Tag: energy

BP: You cannot sue us here or there

Loren Steffy looks at the documents that lay out BP’s “spill and run” legal strategy, in which it’s arguing that shareholders can only sue the company in England and that Tony Hayward cannot face legal action here because he’s not a U.S. citizen. (AP Photo/Virginia Mayo)  More »

Barton’s energy committee colleagues fuel his bid for chairman

Rep. Joe Barton got a big boost this morning in his quest to take hold of the gavel and lead the powerful House Energy and Commerce Committee next year, when eight of the panel’s Republicans endorsed him for the job. The group included two Republicans…  More »

Dynegy delays shareholder vote

Dynegy has delayed its shareholder vote, scheduled for today, on a $605 million takeover offer from New York private equity firm Blackstone Group. The voting will resume next Tuesday. In a statement, the company’s board said that shareholders should …  More »

Can BP-style fund resolve foreclosure mess?

Crisis resolution funds seem to be on the rise, Loren Steffy writes. This summer, the government got BP to set up a $20 billion liability fund to cover the cost of the Gulf oil disaster. Now, state attorneys general are hoping to get the big banks do something similar to repay victims of improper foreclosures. (AP Photo/David Zalubowski)  More »

Feuding federal agencies reach deal on blowout preventer ‘autopsy’

This report is written by Jennifer Dlouhy of the Washington bureau. For complete coverage of energy issues, check out our sister site, FuelFix.com. And for the latest Washington energy news, bookmark FuelFix’s own Texas on the Potomac energy channel. …  More »

Welcome Clarity and Few Surprises in EPA’s Guidance on Greenhouse Gas permitting

This week, the EPA released its “PSD and Title V Permitting Guidance For Greenhouse Gases.”  This Guidance was designed to give the states some direction in how to implement permitting requirements for new sources with greenhouse gases on January 2, 2011, and new sources of greenhouse gases following in May, 2011, under the Clean Air […]  More »

Feud among federal agencies overshadows ‘autopsy’ on blowout preventer

This report was written by Jennifer Dlouhy of the Washington bureau. Check out our complete energy coverage on FuelFix.com. Federal investigators today signaled they will move ahead with the closed-door autopsy of a crucial piece of evidence for getti…  More »

BP’s `laser’ was more like a pen light

When I first heard the comment from Bob Graham, the co-chairman of the presidential spill commission, my reaction was that he was stating the obvious. In testimony yesterday, Graham said of the Deepwater Horizon accident:U.S. Coast Guard The proble…  More »

Industry always under pressure to ‘git er done,’ drilling engineer tells BP spill panel

This report was written by Jennifer Dlouhy of the Washington bureau. Check out her complete coverage of the commission’s hearings on FuelFix.com. During two marathon days of public hearings, members of a national commission investigating the Deepwater…  More »

BP’s Hayward, in BBC interview, states the obvious

Loren Steffy notes that the former BP chief’s defiance of critics is fully in character: “Most of his tenure as CEO was rough. He inherited a deeply troubled company, with operating and safety lapses on multiple fronts that he was never able to get under control.” (AP Photo/Virginia Mayo)  More »

Commission: BP, Transocean and Halliburton all made ‘egregious’ mistakes

This report was written by Jennifer Dlouhy of the Washington bureau. Follow her updates on the commission hearing all day today on FuelFix.com. A “culture of complacency” permeates all three companies that were central in drilling and sealing BP’s doo…  More »

BP oil spill commission leaders say they need subpoena power

This report was written by Jennifer Dlouhy of the Washington bureau. For up-to-the-minute coverage of the commission hearings today, please check in regularly with FuelFix.com. Leaders of the presidential commission investigating the Deepwater Horizon…  More »

Let the CSB do its job in investigating BP spill

Last summer I was talking to an attorney who represents businesses harmed by the BP oil disaster in the Gulf of Mexico. He also had represented victims in the explosion at BP’s Texas City refinery in 2005. We began talking about the U.S. Chemical Safet…  More »

Let the CSB do its job in investigating BP spill

The Chemical Safety Board’s handling of the Texas City investigation was a model of how industrial accidents should be examined, Loren Steffy writes. The Interior Department needs to stop stonewalling and let the CSB do the same in the Gulf spill probe.  More »

President Obama: Let’s join forces on energy

AFP photoPresident Obama collects his thoughts at his post-election press conference this afternoon. This report was written by Jennifer Dlouhy of the Washington bureau. President Barack Obama vowed today to work to find middle ground on energy issue…  More »