Court reaffirms BP is liable in Gulf oil spill

BP is facing $18 billion in penalties stemming from the 2010 oil spill.
Work crews work at the Kinder Morgan's BOSTCO storage terminals at the Houston Ship Channel on Monday, May 19, 2014, in La Porte. (J. Patric Schneider/For the Chronicle)

Investors lose bid to stop vote on Kinder Morgan deal

A Delaware state judge denied a request by investors to delay a shareholder vote on Kinder Morgan’s $44 billion deal to fuse all of its companies.
(AP file photo/George Osodi)

Swiss prosecutors contact oil traders in Nigeria fuel scam probe

Fraudulent payments related to subsidized fuel imports are estimated to cost the continent’s biggest economy as much as $7 billion a year.
President of Denton Drilling Awareness, Cathy McMullen, right, gives a thumbs up to passing motorist at the Denton Civic Center in Denton, Thursday, Oct. 30, 2014.

After fracking ban, a long fight ahead

The Texas Oil and Gas Association filed its challenge in federal court on Wednesday morning, arguing that the city has no right to override state policy favoring subterranean mineral extraction.
(AP Photo/Tony Gutierrez, File)

Denton voters pass fracking ban

The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy.
Charif Souki, CEO of Cheniere Energy, was 2013's top-paid public company CEO in Houston and the nation. (James Nielsen / Houston Chronicle )

Cheniere’s tentative settlement could restrict stock grants through 2017

Cheniere Energy has reached a pre-settlement pact with investors that will put restraints on pay after CEO Charif Souki’s $142 million annual takehome had outpaced every other U.S. CEO’s last year.
(AP Photo/Log Cabin Democrat, Courtney Spradlin)

Plaintiffs accuse Exxon of stifling Arkansas oil spill case

In 2013, the Pegasus pipeline ruptured in central Arkansas, spilling thousands of gallons of oil in a Mayflower neighborhood.
The Securities and Exchange commission charged a Houston oil-and-gas exploration and production company with making false claims about its oil reserves.

Layne Christensen to pay SEC $5.13M over bribery allegations

The Securities and Exchange Commission alleged the Woodlands-based company had spent nearly $800,000 to pay off foreign government officials in Mali, Guinea and the Democratic Republic of the Congo.

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.
(AP Photo/Gerald Herbert, File)

Key testimony in BP oil spill ruling wasn’t excluded, DOJ says

That evidence played prominently in the judge’s finding that BP, owner of the Macondo well, was grossly negligent, a ruling that raises the stakes for the oil major