Energy

  • December 18, 2007

    Coalition Requests FERC Investigation Into RTOs

    A coalition of electricity consumers and advocacy organizations has asked the Federal Energy Regulatory Commission to investigate “unreasonable” wholesale power prices in certain U.S. markets.

  • December 17, 2007

    Judge Slams Scotts, Orders New Witness Deposition

    A judge declined to sanction Miracle-Gro maker Scotts Co. LLC for obstructing a deposition in an insurance dispute with Liberty Mutual Insurance Co. but ordered a new deposition of one of its witnesses and strongly admonished the company for its conduct on Thursday.

  • January 1, 2008

    Energy Legislation To Watch In 2008

    Much of what Congress and federal regulators are expected to tackle in 2008 in the realm of energy law could have profound effects on the way energy companies currently do business.

  • December 14, 2007

    $4M Of Oil Cos. Settlement To Fund Air Quality Study

    A federal judge has donated about $4 million in unclaimed money from the settlement of a multidistrict litigation in which oil companies were accused of conspiring to underpay royalties to an air quality project.

  • December 14, 2007

    Pared-Down Energy Bill Garners Mixed Response

    The energy bill passed by the U.S. Senate, which provides for a 40% increase in fuel economy standards but falls short of providing billions in tax breaks to fund renewable energy, continues to stir debate over whether the measure is strong enough.

  • December 14, 2007

    Calpine Poised For Ch. 11 Emergence

    About 91% of Calpine Corp.'s creditors have voted to accept its reorganization plan, which calls for unsecured creditors to recover almost 97% of what they are owed.

  • December 14, 2007

    Korea To Levy More Chemical Price-Fixing Fines

    South Korea's Fair Trade Commission will reportedly hit a handful of major petrochemical companies with millions more in price-fixing fines.

  • December 14, 2007

    CenterPoint Set Loose From Calif. Antitrust Suits

    An appeals court has exonerated CenterPoint Energy Inc. from all the California antitrust claims against it, ruling that it can't be held liable for claims against New Reliant Inc., arising from the energy crisis earlier in the decade, before New Reliant became CenterPoint's subsidiary.

  • December 14, 2007

    Akin Gump Group Puts Spotlight On Climate Change

    Responding to the stepped-up worldwide focus on shifting to clean energy and reducing global warming, Akin, Gump, Strauss, Hauer & Feld LLP has united specialists in trade, energy, transactions and other areas to create a new climate change practice.

  • December 13, 2007

    Alcoa Hit With FLSA Suit Over Unpaid Dressing Time

    Aluminum producer Alcoa Inc. has been hit with a collective wage-and-hour action by hundreds of workers who want to be paid for time spent donning and doffing mandatory safety gear.

  • December 13, 2007

    Merck Puts Up $10M To Fix Creek Pollution

    Merck & Co. Inc. agreed on Thursday to put up $10 million to cover cleanup costs and install pollution controls at a pharmaceutical and vaccine plant where a number of spills discharged toxins into a neighboring creek.

  • December 13, 2007

    Three More Plead Guilty For Fixing Marine Hose Prices

    Three British citizens pled guilty in a U.S. court on Wednesday for conspiring to rig bids, fix prices and allocate market shares of marine hose sold in the United States.

  • December 13, 2007

    Orion's Adviser Balks At $26M Repair Settlement

    The former chief restructuring officer for Orion Refining Corp. is objecting to the company’s distribution trust’s $26 million settlement with a company that led repairs after a 2003 blast ruined an Orion coker unit – and pushed Orion into bankruptcy.

  • December 14, 2007

    Seyfarth Shaw Snags Environmental Partner

    Seyfarth Shaw LLP has pulled in a partner with experience in setting up environmental compliance programs to build up the firm’s environmental, safety and toxic torts team.

  • December 13, 2007

    D.C. Circuit Declines To Stay FERC's Amaranth Fine

    The Federal Energy Regulatory Commission won a major victory Thursday when a federal appellate court refused to stay the commission's $256 million order to show cause against Amaranth Advisors LLC, which stands accused of energy futures market manipulation.

  • December 12, 2007

    Bush Taps Two Names To Fill Energy Regulation Spots

    Handing down a list of nominations on Wednesday, President George W. Bush asked Congress to let Federal Energy Regulatory Commissioner Jon Wellinghoff serve a second term and to appoint a former mine-safety commissioner to become assistant secretary of energy for fossil energy.

  • December 12, 2007

    EPA Takes Heat For “Hot Spot” Analyses

    A circuit court judge on Tuesday ordered the Environmental Protection Agency to reverse gears and remand part of its Final Rules for regulating pollution “hot spots” around highways, finding that the agency's decision to ignore part of the Clean Air Act was “arbitrary and capricious.”

  • December 12, 2007

    Judge Sides With Calif. Over Car Emissions Limits

    A federal court has thrown out a lawsuit brought by the auto industry challenging California's power to curb vehicle emissions, clearing a major obstacle to the state's proposed landmark legislation.

  • December 12, 2007

    Court OKs NRC Allowance Of Uranium Facility

    An appeals court ruled Tuesday that the U.S. Nuclear Regulatory Commission did not break the law when it allowed the construction of a private facility in New Mexico to produce enriched uranium for nuclear reactors.

  • December 12, 2007

    Deadline Passes With No Deal In $1.3B Mittal Mill Sale

    Mittal Steel Co. and international investment group E2 Acquisition Corp. failed to meet a self-imposed midnight deadline on Monday, stalling the $1.35 billion sale of a tin mill as part of an agreement with federal regulators to address antitrust concerns.