El Paso Corp. reaches settlement with Arizona over energy crisis
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HOUSTON El Paso Corporation announced today it had reached a more than 70 (m) million dollar settlement in a lawsuit. The state of Arizona had filed the lawsuit accusing the energy company of manipulating natural gas prices.
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El Paso Corp. EP.N, the biggest U.S.  natural gas pipeline company, on Monday posted a third-quarter  loss as higher prices for oil and gas failed to offset lower  production volumes.
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Oil company reachs deal over 2005 refinery explosion, oil spill and propane price-fixing.
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General Electric said Thursday that it had reached a settlement with the US Securities and Exchange Commission over allegations that the company failed to disclose perks like cars and an apartment for Jack Welch, its former chief executive.
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Energy giant BP has agreed to pay 303 million dollars to settle civil charges that it manipulated prices in the US propane market during 2004, the Wall Street Journal online reported Tuesday.
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The largest American natural gas pipeline operator settled allegations of involvement in illegal payments under the United Nations oil-for-food program in Iraq.
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Global energy giant BP PLC agreed Thursday to pay $373 million to settle criminal and civil charges that it overcharged U.S. propane consumers by millions of dollars and ignored environmental warnings that resulted in an Alaska oil spill and a deadly explosion in Texas.
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Halliburton Co. has finalized an agreement to resolve outstanding issues with a troublesome project off the coast of Brazil, the company announced Wednesday.
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A consortium of foreign companies has resolved a dispute over Kazakhstanâs giant Kashagan oil field.
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By Journal Record Staff  Sinclair Tulsa Refining Co. on Wednesday reached a settlement agreement with the U.S. Department of Justice regarding alleged violations to the Clean Water Act.
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The Miller Park stadium district and Mitsubishi Heavy Industries of America agreed to a settlement Friday that ended a three-year legal fight over repairs to the ballpark's retractable roof.
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Royal Dutch/Shell Group agreed on Tuesday to finalized settlements with U.S. and UK regulators which will cost the oil giant &#36;150.7 million over its mis-statement of proven oil reserves.
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TXU Corp., Texas' largest electricity producer, said Monday it has agreed to be sold to a group of private-equity firms for about $45 billion including debt in what would be the largest private buyout in U.S. corporate history if shareholders go along.
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Shell agreed today to finalized settlements with U.S. and UK regulators over its mis-statement of proven oil reserves.
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(InfoWorld) - AzulÂ and SunÂ have settled aÂ patent infringement suit Sun filed, the companies said Tuesday. The suit had been pending in U.S. District Court for the Northern District of California since May 2006, said Scott Sellers, COO and co-founder of Azul. Sun alleged that Azul violated trade secrets and patent laws. Azul, founded in 2002, makes high-capacity computing appliances. The company had hired some former Sun employees, including Stephen DeWitt, its CEO. "We're very pleased to disclose this [settlement]. This has been in the works for some time. Both sides realize they're spending a lot of money, and this would have taken another year," said Sellers. U.S. District Court Judge Charles Breyer, presiding over the case, had made some pretrial rulings on motions that were adverse to Sun, which prompted the company to agree to settlement talks, Sellers said. Sun tells a different story. In a statement released Tuesday afternoon, Sun spokeswoman Kristi Rawlinson said Azul agreed to settle because Sun was building a stronger case against Azul as the lawsuit went on. "The patent infringement and trade secret claims against Azul grew larger during the pendency of the case," Rawlinson stated. "Azul came to the realization it would be better to return to negotiations and settle the claims rather than continue with the lawsuit they initiated." The case relates to technology for improving the performance of microprocessors through the use of chip multithreading, which Azul is now using in its products. Sun claims Azul infringed patents related to Sun's prior research in the field, and that it abused trade secrets by poaching about a dozen Sun employees familiar with the technology. In a blog posting, Michael Dillon, Sun's chief legal counsel, declined to discuss terms of the settlement, as did Azul's Sellers.
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Contractors will pay nearly $500 million to settle the state's lawsuit over a fatal tunnel collapse and to cover leaks and design flaws in the Big Dig, a person close to the negotiations said.
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Arizona and Shawn Green reached an agreement in principal Sunday night on a three-year, &#36;30 million contract that would clear the way for the Los Angeles Dodgers slugger to waive his no-trade clause and be dealt to the Diamondbacks.