All the headlines from our Energy Topic Page, ordered by recency.
Dec 30 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...
Dec 28 2010 // The administrator of BP Plc’s $20 billion compensation fund has paid $43 million to residents of the U.S Gulf Coast who agree not to sue the company for damages stemming from the nation’s worst offshore oil...
Dec 23 2010 // The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the region and one that didn’t do as much harm as feared.The April 20 blowout of...
Dec 22 2010 // 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...
Dec 21 2010 // A woman was indicted last week in the Eastern District of Louisiana for allegedly filing fraudulent claims for compensation due to the Deepwater Horizon oil spill. Four other individuals were also charged last week in...
Dec 21 2010 // 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...
Dec 17 2010 // New Jersey is moving toward making polluters pay the full cost of cleaning up offshore spills.A bill to remove a cap on liability for oil and other spills into coastal waters was passed by the state Senate on Monday and...
Dec 16 2010 // The U.S. Department of Justice has joined the hundreds of lawsuits that have been filed as a result of the Gulf of Mexico oil spill, the largest in U.S. history.The following is a summary of the legal cases stemming from...
Dec 16 2010 // The Obama administration Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of dollars.The lawsuit...
Dec 15 2010 // An Alaska judge has dismissed the state’s claim that BP owes several hundreds of millions of dollars in tax revenues the state claims it lost when the Prudhoe Bay oil field was partially shut down in 2006 because of...
Dec 14 2010 // The U.S. Justice Department is expected to announce as early as Wednesday its first significant legal action stemming from the BP oil spill in the Gulf of Mexico, a federal government source familiar with the matter...
Dec 13 2010 // The agency in charge of paying Gulf of Mexico oil spill claims is requesting information from casinos that could lead to payments to hundreds of gambling employees previously denied damage claims, the head of an industry...
Dec 13 2010 // The administrator of BP Plc’s $20 billion fund to compensate U.S. Gulf Coast residents affected by the oil spill said Monday he would speed up the process by offering quick payments to those who waive their right to...
Dec 6 2010 // Insurance broker Marsh appointed Peter Mavraganis as U.S. leader of its renewable energy practice.Mavraganis, based in New York, will oversee Marsh’s support for its clients in renewable energy development, including...
Dec 5 2010 // The administrator of the $20-billion fund created by BP Plc to compensate Gulf of Mexico oil spill victims has announced plans for processing final payments. Kenneth Feinberg said in a news release that claimants have a...
Dec 3 2010 // The White House oil spill commission Thursday challenged offshore drillers to boost safety standards, detailing proposals for the creation of an independent, self-regulating industry group and reform of government...
Dec 2 2010 // Qantas stepped up pressure on Thursday on engine maker Rolls-Royce to settle damages related to an engine failure on one of its giant Airbus A380 aircraft, but said it would keep the door open for an out-of-court...
Dec 1 2010 // A lack of equipment and personnel has left TransCanada unprepared to deal with a major spill of crude oil on its Keystone pipeline system, according to a report by a nonprofit environmental group.The 60-page report from...
Dec 1 2010 // Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not...
Nov 24 2010 // The administrator of the $20-billion fund created by BP Plc to compensate Gulf of Mexico oil spill victims announced plans Wednesday for processing final payments.Administrator Kenneth Feinberg said in a news release that...