Category: Legal issues

Oil spill claims boss rebuts BP’s bid to remove him

The Louisiana lawyer in charge of dispensing BP’s oil spill settlement responded to the company’s request to remove him from the post, saying BP knew when he was appointed that he previously had represented the state in spill claims.  More »

Endeavour International oil field in North Sea back online

Houston oil explorer Endeavour International Corp. got a bit of good news Wednesday in the midst of seeking bankruptcy protection: One of its biggest oil fields in the UK North Sea is back online.  More »

Protestor who spent 10 hours in pipeline to face trial

The Kalamazoo man is a Green Party candidate for U.S. Senate.  More »

BP: $256 billion lawsuit against it should stay dead

BP says a recently unearthed government report has no bearing on whether a judge should retry a $256 billion lawsuit over safety compliance issues at one of its deep-water production platforms in the Gulf of Mexico.  More »

ConocoPhillips files for arbitration against Venezuela’s state oil company

ConocoPhillips announced today it will file for arbitration in a contract-dispute case against Venezuela’s state oil company, in a continued battle over the South American state’s 2007 nationalization of several oil company’s assets.  More »

Exxon wins $1.6 Billion settlement for Venezuela seizure

Exxon Mobil Corp. was awarded a $1.6 billion settlement by an international arbitration panel for assets seized by Venezuela’s government in 2007, a fraction of what the crude producer had sought.  More »

BP has “buyer’s remorse” over spill deal, opponents tell Supreme Court

BP wants the Supreme Court to review a multibillion-dollar settlement relating to the 2010 Gulf of Mexico oil spill because the company now regrets making the deal, plaintiff’s lawyers say in asking the high court to reject BP’s motion.  More »

KiOR fights ex-director as debt nears due date

A former director of biofuel maker KiOR says he tried to warn other board members about problems with KiOR’s technology to turn wood chips into an oil substitute, claims that could damage the company’s defense in shareholder lawsuits and a Securities and Exchange Commission investigation.  More »

Shareholder suit seeks to block Encana’s purchase of Athlon Energy

A new lawsuit brought by a shareholder of Forth Worth-based Athlon Energy hopes to block Encanca Corp.’s $7.1 billion acquisition of the Texas oil company.  More »

Spill claims boss says he’s closely following BP settlement rules

The Louisiana claims administrator that BP says is too loose with its oil spill settlement money has struck back.  More »

Judge dismisses Nebraska’s EPA lawsuit

Nebraska’s attorney general filed the lawsuit in January, saying “the impossible standards imposed by the EPA will ensure no new power plants are built in Nebraska.”  More »

New Louisiana law can’t stop ‘Big Oil’ lawsuit

A state judge in Baton Rouge ruled Monday that Louisiana’s Legislature missed its mark when it passed a bill seeking to halt a south Louisiana flood board’s lawsuit against dozens of oil, gas and pipeline companies over coastal damage.  More »

Q&A: Companies take steps to avoid greasing palms in oil search

Energy companies are a particularly vulnerable to investigations under U.S. anti-bribery laws because they often operate in remote countries with histories of corruption, says George Terwilliger, a former deputy U.S. attorney general who now works at a private law firm.  More »

BP swipe at “reckless” ruling hinges on challenge to Halliburton expert

BP’s attempt to unravel a verdict that its recklessness caused the Deepwater Horizon oil spill hinges on its legal and scientific challenge to the testimony of one expert and its bid to cast more blame for the disaster on cement contractor Halliburton.  More »

Dune Energy investor challenges buyout deal

A shareholder of Dune Energy is trying to stop a $21.9 million outside bid to buy the small Houston oil producer even as it makes a deal with lenders to avert debt default while it consummates the deal.  More »