As entrepreneurs look to develop new forms of offshore renewable energy, the Federal Energy Regulatory Commission and the Department of the Interior have bickered over who should oversee the projects.
In an effort to address soaring U.S. gasoline prices, a U.S. congressman has put forth legislation calling for a moratorium on mergers in the petroleum industry.
A hearing originally ordered for Tuesday over BP Products North America Inc.’s alleged anti-competitive behavior in trading propane futures has been pushed back to Sept. 20, after the Department of Justice won its request for more time to complete an ongoing criminal investigation.
Three billion-dollar lawsuits have been filed against some of the biggest players in the petroleum industry, alleging that a gasoline additive has contaminated local water supplies in Florida and that the defendants disregarded the additive’s hazards.
The South African Competition Tribunal on Wednesday came down hard on Mittal Steel SA, finding the “super-dominant” company guilty of abusing its power and inflating prices, in a ruling that may lead to restructuring of the country’s steel industry.
Investors accused by securities regulators of insider trading in relation to the purchase of energy company TXU Corp. by private equity firms have once again had their assets frozen by a federal court.
The European Commission will decide on Wednesday whether it should take Spain to Europe’s highest court for its continuous interference in the proposed merger of E.On AG and Endesa SA.
A worker’s death last year in a Pennsylvania coal mine resulted from “flagrant violations” of federal regulations, including poor ventilation and blasting practices and inadequate miner qualifications, federal investigators have found.
The European Union's energy commissioner has repeated his opposition to an OPEC-style natural gas cartel among producing countries, echoing his American counterpart in saying that such a cartel could make the gas market less reliable.
The Supreme Court on Monday declined to review a ruling that removed a district court judge from a class action lawsuit pitting Native Americans against the Department of the Interior over lost energy royalties.
In a ruling that clarifies the meaning of the term “original source” in cases brought under the False Claims Act, the U.S. Supreme Court held that a retired engineer who filed a qui tam suit over practices at the nuclear weapons plant where he worked is not eligible to share $4.2 million the government won after fraud at the plant came to light.
In a move to bolster the firm’s global energy projects practice and expand its international reach, Fulbright & Jaworski LLP has added a new partner to its London office.
With the Federal Energy Regulatory Commission trying its hand at enforcement, energy companies are scrambling to shape up their compliance efforts before they are hit with millions of dollars in fines.
Christophe de Margerie will reportedly stay on as chief executive officer of Total SA despite an ongoing French judicial inquiry into the company’s activities at the South Pars gas field in Iran.
The Commodities Futures Trading Commission has accused nine phony futures trading firms of bilking investors out of millions of dollars by soliciting investments using false Web sites and fictitious futures exchanges.
German power giant E.On AG has launched legal actions against Italian energy company Enel SpA and Spanish conglomerate Acciona SA for allegedly interfering with its bid for Endesa, the company said Monday.
British Petroleum PLC has been slapped with four additional lawsuits by residents and employees who claim they were injured when the company’s Texas oil refinery exploded in March 2005.
A citizen group has brought a lawsuit against a company planning to build an ethanol plant in a small town in Illinois, saying the permit it applied for allows the company to violate the Clean Air Act.
Steven Griles, an oil and gas lobbyist and former deputy secretary of the Department of the Interior, pled guilty on Friday to obstructing the Senate’s investigation of fallen lobbying giant Jack Abramoff.
A judge on Friday banned Total SA’s CEO, Christophe de Margerie, from meeting former Iranian president Ali Akbar Hashemi Rafsanjani and his son after cross-examination of another executive revealed connections between the two parties.