Category: Legal issues

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 »

Chevron wins US ruling calling Ecuador judgment fraud

Chevron Corp. won a U.S. judge’s ruling that a multibillion-dollar pollution judgment issued in Ecuador was procured by fraud, making it less likely that plaintiffs will collect the $9.5 billion award.  More »

Jury to weigh billion-dollar pipeline case

A dozen jurors start Monday deliberating the billion-dollar dispute among three giant oil and gas companies over a joint effort to build a pipeline from Cushing, Okla. to the Gulf Coast.  More »

Battle shaping up over ‘Big Oil’ lawsuit bill

Supporters of a south Louisiana flood control board’s lawsuit against scores of oil and gas companies over erosion of coastal wetlands announced plans Thursday to fight legislation they say could undermine not only the lawsuit but the political independence of the board.  More »

Exxon CEO’s lawsuit against water tower fuels public outrage (video)

Exxon Mobil CEO Rex Tillerson is at the center of a media firestorm over a lawsuit protesting a water tower near his $5 million horse ranch north of Dallas.  More »

Feds ask judge to streamline BP trial penalty proceedings, order oil spill harmful

U.S. authorities asked a federal judge Thursday to streamline the “penalty phase” of the BP oil spill trial by ordering that the 2010 disaster caused serious harm to the environment, residents and businesses around the Gulf of Mexico.  More »

Judge’s ruling gives Obama an out on Keystone XL

A Nebraska judge’s decision throwing out the Keystone XL pipeline route in the state may push President Barack Obama’s final decision on the contested project until after the midterm congressional elections.  More »

BP to meet with feds on parameters of oil spill penalty trials

A federal judge on Wednesday ordered BP and U.S. attorneys to meet next month to discuss how the “penalty phase” in BP’s oil spill trial will proceed.  More »

Iraq considers more actions against Exxon for Kurd oil venture

Iraq is considering additional measures against Exxon Mobil Corp. over deals the company signed with the semi-autonomous Kurdish region, Deputy Prime Minister for Energy Affairs Hussain al-Shahristani said.  More »

Keystone XL pipeline records sought in Sierra Club suit

Keystone XL pipeline records are being sought by the Sierra Club in a lawsuit claiming the U.S. Army Corps of Engineers has to make public documents related to its review of TransCanada Corp. (TRP)’s project.  More »

Property owners threaten second suit over delay on fracking study

A coalition of property owners announced that it will sue New York state over its delay in issuing a long-awaited environmental impact statement on hydraulic fracturing unless the state provides a reasonable timeline by Feb. 13 for finalizing the process.  More »