Fernando Garay

MTBE Rises Fast in New Hampshire Wells, Exxon Jury Told

Water wells with no detectable level of a gasoline additive can show high concentrations a few months later, a water treatment specialist told a New Hampshire jury considering whether ExxonMobil Corp. is liable for contaminating some of the state’s supplies.

ExxonMobil Says State’s Expert Foresees Natural MTBE Drop

ExxonMobil Corp. said in a trial over claims it polluted New Hampshire’s groundwater with a gasoline additive that the state’s own research indicates the chemical’s level will decrease over time without having to be cleaned up.

‘Resting’ HFT, Greek Ships Tax, Volcker Rule: Compliance

Restrictions on the minimum time orders must be held in German equity markets would do little to increase safety, the nation’s exchanges said as lawmakers debated proposed legislation.

Citgo to Settle New Hampshire Gas-Additive Lawsuit

Citgo Petroleum Corp. reached an agreement with New Hampshire to be dismissed from an $816 million trial over groundwater contamination while a settlement is completed, as a witness testified that 2 percent of the state’s private wells are polluted with hazardous levels of the chemical MTBE.

WilmerHale, Bracewell & Giuliani, Bird: Business of Law

Meredith B. Cross, former director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission, will be rejoining Wilmer Cutler Pickering Hale and Dorr LLP.

Citgo Said to Shut Corpus Christi West Plant in Texas for Work

Citgo Petroleum Corp. has shut the West plant at its Corpus Christi refinery in Texas for planned work, according to a person with knowledge of the situation.

Oil Spills in Most Imperiled U.S. Coastal Wetland Escape Fines

In the months since the April 20 blowout in the Gulf of Mexico, Louisiana regulators moved to fine BP Plc and two of its contractors as much as $1 million for each of the 86 days the runaway well gushed oil.

Citgo Is Said to Plan January Work on Louisiana Refinery Catalytic Cracker

Citgo Petroleum Corp. will shut a fluid catalytic cracker for about 40 days of work starting in early January at its Lake Charles refinery in Louisiana, according to two people familiar with the plans.

Chicago Gasoline Strengthens After Citgo Refinery Reports ‘Blip’

Chicago gasoline strengthened after Citgo Petroleum Corp. reported a “power blip” at the Lemont refinery in Illinois.

Buckeye Shuts 12-Inch Crude Oil Pipeline in Illinois

Buckeye Partners LP said it shut a 12-inch crude oil pipeline near Romeoville, Illinois, after discovering a leak in the conduit, which supplies Citgo Petroleum Corp.’s Lemont refinery.

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Texas

NetApp Is Said to Be Pushed by Elliott to Change Board

Sprint Faces Mounting Pressure as Dish Lines Up Financing

U.S. Stocks Fall as Data Disappoints Amid Stimulus Bets

House Immigrant Plan Seen as Return to 1940s U.S. Program

When Your $450,000 Aston Martin Has to Arrive Overnight