A Louisiana federal judge on Thursday denied BP PLC’s bid to escape a finding that the company was grossly negligent in the events leading up to the Deepwater Horizon oil spill disaster, potentially putting BP on the hook for up to $18 billion in Clean Water Act penalties.
OW Bunker A/S put three U.S. units into Chapter 11 on Thursday after bank lenders refused to keep the Danish marine fuel supplier afloat following the discovery of a massive employee fraud in Singapore that has rippled across global shipping markets.
California has joined a False Claims Act suit in state court accusing BP PLC of scamming Golden State taxpayers out of at least $150 million by illegally hiking the price of natural gas sold to the state, the whistleblower's attorneys said Thursday.
Consultants commissioned by the Philadelphia City Council, which in October snubbed Mayor Michael Nutter’s plan to sell the Philadelphia Gas Works to UIL Holdings Corp. for $1.86 billion, testified Thursday that there were significant opportunities to both increase the company’s annual revenue and bolster the regional energy industry.
The U.S. Environmental Protection Agency has urged the D.C. Circuit to reject a challenge from industry groups and environmentalists to a rule that establishes toxic emission standards for large boilers.
Texas-based KiOR Inc. got the blessing of a Delaware bankruptcy judge on Thursday for a slate of first-day motions, including preliminary approval of a $15 million debtor-in-possession loan, designed to keep the biofuel developer running in Chapter 11.
Coal giant Massey Energy's former CEO, Don Blankenship, was indicted Thursday on federal charges of creating the safety failures that led to the Upper Big Branch Mine explosion, which killed 29 workers in 2010 — and of lying to the U.S. Securities and Exchange Commission about them.
Halliburton Co. is considering making a play to purchase rival Baker Hughes Inc. and create an oil field services giant worth $67 billion, while Chicago billionaire and real estate tycoon Samuel Zell is one of three parties attempting to buy a portfolio of more than 100 grocery stores from Albertsons LLC.
Thirteen states and the District of Columbia on Monday told the D.C. Circuit it should toss Murray Energy Corp.'s bid to sink the U.S. Environmental Protection Agency's proposed rule to cut greenhouse gas emissions at existing power plants, calling the challenge premature and meritless.
A coalition of environmental groups sued California regulators in state court on Wednesday, claiming the state violated the California Environmental Quality Act by issuing permits allowing Aera Energy LLC to drill in South Belridge Oil Field in Kern County without first carrying out a required environmental review.
New York power generators called Sen. Charles Schumer’s plans to to block the Federal Energy Regulatory Commission’s controversial “capacity zone” in New York’s Hudson Valley “misguided meddling,” saying the scheme is working to increase capacity in the high-need area.
Canada’s PrairieSky Royalty Ltd. said Thursday that it is acquiring fellow oil royalty company Range Royalty LP for about C$699 million ($615 million), thus gaining a foothold in Saskatchewan’s Viking oil play, just months after it was spun off from Encana Corp.
New York state awarded $206 million to support four renewable energy projects upstate on Wednesday, including wind and hydroelectric power, part of a publicly funded program to reduce greenhouse gas emissions and upgrade energy infrastructure.
The city of Denton, Texas, on Wednesday argued that a lawsuit filed by a group of mineral interest owners alleging the city's drilling moratoria are illegal takings belongs in federal court because it raises Fifth Amendment claims.
An Illinois federal judge on Wednesday dismissed Koch unit KM Railways LLC and BP Products North America Inc. from a class action suit brought by Chicago residents alleging clouds of coal dust blow onto their properties from facilities owned by BP and others.
The World Bank agreed to lend $500 million to the State Bank of Vietnam on Wednesday, to fund the construction of 1,000 kilometers of power lines and install energy-efficient technology into the Vietnamese grid.
A unit of private equity-backed American Energy Partners LP has paid $251 million to acquire stakes in two key Oklahoma shale plays from Double Eagle Energy Holdings LLC and others, the company said Wednesday.
