Category: Legal issues

Yukos wins partial victory over Russia in European court

A European court handed a partial victory to former managers of Yukos Oil Co., ruling that Russia had violated the company’s rights while rejecting a political motivation behind tax claims that led to its bankruptcy.  More »

Investigators seek Ala. oil spill deal records

Some Fairhope officials have been served with subpoenas by federal investigators examining a $639,000 oil spill contract with state Sen. Trip Pittman, Mayor Tim Kant said.  More »

Appeals court lifts Chevron ruling blocking $18B Ecuador award

Ecuadorans suing Chevron Corp. over pollution in the Amazon rain forest are one step closer to collecting a $9.5 billion judgment against the San Ramon company. A U.S. appeals court lifted a lower court’s order that had blocked the Ecuadorans from collecting money in the long-running lawsuit.  More »

Smith calls for independent Solyndra loan investigation

Rep. Lamar Smith, R-San Antonio, wants the Department of Justice to hire an outside lawyer to probe an Energy Department loan to bankrupt solar panel maker Solyndra.  More »

Noble Energy begins drilling in Cyprus

A U.S. energy firm has begun exploratory drilling for oil and gas off the coast of Cyprus, the divided island’s energy chief confirmed Monday, despite strong warnings from Turkey not to do so.  More »

BP will pay US $20.5M to settle royalty case

The Justice Department says British oil giant BP will pay the U.S. $20.5 million to resolve claims made in a whistleblower lawsuit that its subsidiaries underpaid royalties owed on natural gas produced on federal and Native American land.  More »

UN calls for peaceful resolution to Cyprus drilling dispute

Parties involved in a dispute over planned oil and gas drilling by Cyprus off the eastern Mediterranean island’s south coast should settle the issue peacefully, the United Nations said.  More »

BP wins dismissal of some investors’ spill suits

BP Plc convinced a federal judge that it shouldn’t have to face some lawsuits in the U.S. brought by institutional investors on behalf of the company over last year’s Gulf of Mexico drilling-rig explosion and oil spill.  More »

Miss. man accused of making false oil spill money claims

A federal grand jury has indicted a Jackson County man on charges accusing him of filing fraudulent claims to obtain more than $20,000 for lost wages as a result of the Deepwater Horizon oil spill.  More »

Jeff Skilling appeals 5th Circuit ruling

The former Enron CEO is appealing an April 2011 court ruling that prosecutor’s use of a flawed legal theory during his trial was harmless and shouldn’t impact the guilty verdicts.  More »

Chronicle cartoonist takes on Obama, Solyndra

The Houston Chronicle’s editorial cartoonist Nick Anderson takes on Obama and Solyndra, the failed solar-panel maker who received more than $500 million in federal loan guarantees.  More »

Officials hope to approve more loan guarantees

The Obama administration is moving to finalize as many as 15 loan guarantees for renewable energy companies before the stimulus program ends on Sept. 30, and Republicans are questioning whether that could lead to more failures like Solyndra Inc., a company that filed for bankruptcy and may leave taxpayers on the hook for a half-billion-dollar loan.  More »

Judge to decide who shares blame for 2010 Gulf blast, spill

A U.S. judge said he would decide which companies share the blame for the Gulf of Mexico oil spill and will have to pay for it in a non-jury trial set to begin Feb. 27 in federal court in New Orleans.  More »

Spill report sets stage for new offshore rules

In highlighting a series of failures that culminated in the Deepwater Horizon disaster, federal investigators on Wednesday paved the way for new rules on offshore drilling safety.  More »

Report may not add much to fight over spill blame

The findings of a far-reaching federal probe of the Deepwater Horizon disaster may turn out to be a minor victory for BP as it girds for upcoming legal battles.  More »