Legal

British Government Signs A Deal For New Nuclear Power Plant

By Arjun Kharpal U.K. regulator Ofgem has called for a full investigation into the country’s energy market, to “clear the air” over competition and whether the public is being ripped off. The move comes amid rising anger towards the so-called “Big Six” energy companies which have been accused of hiking energy bills to boost their… Keep reading →

San Francisco Career Fair Helps Military Veterans Find Jobs

The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →

Chevron Argues In U.S. Court That 18 Billion Dollar Judgement In Ecuador Court Was Obtained Thru Bibery

As the courts continue to decipher myriad legal issues stemming from pollution that occurred decades ago in an Ecuadorian rainforest region, today Chevron won a decision that stated a previous multibillion dollar judgment had been obtained by fraud. The pollution occurred during oil development activities undertaken by Texaco and national oil company Petroecuador from the… Keep reading →

FERC, CFTC Agreement Finally Inked

CFTC And SEC Heads Testify Before Senate Appropriations Committee

The recent memoranda of understanding (“MOUs”) entered between the Federal Energy Regulatory Commission (“FERC”) and the Commodity Futures Trading Commission (”CFTC”) made significant progress towards alleviating the long-time tension between the two agencies. On January 2, 2014, the FERC and the CFTC signed two MOUs on jurisdiction (“Jurisdiction MOU”) and information sharing (“Information Sharing MOU”)… Keep reading →

Natural Gas Prices In Midwest Could Jump Over 70% After Katrina

Northern Illinois residents are challenging natural gas distributor – Nicor Gas – in a class action suit that alleges the company misrepresented to customers the benefits of its gas-line insurance program, known as ComfortGuard, for which they paid a $60 annual fee. The utility recorded millions of phone calls over the course of a decade… Keep reading →

Surging Oil Industry Brings Opportunity To Rural California

Standard and Poor’s downgraded its outlook on US-based independent Anadarko due to the likelihood of a court settlement that could exceed $9 billion. The case dates back to subsidiary Kerr-McGee’s 2002 corporate restructuring and the company’s 2005 spin-off of its titanium dioxide business. “Our negative outlook reflects our view that a Tronox settlement in excess… Keep reading →

Sandy Spawns Blizzard Across Parts Of West Virginia And Maryland

The US power sector is staring down the barrel of a labor shortage of crisis proportions. With workers in all aspects of the industry retiring faster than new recruits are replacing them, the industry has a lot of work to do to position itself as a magnet for new talent. “There are a number of… Keep reading →

Qatar Petroleum Refinery

What can cost a billion dollars more each week before it even exists? At the end of September, the Louisiana governor’s office projected that a new gas to liquids project announced by Royal Dutch Shell would cost an estimated $12.5 billion. Less than a week into December, the multinational energy giant cancelled its plans amid… Keep reading →

California's Fertile Central Valley Suffers From Statewide Drought

How far below the ground surface do property rights extend? This question is being addressed in Texas Supreme Court and could result in the emergence of a new field of law. The case involves contamination from an oil and gas wastewater injection well that appears to have migrated onto adjacent farmland, according to a New… Keep reading →

The National Oil Spill Commission Releases Final Report On BP Oil Spill

In a rare move, the UK government has come out in defense of BP regarding the US EPA’s decision to suspend the company from new government contracts. Members of the UK government filed a midnight brief on Monday saying the EPA’s decision could negatively impact jobs and pension funds invested in the UK super major.… Keep reading →

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