BP said Tuesday that Halliburton’s admission that it destroyed evidence after the 2010 Gulf of Mexico oil spill undermines key claims by the U.S. government in a civil trial over the disaster. More »
An attorney who was fired by the court-supervised administrator of BP’s settlement with Gulf Coast businesses and residents is demanding to be reinstated with back pay. More »
A federal judge has set an Aug. 26 deadline for court-supervised claims administrator Patrick Juneau to respond to BP’s allegations that it has uncovered new allegations of fraud and conflicts of interest inside a settlement program that has awarded billions of dollars to Gulf Coast businesses and residents. More »
A Canadian judge has granted creditor protection to a rail company whose runaway oil train caused an explosion that killed 47 people in Quebec, a day after the company filed for bankruptcy. More »
BP lost a bid to avoid paying the third-quarter operating budget of the 2010 Gulf of Mexico disaster claims administrator, totaling $130 million, as part of its settlement with most private claimants. More »
Enterprise Products Partners LP lost its bid to throw out a lawsuit claiming it breached a 2011 agreement with Energy Transfer Partners LP to build a pipeline from Oklahoma to the Texas Gulf Coast. More »
Federal energy regulators proposed a $28 million civil penalty against BP Plc for allegedly manipulating natural gas prices in Houston five years ago. More »
All eight lawyers who work at Bell, Ryniker & Letourneau in Houston have joined the Philadelphia-based law firm of Blank Rome. More »
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 »
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 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.
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 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 »
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 »
The company gave no details about the information requested by the government.