http://energy.law360.com/ The Newswire for Legal Professionals Copyright 2009 Portfolio Media, Inc. en-US http://energy.law360.com/images/headings/logo.gif http://energy.law360.com/ http://energy.law360.com/articles/132950 Shell Oil Co. has agreed to pay California $19.5 million to resolve allegations that it violated the state's hazardous waste and underground fuel storage laws. http://energy.law360.com/articles/132950 http://energy.law360.com/articles/132879 UGI Utilities Inc. is hoping to be the latest defendant dismissed from a lawsuit filed by Frontier Communications Co., which paid $7.6 million to clean up tar contamination in a Maine river and sued nearly a dozen companies it said were also liable. http://energy.law360.com/articles/132879 http://energy.law360.com/articles/132908 A wholly owned investment subsidiary of China Investment Corp. has entered a $1.58 billion stock purchase agreement with global power company AES Corp., acquiring a roughly 15 percent equity interest in the company, the parties announced Friday. http://energy.law360.com/articles/132908 http://energy.law360.com/articles/132881 Italiana Coke SRL and its former supplier United Coal Co. LLC have each moved for summary judgment in their dispute over the existence and validity of a $9.3 million coking coal contract, which was agreed upon but never formally executed. http://energy.law360.com/articles/132881 http://energy.law360.com/articles/132781 The U.S. House of Representatives has signed off on a bill that aims to address a critical shortage of medical isotopes in the U.S. by increasing federal authority and funding to jump-start domestic production while phasing out exports of highly enriched uranium to foreign isotope suppliers. http://energy.law360.com/articles/132781 http://energy.law360.com/articles/132821 Oil field servicing company Key Energy Services Inc. is asking a federal judge for summary judgment to force Twin City Fire Insurance Co. to pay it about $914,000 to partially cover $21.9 million Key paid to settle two securities and shareholder lawsuits brought against it. http://energy.law360.com/articles/132821 http://energy.law360.com/articles/132832 A former natural gas trader for the Bank of Montreal has settled with the U.S. Commodity Futures Trading Commission over allegations that he fudged the bank’s natural gas options for years, exaggerating trading profits by several hundred million dollars and reaping outsize bonuses. http://energy.law360.com/articles/132832 http://energy.law360.com/articles/132843 A bankruptcy judge has approved Northeast Biofuels LLP's disclosure statement and has given creditors until Dec. 2 to vote on a plan of reorganization that contemplates pennies-on-the-dollar recovery for creditors of the liquidated upstate New York ethanol supplier. http://energy.law360.com/articles/132843 http://energy.law360.com/articles/132669 Russia’s antimonopoly bureau has fined Russian oil giant OAO Lukoil 6.54 billion rubles ($225.7 million) for abusing its dominant position in the wholesale markets for jet and motor fuels. http://energy.law360.com/articles/132669 http://energy.law360.com/articles/132513 Sen. Debbie Stabenow, D-Mich., has introduced legislation that would reportedly put the U.S. Department of Agriculture, rather than the U.S. Environmental Protection Agency, in charge of most domestic offsets under a cap-and-trade program for greenhouse gas emissions. http://energy.law360.com/articles/132513 http://energy.law360.com/articles/132445 A federal appeals court has upheld a decision that Badwey Oil Inc. waited too long to file suit against ConocoPhillips Petroleum Co. for allegedly breaching a contract related to marketing gasoline products. http://energy.law360.com/articles/132445 http://energy.law360.com/articles/132650 The Virginia Supreme Court has rejected protests from environmental groups and others by greenlighting a 550-kilovolt multistate transmission line that would bring power to the suburban communities of Washington, affirming that the line is needed to meet federal reliability standards. http://energy.law360.com/articles/132650 http://energy.law360.com/articles/132555 A day before heading to New Delhi for an energy- and trade-focused summit between India and the European Union, Sweden's prime minister vowed Thursday to work with India to fight global warming as long as the country agrees to make real commitments at the upcoming Copenhagen climate change conference in December. http://energy.law360.com/articles/132555 http://energy.law360.com/articles/132499 U.S. Senate Environment and Public Works Committee chairwoman Barbara Boxer, D-Calif., moved forward with a vote on her climate change bill Thursday, winning approval for the legislation despite the absence of the committee's Republican members. http://energy.law360.com/articles/132499 http://energy.law360.com/articles/132471 In an effort to bring businesses and Republicans back to the negotiating table on U.S. Senate climate change legislation, Sen. John Kerry, D-Mass., said Wednesday he will team with Sens. Lindsey Graham, R-S.C., and Joe Lieberman, I-Conn., to draft a new bill capable of attracting 60 Senate votes. http://energy.law360.com/articles/132471 http://energy.law360.com/articles/132425 The U.S. Environmental Protection Agency has ordered Texaco Inc., a subsidiary of Chevron Corp., to assess soil and groundwater contamination and evaluate additional cleanup options at a Superfund site in Filmore, Calif. http://energy.law360.com/articles/132425 http://energy.law360.com/articles/132273 In a bid to strengthen its position in the growing U.S. natural gas sector, MasTec Inc. has added pipeline infrastructure services provider Precision Pipeline LLC for $150 million. http://energy.law360.com/articles/132273 http://energy.law360.com/articles/132251 With only 32 days until countries convene in Copenhagen to begin work on a successor to the Kyoto Protocol, the U.S. climate change envoy expressed frustration on Wednesday with the pace of preliminary talks, saying a rift between developed and developing nations threatened hopes for a deal. http://energy.law360.com/articles/132251 http://energy.law360.com/articles/132373 The U.S. and European Union have launched a new energy council comprised of top government officials that is slated to meet regularly on strategic energy issues, including reducing greenhouse gas emissions. http://energy.law360.com/articles/132373 http://energy.law360.com/articles/132383 A federal court has granted joint motions to dismiss several qui tam suits filed by oil tycoon Jack Grynberg alleging anti-competitive practices on the part of several natural gas companies — including Exxon Co. USA, Enron Corp. and Mobil Natural Gas Inc. — in a multidistrict litigation over a decade old. http://energy.law360.com/articles/132383