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May 05, 2026
A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."
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May 05, 2026
A uranium mining company is looking to disqualify Dorsey & Whitney LLP as counsel for potential intervenors in a lawsuit in Colorado federal court over an arbitration initiated by another mining company based on a mineral assets purchase, saying Dorsey can't drop it like a "hot potato."
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May 05, 2026
Recent Federal Energy Regulatory Commission enforcement orders highlight the agency's focus on whether electricity market participants are delivering the power and services they've promised, and attorneys say data center-fueled increases in U.S. power demand may further intensify FERC's scrutiny.
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May 05, 2026
Two commissioners of the U.S. International Trade Commission recommended that President Donald Trump impose 40% tariffs on imported quartz surfaces, with a lesser 25% rate reserved for covered goods within a quota, according to a press release Tuesday.
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May 05, 2026
BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."
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May 05, 2026
Native CDFI Network Inc. is suing the United States for terminating a $400 million Greenhouse Gas Reduction Fund grant, saying the U.S. Environmental Protection Agency invoked "a potpourri of shifting reasons" for the cancellation before landing on the assertion its priorities had changed.
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May 05, 2026
Wilson Sonsini Goodrich & Rosati PC announced Tuesday that the former vice president of legal at solar energy company Sunrun has joined the firm's San Francisco office as an energy and climate solutions partner.
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May 05, 2026
Alcoa USA Corp. and a class of retirees told the Seventh Circuit on Tuesday they had reached a tentative settlement in a long-running dispute over union retiree life insurance benefits, asking the court to cancel a scheduled May 20 oral argument while they finalize the deal.
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May 05, 2026
Transocean Ltd. disclosed Tuesday that the U.S. Department of Justice Antitrust Division was scrutinizing its plan to acquire rival Valaris Ltd. in an all-stock deal valued at about $5.8 billion, pausing the combination of two of the largest offshore drilling fleets into a $17 billion operator.
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May 04, 2026
Subaru has sold hundreds of thousands of vehicles with a defect that drains their batteries, which forces owners to buy replacements and, in some cases, leaves drivers stranded, alleges a lawsuit filed in New Jersey federal court that seeks to force a recall or vehicle buyback.
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May 04, 2026
A Hawaii federal magistrate judge said a settlement reached for 176 minor plaintiffs with claims in litigation over water contamination stemming from jet fuel spills at the U.S. Navy Red Hill Bulk Fuel Storage Facility in the Aloha State should be approved.
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May 04, 2026
Former Exxon Chief Executive Rex Tillerson testified Monday that the company's top brass never pressured employees to make the company's holdings seem more profitable than they were, telling a jury in Texas federal court that he stood by the reports the company issued to investors.
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May 04, 2026
Johnson & Johnson knew for decades that its baby powder contained asbestos, even as it advertised the product as safe and "pure," attorneys for the families of three women who died of ovarian cancer told a California jury Monday during opening statements in a bellwether trial.
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May 04, 2026
Rival airlines have scrambled to boost routes, plug service gaps and snatch up Spirit Airlines customers in the two days since the budget carrier's demise, raising alarms about what other casualties might be in store for an airline industry reeling from skyrocketing jet fuel costs.
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May 04, 2026
A federal judge found Monday that a group of public utility districts in Washington state had breached the U.S.' Columbia River Treaty by failing to contribute their pledged share of hydroelectric power to Canada.
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May 04, 2026
The federal government moved to halt Minnesota's state court lawsuit accusing Exxon Mobil Corp. and others of lying to the public about fossil fuels' effects on climate, alleging in a new lawsuit on Monday that the state is usurping federal authority.
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May 04, 2026
California Attorney General Rob Bonta has urged a California federal court to block a Trump administration order that invoked emergency powers under the Defense Production Act to restart a Santa Barbara oil pipeline on the state's coast.
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May 04, 2026
The U.S. Forest Service is fighting three Indigenous rights and conservation nonprofits' bid to undo its streamlined approval of exploratory drilling within Black Hills National Forest that they say will harm a sacred worship site, arguing to a South Dakota federal court that the groups' allegations are just speculation.
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May 04, 2026
The sponsor of a blank check company linked to energy giant Nabors Industries Ltd. pushed back against an investor suit alleging its top brass unfairly claimed a $29 million settlement despite missing a deadline to merge with another company, arguing the investor bought shares knowing the acquisition already failed.
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May 04, 2026
Conservation groups told a D.C. federal court Monday that the federal government failed to respond to a petition to revise a whale species' critical habitat designation under the Endangered Species Act, noting more than a year has elapsed.
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May 04, 2026
The Delaware Chancery Court on Monday approved a $55.3 million settlement resolving derivative claims that Noble Environmental Inc.'s founders diverted a multibillion-dollar renewable energy opportunity to themselves through Archaea Energy, which BP later bought for $4.1 billion.
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May 04, 2026
President Donald Trump has expanded his sanctions regime against Cuba, issuing an executive order targeting Cuban government officials while also implementing second-order sanctions against financial institutions that carry out transactions with sanctioned individuals.
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May 04, 2026
Wells Fargo, a California law group and an Arizona investment advisory firm have been hit with a suit in a Texas federal court alleging they aided a purported Ponzi scheme over a purported oil-and-gas industry technology company.
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May 04, 2026
A former Internal Revenue Service agent was arrested for allegations that he embezzled more than $12 million in his role as a chief financial officer of a New Jersey fuel company, the New Jersey U.S. Attorney's Office said.
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May 04, 2026
A Manhattan federal judge on Monday directed former Venezuelan President Nicolás Maduro to return to court in June, after he and his wife, Cilia Flores, reached an apparent agreement with the Trump administration to access Venezuela government funds for their legal fees.