A Texas judge is expected to award Energy Transfer Partners LP more than $500 million after the company won a jury finding that Enterprise Products Partners LP had breached a partnership agreement to build a crude oil pipeline, sources say.
A divided Illinois appeals court on Tuesday upheld a state regulator’s plan to help fund the $1.7 billion FutureGen 2.0 clean coal power plant through a rate hike on electricity customers, turning back a challenge from Commonwealth Edison Co. and industry groups.
Underwriters at Lloyd's of London sued Cameron International and others in Texas federal court Tuesday, aiming to recover losses from a fire during gas drilling in the Gulf of Mexico allegedly tied to a defective blowout preventer and inadequate inspections.
Gas industry service provider Geokinetics USA Inc. on Tuesday sued a Pennsylvania municipality in federal court to challenge a local ordinance preventing it from conducting seismic testing on more than 200,000 acres in Greene County.
Talisman Energy Inc., which is restructuring amid pressure from activist investors, confirmed Wednesday that energy giant Repsol SA had approached it about “various transactions,” potentially including a buyout that could be worth $10 billion.
JPMorgan is closing in on a sale of half of its stake in the $4.5 billion portfolio of its buyout arm One Equity Partners, while cable magnate John Malone doesn't anticipate any competing Time Warner offers.
The Senate on Wednesday confirmed former Pentagon administrator Madelyn Creedon as the No. 2 official in the National Nuclear Security Administration, a semiautonomous agency within the U.S. Department of Energy.
Seven research teams throughout New York have been awarded a total of $3.3 million to go toward projects that will improve and modernize the state's electric grid, Gov. Andrew Cuomo said Wednesday.
The Tenth Circuit on Wednesday rejected an environmental group's bid to nix a federal implementation plan for a New Mexico power plant, ruling that the U.S. Environmental Protection Agency did not have a duty to consult with federal wildlife regulators before setting hazardous air pollution requirements.
An Xcel Energy Inc. unit can intervene in a suit brought by a coalition of conservation groups to force the U.S. Environmental Protection Agency to mandate stricter controls at one of the utility’s power plants in Minnesota, the Eighth Circuit ruled Wednesday.
A New Jersey renewable energy company was hit Tuesday with a securities class action filed by a stockholder who said he lost money when the company’s stock plummeted due to a top executive’s termination and the collapse of a $217 million Australian wave-power project.
Equilon Enterprises LLC, a company that recorded calls of customers contacting Shell Oil Co.'s call center, has agreed to pay almost $2 million to settle a class action alleging its actions violated California privacy laws.
Energy Future Holdings Corp. senior noteholders have been barred from fast-tracking their appeal of a settlement repaying $4 billion in first-lien bonds directly to the Third Circuit, a setback for their claim that the pact discriminates among similarly situated creditors.
Locke Lord LLP said Wednesday it has bolstered its intellectual property department and IP litigation practice group in its Houston office with the addition of a former Norton Rose Fulbright attorney who has experience representing clients in the energy and technology industries.
TransCanada Corp. said Wednesday the Alberta Energy Regulatory has approved its plans to build and operate the Northern Courier Pipeline Project, a CA$800 million ($745 million) system designed to step up energy production from western Canada.
U.S. Environmental Protection Agency Administrator Gina McCarthy on Wednesday faced pointed attacks from Senate Republicans over the agency's controversial proposal to cut carbon emissions from existing power plants by 30 percent, with lawmakers saying the agency has no legal power to issue the rule.
President Barack Obama on Tuesday nominated candidates with legislative and regulatory experience to fill two positions on the U.S. Nuclear Regulatory Commission.
The U.S. on Wednesday raised several concerns about trade barriers in Panama, criticizing the country's hurdles in the shipping and fuel sectors, and seeking more transparency in the country's regulations governing intellectual property, agricultural products and trade remedies.
Pennsylvania’s Department of Environmental Protection must make major improvements to the way it handles shale gas development, including by efficiently tracking and responding to public complaints about water quality, according to a report released Tuesday by the state's auditor general.
A coalition of 35 Democratic members of California’s congressional delegation pressed the Obama administration Tuesday to exclude any offshore oil and gas lease sales along the California coast from a proposed five-year leasing program, citing the risk of serious accidents and environmental pollution.
A growing trend in the Southern District of New York akin to a sua sponte rocket docket can provide defendants with an opportunity to set the tone of discovery and shift the burden and risks of the schedule to their adversaries, say Isaac Greaney and Jackie Lu of Sidley Austin LLP.
Public and private entities, including the state of Wyoming, have raised an issue of first impression as to whether the U.S. Environmental Protection Agency has the authority to determine an Indian reservation's boundaries under the Clean Air Act — the result could lead to a departure from established regulatory principles and should be of interest to entities operating on or near reservations, say attorneys at K&L Gates LLP.
The latest round of U.S. sanctions against Russia’s oil, natural gas and financial industries is a dramatic departure from how the United States has applied targeted sanctions in the past, and raises several questions, say Alexandra Lopez-Casero and D. Grayson Yeargin of Nixon Peabody LLP.
After the U.S. Supreme Court's ruling in Halliburton v. Erica P. John Fund Inc., the landscape for securities fraud class actions has been altered with the addition of price impact to analysis, which will certainly keep testifying experts busy for the foreseeable future, says Marc Gross of Pomerantz LLP.
Analytics offer opportunities for refining both discovery strategy and overall litigation strategy by providing information to support better informed decisions. As an added bonus, they can result in significant cost savings, say Nathalie Hofman and Carolyn Southerland of Huron Consulting Group Inc.
The Texas Supreme Court's recent ruling in Marcia Fuller French v. Occidental Permian Ltd. upheld the settled expectations of parties to oil and gas leases and confirmed they apply even with respect to enhanced recovery operations — welcome news to lessors with such operations, say Stephanie Kinzel-Tapper and Carter Williams of Sutherland Asbill & Brennan LLP.
Companies have long been hesitant to challenge the Committee on Foreign Investment in the United States because of the broad discretion given to the executive branch on issues of national security, but the D.C. Circuit ruling in Ralls Corp.’s suit against the committee calls into question the breadth of CFIUS’ authority, say attorneys with Kaye Scholer LLP.
Despite the withholding of funds by many Western donors and initial suspicions that foreign investors might boycott Uganda in response to the Anti-Homosexuality Act, the broader economic implications of the act appear to be less significant, say attorneys at Covington & Burling LLP.
Abundant U.S. shale formations have sparked a boom in fuel switching in Latin America, particularly toward low-cost, liquefied petroleum gas, however capital conversion as well as the development of delivery infrastructure and purchase of long-term supply remain challenges for industry in the region, say Ram Sunkara and Adam Roth of Sutherland Asbill & Brennan LLP.
It only took the threat of a 10 cent cost increase to make people bring their own bags to Bay Area grocery stores. What if we gave partners an extra $10,000 for increasing diversity in their firms? asks Orrick Herrington & Sutcliffe LLP partner Patricia Gillette.