Category: Legal issues

Judge orders some BP attorney materials turned over in Gulf oil spill case

A judge has ordered BP to turn over to the U.S. government and Transocean some previously withheld documents that involve discussions by its lawyers about how to prepare the company’s responses to investigative inquiries about the amount of oil that was flowing after the 2010 Gulf of Mexico disaster.  More »

Chesapeake sues Cameron over fracking equipment

Cameron International Corp. is being sued by Chesapeake Energy Corp. for alleged wellhead equipment failure.  More »

Icahn’s Transocean board nominee faces pending criminal case in Spain

One of Carl Icahn’s three nominees to serve on Transocean’s board has been dogged for nearly a decade by a criminal complaint in Spain that accuses him of taking part in a multi-million dollar fraud against employees of a company where he used to be an executive.  More »

Transocean on defense as support grows for new directors

Swiss drilling contractor Transocean Ltd. is defending its board and business strategy anew amid a corporate governance advocacy group’s support for two of the three directors being put forth at the company’s annual meeting by dissident shareholder Carl Icahn.  More »

Texas farmer sues US Army Corps of Engineers over Keystone

The U.S. Army Corps of Engineers failed to hold required public hearings before illegally granting permits that let TransCanada Corp. begin installing its Keystone XL pipeline in Texas and Oklahoma, a Texas farmer claimed in a federal court lawsuit.  More »

Bill to lower oil severance taxes signed into law

Legislation to lower the Mississippi severance tax on hydraulically fractured oil wells from 6 percent to 1.25 percent for first 30 months of well production has been signed into law by Gov. Phil Bryant.  More »

Gulf oil spill judge poses questions on gross negligence issue

The federal judge who must decide whether BP and its partners committed gross negligence in connection with the 2010 Gulf of Mexico oil spill is offering some clues as to how he will formulate his decision.  More »

What is the likelihood that the Supreme Court will take review of EPA’s greenhouse gas regulations?

On Friday, Texas lead a group of states in asking the Supreme Court to hear (and overrule) the DC Circuit case of last year upholding EPA’s regulation of greenhouse gases from stationary sources. A group of industry representatives have joined in asking for Supreme Court review. Given the DC case and Texas’s petition for certiorari, […]  More »

Anadarko seeks dismissal of investor suit over Gulf spill

Anadarko Petroleum Corp., a partner in the BP Plc (BP/) well that was the source of the largest U.S. offshore spill, is set to ask a federal judge in Texas to throw out a lawsuit claiming the company misled investors over the project’s risks before and after the blowout.  More »

Harvard report slams fracturing chemical website

A new Harvard report sharply criticizes the industry-backed website FracFocus, where hydraulic fracturing companies voluntarily disclose fracking chemicals they use in oil and natural gas production.  More »

Florida becomes 4th state to sue BP over oil spill

The state of Florida filed a lawsuit Saturday against oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek damages for the 2010 disaster.  More »

Keystone challenge rejected by Texas Supreme Court

TransCanada Corp.’s power to condemn land as a common carrier won’t be reviewed by the Texas Supreme Court in one of four state-court challenges against the Keystone XL pipeline, which will carry Canadian tar-sands oil to the Texas coast  More »