Four major competitors of BP plc broke ranks with the embattled oil giant last Tuesday — telling a House subcommittee that they would have drilled differently the deepwater well that has been spewing oil in the Gulf of Mexico (GOM) for nearly two months.
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Buffett Might Find Competition for Constellation’s Hand
While things still appear aligned for Warren Buffett’s MidAmerican Energy Holdings to scoop up embattled Constellation Energy for $4.7 billion, or $26.50/share (see Daily GPI, Sept. 19), reports in a number of newspapers indicate that there could be a dark horse that might swoop in over the weekend with a competing offer, one that is rumored to be more than a billion dollars sweeter to Constellation.
Islander East Takes Another Punch in the Stomach
The embattled Islander East Pipeline took another punch in the stomach last Wednesday when a federal appellate court in New York affirmed a lower court’s decision that blocks the Connecticut-to-Long Island project from going forward.
Islander East Takes Another Punch in the Stomach
The embattled Islander East Pipeline got another punch in the stomach Wednesday when a federal appellate court in New York affirmed a lower court’s decision that blocks the Connecticut-to-Long Island project from going forward.
Coast Guard Rejects Appeal of Weaver’s Cove Decision
The embattled Weaver’s Cove liquefied natural gas (LNG) terminal project has received more bad news from the U.S. Coast Guard. While some might believe this would be the last nail in the project’s coffin, the company says it has no plans to give up.
Coast Guard Rejects Appeal of Weaver’s Cove Decision
The embattled Weaver’s Cove liquefied natural gas (LNG) terminal project received more bad news from the U.S. Coast Guard last Friday. But the company says it has no plans to give up.
Maryland Frowns on Sparrows Point LNG Project’s Pipe Route
The embattled AES Corp.’s Sparrows Point liquefied natural gas (LNG) terminal project, which has been proposed for Baltimore, MD, has been dealt another blow. The Maryland Department of Transportation (DOT) said the project’s proposed 87-mile pipeline, the Mid-Atlantic Express, would infringe on the rights-of-way (ROW) of U.S. Interstate-695.
Maryland Frowns on Sparrows Point LNG Project’s Pipe Route
The embattled AES Corp.’s Sparrows Point liquefied natural gas (LNG) terminal project, which has been proposed for Baltimore, MD, has been dealt another blow. The Maryland Department of Transportation (DOT) said the project’s proposed 87-mile pipeline, the Mid-Atlantic Express, would infringe on the rights-of-way (ROW) of U.S. Interstate-695.
Sen. Craig Temporarily Stripped of Committee Posts Amid Scandal
Embattled Sen. Larry Craig (R-ID) will temporarily step down from key committee posts amid Senate Republican leadership calls for his resignation in the wake of his arrest by an undercover police detective investigating lewd conduct in a men’s room at the Minneapolis Airport.
Watchdog Group: Burton Exit First Step Toward Systemic Reform of MMS
The announced departure of embattled Minerals Management Service (MMS) Director Johnnie Burton last week is a good first step, but much more needs to be done to improve the integrity of the agency, said a Washington, DC-based independent watchdog group.