Tag: US Justice Department
Lawyer accused of fraud by U.S. in BP oil spill case acquitted
Mikal Watts accused of making up fake clients to sue for BP oil spill By Jonathan Stempel Aug 18 (Reuters) – A prominent Texas lawyer was acquitted on Thursday of charges he made up thousands of fake clients to sue BP Plc for damages that the oil company caused in the 2010 Gulf of Mexico spill, court […]
US sues in effort to block Halliburton buying Baker Hughes
Halliburton, Baker Hughes deal announced before oil prices dropped WASHINGTON _ The Justice Department is suing to stop Halliburton from buying oilfield-services rival Baker Hughes, the latest effort by the Obama administration to block mergers that it believes enrich corporations but hurt consumers. The government argues that the $35 billion deal would lead to higher prices […]
Chesapeake Energy ex CEO Aubrey McClendon dies in car crash
McClendon died shortly after 9 a.m. Wednesday morning after his SUV slammed into a concrete bridge pillar at high speed UPDATE: Oklahoma City police say Aubrey McClendon, a natural gas industry titan who was indicted on Tuesday by a federal grand jury, has been killed in a fiery single-car crash in Oklahoma City. Police Sgt. Ashley Peters says […]
2012 Gulf of Mexico explosion: Trial date set for companies, workers charged
2012 Gulf of Mexico explosion killed three workers NEW ORLEANS _ A federal judge has set a January 2017 trial date for the Justice Department’s criminal case against several companies and workers involved in a deadly 2012 explosion on an oil platform in the Gulf of Mexico. A court filing Thursday says the jury trial […]
Schlumberger subsidiary pleads guilty to US trade sanctions violations
Schlumberger subsidiary conducted business with Sudan and Iran The world’s largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations, the Justice Department announced Wednesday. The criminal case against Schlumberger Oilfield Holdings Ltd. resolves a years long investigation […]
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