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Cost, length of Exxon’s cleanup still unclear after N.J. deal

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The cleanup, which can largely be overseen by private professionals instead of the state under a 2009 law, could take years, perhaps even decades.
In this March 31, 2015 photo, a supply vessel crosses an oil sheen drifting from the site of the former Taylor Energy oil rig in the Gulf of Mexico, off the coast of Louisiana. The New Orleans-based company has downplayed the leak's environmental impact, likening it to scores of minor spills and natural seeps that the Gulf routinely absorbs. (AP Photo/Gerald Herbert)

Details on fight against decade-long Gulf oil spill to be released under court deal

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Details about a chronic oil leak in the Gulf of Mexico will be disclosed as part of the settlement agreement between Taylor Energy and environmental groups.
Republican presidential candidate, New Jersey Gov. Chris Christie gestures while speaking at a town hall meeting at Sayde's Neighborhood Bar & Grill in Salem, N.H., Monday, Aug. 24, 2015. (AP Photo/Cheryl Senter) )

Judge approves Christie’s $225 million settlement with Exxon Mobil

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The deal was criticized by environmental groups and Democrats who control the state Legislature. They say the settlement is just a fraction of the billions of dollars New Jersey should have recovered.
(AP Photo/Gerald Herbert, File)

Senators ask SEC to probe oil companies’ risk disclosure

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A dozen Democrats insist oil companies aren’t telling shareholders the gritty reality of their crude pursuits, including the environmental and financial risks of drilling in the Arctic Ocean and other frontier areas.
Commercial vessels spray water on the fire aboard the West Delta 32 production platform. (Coast Guard photo)

Houston’s Black Elk Energy facing criminal charges for fatal Gulf explosion

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Houston-based Black Elk Energy faces six criminal counts for a blast at a Gulf of Mexico production platform that killed three workers and injured others.
A  2010 file photo shows a sign at a BP  station in London. (AP Photo/Alastair Grant, File)

FERC judge rules against BP in gas manipulation case

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The judge’s decision will be taken up for consideration by FERC’s five-member commission, which will issue a final ruling on the case.
(AP Photo/Matthew Brown)

29 people indicted in Bakken crime fighting investigation

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State and federal authorities say 22 people from western North Dakota and seven from California have been indicted on drug charges. They range in age from 21 to 56.
(AP file photo/Marco Garci)

Tesoro settles pollution suit from California regulators for $4 million

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Texas-based oil manufacturer Tesoro Corp. has agreed to pay $4 million to settle a lawsuit claiming the company spewed smog- and ozone-producing pollutants at its refinery in Martinez.
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Miller Energy executives charged with accounting fraud

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The SEC is levying the charges at current Chief Operating Officer David M. Hall and former Chief Financial Officer Paul W. Boyd, who left the company in 2011. The audit team leader at the company’s former independent auditor also was charged.
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PetroChina wins dismissal of securities lawsuit in U.S.

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U.S. District Judge Edgardo Ramos in Manhattan dismissed the case, agreeing with China’s largest oil and gas producer that the investors failed to make a plausible argument that PetroChina’s annual reports contained statements that were false or misleading at the time they were made.