Corporate Liability

BP Case Reflects FERC’s Broad View Of Its Jurisdiction

A BP station in downtown Chicago - at th

The FERC issued an order affirming an Administrative Law Judge’s Initial Decision finding that BP America and certain affiliated entities violated FERC’s prohibition on market manipulation, the Anti-Manipulation Rule.

Stocks Look To Open Higher To Start The Week

Since the beginning of 2015, approximately 50 exploration and production companies in the United States and Canada have filed for bankruptcy, with the combined debt of these companies approaching $20 billion.

SK Corporation Oil Refinery In South Korea

It’s not usually a good idea to dis federal regulators. FirstEnergy doesn’t seem to care. Almost two months ago, the Federal Energy Regulatory Commission (FERC) ruled against the Ohio-based utility giant’s request to bail out its uneconomic power plants. FirstEnergy then tweaked its proposal to obtain the same result but, according to its CEO, “without… Keep reading →

View of icebergs taken in the Norvegian

A new paper has revealed large amounts of ice breaking off from East Antarctica that could increase world sea levels. “The findings about East Antarctica emerge from a new paper just out in Nature Geoscience by an international team of scientists representing the United States, Britain, France and Australia. They flew a number of research flights over… Keep reading →