Residents from poor black and Latino neighborhoods who sued the city over policies that placed oil wells close to schools and homes in their neighborhoods argued in court on Friday that they have been swept up into a lawsuit filed by the oil industry, who want to hold them accountable for enacting change within the city’s internal zoning laws.
Read moreTo stabilize crude oil prices hovering around $50 a barrel after dropping by $20 a barrel since October, OPEC and Russia on Thursday are expected to agree to cut oil production by at least 1 million barrels per day. But experts say that lower oil prices have some counterintuitive effects.
Read moreA federal jury convicted a Hong Kong businessman on Wednesday for his role in a more than $2 million bribery scheme that involved two African autocrats – and implicated former presidents of the U.N. General Assembly.
Read moreRecapping testimony about gift boxes stuffed with cash, a federal prosecutor told jurors at closing arguments Tuesday that a Chinese businessman’s globe-hopping corruption scheme has the trappings of a Hollywood thriller.
Read moreThe Supreme Court ordered the U.S. solicitor general on Monday to offer input in two water cases, one involving a pipeline crack that caused an oil spill in South Carolina and the other involving Maui wastewater that drifts into the ocean.
Read moreCasting a 90-story shadow near the United Nations and East River, Trump World Tower once had a unit belonging to China Energy Finance Corp – a company known as CEFC that had grand designs on Russia’s state-run oil giant.
Read moreTwo Greek shipping companies pleaded guilty to Clean Water Act violations and agreed to pay a $4 million fine for discharging oil from a tanker into the Port of Houston and Port Arthur, federal prosecutors said Tuesday.
Read moreVenezuela will hold onto its U.S.-based Citgo refineries, settling a long-standing dispute that threw ownership of the crisis-wracked country’s prized assets into peril as its massive debt mounts.
Read moreThe West Coast crab fishing industry sued dozens of fossil fuel companies in California Superior Court Wednesday, arguing that pollution-caused climate change has shortened the annual crab season and hurt fishing families, communities and businesses.
Read moreConsumer prices across the 19-country eurozone rose at their fastest rate in nearly six years in October, largely on the back of higher energy costs, official figures showed Wednesday.
Read moreA 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.
Read moreFrench 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 morePetrobras, 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 moreChevron 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 moreAn 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 moreA 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 moreThe 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 moreEcuador’s highest court has upheld a $9.5 billion judgment against oil giant Chevron for decades of rainforest damage that harmed indigenous people.
Read moreDelivering 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.
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