Azure Midstream Partners LP filed Thursday to raise $175 million before listing on the New York Stock Exchange, the day after fellow Texas-based energy master limited partnership Coronado Midstream Partners LP confirmed it filed a confidential draft registration statement with regulators.
A groundbreaking agreement between the U.S. and China to reduce their greenhouse gas emissions raises the stakes on President Barack Obama’s go-it-alone approach to climate initiatives, as the deal and the U.S. Environmental Protection Agency programs behind it will soon be tested by newly empowered Senate Republicans.
Sandia National Laboratories improperly used federal contract funds to lobby federal officials and Congress members for an extension of a multibillion-dollar management contract for a nuclear weapons facility and engaged a former congresswoman in the effort, according to a report released Wednesday by the U.S. Department of Energy's inspector general.
The Fifth Circuit majority opinion’s adherence to history, federal statutory law and U.S. Supreme Court precedent in McBride v. Estis Well Service LLC over limiting injured seamen and their heirs to pecuniary damages will undoubtedly serve as persuasive authority in defending against punitive damage claims in maritime cases nationwide, say attorneys at Sedgwick LLP.
The Federal Courts Jurisdiction and Venue Clarification Act grants a federal district court discretion to permit removal after the one-year period if it finds a plaintiff has “acted in bad faith” to prevent removal, but it didn’t come with a clear definition of "bad faith." Recent case law offers some minimal guidance on how the exception should be interpreted, say Ugo Colella and Todd Seaman of Thompson Hine LLP.
Solar and distributed generation offer asset attributes and capital investment profiles that are well-suited to crowdfunding. Important regulatory pronouncements over the coming months, however, could enhance or hinder the crowdfunding marketplace, say Jim Wrathall and Kristen Young of Sullivan & Worcester LLP.
Schlumberger Ltd. v. Rutherford appears to be unique and should not have a broad impact on typical trade secret lawsuits — most cases do not involve an alleged effort to prevent a former employee’s participation in litigation against the former employer, much less a former in-house attorney, say Scott McLaughlin and Crystal Parker of Jackson Walker LLP.
In a recent case involving the Puerto Rico Electric Power Authority, a bankruptcy appellate panel declined to decide whether electricity is a “good” for purposes of Section 503(b)(9) of the Bankruptcy Code, but it sent a clear message regarding the nature of analysis to be applied in connection with any such assessments, says Doron Kenter of Weil Gotshal & Manges LLP.
Policyholders litigating in a jurisdiction where the law regarding allocation is undecided should be aware of a perception by some courts that an all sums approach is unfair and remind them that the insurer drafted the policy and that no single insurer will actually be left with an obligation to cover all sums, say David Elkind and Daniel Streim of Orrick Herrington & Sutcliffe LLP.
If approved, the Desert Renewable Energy Conservation Plan should help streamline permitting for renewable energy generation projects and transmission projects in the Colorado and Mojave desert areas of California, but it would not be a panacea, say attorneys with Latham & Watkins LLP.
While the Texas Railroad Commission's proposed changes to the way pipelines gain "common carrier" status have garnered attention, the rule will likely have a minimal effect on the ultimate determination of whether a given line is entitled to such status — that decision will remain with the courts, says Brannon Robertson of King & Spalding LLP.
This week, as the Judicial Panel on Multidistrict Litigation embarks on a rare October hearing, we cannot resist mentioning an intriguing MDL petition that involves local rules governing attorney admission and several lawsuits naming members of the federal judiciary — including a JPML member who is also a D.C. district court judge, says Alan Rothman of Kaye Scholer LLP.
With a pending reduction in federal tax credits and a warning from the Legaue of California Cities that its members cannot implement reforms, the solar panel industry should pay close attention to California's new rooftop permitting regime — it remains to be seen whether anticipated "soft cost" savings will be realized, say Brian Nese and Michael Wang of Stoel Rives LLP.