Home / Tag Archives: Court of Appeals (page 2)

Tag Archives: Court of Appeals

NY top court considers local bans on gas drilling

pump jack

ALBANY, N.Y. (AP) — New York’s highest court is expected to decide by the 4th of July whether municipalities can use local zoning laws to ban shale gas development using hydraulic fracturing within their borders. The seven-member Court of Appeals heard oral arguments Tuesday in two cases where a midlevel appellate court unanimously concluded last year that state oil and gas law doesn’t ...

Read More »

BP asks U.S. Supreme Court justice to block Gulf spill payments

bp

WASHINGTON (Reuters) – BP Plc <BP.L> on Wednesday asked Supreme Court Justice Antonin Scalia to allow the company to avoid making payments to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while litigation continues. The company acted after the New Orleans-based 5th U.S. Circuit Court of Appeals lifted an injunction earlier in the day that had prevented ...

Read More »

Court upholds $121 million award against Chesapeake

chesapeake energy

Jim Fuquay, The Fort Worth Star-Telegram The 5th U.S. Circuit Court of Appeals upheld an award of $121 million against Chesapeake Energy on Thursday in a case where it dropped a deal to buy more than 500 oil and gas leaseholds in Texas. Preston Exploration Co., based in The Woodlands, north of Houston, and two other parties sued Chesapeake in ...

Read More »

EDITORIAL: Federal court puts Arctic drilling on ice

ice

FIRST it was Mother Nature who put a halt to Shell Oil’s plans to proceed with oil and gas development in the Beaufort and Chukchi seas. Now it is the Ninth U.S. Circuit Court of Appeals. Shell CEO Ben van Beurden announced Thursday his company would not proceed with drilling in offshore Alaska in 2014. His decision follows the federal ...

Read More »

Shell won’t try to drill in Alaska’s Arctic waters this year

off shore oil rig

WASHINGTON _ Shell is abandoning hopes of drilling in the Arctic waters off Alaska this year, the latest blow to the company’s effort to exploit huge potential in the petroleum-rich but sensitive region. The decision came as Shell reported a steep drop in earnings and its new CEO announced plans to restructure operations to improve the company’s cash flow. CEO ...

Read More »

Court rules offshore oil leases in Alaska Arctic are too flawed

ocean drilling

In another blow to offshore oil drilling in the Alaska Arctic, a federal appeals court on Wednesday ruled in favor of environmental and Alaska Native groups and concluded the federal government failed to properly evaluate the scale of oil production that could result from a 2008 lease sale, throwing those leases into question. Royal Dutch Shell, the biggest leaseholder offshore ...

Read More »