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June's top stories: Williams rejects takeover offer, US FTC approves $70bn merger

2015-07-01 01:00:00| Hydrocarbons Technology

Williams Companies is still seeking 'strategic alternatives' after rejecting a $53.1bn takeover offer from Energy Transfer Equity (ETE). US Federal Trade Commission has given anti-trust regulatory clearance to Royal Dutch Shell's proposed $70bn acqui

Tags: top offer stories williams

U.S. Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties

2015-06-29 19:14:56| Oil & Gas - Topix.net

Fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon, off Louisiana, in this April 21, 2010 file handout image. The high court left in place a June 2014 ruling by the New Orleans-based 5th U.S. Circuit Court of Appeals, which said the companies were liable for civil penalties under the federal Clean Water Act.

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Supreme Court rejects Obama drive to cut power plant emissions

2015-06-29 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: The Supreme Court on Monday ruled against an Environmental Protection Agency regulation limiting mercury and other toxic emissions from power plants, undermining the Obama administration's drive to cut pollution from electricity generators. The case looked at the EPA's regulation of mercury and other emissions from power plants under the Clean Air Act, which Republicans have attacked as a "war on coal" and an example of presidential overreach. The EPA interpreted the law "unreasonably" when...

Tags: power drive court cut

U.S. Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties

2015-06-29 15:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Supreme Court on Monday rejected bids by BP Plc(BP.L) and Anadarko Petroleum Corp(APC.N) to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill. The high court left in place a June 2014 ruling by the New Orleans-based 5th U.S. Circuit Court of Appeals, which said the companies were liable for civil penalties under the federal Clean Water Act. The April 20, 2010, Deepwater Horizon drilling rig explosion and Macondo oil well rupture killed...

Tags: court supreme horizon penalties