Michael Schonberg, partner at Thompson&  Knight.

Commentary: Key energy industry lessons in billion-dollar trade secret case

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The year’s biggest news in oil and gas litigation came last week when Fort Worth-based Moncrief Oil International voluntarily abandoned a billion-dollar trade secret lawsuit in the middle of trial against Russian energy giant OAO Gazprom, says one Texas energy attorney.
(Bloomberg Photo/Scott Dalton)

TransCanada suspends efforts to seize Nebraska land for Keystone

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A Holt County District judge issued a temporary injunction Thursday, keeping TransCanada from invoking eminent domain along the proposed Keystone Pipeline route in northern Nebraska.
(Cody Duty / Houston Chronicle)

Steelworkers strike extends to BP plants outside Texas

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The United Steelworkers union is broadening its nationwide walkout to include two more refineries. Early Sunday, the union is planning to go on strike against two BP facilities in the Midwest, union spokeswoman Lynne Hancock confirmed. That will bring the total number of plants on strike to 11, after union members walked out of nine facilities, including […]
(AFP/Getty Images)

Brazil makes third round of searches and arrests in Petrobras kickback scheme

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Those involved may be charged with fraud, corruption, money laundering and criminal associations, police said.
(Photographer: Brittany Sowacke/Bloomberg)

Lucas Energy defaults on debt, weighs sale or outside investment

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The company’s debt default comes after oil prices have been cut in half since their 2014 peak in June.
(AP Photo/Gerald Herbert, File)

Anadarko didn’t pay cleanup costs for Gulf of Mexico oil spill, U.S. witness says

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The statement may undermine the company’s argument that it shouldn’t be fined for the spill, while the U.S. government seeks more than $1 billion from Anadarko.
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Moncrief Oil drops $1.37 billion claim against Russian energy company in middle of trial

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Lawyers for Moncrief told Tarrant County District Judge Melody Wilkinson over the weekend that they wanted to dismiss its claims against OAO Gazprom, which is the world’s largest extractor of natural gas and has annual revenues exceeding $350 billion.
(Matthew Lloyd/Bloomberg)

Legal battles from 2010 spill to unfold in 2 U.S. courtrooms

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On Monday, trial resumes in a federal district courtroom where BP and a minority partner in its ill-fated Macondo well are trying to fend off billions in Clean Water Act penalties.
(Photo courtesy of Shell Oil Co.)

Shell planning to restart Arctic drilling this year

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Shell is planning on spending $1 billion to drill exploratory oil wells in Arctic waters north of Alaska this year — as long as it clears legal and permitting hurdles, said CEO Ben Van Beurden.
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

BP turns to environmental impact, financial state in oil spill penalty trial

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BP will continue to build its case for lower environmental fines Tuesday in the long-running legal fight over how much it should pay for fouling the Gulf of Mexico in 2010.