The Antitrust Division of the Department of Justice has approved Baker Hughes Inc.’s (BHI) plan to sell Superior Energy Services two stimulation vessels (the HR Hughes and the Blue Ray) and some other assets used to perform sand control services in the U.S. Gulf of Mexico (see Daily GPI, July 7). The asset sale, expected to close by the end of August, is being conducted in connection with BHI’s acquisition of BJ Services Co. (see Daily GPI, April 29). Once the Superior sale is closed BHI would be free to fully integrate BJ Services into its operations.
Justice
Articles from Justice
Advocacy Group Calls on Congress to Nix Oil, Gas Tax Breaks
A new report by Washington, DC-based Citizens for Tax Justice (CTJ) contends that the major oil and natural gas companies and top executives use the tax breaks from the federal government to line their pockets.
July 13, 2010
DOJ to BP: Report ‘Significant’ Corporate Actions
BP plc and other operators involved in the Gulf of Mexico (GOM) rig explosion have been asked by the Civil Division of the Department of Justice (DOJ) to inform U.S. officials of “any significant corporate actions related to the organization, structure and financial position…” going forward.
July 5, 2010
DOJ to BP: Report ‘Significant’ Corporate Actions
Companies involved in the Gulf of Mexico rig explosion were asked by the Civil Division of the Department of Justice (DOJ) to inform U.S. officials of “any significant corporate actions related to the organization, structure and financial position…” going forward.
July 2, 2010
Baker Hughes, BJ Services Merger Gets Antitrust Nod
Oilfied services firms Baker Hughes Inc. and BJ Services Co. said Tuesday they have reached a final agreement with the Department of Justice’s antitrust division on their proposed merger. The settlement requires the companies to divest assets before closing can occur, and must be approved by the U.S. Court of Appeals for the District of Columbia (see Daily GPI, April 5).
April 29, 2010
API Accuses Interior of Dragging Its Feet on Alaska OCS Analysis
The American Petroleum Institute (API) Thursday accused the the Department of Justice (DOJ) of again missing a filing deadline for a court-ordered analysis of the potential environmental impacts of leasing in the Alaska Outer Continental Shelf (OCS).
March 1, 2010
API Accuses Interior of Dragging Its Feet on Alaska OCS Analysis
The American Petroleum Institute (API) Thursday accused the the Department of Justice (DOJ) of again missing a filing deadline for a court-ordered analysis of the potential environmental impacts of leasing in the Alaska Outer Continental Shelf (OCS).
March 1, 2010
API Accuses Interior of Dragging Its Feet on Alaska OCS Analysis
The American Petroleum Institute (API) Thursday accused the Department of Justice (DOJ) of again missing a filing deadline for a court-ordered analysis of the potential environmental impacts of leasing in the Alaska Outer Continental Shelf (OCS).
March 1, 2010
Supreme Court Asked to Review Anadarko Royalty Case
The Department of Justice (DOJ) last week asked the Supreme Court to overturn an appeals court ruling that has allowed Anadarko Petroleum Corp. to avoid paying royalties allegedly owed over a four-year period on eight oil and natural gas leases in the Gulf of Mexico (GOM).
July 20, 2009
Supreme Court Asked to Review Anadarko Royalty Case
The Department of Justice (DOJ) has asked the Supreme Court to overturn an appeals court ruling that has allowed Anadarko Petroleum Corp. to avoid paying royalties allegedly owed over a four-year period on eight oil and natural gas leases in the Gulf of Mexico (GOM).
July 15, 2009
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