Investors boosted Anadarko Petroleum’s market value by $1.4 billion on Tuesday, a day after the company’s Kerr-McGee unit pushed back on a federal court’s ruling that it owes up to $14 billion in environmental and tort liabilities. More »
A company whose president was indicted last fall in an alleged biofuels scam prosecutors say cost the government and investors more than $100 million now faces a separate investigation by federal environmental regulators. More »
A federal appeals court has upheld a judge’s approval of a multibillion-dollar settlement between BP PLC and lawyers for Gulf Coast businesses and residents who claim the company’s 2010 Gulf of Mexico oil spill cost them money.
Stallion Oilfield Services was fined $2.6 million for allegedly operating illegal temporary housing. More »
Lawyers for two state agencies on Thursday asked the Pennsylvania Supreme Court to reconsider its decision last month that struck down key components of a state law that regulates natural gas drilling. More »
By Mark Curriden The Texas Lawbook Prominent Houston energy lawyer Donald Looper and the law firm he co-founded 28 years ago, Looper Reed & McGraw, announced this week they are parting ways. Looper Reed Managing Partner J. Cary Gray said in a written statement said that Looper left the firm on Tuesday over “managerial differences” […] More »
One of the Greenpeace activists detained in Russia’s Arctic has been granted amnesty, the environmental group said Tuesday. More »
California regulators have refunded $375,000 to Pacific Gas and Electric Co. over concerns the fine payment could jeopardize a potentially larger penalty against the utility for the deadly San Bruno pipeline explosion, a newspaper reported. More »
Hyundai and its sister company Kia said Monday that they will pay up to $395 million to consumers as part of a proposed settlement over overstated gas mileage. More »
BP’s latest full-page newspaper ad suggests the departure of two senior officials who administered payments to victims of the 2010 Gulf of Mexico oil spill is evidence of “mounting problems” at the settlement program. More »
Occidental Petroleum Corp., the largest oil producer in the contiguous U.S., agreed to pay former Chairman Ray Irani $14 million as part of a settlement for his separation from the company. More »
A company that operated a natural gas pipeline for more than two years without a permit will not be fined by the state Public Service Commission.