Illegal

CFTC Files Charges Against CEO Corzine in MF Global Collapse

The U.S. Commodity Futures Trading Commission (CFTC) Thursday filed its case against MF Global Inc., MF Global Holdings Ltd. and CEO Jon Corzine and an assistant treasurer for illegal use of customer money, calling for 100% restitution of customer losses totaling approximately $1 billion, plus a $100 million penalty, in the firm’s October 2011 bankruptcy

June 28, 2013

Pennsylvania Governor Eyes Fall for Tax Debate

Pennsylvania most likely won’t see a tax or fee on shale development this summer.

June 22, 2011

North Carolina Fracking Study Bills Nearing Passage

Two separate bills calling for a comprehensive study of hydraulic fracturing (hydrofracking) in North Carolina — a state where the practice is currently illegal — are expected to be sent to Democratic Gov. Bev Perdue this week.

June 14, 2011

Wind Industry, BPA Trade Barbs Over Nonhydro Cutbacks

The wind industry accused the federal Bonneville Power Administration (BPA) Monday of illegal and ill-advised moves in the face of record hydroelectric supplies this spring and summer, and it promised legal action to reverse the current operating decision by the Pacific Northwest’s major energy player.

May 25, 2011

Northern Natural Sues to Condemn Kansas Land

Northern Natural Gas Co. last week filed a federal lawsuit to take more than 9,100 acres in south-central Kansas to expand the boundaries of its underground Cunningham Storage Field.

July 26, 2010

Northern Natural Sues to Condemn Kansas Land

Northern Natural Gas Co. has filed a federal lawsuit to take more than 9,100 acres in south-central Kansas so it may expand the boundaries of its underground Cunningham Storage Field.

July 26, 2010

OR LNG Backers Fight Referendum, Get Big Local OK

Facing a ballot measure by its opponents that it alleges is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI last Wednesday.

April 21, 2008

Oregon LNG Developer Fights Referendum, Gets Last Big Local OK

Facing a ballot measure by its opponents that it’s alleging is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval Monday for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report (EIR) expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI Wednesday.

April 17, 2008

People

Legendary Texas oilman Oscar Wyatt, 83, was sentenced to 12 months and one day in prison after pleading guilty in October to paying illegal kickbacks to Saddam Hussein’s energy regime in exchange for oil contracts in 2001 (see NGI, Oct. 8). Wyatt had faced up to 24 months in prison. Judge Denny Chin of the U.S. District Court for the Southern District of New York issued the sentence. Wyatt had earlier agreed to forfeit $11 million as part of his plea agreement. Wyatt pleaded guilty in October four weeks into a criminal trial and shortly before prosecutors were to complete their case. Wyatt, who founded Coastal Corp., which later merged with El Paso Corp. (see NGI, May 8, 2000),was indicted in late 2005 with five other individuals. He had faced up to 70 years in prison if he had been convicted on all five counts of his indictment. Wyatt had also been charged with conducting financial transactions with Iraq, which was an enemy nation in 2001, and for violating a U.S. embargo with Iraq.

December 3, 2007

Wyatt Sentenced to One Year in Federal Prison

Legendary Texas oilman Oscar Wyatt, 83, was sentenced to 12 months and one day in prison Tuesday after pleading guilty in October to paying illegal kickbacks to Saddam Hussein’s energy regime in exchange for oil contracts in 2001 (see Daily GPI, Oct. 2). Wyatt had faced up to 24 months in prison.

November 28, 2007
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