Tuesday, March 31, 2020

Federal Court News

Government Shutdown: Atlantic Seismic Permitting Blocked by Judge

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A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump…

US Allows Williams More Time for NY-Penn. Natgas Pipeline

U.S. energy regulators gave Williams Cos Inc two more years until December 2020 to get the approvals needed to build its long-delayed Constitution natural gas pipeline from Pennsylvania to New York…

Settlement Reached in Petrobras' Texas Refinery Emissions Case

(Photo: Petrobras)

A U.S. unit of Brazilian state-run company Petrobras agreed to pay $3.5 million to settle a lawsuit over alleged toxic emissions from its Pasadena, Texas, oil refinery, two environmental groups…

Brazil Court Blocks $892.7 mln from SBM Related to Petrobras Contracts

A Brazilian federal court ruled that state-run oil company Petroleo Brasileiro SA can subtract $892.7 million it owes in future fees to Dutch group SBM to cover fines and damages it has been ordered to pay Petrobras for its role in a g

U.S. Court Dismisses Climate Change Lawsuits Against Oil Majors

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A California federal court dismissed climate change lawsuits against five oil companies by the cities of San Francisco and Oakland, saying the complaints required foreign and domestic policy…

Massachusetts Top Court Rules Against Exxon in Climate Change Probe

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Massachusetts' top court on Friday rejected Exxon Mobil Corp's bid to block the state's attorney general from obtaining records to investigate whether the company for decades concealed its…

U.S. Court Preliminarily Approves Petrobras Class Action Settlement

A U.S. federal court preliminarily approved on Wednesday the terms of a $3 billion class action settlement Brazilian state oil company Petroleo Brasileiro SA reached with U.S. shareholders in January…

Ex-Keppel Lawyer Cooperated in Brazil Bribery Probe

A former lawyer at Keppel Corp Ltd's oil rig building business secretly pleaded guilty and cooperated with U.S. authorities before the Singapore-based company agreed to pay $422 million to settle charges it bribed Brazilian officials…

Petrobras CEO: Brazilian Court to Examine Statoil Contract

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A transaction between Statoil and Petrobras that could be worth up to $2.9 billion will likely be scrutinised by Brazil's Federal Court of Accounts (TCU), the CEO of Petrobras said on Monday.

SBM Offshore to Pay $238 Mln in US Bribery Case

SBM Offshore NV, a Netherlands-based maker of offshore oil drilling equipment, and its U.S. subsidiary, SBM Offshore USA Inc, agreed to settle criminal charges of bribing officials in five countries and pay a $238 million penalty…

Brazil Court Overturns Injunction Blocking Oil Auction

A Brazilian federal court overturned on Friday an injunction issued a day earlier which was blocking the start of an auction for oil blocks in Brazil's offshore pre-salt area. Energy minister…

Brazil Court Freezes Petrobras's TermoBahia Sale

A Brazilian federal court on Monday temporarily halted the sale by Petroleo Brasileiro SA of its 50 percent stake in thermal power station operator TermoBahia to Total Brasil E & P, part of France's Total…

Tanker with Disputed Kurdish Oil Reappears off Malta

The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday.

Canada Orders Seizure of Oil Tanker

The Federal Court of Canada has ordered the seizure of a 721,915-barrel cargo of crude from Kurdistan aboard the "Neverland" oil tanker on the request of the Iraq Oil Ministry, court documents show.

US Charges Penn West Petroleum with Accounting Fraud

U.S. securities regulators on Wednesday filed civil accounting fraud charges against Canada-based oil and gas company Penn West Petroleum Ltd and several of its former top finance executives. The U.S.

Monroe Energy Says BP Violated Its Contract

BP PLC violated its supply contract when it sold oil to refiner Monroe Energy that was a blend of lower-valued Texas crude with premium varieties, Monroe alleged in a federal court filing last week.

Exxon Blasts NY Prosecutor's Climate Probe as 'Reckless'

Photo: Office of New York Attorney General Eric Schneiderman

New York Attorney General Eric Schneiderman has requested more materials from the oil producer as part of an ongoing probe that has already reviewed nearly 3 million documents. The attorney general…

Exxon's Climate Change Math 'May Be a Sham' -NY Prosecutor

New York's top prosecutor on Friday increased pressure on Exxon Mobil to turn over records of internal assessments of the risks global warming poses to its businesses, claiming to already have…

Petrobras settles four more lawsuits with investors in U.S

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Brazil's state-run oil company Petróleo Brasileiro SA, or Petrobras, said on Friday its board has approved settlements with investors in four more lawsuits in a U.S. federal court in New York.

Tribes Urge Judge to Block Dakota Pipeline

Native American tribes seeking a halt to construction of the final link in the Dakota Access Pipeline will argue in federal court on Monday that the project will prevent them from practicing…