All the headlines from our Energy Topic Page, ordered by recency.
Apr 18 2012 // Marine insurance, or lack of it, may yet turn out to be the most effective sanction used by Western nations in 17 years of tightening the screws on Iran’s nuclear program.A European Union oil embargo on Iran, set to...
Apr 16 2012 // A federal judge has given BP Plc and lawyers for individuals and businesses who claimed they were harmed by the 2010 Gulf of Mexico oil spill more time to file details of their proposed settlements.U.S. District Judge Carl...
Apr 16 2012 // The Attorney General for the State of Florida has asked a federal court to delay granting preliminary approval of BP Plc’s $7.8 billion settlement with businesses and individuals suing over the massive 2010 Gulf of...
Apr 13 2012 // Japanese insurers are warning ship owners that they will only cover one tanker at a time carrying Iranian crude oil through the Middle East Gulf due to tightening Western sanctions against OPEC’s second biggest...
Apr 12 2012 // BP Plc will gain access to U.S. government documents that may shed light on the size of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, a crucial issue in determining the oil company’s liability.According...
Apr 11 2012 // Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said.The United States...
Apr 5 2012 // Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening Western sanctions against OPEC’s second largest oil producer, two club officials told...
Apr 4 2012 // A Brazilian federal prosecutor on Tuesday launched his second 20 billion real ($10.9 billion) lawsuit against U.S. oil company Chevron and driller Transocean, doubling the stakes against the companies as critics call him...
Mar 30 2012 // BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Gulf of Mexico oil spill was smaller than federal officials claimed, a key issue in determining the oil company’s liability.A...
Mar 30 2012 // France’s Total is laying plans, including a helicopter water drop, fire-fighting vessels and spraying nitrogen, to extinguish a flare on its Elgin North Sea gas platform that is leaking explosive clouds of gas, the...
Mar 29 2012 // A widely expected ban on European insurance cover for Iranian oil exports from July 1 is threatening to curtail shipments and raise costs for major buyers such as Japan and South Korea, insurance industry sources say.Last...
Mar 28 2012 // A behind-the-scenes firestorm in Louisiana’s legislative session centers on a big-money, years-long dispute between landowners and the oil and gas industry over how cleanup should be handled of environmental damage...
Mar 27 2012 // A cloud of explosive natural gas boiling out of the North Sea from a leak at Total’s abandoned Elgin platform forced wider evacuations off the Scottish coast on Tuesday as the French oil company warned it may take...
Mar 23 2012 // The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Palestine, Texas-based Mercer Well Service for five repeat violations following an inspection at the company’s Colt 34-212...
Mar 23 2012 // The European Union will allow some insurance on Iranian oil shipments before its full embargo starts on July 1, member states agreed on Thursday, responding to concerns from Asian importers heavily reliant on the EU for...
Mar 22 2012 // A Brazilian federal prosecutor filed criminal charges on Wednesday against Chevron and drill-rig operator Transocean for a November oil spill, raising the stakes in a legal saga that is adding to Chevron’s woes in...
Mar 21 2012 // The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of...
Mar 20 2012 // European Union diplomats on Tuesday postponed a decision on whether to grant any exemptions to insurance provided for Iranian crude shipments when the bloc implements oil sanctions on Iran, an EU diplomat said.Asian oil...
Mar 20 2012 // A Brazilian prosecutor plans to allege this week that U.S. oil company Chevron has no way to stop a leak in an offshore oil field caused by a November drilling accident.Prosecutor Eduardo Santos de Oliveira told Reuters in...
Mar 19 2012 // The estimated $7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential...