Category: Legal issues

FERC seeks $28M penalty from BP over natural gas prices

Federal energy regulators proposed a $28 million civil penalty against BP Plc for allegedly manipulating natural gas prices in Houston five years ago.  More »

Houston maritime lawyers join new firm

All eight lawyers who work at Bell, Ryniker & Letourneau in Houston have joined the Philadelphia-based law firm of Blank Rome.  More »

New details on gas drilling lawsuit gag order

A just-released Washington County Common Pleas Court transcript of a 2011 settlement hearing in a Marcellus Shale damage case shows the case records should have included a confidential settlement agreement and reveals details of an unusual lifetime “gag order” that covers two children involved in the case.  More »

FERC: JPMorgan owes $410M for price manipulation

JPMorgan Chase & Co. agreed to pay $410 million in penalties on Tuesday to settle accusations by U.S. energy regulators that it manipulated electricity prices.  More »

BP not expecting spill settlement (video)

BP Chief Executive Officer Bob Dudley said it’s unlikely Europe’s second-biggest oil company will reach a settlement with the U.S. over the Gulf of Mexico disaster as provisions set aside to pay for the spill rose.  More »

BP mounts heavy media campaign as judge weighs spill case

BP’s unrelenting attacks against how the Gulf oil spill civil settlement it agreed to is being handled aims to win over the public, but the strategy risks antagonizing a key constituent who is following every word — the federal judge overseeing the case.  More »

Denbury pays big fine for 2011 oil well blowout

Denbury Resources’ oil fields have seen a series of uncontrolled carbon dioxide blowouts and one of the biggest resulted in Denbury agreeing to pay a large fine to the Mississippi Department of Environmental Quality.  More »

Halliburton to plead guilty to destroying evidence in Gulf spill case

The Justice Department said Thursday that oil field services firm Halliburton has agreed to plead guilty to destroying evidence after the 2010 Gulf of Mexico oil spill.  More »

Halliburton also contacted in antitrust probe of fracturing

The company gave no details about the information requested by the government.  More »

Governor: Lawsuit against oil companies is a ‘trial lawyer windfall’

The Southeast Louisiana Flood Protection Authority-East has filed a lawsuit against dozens of oil, gas and pipeline companies.  More »

Baker Hughes says feds have opened antitrust probe of fracturing

The company received a Civil Investigative Demand from the Justice Department.  More »

Halliburton: Gulf spill settlement talks have ‘slowed’

Oil field services firm Halliburton said Monday its settlement talks with victims of the 2010 Gulf of Mexico oil spill have “recently slowed” and it is unclear if a deal will ultimately be reached.  More »