Latest Energy Headlines

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

Freak Weather Risks India’s Renewable Energy Goals, Affecting Insurers, Lenders

Jul 17 2019 // India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather.Freak climatic conditions are damaging renewable energy...

California Regulators Say Chevron Not Doing Enough to Stop Oil Spill

Jul 16 2019 // California regulators say Chevron has not done enough to stop a massive oil spill that dumped about 800,000 gallons of crude oil and water into a Kern County canyon, and they want the company to take further action to halt...

Wisconsin Court: Extra Insurance Not Needed for Enbridge Pipeline in Dane County

Jul 15 2019 // The Wisconsin Supreme Court ruled on June 27 that Canada-based Enbridge Energy doesn’t need to carry additional insurance for a pipeline project in Dane County, despite the local government’s insistence that it...

Now a Tropical Storm, Barry Takes Aim at Louisiana

Jul 11 2019 // Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans.The system, which was about 95 miles (153...

UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf

Jul 11 2019 // The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic...

As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output

Jul 10 2019 // U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in the U.S. Gulf of Mexico, as a storm threatened oil-producing areas.Anadarko Petroleum Corp., the...

Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise

Jul 9 2019 // Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of...

The Mounting Cost of Piracy off Coast of West Africa: Opinion

Jul 3 2019 // Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of dollars, and gave Tom Hanks yet another chance to play the everyman overcoming a...

Britain’s Green Finance Strategy Could Mandate Corporate Climate Risk Disclosure

Jul 2 2019 // British public companies and pension funds may have to publish by 2022 what risks their businesses face from climate change under a new so-called green finance strategy.Britain last week became the first G7 country to sign...

Oklahoma Oil Rig Count Down 27% Year Over Year

Jul 2 2019 // The number of working oil rigs in Oklahoma is down more than a quarter from this time last year, amid a nationwide decrease. Oilfield services firm Baker Hughes reported 102 rigs operating in the state on June 28. The...

Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022

Jul 1 2019 // Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its actions range from committing to UN targets for global temperature...

Proposed California Wildfire Board Could Operate Partly in Secret

Jul 1 2019 // A closely watched wildfire law proposed by California Gov. Gavin Newsom would exempt a new safety board from some of the state’s government transparency laws.The Wildfire Safety Advisory Board would advise the...

Poll: Majority of Americans Say Global Warming is Affecting U.S. Weather

Jun 27 2019 // The majority of Americans say global warming is important to them, and that it’s affecting the weather in the U.S.A national survey by the Yale Program on Climate Change Communication and the George Mason University...

New Federal Study Contradicts Owner’s Claims About Years-Long Gulf Oil Spill

Jun 26 2019 // A new federally led study of oil seeping from a platform toppled off Louisiana’s coast 141/2 years ago found releases lower than other recent estimates, but contradicts the well owner’s assertions about the...

Officials, Petroleum Council Tout New North Dakota Oilfield Safety Program

Jun 25 2019 // The North Dakota Petroleum Council and state officials say a new oilfield safety training program, 18 months in the making, will be a time-saver for tens of thousands of contract workers.Fifty oil companies worked on the...

Insurance for Middle East Oil Shipments Soars to More Than $500,000

Jun 25 2019 // The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum.So-called war risk premiums for a standard oil cargo from the Persian Gulf and...

Small Fire Still Burning at Site of Philadelphia Oil Refinery Explosions

Jun 24 2019 // Officials say a very small fire continues to burn at a Philadelphia refinery following explosions and a pre-dawn blaze that shook homes and caused some minor injuries.Philadelphia Energy Solutions said Saturday that...

UK’s Legal & General Is Divesting Exxon Shares Over Climate Change

Jun 24 2019 // One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing enough to address climate change. Legal & General Investment...

Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security

Jun 21 2019 // A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran – and raised fears over the safety of one of Asia’s most vital energy trade routes, where about a fifth...

War Risk Insurance Premiums Surge for Oil Tanker Owners After Gulf Attacks

Jun 17 2019 // Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels.War risk premiums that owners pay each time they go to the...