Cheniere Energy and its executives asked a Delaware court late Monday to throw out a shareholder lawsuit that challenged $1.7 billion in stock awards, including most of CEO Charif Souki’s pay last year. More »
First Reserve has closed on a $2.5 billion fund to back energy infrastructure, more than doubling the capital it had gathered to inject into pipeline, storage and liquefied natural gas projects. More »
The surge in oil and production from unconventional sources will likely spread beyond North America by the end of the decade, according to a study published Tuesday by the International Energy Agency. More »
Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground. More »
Fluor Corp. is taking BP to court over millions in workers’ compensation claims it alleges the London oil company hasn’t repaid for three years, violating a contract that covered Fluor’s litigation costs for cleanup efforts after the Deepwater Horizon disaster. More »
Litigation is “on the table” in the Republican fight against the Environmental Protection Agency’s newly proposed rules to dramatically cut states’ carbon emissions by 2030, Louisiana Gov. Bobby Jindal said Monday. More »
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