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The Deepwater Horizon claims office that BP has painted as the source of hundreds of millions in unjust and fictitious payments actually has dispersed damage awards with a 99.5 percent accuracy rate, according to an audit released in court papers Tuesday.
The subpoena is the latest chapter in a saga about the corruption scandal at Petrobras.
The judge ruled that during a 30-day suspension of the deal, C&J Energy’s board must shop the deal to other buyers in order to get the best price possible.
Jurors are ordering a wealthy Irish investor to pay $2 million in damages to an Iowa doctor in a dispute over an ethanol development in eastern Europe.
BP wants a federal judge to cap its potential oil-spill pollution fines at a maximum of $12.3 billion, a move that would cut away nearly a third of the penalties U.S. prosecutors are seeking for the Deepwater Horizon disaster.
More than half of the trust’s beneficiaries had sued JPMorgan for more than $415 million in damages, alleging that the nation’s largest bank had cut sweetheart deals with some of its commercial clients for the mineral rights.
Plaintiffs in the case are asking a federal judge to force Exxon Mobil to prove that the information in hundreds of thousands of maintenance and repair documents on the pipeline need to be kept secret.
Endeavour International, a Houston oil explorer that has filed for bankruptcy protection, says its top boss William Transier will relinquish his role as CEO and president next month.
The sage-grouse was just one of several unique species in the way of oil and gas development in protected areas this year.
Sue Ann Hamm’s settlement was the largest in U.S. history, but could get even bigger.