Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
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...
Greenhouse Gas Milestone; CO2 Levels Set Record
May 13 2013 // Worldwide levels of the chief greenhouse gas that causes global warming have hit a milestone, reaching an amount never before encountered by humans, federal scientists said. Carbon dioxide was measured at 400 parts per...
Florida Becomes 4th State to Sue BP Over Oil Spill
May 6 2013 // Florida has filed a lawsuit against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek damages for the 2010 disaster. The suit faults BP for not...
Exxon Confirms Oil Spill in Missouri
May 1 2013 // Exxon Mobil confirmed on Wednesday that an oil spill occurred Tuesday on its Pegasus crude pipeline in Ripley County, Missouri, the same line that ruptured thousands of barrels of oil into an Arkansas neighborhood at the...
BP Hit By Wave of Gulf Oil Spill Claims As Deadline Approaches
Apr 30 2013 // BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake their claim before their right...
New York City Sues BP for Pension Losses Over 2010 Gulf Oil Spill
Apr 28 2013 // New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city’s pension funds sustained due to BP’s “misconduct and fraudulent behavior” linked...
