Securities Fraud
A federal judge ordered $7.5 million in disgorgement and penalties Tuesday against Payson Petroleum executives Matthew Carl Griffin and William Daniel Griffin, whom the SEC accused of securities fraud.
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France, Italy Begin Cleanup for Mediterranean Fuel Spill
French and Italian maritime authorities have begun cleaning up a fuel spill that has spread 20 kilometers (12.5 miles) in the Mediterranean Sea after two cargo ships collided north of the island of Corsica.
Read more$1.8 Billion Settlement
Petrobras, the Brazilian oil giant at the center of a giant political corruption scandal, reached a $1.8 billion settlement Wednesday to resolve bribery and bid-rigging allegations from the Securities and Exchange Commission.
Read moreIrony: Big Oil Fights Trump on Greenhouse Gas Emissions
Chevron and Exxon Mobil this week signed on to the fight against climate change, joining a coalition of oil companies pledged to reduce greenhouse gas emissions, tacitly rejecting the Trump administration’s rollback of environmental regulations.
Read moreTwo Convicted in Giant Nigerian Oil Corruption Case
An Italian judge on Thursday convicted two men of being middlemen in a massive bribery scheme involving oil giants Shell and Eni and a lucrative offshore Nigerian oilfield.
Read morePipeline Company Found Guilty in 2015 California Oil Spill
A pipeline company was convicted of nine criminal charges Friday for causing the worst California coastal spill in 25 years, a disaster that blackened popular beaches for miles, killed wildlife and hurt tourism and fishing.
Read moreGroundwater
The Center for Biological Diversity claims in Kern County Court that the Central Valley Regional Water Quality Control Board allowed Valley Water Management Co. to discharge oil industry wastewater, some of it carcinogenic, into dozens of unlined pits, which already have polluted groundwater in a plume that extends for miles.
Read moreTop Ecuador Court Upholds $9 Billion Ruling Against Chevron
Ecuador’s highest court has upheld a $9.5 billion judgment against oil giant Chevron for decades of rainforest damage that harmed indigenous people.
Read moreCourt Zaps Subpoena of Attorney Records on Shell Oil
Delivering another defeat to a human-rights case that fell apart at the Supreme Court, the Second Circuit blocked an order Tuesday that would have forced a U.S. law firm to turn over client records.
Read moreShell Oil Spill
Shell Offshore spilled 80,892 gallons of crude oil into the Gulf of Mexico, which covered 1,270 square miles in the first five days, in May 2016, the United States and Louisiana claim in a federal complaint.
Read moreBig Oil Fights NYC Challenge With Academic Gusto
As epic in scope as the global challenge it tackled, the first hearing Wednesday in New York City’s attempt to impute liability on oil companies for climate change featured a 90-minute salon on modern history.
Read moreOil Spill Fire Chokes Indonesian Port City; 4 Dead
Waters off an Indonesian port city reek like a gas station after an oil spill and fire that killed four people over the weekend, an official said Wednesday.
Read moreThird Circuit Says Citgo Must Pay Lion’s Share for Spill Cleanup
The Third Circuit said Thursday that three units of oil refiner Citgo must pay most of the $100 million-plus bill for cleaning up a 2004 oil spill in the Delaware River.
Read moreQatar, UAE Extend Oil Field Concession to Japan Amid Crisis
Qatar and the United Arab Emirates each extended a concession to an offshore oil field they share to a Japanese consortium on Tuesday despite a diplomatic crisis between the two of them tearing at the region.
Read moreSwiss Arrest 2 in Alleged Oil Corruption Case
Geneva regional prosecutors have made two arrests after opening a criminal investigation of a Swiss consulting firm that served as a conduit between Venezuela’s state oil company and some of its biggest clients.
Read moreVenezuela-Linked Trust Sues Foreign Oil Traders for Bribes
A trust linked to Venezuela’s state oil company PDVSA has filed a lawsuit against major international energy trading firms for their alleged role funneling bribes to corrupt company officials in exchange for rigged oil purchase contracts.
Read moreShipper Accused of Smuggling in $32M Lawsuit
A trading company claims in a federal complaint that the Liberian company it contracted to ship hundreds of thousands of barrels of oil also tried to smuggle weapons to Yemen, and let Saudi Arabian forces confiscate the oil when it got caught.
Read moreBig Oil Climate Change Suits Stay in Federal Court
A federal judge on Tuesday sided with Big Oil’s request to keep two climate change suits in federal court, a move that could foreshadow doom for efforts to hold oil companies liable for rising sea levels.
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