All the headlines from our Energy Topic Page, ordered by recency.
Feb 7 2012 // BP said it was preparing “vigorously” for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices...
Feb 6 2012 // Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion clean up...
Feb 6 2012 // The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report.The 2011...
Feb 6 2012 // Oil giant BP has lost its attempt to shift more than $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion cleanup...
Feb 3 2012 // Banking transactions with Iran and financing for its oil shipments could come under tougher scrutiny after a bipartisan sanctions bill easily passed a key U.S. Senate Committee on Thursday.The Senate Banking Committee...
Feb 2 2012 // On the day the Deepwater Horizon sank, BP officials warned in an internal memo that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a rate of 3.4...
Jan 31 2012 // A federal judge on Tuesday said Halliburton Co. is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the...
Jan 30 2012 // Since the United States couldn’t stop Repsol from drilling for oil off Cuba’s coast, it should make the Spanish oil giant pay dearly for damages from any spill that threatens neighboring Florida, a...
Jan 30 2012 // A former BP employee has filed a whistleblower lawsuit against the company, claiming he was fired for airing concerns about the cleanup of Mississippi’s shoreline after the Gulf oil spill.In a federal suit filed last...
Jan 27 2012 // When severe snowstorms prevented life-sustaining fuel supplies from reaching the frozen Alaskan town of Nome, U.S. officials turned to a Russian company for help.The relief mission through perilous, ice-choked seas was the...
Jan 27 2012 // The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report.The 2011...
Jan 27 2012 // A federal judge on Thursday said BP Plc must indemnify Transocean Ltd. for some compensatory damage claims over the 2010 Gulf of Mexico oil spill.U.S. District Judge Carl Barbier, who oversees multistate litigation over...
Jan 27 2012 // Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean , increasing the possibility BP may have to foot the entire $42 billion clean up...
Jan 19 2012 // BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company...
Jan 18 2012 // New Orleans-based independent petroleum producer McMoRan Exploration Co. posted a fourth-quarter profit on higher oil prices and a settlement of its 2008 hurricane insurance claims, the company reported Jan. 17.For the...
Jan 17 2012 // Willis announced a new strategic alliance with clean energy financier Narec Capital, which it said would “unlock fresh opportunities for firms in the renewable energy market to develop and scale up technologies that...
Jan 17 2012 // Travelers Oil & Gas has enhanced its EnergyPro Control of Well Care, Custody and Control coverage by increasing limits and broadening coverage. More contracts for specialized oil and gas field services, such as...
Jan 13 2012 // Boos, applause and the occasional outburst marked a gathering of about 500 Ohio residents seeking explanations for a series of earthquakes that has hit their area since deep injection drilling came to town.At a news...
Jan 11 2012 // A tropical cyclone bearing down on Western Australia forced the closure of some of the world’s largest iron ore ports and several offshore oil fields on Wednesday, the first major series of shutdowns in what is...
Jan 9 2012 // A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday.The wreck of the Greek-owned Rena...