Category: Legal issues

Cabot cited by Pennsylvania for pollution from natural-gas well

Cabot Oil & Gas Co. (COG), the best- performer last year in the Standard & Poor’s 500 Index, was cited by Pennsylvania officials in September for “improper” well construction after natural gas polluted drinking water.  More »

Exxon, government settle dispute over Gulf leases

Exxon Mobil and Statoil reached a deal with the federal government that will let the companies continue developing a potentially lucrative oil discovery in the Gulf of Mexico.  More »

Chevron’s bid to block Ecuadorean asset collection denied

Chevron Corp.’s bid to protect its assets that could be seized as part of an $18 billion environmental damages verdict against the company in Ecuador was denied by a U.S. judge, who said the request could be renewed at a later date.  More »

Pennsylvania fracking site gets U.S. scrutiny after complaints

Water from wells in a Pennsylvania town near a gas-drilling site that used hydraulic fracturing will be collected and sampled by U.S. regulators after residents complained, the Environmental Protection Agency said.  More »

Halliburton denies destroying evidence in BP oil spill case

Halliburton Co. denied BP Plc’s accusation that engineers destroyed testing evidence to keep it from being used in litigation over the Gulf of Mexico rig blast that triggered the worst offshore oil spill in U.S. history.  More »

Conoco agrees to pay $545,000 U.S. penalty for trading breaches

ConocoPhillips agreed to pay a civil penalty of $545,000 and to disgorge $3,174,900 plus interest for shipping and trading violations from 2004 to 2007, the Federal Energy Regulatory Commission said.  More »

Ecuador court upholds ruling against Chevron

An appeals court in Ecuador upheld an $18 billion ruling against Chevron Corp. on Tuesday for oil pollution in the Amazon rain forest more than two decades ago.  More »

Spill fund freezes payouts, asks for clarification *updated*

A fund set up by BP to compensate victims of the worst U.S. oil spill froze payments until it gets clarification on a court order to set aside money to cover plaintiffs’ legal fees.  More »

BP says it is entitled to payment from Halliburton

BP is reiterating claims first made last April that it is entitled to payment from contractor Halliburton Energy Services for expenses and lost profits resulting from the 2010 Deepwater Horizon offshore oil well disaster.  More »

Exxon’s pursuit of Venezuelan cash ’not over’

Exxon Mobil Corp.’s four-year hunt for billions of dollars in nationalized Venezuelan oil profits isn’t finished after an international panel slashed the U.S. oil company’s claim by 89 percent.  More »

BP seeks recovery of all spill damages from Halliburton

BP Plc said all of its costs and damages from the 2010 Gulf of Mexico oil spill should be paid by Halliburton Co., its cement contractor for the Macondo well project.  More »

Woman takes unique road to sue Honda over mileage

A woman who expected her 2006 Honda Civic Hybrid to be her dream car wants Honda to pay for not delivering the high mileage it promised. But rather than joining other owners in a class-action lawsuit, she is going solo in small claims court, an unusual move that could offer a bigger payout if it doesn’t backfire.  More »