PDVSA Changes Oil Deals to Include Shipping as Sanctions Bite
Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire…
KPMG Flags Oil Trader ZenRock's Questionable Deals
ZenRock Commodities Trading Pte Ltd is unlikely to continue its core oil trading businesses in the long term, its court-appointed supervisor KPMG Services said in…
U.S. Supreme Court Rejects Exxon in Climate Change Document Fight
The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company…
Schlumberger Wins in US Supreme Court on Patent Damages
The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV…
U.S. Top Court Rejects Constitution Pipeline Over New York Permit
The U.S. Supreme Court on Monday dealt another setback to a proposed natural gas pipeline running from Pennsylvania to New York, rejecting Constitution Pipeline…
Singapore Court Blocks Noble Group Shareholder Meeting
Noble has other investor meetings due in next few weeks; but court decision could complicate restructuring process. A Singapore court blocked commodity trader Noble…
British VW Drivers Kick Off "dieselgate" in High Court
Lawyers for more than 50,000 British car owners kicked off a lawsuit against Volkswagen in London's High Court on Tuesday in a battle for compensation over a diesel…
Noble Group Hit by Shareholder Lawsuit
Goldilocks Investment Co, a leading shareholder of Noble Group Ltd, has filed a lawsuit with the Singapore High Court against the commodities trader and some of…
Norway's Scatec Solar Says Three Projects Caught in South Africa Row
Three solar plants planned by Norway's Scatec Solar were among 27 energy deals blocked by a South African court on Tuesday when it agreed to hear a legal challenge…
UK Court: Nigerians Cannot Pursue Shell Claim in England
The Court of Appeal in London ruled on Wednesday that two Nigerian communities cannot pursue Royal Dutch Shell in English courts over oil spills in Nigeria's Delta region.
Dana Gas swings to net profit in 2017
United Arab Emirates energy producer Dana Gas swung to a net profit of $83 million in 2017 from a net loss of $88 million a year earlier after a $1 billion payment…
London Court Finds for Creditors in Dana Gas Sukuk Dispute
A London High Court judge again ruled in favour of creditors on Thursday in a dispute over whether United Arab Emirates energy company Dana Gas must repay $700 million of Islamic bonds…
Orsetd, Formerly Dong Energy, Sued over Name Change
The descendants of Danish scientist Hans Christian Orsted will take legal action on Friday against one of Denmark's biggest companies over its decision to change its name to Orsted, their lawyer said.
Yinson to Take Over Layang FPSO from THHE
Malaysia’s Yinson Energy Sdn Bhd plans to take over the Layang floating production storage and offloading (FPSO) project from TH Heavy Engineering Bhd (THHE) Edge Markets reported.
Judge Rules in Favor of Creditors in Dana Gas Islamic Bond Case
A London High Court judge on Friday ruled in favour of creditors in a case over whether energy company Dana Gas must repay $700 million of Islamic bonds, a copy of the ruling seen by Reuters showed.
London Court Adjourns Dana Gas Sukuk Trial
A London High Court judge has adjourned hearings on whether the United Arab Emirates' Dana Gas must redeem $700 million of Islamic bonds when they mature at the end of this month…
Palmali Lodges $2 Bln Claim Against Lukoil's Litasco
Turkey-based Palmali, one of the biggest shippers in the Caspian region, said on Monday it had lodged a claim worth almost $2 billion against Litasco, the trading arm of Russian oil producer Lukoil…
Former Nigerian Oil Firm Head Charged with Money Laundering
The former head of Nigeria's state oil company was charged in court on Thursday with money laundering and five counts of fraud, the country's anti-corruption watchdog said.
Shell Battles Nigerian Communities in High-stakes Lawsuit
Nigerian communities say domestic courts unfit to try case. A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria…
Lawsuit Drags BP's Oil Trading Division into the Red
BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery.
