raises Safety Concerns
Apr 15 2019 // Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil it purchased last year from the Energy...
Renewable Energy Industry Sees Uptick in Claims
Apr 15 2019 // The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy...
Report: North Dakota Oil Region Has Majority of Truck-Involved Crashes
Apr 7 2019 // Two crashes that took four lives have resurrected concerns about the safety of a bypass in New Town, North Dakota, and the issue of truck driver fatigue. The Highway 23 bypass, dubbed the New Town Truck Reliever Route, was...
Chemical Plant Fires Renew Safety Debate in Oil-Friendly Texas
Apr 7 2019 // Two major chemical plant fires near Houston just 17 days apart closed schools, leaked toxic chemicals into coastal waters and killed a worker, but there’s a good chance they won’t lead to big industry...
Why Insurance Claims in Renewable Energy Industry Are Rising
Apr 4 2019 // The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy...
New Orleans Sues Energy Firms Over Coastal Erosion
Apr 1 2019 // The City of New Orleans is suing various oil and gas companies over coastal erosion. Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s...
California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs
Mar 28 2019 // Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose...
Engine Failure on Luxury Cruise Ship Blamed on Low Level of Engine Lubricating Oil
Mar 28 2019 // The engines of a luxury cruise ship that narrowly escaped disaster during a storm off Norway on Saturday failed because of relatively low levels of lubricating oil in the engines, the Norwegian Maritime Authority said on...
Global Carbon Emissions Hit Record in 2018 on Higher Fossil Fuel Consumption
Mar 27 2019 // Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India. Those findings...
Climate Activists Petition for Carriers in California to Reveal Fossil Fuel Insureds
Mar 21 2019 // More than 60 environmental, consumer and social justice organizations on Thursday delivered a petition to California Insurance Commissioner Ricardo Lara seeking what is believed would be the first regulations in the nation...
RSG Affiliate PERse Opens Miami Office, Makes 3 Staff Appointments
Mar 20 2019 // PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new...
