Latest Energy Headlines

All the headlines from our Energy Topic Page, ordered by recency.

BP Oil Spill Settlement Goes Towards Louisiana Shoreline Construction

May 17 2022 // Louisiana has begun construction of a $67 million project to create miles (kilometers) of oyster reefs to protect the shoreline in a New Orleans suburb.Money for the Biloxi Marsh Living Shoreline comes from an $8.8 billion...

$230M Settlement Reached in 2015 California Oil Spill

May 16 2022 // The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners,...

Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability

May 12 2022 // Marsh Launches Renewable Energy FacilityInsurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...

OSHA Fines Oil Company $454K in North Dakota Explosion

May 10 2022 // An investigation by the U.S. Department of Labor Occupational Safety and Health Administration determined that an oil company’s failure to take adequate safety precautions contributed to a drilling site explosion...

EU to Weaken Russia Oil Sanctions, but Keeps Plan to Prohibit Insurance of Shipments

May 9 2022 // The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a key shipping provision that will hinder Moscow’s ability to export its crude.The...

April Blizzards Drive Down North Dakota Oil Production

May 4 2022 // State officials officials say a pair of blizzards that smacked North Dakota in April caused a dramatic reduction in oil production. The Bismarck Tribune reported that State Mineral Resources Director Lynn Helms provided...

EU Seeks to Target Russia’s Global Oil Exports With Insurance, Services Ban

May 4 2022 // The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair Moscow’s ability to ship its oil anywhere in the world.The bloc is proposing to...

Allianz Plans to Take Harder Line on Insuring Fossil Fuel Industry to Meet Climate Goals

May 3 2022 // Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of efforts to align its underwriting policies with the world’s climate goal, the company said on...

50 Big Corporations Pushing Congress for Clean Energy Tax

Apr 28 2022 // As Congress is poised to return from a break, nearly 50 major reporting at least $200 million in annual revenue urged lawmakers to pass an economic package with massive investments into clean energy projects.A letter from...

India’s ONGC Struggles to Ship Russian Oil to Asia as Sanctions Bite: Sources

Apr 28 2022 // India’s Oil and Natural Gas Corp. (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from Russia’s Far East, in a growing sign that complex trades involving one of Moscow’s biggest...

U.S. Lawmakers Push Insurers to Stop Underwriting Fossil Fuels

Apr 27 2022 // A group of Democratic lawmakers, mostly members of the Congressional Progressive Caucus, have asked some of the nation’s biggest insurance companies to stop underwriting new fossil fuel projects that contribute to...

Climate Votes Fought by Major Oil Companies Get Key Backing

Apr 26 2022 // An investor-led push for major oil companies to set climate goals in line with the Paris agreement won support from a key proxy advisory firm for the first time, setting up a showdown at upcoming shareholder...

12,000 Gallons of Petroleum Products Spilled in Oregon Fire

Apr 19 2022 // Environmental cleanup is underway following a fire at a gas station in Medford, Oregon.The Oregon Department of Environmental Quality said that over 12,000 gallons of various petroleum products, mostly lube oil, were...

Oil Firms, Including ExxonMobil, Obtain Injunctions to Stop UK Climate Protests

Apr 19 2022 // Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on...

Update: Greece Seizes Russian Crude Oil Tanker as Part of EU Sanctions

Apr 19 2022 // Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine.Earlier this month, the EU banned...

California Insurance Commissioner Launches Report and Site Outlining Insurer Fossil Fuel Investments

Apr 18 2022 // California Insurance Commissioner Ricardo Lara on Monday issued a new report and webpage detailing insurer investments in fossil fuels.The report is a study of fossil fuel investments by insurers, identifying insurance...

Reuters – Oil Traders to Cut Russia Oil Purchases to Avoid Falling Foul of EU Sanctions

Apr 14 2022 // Major global trading houses are planning to reduce crude and fuel purchases from Russia’s state-controlled oil companies as early as May 15, sources said, to avoid falling foul of European Union sanctions on...

Baltimore Gains State Court Edge It Sought in Climate Change Suit Against Big Oil

Apr 8 2022 // Big oil firms totally failed to make a federal case in their defense of a lawsuit seeking to hold them accountable for damages caused by climate change.The city of Baltimore won its fight to have its climate change lawsuit...

Qatar Airways Says A350 Surface Flaws Cause Risk of Fuel Tanks Igniting

Mar 31 2022 // Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its contention that safety is at stake in its acrimonious legal dispute with the planemaker.In documents...

Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery

Mar 25 2022 // U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.The announcement was...