Energy

  • July 9, 2008

    DOE Not Ready To Manage Eco-Energy Loans: GAO

    The U.S. Department of Energy is not ready to effectively manage a federal loan guarantee program meant for innovative environmental energy projects, according to a new study by the Government Accountability Office.

  • July 9, 2008

    Six Plaintiffs Settle In BP Texas City Case

    Six plaintiffs in the civil trial against oil giant BP Plc over a deadly refinery explosion in Texas have quietly settled the case, leaving four cases remaining to continue on with court proceedings.

  • July 9, 2008

    Reliant Wins Fourth Extension To File Plan

    A month after Bankruptcy Judge Mary Walrath signed off on Reliant Energy's $500 million sale of its Channelview plant, she has granted the company its fourth extension to file a reorganization plan.

  • July 9, 2008

    CFTC Director To Join McDermott Will & Emery

    Commodity Futures Trading Commission Director of Enforcement Gregory Mocek will enter the private sector to join McDermott Will and Emery LLP.

  • July 9, 2008

    EU Backs A Compromise On Gas Unbundling

    The European Parliament voted on Wednesday in support of a measure to liberalize the natural gas market without enforcing full unbundling, reaching a compromise between the European Commission's proposal and concerns expressed by France and Germany.

  • July 9, 2008

    DOI Sued For Allowing 'Incidental' Polar Bear Take

    Two conservation groups have sued the U.S. Department of the Interior for authorizing the “incidental take” of Pacific walruses and polar bears during oil and gas exploration in Alaska's Chukchi Sea.

  • July 9, 2008

    Judge Refuses To Toss Puerto Rico's MTBE Claims

    A district judge has refused to dismiss the Commonwealth of Puerto Rico's lawsuit against units of Chevron Corp., Citgo Petroleum Corp., Exxon Mobil Corp. and other oil companies accused of creating environmental havoc through their use of MTBE.

  • July 8, 2008

    Trial Date Set For DTE Energy In Mercury Case

    A Canadian court has set a February trial date for a case that accuses Michigan's DTE Energy Co. of contaminating Canada's St. Clair River with mercury emitted from two of its coal-fired power plants.

  • July 8, 2008

    EU Lawmakers Vote To Cap Airline CO2 Emissions

    In an overwhelming vote that drew harsh criticism from the airline industry, European Union lawmakers approved an agreement Tuesday to include the aviation industry in the EU's emissions trading scheme.

  • July 8, 2008

    Report Prompts U.K. To Rethink Biofuel Boom Policy

    The United Kingdom government said on Monday that it would “proceed cautiously” with the introduction of biofuels, after a report warned that the alternative energy method could increase greenhouse gas emissions and contribute to rising food prices.

  • July 8, 2008

    Deutsche Bank Freed Of Most Claims In ARS Suit

    A federal judge has dismissed all but one claim from an auction rate securities suit brought by alternative energy company Xethanol Corp. against Deutsche Bank Securities Inc.

  • July 7, 2008

    Judge Rules For Tremont In Halliburton Dispute

    A federal judge in Texas has affirmed an arbitrator's decision in a dispute between Halliburton Energy Services Inc. and Tremont LLC over costs stemming from the cleanup of NL Industries Inc.'s former petroleum businesses.

  • July 8, 2008

    La. Act 312 Will Apply To Cleanup In Exxon Suit: Court

    The Louisana Supreme Court has sent a dispute between M.J. Farms Ltd. and Exxon Mobil Corporation over the applicability of environmental legislation that was passed while the suit was pending back to a lower court, after finding that the application of Louisiana Act 312 to the case was not unconstitutional.

  • July 7, 2008

    Massachusetts Signs Off On Clean Energy Act

    The governor of Massachusetts has signed off on a law that would include provisions to develop and use green energy measures, with a goal of meeting at least 25% of the state's electricity needs through energy efficiency and 20% through renewable and alternative energy generation by 2020.

  • July 7, 2008

    Ninth Circuit Allows GE Unit To Seek Default Interest

    A federal appeals court has found that a bankruptcy court applied the wrong rule when it concluded that a bankrupt disk replication firm did not have to pay default interest and attorneys’ fees to a General Electric Co. finance unit.

  • July 3, 2008

    In BLM Reversal, Solar Projects To See Light Of Day

    The Bureau of Land Management will continue to accept new applications for solar projects on public lands while it studies the environmental impact of such projects, the agency announced Wednesday.

  • July 3, 2008

    Lawmakers Urge Ethanol Reduction

    The EPA has yet to respond to a letter that 51 House Republicans sent last week urging the agency to adjust the Renewable Fuel Standard as domestic food prices soar.

  • July 3, 2008

    Harman Appeals Massey Decision To Supreme Court

    Harman Mining and its owner Hugh Caperton filed an appeal Wednesday with the U.S. Supreme Court over a West Virginia Supreme Court ruling that nullified a $76.3 million verdict against Massey Energy Co.

  • July 3, 2008

    Suit Says Citgo Played Favorites With Distributors

    An Oklahoma gasoline distributor has filed a proposed class action against Citgo Petroleum Corp. alleging that Citgo secretly charged different prices to different distributors as part of a strategy to boost sales.

  • July 3, 2008

    U.S. Gives Antitrust Clearance To BHP-Rio Tinto Deal

    Global mining giant BHP Billiton Ltd. has won preliminary antitrust approval in the United States for its $170 billion hostile bid for Rio Tinto Plc.