Category: Legal issues

Ex BP-employee settles US insider-trading charges

A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.  More »

Judge allows Ohio fracking lawsuit to proceed

A couple who sued to try to stop gas drilling around a state-owned lake in eastern Ohio won an early victory in court.  More »

Feds fine oil company for failing to report production

The federal government is fining an Artesia oil man more than $700,000 for failing to submit reports on production on its federal leases in New Mexico.  More »

Anadarko ends long legal battle with multibillion-dollar settlement

Anadarko Petroleum said Thursday it has agreed to pay creditors and government officials $5.15 billion to settle a half-decade of legal battles over allegations that a subsidiary had improperly transferred environmental liabilities to a spin-off company nine years ago.  More »

Utility criminally charged in fatal pipeline blast

Pacific Gas and Electric Co. was charged on Tuesday with federal felony counts involving safety violations linked to a deadly 2010 natural gas pipeline explosion in the San Francisco Bay Area.  More »

Petrobras spending on Pasadena refinery snares Brazil finance minister in scandal

Brazil’s top finance official is being roped into a growing scandal over Petroleo Brasileiro SA’s $1.19 billion purchase of a Texas plant, the latest in a string of troubles plaguing the company’s money-losing refining unit.  More »

Mexico detains oil executive for possible fraud

Mexican authorities have detained the owner of a Mexican oil services company who allegedly defrauded Citigroup of up to $400 million and may have used his professional soccer team to launder money, a top official said Monday.  More »

Hearing starts in ex-BP engineer obstruction case

Attorneys for a BP engineer found guilty of obstructing an investigation into the 2010 Gulf oil spill wants his conviction thrown out, saying the jury forewoman heard statements outside of the trial that influenced the panel’s decision.  More »

Akin Gump and Simpson Thacher hire energy partners from competitors

By Mark Curriden Texas Lawbook It pays off for lawyers to be professional with the counsel across the table in a big transaction. Two major law firms – Simpson Thacher & Barlett and Akin Gump – said Monday they are expanding their corporate energy practices in Houston by hiring partners from competitor law firms. In […]  More »

Does a 1,000-mile, international pipeline need a permit?

Enbridge insists its planned $7 billion pipeline doesn’t require a presidential permit. But the reality may be less clear.  More »

US Supreme Court seeks middle ground on shareholder suits

Hearing arguments Wednesday in Washington, the justices considered a bid by Halliburton Co. to overturn a 1988 decision that forms the legal basis for 80 percent of the group securities suits filed each year.  More »

Texas pipeline company wins $319M in legal dispute

After a day and a half of deliberation, a 12-person jury has found that Dallas-based Energy Transfer Partners and Houston-based Enterprise Products Partners were in a partnership in 2011 during their proposed joint venture to construct a crude oil pipeline from Cushing, Okla. to the Gulf Coast.  More »
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