LUKOIL dismisses claims of money laundering and tax evasion in Romania
Jul 13, 2015
LUKOIL has strongly denied accusations of money laundering and tax evasion brought against Petrotel-LUKOIL and its employees by the

BP to settle federal, state and local Deepwater Horizon claims for up to $18.7 billion
Jul 6, 2015
The Disclosure and Transparency Rules (DTR) made by the Financial Conduct Authority govern amongst other matters the disclosure

Tullow Oil settles capital gains tax dispute in Uganda
Jun 23, 2015
Tullow Oil plc has settled its Capital Gains Tax dispute with the Government of Uganda and the Uganda Revenue Authority ('URA') with regard to its

Heraeus files Patent infringement lawsuit against Giga Solar Materials Corp.
Jun 11, 2015
Heraeus filed a patent infringement lawsuit against Giga Solar Materials Corporation in the Intellectual Property Court in Taipei, Taiwan ,

San Leon Energy provides update on arbitration award and appeal
May 27, 2015
San Leon Energy provides an update on the proceedings in the International Court of Arbitration of the International Chamber of Commerce, regarding

Chevron to release documents in lawsuit over Nigerian oil leases
May 27, 2015
Chevron USA and BNP Paribas agreed recently in District Court in Texas to turn over documents and correspondence between the two

NSW Government decides not to appeal Supreme Court decision
May 26, 2015
Metgasco Limited advises that the NSW Government will not appeal the Supreme Court’s 24 April decision that overturned the suspension of Metgasco’s drilling approval.

Transocean to pay $211m to settle claims from Deepwater Horizon oil spill
May 22, 2015
The Plaintiffs' Steering Committee (PSC) spearheading the litigation emanating from the 2010 Deepwater Horizon Oil Spill today announced that it has reached a preliminary agreement with Transocean for $211,750,000 to settle claims against the company arising from the spill. The settlement, which will be overseen by Judge Carl A. Barbier of the Eastern District of Louisiana, includes two classes of eligible claimants similar to the settlement negotiated between the PSC and Halliburton last year.

Transocean reaches settlement agreements with PSC and BP
May 21, 2015
Transocean Ltd. has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the "PSC") and with BP Exploration & Production Inc.

Another key funder of fraudulent Ecuador litigation against Chevron withdraws support
May 5, 2015
Chevron Corporation has reached a settlement agreement with Woodsford Litigation Funding Limited, a U.K.-based litigation funder that provided $2.5 million

Saipem receives notice of legal proceedings before the Court of Milan
May 1, 2015
Saipem has received notice of legal proceedings before the Court of Milan by 64 investors claiming compensation for damages of approximately

Otto Marine repays debt, winding up application to be withdrawn
Apr 29, 2015
Singapore-listed Otto Marine Limited has filed a winding up application with the Singapore High Court to wind up the Company for an unpaid debt (Debt).

Metgasco vindicated by Supreme Court decision
Apr 27, 2015
Metgasco Limited welcomed the decision by the New South Wales Supreme Court to reinstate its right to drill the Rosella E01 well.

Enterprise Products wins verdict against Energy Transfer Partners in Houston
Apr 27, 2015
A Houston district court jury has found that Dallas-based Energy Transfer Partners LP (ETP) breached its contract with competitor Enterprise Products

Connacher Oil obtains final court order on recapitalisation plans
Apr 24, 2015
On January 30, 2015 Connacher Oil and Gas Limited announced a proposed recapitalization transaction (the 'Recapitalization') aimed at significantly

BPZ Energy provides Albacora field update
Apr 24, 2015
BPZ Energy continues to operate under provisions of Chapter 11 of the United States Bankruptcy Court Code while it seeks additional financing.

Supreme Court of the Netherlands rules in favour of Ecopetrol in LLanos Oil Exploration case
Apr 24, 2015
Ecopetrol S.A. hereby informs that on March 18 the Supreme Court of the Netherlands notified the final verdict in favor of Ecopetrol S.A. in the

Buru Energy delivers outcome of court proceedings
Apr 16, 2015
Buru Energy Limited company, advised that the Western Australian (WA) Supreme Court has delivered a decision in proceedings CIV 2315 of 2013 involving

GASFRAC gets court approval of agreement for purchase of operating assets and services
Mar 30, 2015
GASFRAC Energy Services Inc. has obtained the approval of the Court of Queen's Bench of Alberta (the "Court") in respect of a definitive asset

Oil Basins Limited and Backreef Oil settle out of court
Mar 30, 2015
Oil Basins Limited advises as a mater of record that the Oil Basins Limited vs Backreef Oil Pty Ltd Magistrates Court PER/GCLM/18204/2014 was

GASFRAC Energy receives court approval for sale of substantially all assets
Mar 24, 2015
GASFRAC Energy Services Inc. has obtained the approval of the Court of Queen's Bench of Alberta and the United States Bankruptcy Court in

Bankers Petroleum settles lawsuit with BP Oil
Feb 24, 2015
Bankers Petroleum Ltd. says that its subsidiary, Bankers Petroleum Albania Ltd. (BPAL), has reached a full and final settlement with BP Oil

Talisman receives final Court approval for acquisition by Repsol
Feb 23, 2015
Talisman Energy Inc. says that the Court of Queen's Bench of Alberta granted a final order approving the proposed arrangement under which

EMGS to appeal Norwegian court's ruling on patent invalidity
Feb 17, 2015
As previously announced, Electromagnetic Geoservices ASA (EMGS) has issued claims against Petroleum Geo-Services (PGS) in the