Deepwater Horizon News
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"Bear with me,” Al Gore said to a rapt crowd of about 200 last Monday night at the fourth annual U.S.-India Energy Partnership Summit in Washington. He was asking the audience’s indulgence as he offered a scientific analogy to describe his investment philosophy.
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Texas sued BP Plc, Transocean Ltd. and others involved in the 2010 oil spill, calling it the “worst environmental disaster” in U.S. history and becoming the fifth Gulf of Mexico state to file claims.
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Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn’s three board nominees, while rejecting his dividend plan in favor of a lower payout supported by the company.
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The trial of a former BP Plc engineer charged in the first criminal case arising from the 2010 Gulf of Mexico oil spill was postponed to December from June, a judge said.
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Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward as interim chairman after John Bond was ousted by shareholders of the world’s largest exporter of power-station coal.
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Manatt, Phelps & Phillips LLP introduced Manatt Digital Media, an entity combining legal, consulting and investment services for digital-media, entertainment and advertising clients. It will be led by Los Angles partner T. Hale Boggs.
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A former BP Plc engineer charged in the first criminal case arising from the 2010 Gulf of Mexico oil spill said U.S. prosecutors withheld evidence that might clear him and urged a judge to sanction them.
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Transocean Ltd., the largest offshore oil rig contractor, said Chairman Michael Talbert will step down as the company tries to fend off billionaire investor Carl Icahn’s board nominees.
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Latham & Watkins LLP is opening a new office in Dusseldorf and hiring four partners from Shearman & Sterling LLP, which announced the closing of two German offices last month.
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Transocean Ltd., the world’s largest offshore rig contractor, said first-quarter profit rose as demand increased for drilling vessels in shallow and deep waters.
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