All the headlines from our Energy Topic Page, ordered by recency.
Jan 16 2014 // Europe is days from suspending a ban on reinsuring tankers hauling Iranian oil, a measure that helped cut the nation’s crude exports by more than 50 percent when it was implemented.The six-month relaxation starts...
Jan 15 2014 // Eighteen of 20 tanker cars carrying oil that derailed in the fiery crash of two trains in North Dakota in late December were punctured, spilling more than 400,000 gallons of crude oil, safety regulators reported.In a...
Jan 14 2014 // Oil refiner Phillips 66 has paid $2 million to settle allegations it helped itself to a state fund for cleaning up damage from leaking fuel storage tanks even though it had insurance to cover the cleanups.Phillips 66 is...
Jan 13 2014 // European Union governments will implement all EU sanctions relief for Iran covered by a landmark nuclear deal on Jan. 20, the day the agreement takes effect – including lifting a ban on insuring its oil, officials...
Jan 13 2014 // BP Plc’s $9.2 billion partial settlement over the 2010 Gulf of Mexico oil spill was upheld by an appeals court over the company’s protest that the deal wasn’t valid unless a claims-payment dispute was...
Jan 13 2014 // California isn’t just a warm place to live, which is often the case even in winter, but it turns out the state is considered a “judicial hellhole.”The American Tort Reform Foundation issued its annual...
Jan 10 2014 // U.S. officials have promised to issue within weeks new safety standards for the kind of tank cars involved in a spate of fiery derailments in recent months, a lawmaker said on Thursday.Rail cars carrying crude oil out of...
Jan 10 2014 // Political pressure to quickly improve the safety of crude oil rail shipments intensified in Washington on Thursday, while Canadian officials said two of the cars involved in the latest fiery derailment were of an older...
Jan 8 2014 // A Canadian National Railway train carrying crude oil and propane derailed and caught fire after the emergency brakes were activated, the Transportation Safety Board (TSB) of Canada said on Wednesday.TSB spokesman John...
Jan 8 2014 // Indian Oil Corp. and two other state- run refiners said they will defer resuming purchases of Iranian crude by at least three months, having failed to get reinsurance for shipments after Europe said it would relax a...
Jan 7 2014 // U.S. Senator Charles Schumer on Monday called for an overhaul of old rail tank cars used to carry crude oil after a spate of explosive derailments over the past year.The New York Democrat joined a growing number of...
Jan 3 2014 // BP Plc’s bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court.The London-based...
Jan 2 2014 // The derailment and fire that led to the evacuation of a North Dakota town has renewed the debate over whether it’s safer to ship oil by rail or pipeline as the U.S. completes a review of the Keystone XL...
Dec 31 2013 // A BNSF Railway Co. train carrying oil caught fire after a collision with railcars in North Dakota, causing a series of explosions that prompted police to urge local residents to evacuate the area.There were no injuries to...
Dec 27 2013 // BP Plc lost a bid to require businesses to provide proof their economic losses were caused by the 2010 Gulf of Mexico oil spill under a $9.2 billion settlement over the disaster.U.S. District Judge Carl Barbier in New...
Dec 23 2013 // The Kansas Geological Society is investigating whether a recent earthquake in southern Kansas might have been caused by oil production practices in the area.But KGS interim director Rex Buchanan said it might be difficult...
Dec 20 2013 // A legal tug-of-war continues in a Louisiana state levee board’s lawsuit against 97 oil, gas and pipeline companies over the erosion of wetlands.The Southeast Louisiana Flood Protection Authority-East wants U.S....
Dec 18 2013 // Utah officials say they’ve come to a tentative $5.35 million settlement with Chevron after a pipeline leaked about 20,000 gallons of diesel fuel in northern Utah earlier this year.Chevron officials did not...
Dec 18 2013 // BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’...
Dec 16 2013 // Imagine zooming from 200 feet in the sky onto a small green circle in the middle of a vast, dark ocean. Louisiana helicopter pilots do it daily, carrying workers to and from offshore oil rigs. It often takes more than two...