A former DOJ prosecutor explains that the government and BP are mostly likely trying to negotiate a pre-indictment resolution for possible criminal charges against the company, in which both the charges and a settlement amount would be announced at the same time.
Mitt Romney’s criticism of President Barack Obama for promoting green-energy subsidies may keep the former Massachusetts governor from boasting about his own contribution to his state’s expanding clean-energy industry. More »
Stephen Baldwin testified Monday that no one asked him to invest any capital or join Kevin Costner in lobbying BP to use oil cleanup devices that the two actors were touting in the aftermath of the 2010 spill in the Gulf of Mexico. More »
BrightSource Energy Inc. (BRSE), a solar- thermal developer that withdrew an initial public offering in April, is seeking to buy an unbuilt 500-megawatt power plant from the bankrupt Solar Trust of America LLC. More »
Three top South Carolina Republicans came together Monday to support federal legislation that would allow drilling of gas and oil off South Carolina’s coast, arguing the state’s need for jobs and income outweigh potential problems. More »
Researchers are trying to determine whether more than 100 dolphins stranded on the Texas coast, most of them in Galveston, died because of the BP oil spill, a deadly algal bloom or some undetermined cause. More »
Shareholders of Chesapeake Energy Corp., who have seen the value of their shares fall 40 percent over the last year, have yet to see how substantially the debt-heavy gas producer will change as four of its directors are set to be thrown out. More »
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