A report from Lux Research projected that oil and gas companies would spend 60 percent more on health and safety measures by 2030 on tougher regulations, FuelFix reports.
On the third anniversary of the 2010 Gulf of Mexico oil spill, BP remains unsure as to how large its final bill to the government and private plaintiffs will be, Bloomberg reports.
ExxonMobil Corp. has halted upgrades to a hydrotreater at its Beaumont refinery as federal investigators probe the cause of an April 17 fire that injured 12, Reuters reports.
The judge overseeing the BP oil spill civil trial suggested Wednesday it could be at least three months before he issues any substantive rulings assigning blame for the disaster, FuelFix reports.
NEW ORLEANS (AP) — Testimony concluded Wednesday for the first phase of a high-stakes trial over the deadly 2010 rig explosion that led to the nation's worst offshore oil spill, but the presiding judge didn't immediately rule in the case.
BELIZE CITY (AP) — Belize's Supreme Court has invalidated offshore drilling contracts issued by the government to six oil companies, saying authorities failed to assess the environmental impact of drilling for oil.
NEW ORLEANS (AP) — The first phase of a trial over the deadly Deepwater Horizon disaster neared an end Wednesday with testimony by a former BP executive who helped supervise the company's Gulf of Mexico drilling operations.
GALVESTON, Texas (AP) — More than 470 people are suing BP for $1 billion, saying they became sick due to a 15-day gas leak at its refinery in Texas City.
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., asked the Justice Department to join the European Union's probe of possible oil price manipulation, Reuters reports.
Nuclear Regulatory Commission Chairman Allison Macfarlane said the NRC can't consider a public hearing on the San Onofre nuclear plant until June, when an appeal period of an Atomic Safety and Licensing Board ruling ends.
Sens. Bob Corker, R-Tenn., and Joe Manchin, D-W.V., introduced a bill that would ensure that only domestically-made biofuels can be used to meet the Renewable Fuel Standard, The Chattanoogan reports.
A federal judge refused to reconsider a ruling that upheld the Interior Department's power to ban new hard rock mining projects on federal land, The Associated Press reports.
Tesla Motors increased the value of its stock and debt offerings 30 percent to $1.08 billion to gather reserves and pay back its Energy Department loans, Bloomberg reports.
Poland called on the European Union to end energy subsidies for fossil fuels and renewable sources and cut oil imports to better combat climate change, Bloomberg reports.
The first well reports from the Utica shale in Ohio show a significant supply of natural gas but not as much oil as some energy companies were expecting, Reuters reports.
