GS CleanTech Corp. has hit a slew of ethanol companies with lawsuits alleging infringement of a patent for extracting corn oil from ethanol byproducts.
Cleaning up the thousands of barrels of oil leaked in the BP PLC-operated Deepwater Horizon rig blast may take years, and untangling the complex web of insurance claims and litigation stemming from the projected $3 billion in environmental and economic damage may take even longer, experts say.
BP PLC said Monday that it would pay “all necessary and appropriate cleanup costs” associated with the Deepwater Horizon rig oil spill, though the company maintains that it is not responsible for the disaster.
Tronox Inc. has responded to the dismissal of three-quarters of its original claims by lodging a new version of its complaint in an adversary suit accusing former parent company Kerr-McGee Corp. — which is now owned by Anadarko Petroleum Corp. — of fraudulently dumping enormous environmental liabilities on Tronox before spinning it off.
A federal appeals court has vacated a district court decision to dismiss a breach of contract suit brought by EOG Resources Inc. against Chesapeake Energy Corp. over the defendant's unilateral decision to drill three wells into a shared natural gas pool in Bossier Parish, La.
Chesapeake Energy Corp. and its leasing agent PFM LLC have resolved a putative class action brought by a pair of Texas residents accusing the companies of breach of contract and negligence in connection with a $6.6 million agreement to lease the plaintiffs' mineral interests in their property.
Amid securities suits and a possible criminal probe, beleaguered coal producer Massey Energy Co. has reportedly offered $3 million to each of the families of the 29 people killed in a massive mine explosion that occurred at the beginning of April.
President Barack Obama has halted new offshore drilling and dispatched cabinet members and U.S. Department of Justice attorneys to the Gulf of Mexico, laying the groundwork for possible litigation against BP PLC and others for the environmental devastation wrought by the Deepwater Horizon rig sinking.
As lawmakers stepped up their efforts to garner support from U.S. coal mine operators for the reform and oversight of mine safety, federal investigators reportedly began looking into the circumstances surrounding the April 5 explosion at Massey Energy Co.'s Upper Big Branch mine in West Virginia.
BP America Inc. and Transocean Ltd. are facing two putative class actions by property owners along the Gulf Coast over damage resulting from a deadly April 20 explosion aboard the Deepwater Horizon mobile oil rig off the coast of Louisiana.
Units of Morgan Stanley and UBS AG have agreed to pay more than $14 million to settle U.S. Commodity Futures Trading Commission allegations that they hid a large crude oil block trade in violation of the rules of the New York Mercantile Exchange.
Electric customers are challenging a federal court’s dismissal of their putative antitrust class action accusing Duke Energy Corp. of doling out unlawful rebates to large companies, including General Motors Corp.
Rep. Edward Markey, D-Mass., called on the CEOs of five major oil companies Thursday to testify before Congress about the future of offshore drilling plans, as lawmakers prepare for a major re-examination of federal energy policies in the wake of the BP PLC-operated oil rig blast.
A federal judge has allowed Secure Energy Inc. to move forward with a slimmer version of its trade secrets and breach of contract case accusing Icon Construction Inc. and Datel Engineering LLC of acquiring its stock and then passing along secret information about the company to competitor Coal Synthetics LLC in violation of a confidentiality agreement.
Gulf Coast shrimpers and commercial fishermen have filed two putative class actions against BP America Inc. and Transocean Ltd. over alleged economic losses from the massive oil spill following a deadly April 20 oil rig explosion.
The U.S. Court of Appeals for the Fifth Circuit has affirmed a $3 million jury verdict in favor of Chevron USA Inc. in a case involving allegedly faulty bolts used to construct a Chevron facility in the Gulf of Mexico.
A federal appeals court has denied Washington Gas Light Co.'s second challenge of a Federal Energy Regulatory Commission order approving the expansion of a Dominion Resources Inc. liquefied natural gas terminal in Maryland, which the utility claimed could drastically increase the chance of leaks in its distribution system.
Colorado lawmakers have given the green light to a measure that would impose stiff new state regulations governing uranium mine and mill cleanups, in part by requiring companies to clean up existing radioactive waste before applying for expansion permits.
As the price of oil continues to climb, Sen. Russ Feingold, D-Wis., is urging the Senate to increase its oversight of energy traders to curtail risky speculation and bring more transparency to energy commodity markets.
PPL Corp. has revealed plans to acquire German power giant E.ON AG's U.S. unit in a $7.2 billion deal aimed at improving the company's business mix by expanding its footprint beyond Pennsylvania, where it owns the state's second-largest utility.