Energy

  • October 4, 2007

    Calpine's Shareholders Denied Request For Stay

    A federal judge has shot down an attempt by Calpine Corp.'s shareholders committee to stay the company's bankruptcy proceedings until after the committee appeals the approval of the energy company's disclosure statement.

  • October 4, 2007

    Amaranth Seeks Stay Against FERC Action

    Collapsed hedge fund Amaranth Advisors LLC has once again asked a court to stay the lawsuit filed against it by the Federal Energy Regulatory Commission, arguing that the case should be put on hold until the conclusion of a similar matter filed by the U.S. Commodity Futures Trading Commission.

  • October 4, 2007

    Marathon Price-Gouging Suit Sent Back To Ky.

    An $89 million lawsuit brought by Kentucky’s attorney general against Marathon Oil Corp. will return to state court after a judge dismissed a bid by the energy company to defend itself in a federal venue.

  • October 3, 2007

    Chevron-Led Oil Venture Fined $609M

    The Kazakhstan government has reportedly hit a Chevron Corp.-led oil venture with a $609 million fine for illegally stockpiling sulfur at the Tengiz oilfield in the western part of the country.

  • October 8, 2007

    Old Mining Law Under New Scrutiny

    Under the Mining Law of 1872, which remains largely on the books, miners can extract gold, uranium and other hard-rock minerals without paying any royalties to the U.S. government. That may soon change, however, as lawmakers have begun pushing for new legislation that would put the hard-rock mining industry on similar terms as the coal, oil and natural gas industries.

  • October 4, 2007

    Govt. Wins Time In Dana Superfund Feud

    After receiving a "no" from the bankruptcy court, federal prosecutors have been granted a temporary reprieve by a Manhattan district court judge to resolve a spat over the proposed estimation procedures for determining environmental claims in Dana Corp.'s Chapter 11 case.

  • October 3, 2007

    Edison Fights $200M Order In Survey Rigging Case

    Southern California Edison plans to appeal an order forcing the utility to pay $200 million in penalties for altering customer satisfaction surveys and safety documents to collect larger bonus payments.

  • October 3, 2007

    Global Power Trustee Fights Bid To Hire 2nd Agent

    The U.S. Trustee overseeing Global Power Equipment Group Inc.’s bankruptcy case lashed out at the power-plant equipment manufacturer’s bid to retain Financial Balloting Group LLC as its balloting and solicitation agent, claiming that the company has not justified the need for such a move.

  • October 4, 2007

    National Grid Gives Up Fight For LNG Terminal

    National Grid PLC has dropped its appeal of a Federal Energy Regulatory Commission decision that blocked its controversial plans to develop a liquefied natural gas terminal in Providence, R.I.

  • October 3, 2007

    FTC Drops Bid To Block Western Refining Merger

    The Federal Trade Commission has voted to drop its challenge of the proposed $1.4 billion merger between Western Refining Inc. and Giant Industries Inc., despite its continuing belief that the merger is anti-competitive.

  • October 11, 2007

    Underfunded Superfund Draws Calls For Reform

    As alarm about the U.S. Environmental Protection Agency Superfund's dwindling budget and worries that cleanup has lagged have spread, Capitol Hill Democrats recently indicated that they could be gearing up to investigate and possibly reform the program.

  • October 2, 2007

    Jury Finds Dupont Negligent Over Waste Site

    A West Virginia jury has found DuPont was negligent in its treatment of a 112-acre waste site believed to be contaminated with arsenic, cadmium and lead, with some residents fearing their exposure to the area may lead to health problems.

  • October 2, 2007

    Shareholders Fight On Against Calpine's Disclosure

    A committee of shareholders is looking to appeal the approval of Calpine Corp.'s disclosure statement, saying it provides insufficient notice of the energy company's valuation.

  • October 4, 2007

    Dems Push For Increased 'Environmental Justice'

    Democratic legislators are pushing ahead with two new bills aimed at re-strengthening toxic emissions reporting requirements and improving the health of low-income and minority communities.

  • October 2, 2007

    CFTC Claims Record Wins With Year-End Stats

    With the release of its fiscal year-end enforcement results Tuesday, the Commodity Futures Trading Commission revealed that it had honed in on energy market manipulation and raked in over $540 million from targets, in spite of recent gripes that its abilities are hampered by limited funding and staffing.

  • October 3, 2007

    Enron Says Citigroup Is Silencing Workers

    A lawyer for the Enron Creditors Recovery Corp. has accused Citigroup Inc. of keeping its former employees from testifying.

  • October 3, 2007

    FERC To Revisit Edison Contract Dispute

    A federal appeals court handed Southern California Edison a win on Tuesday, ordering the U.S. Federal Energy Regulatory Commission to interpret an electrical interconnection service agreement between Edison and the City of Corona, Calif., under state law.

  • October 2, 2007

    Md. Fines Constellation, Orders Fly Ash Clean-Up

    Constellation Power Source Generation Inc. and dump site operator BBSS Inc. have agreed to pay a $1 million penalty and clean up drinking water that was allegedly contaminated by the companies' fly ash disposal projects.

  • October 2, 2007

    Tribunal Tells Argentina To Pay $172M To Energy Co.

    California-based Sempra Energy won a $172 million arbitration claim against the government of Argentina in a dispute linked to the country's economic crisis.

  • October 3, 2007

    Sullivan & Worcester Adds Two To Energy Group

    Sullivan & Worcester LLP has added two lawyers to its energy and environmental group in Washington, strengthening its regulatory and transaction power.