Category: Legal issues

Former BP exec wants trial delay in Gulf disaster criminal case

A former BP executive charged with obstruction of Congress stemming from statements he made about the amount of oil that was flowing from a blow-out well following the 2010 Gulf of Mexico disaster is seeking to delay his criminal trial.  More »

Another judge steps down from Gulf disaster criminal case

Another federal judge has stepped aside from hearing the case of two BP well-site leaders charged with manslaughter in the deaths of 11 rig workers who were killed when the Deepwater Horizon exploded off Louisiana in 2010.  More »

Repsol sues Chevron over Argentine shale development

Repsol SA (REP), the Madrid-based oil and gas company, sued Chevron Corp. in federal court in Manhattan, claiming the U.S. competitor improperly obtained rights to develop Argentine shale and natural gas resources.  More »

ATP equity holder ask for probe of oil reserves’ value

ATP Oil & Gas Corp.’s equity holders asked a judge to appoint an examiner to investigate the value of the bankrupt Gulf of Mexico oil producer’s petroleum reserves.  More »

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 »