Attorneys can question BP CEO says Texas Court
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Attorneys for those injured in the deadly 2005 explosion at BP Plc.'s  giant Texas refinery can question company Chief Executive John Browne, a Texas appeals court said in an opinion issued on Friday.
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The head of the House Energy and   Commerce Committee chided BP Plc. BP.L executives on Thursday   for overlooking corrosion that threatened to shut down the   giant Prudhoe Bay oil field in Alaska, calling the UK-based   energy giant's policies "as rusty as its pipelines."
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The former head of pipeline-corrosion monitoring for BP in Alaska refused to testify under oath Thursday as outraged lawmakers grilled company officials over the causes of a massive oil spill earlier this year.
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Alaska Governor Frank  Murkowski on Wednesday suggested that BP Plc misled the state  with satisfactory maintenance reports and launched an  investigation into the oil giant's handling of its pipeline  corrosion.
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A U.S. District Court judge in Galveston ruled on Friday that plaintiffs' lawyers can depose BP Plc.  Chief Executive John Browne as part of their case against the company for the explosion at its Texas City refinery in 2005, a plaintiffs lawyer said.
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The lawyer defending the former chief executive of General Reinsurance against fraud charges pointed the finger Tuesday at the investor Warren E. Buffett.
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The chairman of Lone Star Funds, testifying Friday in a high-profile South Korean trial involving allegations the U.S. buyout group engaged in stock price manipulation, denied the fund did anything illegal.
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HOUSTON Former Enron finance chief Andrew Fastow isn&#39;ta defendant or a prosecution witness in the first criminal trial to emerge from the energy company&#39;s crash -- but he could be called to testify.
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White House counsel Alberto Gonzales, a former Houston lawyer, is expected to face tough questions on a variety of issues including abortion and the treatment of war detainees
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BP PLC, the world's third-largest oil company, is under investigation by U.S. authorities for possible manipulation of crude oil and gasoline markets, a further blow to a reputation that has already suffered from recent oil spills in Alaska.
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The head of the House Energy and  Commerce Committee chided BP Plc. executives on Thursday for  overlooking corrosion that threatened to shut down the giant  Prudhoe Bay oil field in Alaska, calling the UK-based energy  giant's policies "as rusty as its pipelines."
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Oil giant BP Plc has denied misleading a  U.S. environmental regulator about having installed safety  equipment at its Texas City refinery that investigators believe  would have reduced the likelihood of a fatal explosion last  year.
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Investigators in the U.S. Congress  have found "significant problems" with the way BP Plc.  maintained its Prudhoe Bay facility in Alaska, sources close to  the inquiry said, setting the stage for a heated hearing on  Thursday into corrosion that threatened to shut down the  biggest U.S. oil field.
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The companyâs lawyers had attempted to gain the upper hand in a patent case by highlighting safety concerns about the companyâs own product.
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(InfoWorld) - The attorney for ousted Hewlett-Packard chairman Patricia Dunn fired back Wednesday at public comments made by board rival Thomas Perkins about theÂ HP pretexting scandal. "Mr. Perkins...has made the biggest mistake of his career. He is a bully, and he is bullying the wrong people," said James Brosnahan, attorney for Dunn, in a statement in response to what Brosnahan called a "gratuitous attack" on his client in a speech Perkins gave Tuesday in San Francisco. In an appearance at the VentureOne Outlook Conference, a gathering of venture capitalists, Perkins said the HP dispute about how to control leaks of board deliberations to the media was really a fight for control of the board, which Dunn won, according to media reports of his speech. Perkins also lamented that many corporate boards, including HP's, have turned from being "guidance" boards into "compliance" boards. Rather than advising the company on how to run its business as a "guidance" style director, "compliance" directors are increasingly focused on maintaining compliance with U.S. Securities and Exchange Commission regulations governing publicly traded companies. He described Dunn as a compliance-style director, according to the reports. Dunn was indicted in October 2006 on four felony counts in California state court for authorizing an investigation into HP board member leaks to the media. Investigators hired by HP allegedly used false pretenses, or "pretexting," to get phone companies to divulge calling records for people they were investigating. A former legal counsel for HP and two private detectives hired by HP are also facing trial. The scandal broke in September 2006 because Perkins demanded the company publicly state, in an SEC filing, why he quit the board four months earlier. Because the state case is still awaiting trial, Dunn can't directly respond to Perkins' remarks, but her attorney had plenty to say. "Mr. Perkins generated an attack on Patricia Dunn, hired lawyers, hired a public relations firm, and all because his colleague on the Hewlett-Packard board [Jay Keyworth] was found to be leaking information. Now he is attempting to further prejudice the public against Patricia Dunn," Brosnahan wrote. Perkins quit the board when Keyworth was outed as the director who leaked information to the media. In his statement, Brosnahan said Perkins is likely to be called as a witness in Dunn's trial. He also accused Perkins of publicly criticizing Dunn to draw attention to Perkins' soon-to-be-published book, which is expected to touch on the pretexting scandal. A call to Perkins' office was not immediately returned.
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A supervisor at BP Plc's Texas City, Texas, refinery died on Monday of head injuries suffered when a heavy metal lid blew off a unit during a restart, his family's lawyer and BP said on Tuesday.
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A series of scandals at oil giant BP  Plc's U.S. operations, has shaken investors' faith in its head  John Browne and prompted some to re-examine the record of a man  often rated among the world's most respected CEOs.