Herbert Smith LLP has snapped up two counsel from Linklaters LLP, a move that will give a boost to its energy finance team.
CCMP Capital Advisors LLC plans to fork out $345 million to acquire a stake in independent oil and gas production and exploitation company Chaparral Energy Inc., a move the private equity firm said would help grow its energy business.
A U.S. House of Representatives subcommittee has approved legislation that would direct federal regulators to tighten up safety standards for U.S. electricity grids, noting that increasing amounts of information flowing over new “smart grids” makes them potential targets for terrorist and cyber attacks.
Australian gas exploration company BG Group PLC agreed Wednesday to supply state-owned China National Offshore Oil Corp. with 3.6 million tons of liquefied natural gas annually for the next 20 years, in a deal estimated to be worth up to $70 billion.
British offices and residences connected to French transportation and energy infrastructure giant Alstom SA were raided Wednesday as part of an investigation into suspected bribery issues, the U.K.'s Serious Fraud Office said.
Four of five defendants accused by the U.S. Securities and Exchange Commission of reaping more than $1 million by using inside tips to trade profitably on shares of World Fuel Services Corp. have denied the allegations and panned the SEC's evidence in the case.
Bunge-Ergon Vicksburg LLC has accused Delta-T Corp. of breaching performance guarantees in the design and construction of a $100 million ethanol plant in Mississippi.
Bosque Power Co. LLC and five of its affiliates launched a petition for Chapter 11 bankruptcy protection Wednesday, listing both debts and assets of between $100 million and $500 million.
A federal judge has refused to throw out a suit by coal mining company American Energy Corp. seeking a court order requiring Texas Eastern Transmission LP to take steps to ensure its natural gas pipelines do not damage American Energy's nearby coal mines.
A bipartisan group of lawmakers led by Rep. Jay Inslee, D-Wash., has launched a battle against the Obama administration's recent move to pull the plug on a controversial but long-standing proposal to open a nuclear waste repository at Yucca Mountain in Nevada.
Loadout LLC and Coal River Mining LLC have asked a federal appellate court to review a lower court ruling that deemed the U.S. Army Corps of Engineers' permit for two West Virginia mines invalid because a public comment period requirement had been largely ignored.
Plaintiffs in a suit against Chevron USA Inc. over property damage and illness linked with an Ohio refinery have lost a bid to sanction the oil giant for withholding documents relevant to the case.
ConocoPhillips Co. announced Wednesday that it will sell half of its 20 percent stake in Russian oil giant Lukoil as part of a program to reduce debt and improve finances at the energy conglomerate.
The U.S. Environmental Protection Agency has proposed expanding new greenhouse gas reporting rules to include additional sources, chiefly the oil and gas industry, signaling future regulation in those sectors.
Babcock International Group PLC, a U.K.-based engineering services company serving the nuclear energy and defense industries, has reached a deal to buy rival VT Group PLC for £1.3 billion ($2 billion), the companies announced Tuesday.
Exxon Mobil Oil Corp. has won partial summary judgment in its suit against a construction firm over an allegedly defective pipe that burst in a refinery, costing the oil giant about $15 million when the refinery went into emergency shutdown.
A coalition of 31 power companies and environmental advocacy organizations has urged Congress to include strong incentives for promoting the use of farmland and forests to sequester carbon emissions as the U.S. Senate prepares to take up work on climate change legislation.
A group of 22 U.S. Senate Democrats is calling on Senate Majority Leader Harry Reid, D-Nev., to bring comprehensive clean energy and climate change legislation to the Senate floor for a final vote by the year's end, saying that companies are clamoring for regulatory certainty as they look ahead to 2011.
Colorado Gov. Bill Ritter has ushered in landmark legislation requiring the state to generate 30 percent of its electricity from renewable energy sources by 2020, marking the second-highest renewable energy standard in the nation.
Oilfield services company Smith International Inc. has struck a settlement in Whipstock Services Inc.'s patent infringement suit over a method for wellbore window milling.