Category: Legal issues

British bankers’ guilty pleas ‘put an end to a nightmare’

David Bermingham was 5,000 miles and 12 months away from home when the Department of Justice made him the offer.  More »

Norwegian energy and defense industries hit by data-theft attack

Data from Norway’s oil and defense industries may have been stolen in what is feared to be one of the most extensive data espionage cases in the country’s history, security officials said.  More »

Groups file again to block Chukchi drilling

A 2008 lease sale in the Chukchi Sea off Alaska’s northwest coast remains legally flawed and should be cancelled, Alaska Native and environmental groups say in a court filing.  More »

Steven Chu takes responsibility for Solyndra loan

Taking responsibility for a debacle that has embarrassed the Obama administration, Energy Secretary Steven Chu says he made the final decisions on a half-billion-dollar loan to a California solar company that later went bankrupt.  More »

Federal judge rules against BP fund administrator

A federal judge has ruled that the Mississippi attorney general’s lawsuit against the administrator of BP’s $20 billion oil spill fund to get access to claims filed by coastal residents will be heard in state court.  More »

Prosecutors seek to revoke BP probation

Federal prosecutors are seeking to revoke probation for oil giant BP, operator of the largest oil field on Alaska’s North Slope.  More »

Exxon, Marathon, Morgan Stanley and others could face fines

ExxonMobil, Shell Oil, Marathon Petroleum Co. and other firms could face million of dollars in energy license fines for uses fraudulent renewable fuel credits, according to a Politico story.  More »

BP must face Gulf spill claims filed by Ala., La.

BP Plc must face claims over the 2010 oil spill in the Gulf of Mexico in lawsuits by the states of Louisiana and Alabama, a judge said.  More »

Chevy Volt crash test fire prompts battery probe

U.S. auto-safety regulators are examining the safety of lithium-ion batteries that power all plug-in electric vehicles after a General Motors Co. (GM) Chevrolet Volt caught fire, people familiar with the probe said.  More »

Steffy: Scrutiny of Nabors’ plane perks adds to outcry

Nabors Industries, which recently came under fire for planning to pay Eugene Isenberg $100 million to relinquish his chief executive’s title, now finds itself facing scrutiny for other goodies it may have showered on executives.  More »

Pa. taxpayers could bear costs of old gas wells

Plugging an abandoned Marcellus Shale gas well in Pennsylvania could cost $100,000 or more, and well bonding changes proposed by the Corbett administration could stick taxpayers with almost all of that bill, according to a study from Carnegie Mellon University.  More »

BP wins Russian victory as court rejects lawsuits

BP Plc gained a victory in a pair of lawsuits as a Siberian court rejected $16 billion of claims brought by a minority shareholder in OAO TNK- BP Holding, Russia’s third-biggest oil producer.  More »

Heineman says Nebraska still needs pipeline law

Nebraska needs a law to address concerns over the proposed Keystone XL crude oil pipeline even though the U.S. State Department decided Thursday to delay the hot-button project for at least a year, Gov. Dave Heineman said.  More »

Texas oil and gas regulators can pack heat

Workers with Texas’ main oil and gas industry regulator, the Railroad Commission, are now allowed to carry concealed weapons while on the job if they’re properly licensed.  More »

Drilling boom brings surge in crime to small towns

In a modern-day echo of the raucous Old West, small towns enjoying a boom in oil and gas drilling are seeing a sharp increase in drunken driving, bar fights and other hell-raising, blamed largely on an influx of young men who find themselves with lots of money in their pockets and nothing to do after they get off work.  More »