Latest Energy Headlines

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

Court Nixes Cities’ Climate Change Public Nuisance Lawsuit Against Oil Firms

Jun 26 2018 // BP Plc, Exxon Mobil Corp. and Chevron Corp. escaped blame for the public costs of global warming when a U.S. judge ruled that lawsuits by cities against oil companies aren’t the answer to climate change.“The...

BNSF: Train Derailed in Iowa; Estimated 230,000 Gallons of Oil Spilled

Jun 25 2018 // An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday.BNSF spokesman Andy Williams said 14 of...

Oregon Marijuana Growers Turning to Hemp as CBD Extract Explodes

Jun 18 2018 // A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a...

Climate Change Lawsuits a Growing Threat: Opinion

Jun 18 2018 // Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU’s second highest court. All claim to have suffered loss from climate change. Specifically, they...

Oil Companies Ask to Throw Out New York’s Climate Change Lawsuit

Jun 15 2018 // A group of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to climate change.ConocoPhillips, Exxon Mobil Corp. and Chevron...

Insurance Cutback Among Reasons Europeans Withdrawing from Iranian Oil Market

Jun 7 2018 // European refiners are winding down oil purchases from Iran, closing the door on a fifth of the OPEC member’s crude exports after the United States imposed sanctions on Tehran, company and trading sources said.The...

Energy Sector Cyber Insurance, Cybersecurity Struggles Leave Taxpayers, Customers Exposed

Jun 4 2018 // Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for sizable losses.Brit...

Oil Firms Using Robots, Drones for Dangerous Offshore Work

Jun 4 2018 // At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD,...

Louisiana Posts Worst Economic Performance of All States in 2017

Jun 4 2018 // Louisiana posted the worst economic performance among the 50 states in 2017, becoming one of only three states where the economy shrank.Gross domestic product numbers released in early May by the federal Bureau of Economic...

Explosion of Oil Tanks in West Virginia Sends 4 to Hospital

May 29 2018 // Four people have been hospitalized after oil tanks exploded in West Virginia.News outlets report a company was removing three oil tanks in West Union on Friday when the tanks exploded. West Virginia Department of...

BP Fears Climate Change Lawsuits in U.S.

May 22 2018 // After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change.Chief Executive Officer Bob Dudley raised the topic of class-action...

California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers

May 21 2018 // California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers.Jones said during a press conference in May that he is the first U.S. financial regulator to conduct a...

Global Insurers Reassessing Iran Business In Light of Sanctions Threat

May 20 2018 // Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them.Insurance...

UK, France, Germany Huddle on Iran Oil Tanker Insurance

May 15 2018 // If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf...

Robots, Drones Changing How Oil Firms Handle Dangerous Offshore Work

May 13 2018 // At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD,...

Oil Shippers Face Insurance Uncertainty with Return of U.S. Sanctions on Iran

May 11 2018 // Oil tanker owners are facing a nervous wait to find out whether they can carry on doing business with Iran after President Trump said on Tuesday he was reinstating a raft of sanctions against the Persian Gulf country.The...

Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations

May 10 2018 // The Allianz Group “is significantly expanding its climate strategy.”The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is...

Oil Companies Ask Judge to Kill NYC’s Global Warming Lawsuit

May 9 2018 // Five of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to the environmental changes caused by their products.BP Plc,...

California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers

May 8 2018 // California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers.Jones said during a press conference on Tuesday that he is the first U.S. financial regulator to...

Texas Oil Industry Employment Lags Amid Stalled Oil Market Recovery

May 8 2018 // Skilled workers in Texas are still looking for jobs as U.S. employment in the oil and gas industry continues to lag behind rising oil prices. The Houston Chronicle reports that job seekers hoping for an oil market recovery...