All the headlines from our Energy Topic Page, ordered by recency.
Feb 4 2011 // The Gulf of Mexico should recover from the massive BP oil spill by the end of 2012, the administrator of the $20 billion victims compensation fund said.By that time, most of the harmful effect of the worst offshore oil...
Feb 3 2011 // The administrator of BP Plc’s $20 billion fund to compensate victims of the Gulf oil spill is not independent and the oil company must refrain from calling him “neutral,” a federal judge ruled on...
Feb 2 2011 // BP’s compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a...
Feb 2 2011 // U.S. courts must compel the administrator of BP’s $20 billion oil spill fund to meet his legal obligations and stop short-changing victims of the Gulf of Mexico disaster, Mississippi said on Tuesday.Until now,...
Jan 31 2011 // If President Hosni Mubarak clings to power, investors will re-price Egyptian and regional assets to brace for weeks, months or possibly years of heightened political risk.If he goes, global markets could still react with...
Jan 27 2011 // Mississippi Attorney General Jim Hood is asking for the federal judge in charge of the litigation surrounding the BP oil spill to take over the Gulf Coast Claims Facility process. Hood filed a “Statement of Interest...
Jan 26 2011 // U.S. Democrats Wednesday pressed for new legislation aimed at preventing a repeat of last year’s massive BP oil spill, as Republicans warned that the disaster should not be used to hamper offshore oil and natural gas...
Jan 24 2011 // A White House commission probing BP’s massive oil spill has called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to...
Jan 24 2011 // Claims Chief“I’m absolutely neutral. I’m not BP. I’m trying to run this facility as best I can.” —Attorney Kenneth Feinberg, the man in charge of the Gulf Coast Clams Facility for the BP oil...
Jan 24 2011 // A White House panel probing BP’s massive oil spill has called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face...
Jan 14 2011 // Inland marine insurers now have access to new policy forms designed for insuring property losses to renewable energy generating equipment connected or adjacent to buildings. These new forms were created by the American...
Jan 12 2011 // The administrator of BP’s $20 billion oil spill claims fund has promised fairness and speed in compensating victims, but angry fishermen and business owners are complaining that they’re still not getting what...
Jan 11 2011 // Incoming Alabama Attorney General Luther Strange says he will hold nothing back to make sure the state and its citizens are compensated for all losses because of last year’s massive BP oil spill.Strange said he will...
Jan 11 2011 // White House panel probing BP’s massive oil spill called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face...
Jan 10 2011 // The world’s top three insurance brokers have joined reinsurer Munich Re to promote a major expansion in risk coverage for deepwater drilling in the wake of BP’s disastrous Gulf of Mexico spill last April.Their...
Jan 10 2011 // Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover...
Jan 10 2011 // The oil industry may be to blame for millions of dollars of damage and lost business along Alabama’s coast but it’s the insurance industry that holds the key to the state’s coastal recovery.This truth is...
Jan 6 2011 // Willis Group Holdings announced the creation of a new facility designed to provide additional underwriting capacity for the oil and gas industry.Willis said it had created the facility “in response to requests from...
Jan 5 2011 // BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission said Wednesday.In its...
Dec 31 2010 // As the Gulf oil spill gushed out of control, BP’s financial liabilities seemed big enough to sink the company. No more.Cleanup, government fines, lawsuits, legal fees and damage claims will likely exceed the $40...