Category: Legal issues

Kinder Morgan’s $110 million El Paso settlement approved

Kinder Morgan Inc., the biggest U.S. pipeline provider after buying El Paso Corp., won a judge’s approval of a $110 million settlement of investor lawsuits over the 2011 acquisition.  More »

Canadian judge hears $19B Ecuador lawsuit case

An attempt by Ecuadorian villagers to have a Canadian court enforce a $19 billion judgment awarded in their country against multinational oil giant Chevron Corp. faced a judge’s skepticism Thursday.  More »

Feds: BP had ‘numerous motives’ to conceal Gulf spill flow rate

Federal prosecutors say BP and its employees had “numerous motives” to hide from investigators and the American public the true amount of oil that was flowing from its blown-out undersea well following the 2010 Gulf of Mexico disaster.  More »

Steffy: What does it take to get booted from the Gulf?

The Bureau of Safety and Environmental Enforcement sent to Houston’s Black Elk Energy raises the question of whether Dean Wormer from “Animal House” has come out of retirement to oversee safety in the Gulf of Mexico.  More »

Chevron’s $19 billion ‘disaster’ gets hearing

Chevron Corp. (CVX) is facing its first test of whether farmers and fishermen from the Amazon rainforest will collect $19 billion in environmental damages from the world’s fourth-largest oil company.  More »

Deepwater Horizon defendants vow to fight charges

Two BP well-site leaders and a former executive pleaded not guilty and defiantly promised Wednesday a vigorous defense to felony charges stemming from the 2010 Gulf of Mexico disaster, a day after the British oil giant they worked for made an appearance before the same judge to answer to manslaughter charges.  More »

Steffy: In suspending BP, EPA does what drilling regulators would not

When BP agreed to plead guilty to 12 felony counts related to the Deepwater Horizon disaster a few weeks ago, I made the point that the felonies mattered more than the fines. Today, the U.S. Environmental Protection Agency showed why.  More »

BP suspended from new federal contracts

The Obama administration’s decision Wednesday to take the rarely used step of barring BP from entering new federal government contracts for its role in the 2010 Gulf oil spill potentially costs the company millions while threatening the British oil giant’s stance as a major offshore energy producer and one of the military’s biggest jet fuel suppliers.  More »

BP appears in court on spill-related felony charges

BP was arraigned before a federal magistrate judge on manslaughter and other criminal charges stemming from the 2010 Gulf of Mexico rig explosion and oil spill.  More »

BP: Many settlement opt-out requests weren’t valid

Only about half the businesses and individuals who asked to be excluded from a proposed settlement over BP’s 2010 oil spill submitted valid requests, the company and a team of plaintiffs’ attorneys said in a court filing.  More »

Chevron has five days to answer Repsol suit on Argentine assets

Chevron Corp. (CVX) has five days to respond to a lawsuit from Repsol SA (REP) for entering into an agreement with YPF SA (YPF) to develop reserves in Argentina, documents from the Spanish court where the case is filed show.  More »

Steffy: Indictments create new worries for offshore workers

The heliport in Houma, La., is much like other airports this time of year. Travelers bustle about the terminal, checking bags and shuffling through metal detectors.  More »