BP plc still faces legal hurdles, but it jumped a big one after clinching a hard-fought settlement earlier this month with the Plaintiff’s Steering Committee (PSC) to resolve a “substantial majority of legitimate economic loss and medical claims” from the Macondo well blowout two years ago in the deepwater Gulf of Mexico. The PSC acts on behalf of thousands of individuals and businesses in the multi-district litigation (MDL) proceedings pending in New Orleans (MDL 2179).
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BP Trial Halted After $7.8B Accord Reached
BP plc still faces legal hurdles, but it jumped a big one late Friday after clinching a hard-fought settlement with the Plaintiff’s Steering Committee (PSC) to resolve a “substantial majority of legitimate economic loss and medical claims” from the Macondo well blowout two years ago in the deepwater Gulf of Mexico. The PSC acts on behalf of thousands of individuals and businesses in the multi-district litigation (MDL) proceedings pending in New Orleans (MDL 2179).
Pennsylvania Lawmakers Go into Overtime on Impact Fee, Local Control
On the final evening of debate before state lawmakers recessed for the year, critics of a impact fee in Pennsylvania fought to increase the amount of revenue raised by the proposal.
House, Senate Strike Deal on Pipe Safety Legislation
The House and Senate have reached a hard-fought agreement on pipeline safety legislation (HR 2845), setting the stage for Congress to pass the bill before it adjourns for the year, the leaders of the House Transportation and Infrastructure committee said Thursday.
House, Senate Strike Deal on Pipe Safety Legislation
The House and Senate have reached a hard-fought agreement on pipeline safety legislation, the leaders of the House Transportation and Infrastructure committee said Thursday.
Weaver’s Cove LNG Terminal Scrapped
Proponents of the Fall River, MA, liquefied natural gas (LNG) import terminal, who fought for years to build Weaver’s Cove LNG, withdrew their application last week with barely a whimper.
Controversial Weaver’s Cove LNG Terminal Scrapped
Proponents of the Fall River, MA, liquefied natural gas (LNG) import terminal, who have fought for years to build Weaver’s Cove LNG, withdrew their application on Monday with barely a whimper.
House GOP Blocks Tax Break Repeal; Senate on Deck
House Republicans fought back a Democratic drive last Thursday to repeal a major tax break for oil and natural gas producers. The issue now moves to the Senate, where its fate is uncertain.
Sponsor Sees Limits to New York Fracking Ban
New York state lawmakers have no plans to extend their proposed ban on the issuance of new permits for drilling involving hydraulic fracturing (fracking) beyond the May 15 deadline included in a bill recently passed by both chambers of the state’s legislature, according to Assemblyman Robert Sweeney (D-Suffolk County).
Murkowski’s Senate Seniority Hangs in Balance
It’s been more than a week since Alaska’s write-in candidate Sen. Lisa Murkowski (R-AK) declared victory in the fiercely fought contest with Republican challenger and Tea Party-backed candidate Joe Miller and the Alaska Republican Party embraced her as the winner, but Miller has refused to concede — a move that could damage the state’s interests on Capitol Hill (see Daily GPI, Nov. 19).