The U.S. Supreme Court Monday denied Shell Oil Co.’s petition to review a whopping $54 million punitive damage award for the producer’s failure to pay a “net-profits interest” to the owners of an Oklahoma oil and natural gas lease.
Denied
Articles from Denied
Weather? What Weather? Prices Rise Anyway
Justification was difficult, but it couldn’t be denied: prices rose across the board Wednesday, with nearly all of the gains in double digits.
Weaver’s Cove Gets ‘Thumbs-Down’ Again From U.S. Coast Guard
The U.S. Coast Guard Friday denied — for a third time — Weaver’s Cove Energy’s appeal and affirmed that the waterway is navigationally unsuitable for deliveries of liquefied natural gas (LNG) to an import terminal proposal for Fall River, MA.
People
In a one-sentence ruling the U.S. Court of Appeals for the Fifth Circuit in New Orleans denied a request by former Enron Corp. CEO Jeffrey K. Skilling to be released from prison on bail while he appeals his 2006 convictions. A Houston jury sentenced Skilling to 24 years in prison after he was convicted on 18 criminal charges related to Enron’s bankruptcy in 2001, but a resentencing was ordered by the circuit court in early 2009 (see Daily GPI, Jan. 7, 2009). In June the U.S. Supreme Court ruled that some of the charges against Skilling should be retried or dismissed (see Daily GPI, June 25).
Judge Refuses to Stay Decision Enjoining Moratorium
A federal judge in New Orleans Thursday denied the Obama administration’s request for a stay of the decision to block enforcement of the Interior Department’s sweeping moratorium on deepwater drilling in the Gulf of Mexico (GOM).
ExxonMobil Says It Never Deliberately Underreported Gas Royalties
ExxonMobil Corp. on Tuesday vehemently denied the U.S. Justice Department’s claims that it deliberately underpaid royalties over a 10-year period on natural gas produced from federal and American Indian leases, adding that the case was settled two years ago.
ExxonMobil Says It Never Deliberately Underreported Gas Royalties
ExxonMobil Corp. on Tuesday vehemently denied the U.S. Justice Department’s claims that it deliberately underpaid royalties over a 10-year period on natural gas produced from federal and American Indian leases, adding that the case was settled two years ago.
Barnett Shale Town Rejects Well Permitting Suspension
A proposal adopt an ordinance to temporarily suspend natural gas drilling permits in Flower Mound, TX, which is in the Barnett Shale region, was denied Thursday night by the town council in a 3-2 vote.
Colorado, Feds Agree on Overlapping Drilling Strategy
Colorado regulators last week denied an energy industry request to delay implementing the state’s new drilling rules on federal land. The rules take effect Wednesday (July 1).
Colorado, Feds Agree on Overlapping Drilling Strategy
Colorado regulators on Wednesday denied an energy industry request to delay the July 1 implementation of the state’s new drilling rules on federal land.