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BP Pleads to 11 Felonies, Agrees to $4.5B Macondo Settlement

BP plc, one of the largest producers in North America, agreed Thursday to pay more than $4.5 billion in fines to the federal government to settle criminal claims related to the Macondo well blowout in April 2010, which destroyed the Deepwater Horizon platform and killed 11 men.

November 19, 2012

BP Pleads Guilty to 11 Felony Counts, Makes $4.5B Macondo Settlement

BP plc, one of the largest producers in North America, agreed Thursday to pay more than $4.5 billion in fines to the federal government to settle criminal claims related to the Macondo well blowout in April 2010, which destroyed the Deepwater Horizon platform and killed 11 men.

November 16, 2012

Transocean Offers $1.5B to Settle DOJ Claims

Transocean Ltd., which owned the Deepwater Horizon drilling rig, has offered to pay about $1.5 billion to settle U.S. claims for the April 2010 deepwater disaster, according to a Securities and Exchange Commission (SEC) filing on Monday.

September 12, 2012

EPA Fines Talisman $62K for Chemical Disclosure Violations

The U.S. Environmental Protection Agency (EPA) said Wednesday a subsidiary of Talisman Energy Inc. will pay more than $62,000 in fines to settle charges that the company violated hazardous chemical reporting requirements for the past three years at 52 natural gas drilling sites in Pennsylvania.

July 30, 2012

Chesapeake Agrees to $1.6M Settlement With Pennsylvania Landowners

Chesapeake Energy Corp. has agreed to settle a lawsuit with a group of landowners in Bradford County, PA, who allege the company’s Marcellus Shale drilling operations contaminated their groundwater supplies.

June 26, 2012

February Closes at $2.989; First Sub-$3 Settle in More Than Two Years

February natural gas fell nearly 4 cents Friday in light holiday-flavored trading to settle at its lowest point in more than two years. At the close February had retreated 3.8 cents to $2.989 and March put in an equally uninspired performance, losing 3.9 cents to $3.016. February crude oil fell 82 cents to $98.83/bbl.

January 3, 2012

EOG Settles Pennsylvania Pollution Case

EOG Resources Inc. has agreed to pay the Pennsylvania Fish and Boat Commission (PFBC) $93,710 to settle a late 2010 pollution incident in the Marcellus Shale.

December 19, 2011

Marcellus Gas Inches Closer to Ontario

After a pause to settle landowner disputes along the right-of-way, action is resuming on a pipeline project that will turn the tables on Canadian natural gas exporters by importing U.S. production into Ontario and Quebec.

November 21, 2011

Marcellus Gas Inches Closer to Ontario

After a pause to settle landowner disputes along the right-of-way, action is resuming on a pipeline project that will turn the tables on Canadian natural gas exporters by importing U.S. production into Ontario and Quebec.

November 15, 2011

New York-to-Ontario Marcellus Charge Resumes

After a pause to settle landowner disputes along the right-of-way, action is resuming on a pipeline project that would turn the tables on Canadian natural gas exporters by importing U.S. production into Ontario and Quebec.

November 14, 2011
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