Category: Legal issues

BP agrees to settle suits filed over tainted gas

BP has agreed to a $7 million settlement to resolve lawsuits filed last year after the oil giant recalled about 4.7 million gallons of tainted gasoline in four Midwestern states.  More »

How Chevron turned the tables in Ecuador

The lawyers who sued Chevron in Ecuador, winning that eye-popping judgment, have come under non-stop attack from the oil company. That aggressive strategy has worked wonders, putting Chevron’s opponents on the defensive and convincing many people that the Ecuador suit is a sham.  More »

Tepco’s shareholders decline to pursue GE for Fukushima claims

Tokyo Electric Power Co. (9501) shareholders rejected a proposal to look into pursuing claims for compensation against companies that supplied parts for the crippled Fukushima nuclear plant, including General Electric Co.  More »

44 property owners at sinkhole accept settlements

Nearly half of a group of residents evacuated because of an Assumption Parish sinkhole have accepted buyout offers from Texas Brine Co.  More »

BP calls for independent probe of claims lawyer

BP is calling for an independent investigation into a lawyer working for the administrator reviewing claims arising from the Gulf oil spill who has been accused of collecting portions of settlement payments from a New Orleans law firm to which he had once referred claims.  More »

New indictments issued in Gulf oil spill case

A federal grand jury issued a new indictment Wednesday against a former BP executive that charges him anew with obstruction of Congress in connection with the investigation of the 2010 Gulf of Mexico oil spill. Also, a new indictment was issued against a former BP engineer.  More »

Oil staying above $96 ahead of US factory data

Oil prices were up slightly Friday as traders awaited the release of industrial production data from the U.S. later in the day.  More »

State, feds file complaint over Arkansas oil spill

State and federal prosecutors in Arkansas are seeking civil penalties from ExxonMobil Pipeline Co. over the company’s oil spill in a central Arkansas neighborhood.  More »

Oil trader’s ex-wife gets energy assets in divorce ruling

An oil trader’s ex-wife won a U.K. Supreme Court ruling giving her the right to force offshore companies owned by her former husband, Michael Prest, to turn over assets as part of a 17.5 million-pound ($27.4 million) divorce settlement.  More »

Salazar navigates ethical limits in new role

During the 2010 Gulf of Mexico spill, the law firm WilmerHale was winning concessions for BP during White House talks over a compensation fund, about the same time that then-Interior Secretary Ken Salazar famously declared the Obama administration would keep a boot on the neck of the British oil giant. Three years later, Salazar has now joined the prominent firm.  More »

Ameren can’t transfer pollution waiver to Dynegy

Ameren Corp. cannot transfer a waiver from pollution controls at five coal-fired power plants when it sells the plants to Dynegy Inc., the Illinois Pollution Control Board said.  More »

Sierra Club sues BNSF over coal dust from trains

The Sierra Club is suing Burlington Northern Santa Fe in federal court in Seattle over coal dust that blows off trains into Washington rivers and Puget Sound.  More »