Latest Energy Headlines

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

10 Cars of Cargo Train Carrying Cooking Oil, Plastic Pellets Derail; 2 Land in Hoosic River

Feb 12 2024 // Ten cars of a cargo train carrying plastic pellets and cooking oil derailed in upstate New York, with two ending up in a river, authorities said.The cars, part of a 94-car train operated by Berkshire & Eastern...

The Oil Was From Iran. The Insurance Was From New York

Feb 9 2024 // Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates.US sanctions forbid Western companies from knowingly doing business...

Power Restored to BP Oil Refinery in Indiana After Temporary Shut Down

Feb 5 2024 // WHITING, Ind. (AP) — Power has been restored to BP’s sprawling oil refinery in northwest Indiana following an outage that prompted the company to temporarily shut down the complex and evacuate workers, BP said last...

Highway Repairs Underway in Ohio Following Tanker Truck Crash and Fuel Spill

Jan 31 2024 // MACEDONIA, Ohio (AP) — Authorities have identified the tanker truck driver killed in a crash in Ohio that spilled thousands of gallons (liters) of diesel fuel over the weekend as repairs to the highway continue.The...

Maryland Settles Lawsuit With Tri-Gas & Oil Over Fuel Leak at Storage Facility

Jan 25 2024 // Maryland Attorney General Anthony G. Brown announced the settlement of a lawsuit against an Eastern Shore fuel storage facility, including a $600,000 penalty for pollution to groundwater and a nearby creek.The settlement...

Cold Weather Causes More Than 60 Oil Spills in North Dakota

Jan 19 2024 // BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say.North Dakota has seen multiple days of frigid weather with...

Repsol Sued in Class Action for $1 Billion Over Peru’s Worst Oil Spill

Jan 16 2024 // Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its involvement in Peru’s largest oil spill in 2022.Tom Goodhead, chief executive officer of Pogust...

Judge Limits Delaware’s Sweeping Climate Change Lawsuit Against Fossil Fuel Companies

Jan 14 2024 // A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry has downplayed the risks of climate change. Tuesday’s ruling significantly narrows...

Activist Group Scorecard: Insurers Adopting Policies on Oil and Gas Slowed in 2023

Jan 12 2024 // The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s seventh annual “Scorecard on Insurance, Fossil Fuels and the Climate...

Markets/Coverages: Ryan Specialty Expands Renewable Energy Offering on Global Basis

Jan 11 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced the expansion of its renewable energy insurance offering on a global basis with PERse International, a managing general underwriter based...

Supreme Court Allows Minnesota Lawsuit Against Fossil-Fuel Industry to Proceed

Jan 9 2024 // The U.S. Supreme Court ruled that Minnesota’s lawsuit against major actors in the fossil-fuel industry may proceed in state court. Without comment, the Court denied the petition of defendants ExxonMobil, the American...

Oil Tankers Continue Red Sea Movements Despite Houthi Attacks

Jan 9 2024 // Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants, a Reuters analysis of vessel tracking data showed.The...

Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions

Jan 8 2024 // There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in US sanctions targeting traders and shipping companies moving the nation’s petroleum.Over the past...

Washington State’s New Safety Management Rules for Petroleum Workers

Jan 2 2024 // The Washington State Department of Labor & Industries filed a formal update to workplace safety rules designed to prevent catastrophic events the Tesoro explosion that killed seven workers in 2010 and the Equilon...

Honda Recalling 2.5 Million US Vehicles Over Fuel Pump Issue

Dec 21 2023 // Honda Motor‘s American unit is recalling 2.54 million vehicles in the United States over risks of fuel pump failure, the first recall for the issue by the Japanese automaker.Honda previously recalled 628,000 U.S....

Citgo Wins $54M from Lloyd’s Insurers After Oil Seized by Venezuela Government

Dec 21 2023 // (Bloomberg) — Citgo Petroleum Corp. was awarded an insurance payment of more than $54 million for almost 1 million barrels of crude seized by the Venezuelan government.A jury in federal court in Manhattan decided...

Climate Activists, Greenpeace and Uplift, Sue UK Over Rosebank Oil Field

Dec 19 2023 // Greenpeace UK and climate campaigner Uplift filed separate legal challenges in Scotland seeking to rescind government approval for the Rosebank oil development in the North Sea.Equinor ASA and partner Ithaca Energy Plc...

Shadow-Fleet Oil Tanker Insurer Gets Shut Down by Marshall Islands

Dec 19 2023 // A company that offers insurance to the burgeoning shadow fleet of oil tankers — including one that ran aground off the coast of Indonesia — was shut down by the Marshall Islands, the firm’s only published...

Nations Strike Deal at COP28 to Transition Away From Fossil Fuels

Dec 13 2023 // Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing global consumption of fossil fuels to avert the worst of climate change, a first of its kind deal signaling the...

Houthi Militants Hit Fuel Tanker With Missile in Vital Red Sea Trade Artery

Dec 12 2023 // A fuel tanker was struck by missile as it navigated the Red Sea, the latest in a string of incidents that have turned the area where the attack took place into the world’s riskiest waters.The vessel’s owner...