Lobbying is ramping up over proposed rules that would require oil, gas and mining companies listed with the Securities and Exchange Commission to disclose what they pay to nations where they extract resources for commercial purposes. More »
Judge Christopher Dupuy was removed Wednesday from a $50 million lawsuit brought by Valero Refining Texas after a defendant complained no one revealed relationships between Dupuy and a former Valero attorney, the Galveston County Daily News is reporting. More »
Owners of a northeast Texas farm have obtained a court order to block TransCanada from crossing the farm with a proposed pipeline planned to carry Canadian oil to refineries along the Texas Gulf coast. More »
Energy Transfer Partners LP (ETP), whose parent is buying Southern Union Co. (SUG) for $5.4 billion, said fourth-quarter profit dropped 28 percent because of lower earnings at its propane unit and natural-gas pipelines in Texas. More »
Japan’s atomic safety rules are inferior to global standards and left the country unprepared for the Fukushima nuclear disaster last March, the country’s top nuclear regulator told a parliamentary investigation. More »
Reliance Industries Ltd. (RIL) and partner BP Plc (BP/) have won approval from India’s government to prepare a plan for developing a natural gas discovery in the Bay of Bengal, two people with direct knowledge of the matter said. More »
A company responsible for a 2010 pipeline rupture that spilled more than 800,000 gallons of oil in southern Michigan says it has discovered a small leak in an oil pipeline in the northern Lower Peninsula. More »
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