Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Oil Field Service Companies Face Lawsuit for Alleged Sexual and Racial Harassment
Oct 17 2024 // Oil field service companies Bigfoot Energy Services and Iron Mountain Energy Services, operating as a single employer, violated federal law by failing to prevent widespread sexual and racial harassment in their workforce,...
Oregon County Adds Utility to $51B Climate Suit Against Fossil Fuel Companies
Oct 16 2024 // Oregon’s Multnomah County, home to Portland, has added the state’s largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies over their role in the region’s deadly...
Two Killed After Leak at Texas Oil Refinery Worked for Maintenance Subcontractor
Oct 15 2024 // DEER PARK, Texas (AP) — Two employees killed when hydrogen sulfide leaked at a Houston-area oil refinery were employees of a subcontractor performing maintenance work, the director of Pemex, Mexico’s state-owned...
Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says
Oct 10 2024 // The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim Finance said on Wednesday. Some European insurers,...
Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea
Oct 1 2024 // An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from attacking commercial shipping. The...
Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil
Sep 30 2024 // Singapore-flagged oil tanker EM Longevity made its final voyage almost three years ago, after more than two decades at sea. Earlier this month, ship-tracking data showed it arriving at a Chinese port, loaded with crude and...
Markets/Coverages: Guernsey Insurer Paratus to Offer Renewable Power Insurance
Sep 27 2024 // Paratus Holdings Ltd., the Guernsey-based re/insurance group, announced that Paratus Renewables Insurance Ltd. has been granted regulatory approval by the Guernsey Financial Services Authority (GFSC) to provide insurance...
Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe
Sep 20 2024 // Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by forcing some vessels out of...
Russian Insurers Play Growing Role in Facilitating Oil Exports to Top Buyer India
Sep 18 2024 // Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow’s export revenue...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk
Sep 18 2024 // Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those...
Big Oil Companies Defeat Consumer Lawsuit Over Production, Prices
Sep 17 2024 // Several oil companies including Exxon Mobil and Chevron defeated an appeal on Monday by consumers who accused them of colluding with former U.S. President Donald Trump, Russia and Saudi Arabia to cut oil production,...
EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis
Sep 16 2024 // The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away. “The tug boats have successfully connected to the...
Texas is Close to Adopting Revised Oil and Gas Waste Rules
Sep 13 2024 // Texas is inching closer to adopting revised oil and gas waste management rules for the first time in four decades. The Railroad Commission of Texas announced the draft rule at its Aug. 15 meeting and is now soliciting...
Burning Houthi-Hit Oil Tanker Set for Fresh Rescue Effort
Sep 13 2024 // Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red Sea for over three weeks after it was attacked by Houthi militants, the European Union naval force in the...
Tropical Storm Francine Strengthens, Spurring Oil Shutdowns
Sep 9 2024 // Tropical Storm Francine strengthened as it moved north in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US Coast Guard warned shippers of approaching...
Gulf of Mexico Oil Drilling Under Threat From Government Impasse
Sep 5 2024 // A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the...
Salvage of Stricken Oil Tanker in Red Sea Expected in Coming Days, Sources Say
Aug 30 2024 // A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on...
EU Mission in Red Sea Says no Oil Spill From Tanker Damaged in Houthi Attack
Aug 29 2024 // The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near the Greek-flagged tanker hit by a fiery Houthi militant attack off Yemen’s coast. The mission, called...
Houthis Say Tugs Can Tow Away Stricken Oil Tanker Attacked in Red Sea
Aug 29 2024 // Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might to help avert an environmental disaster. The 900-foot Sounion was hauling...
Red Sea Insurance Nearly Doubles After Attacked Oil Tanker Appears to Be Leaking Oil
Aug 28 2024 // The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for the trade route, industry...
