Energy, Mining & Utilities

Published by
Orion Magazine
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It is the people of Appalachia who pay the highest price for the rest of the country's cheap energy-through contaminated water, flooding, cracked foundations and wells, bronchial problems related to breathing coal dust, and roads that have been torn up and turned deadly by speeding coal trucks. Read More
Published by
The New York Times
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It has been a wrenching professional and personal reversal for Michael Kopper, who three years ago became the first Enron executive to plead guilty to criminal charges and cut a deal with the government. Mr. Kopper was also the first high-ranking Enron employee to publicly admit to lying and stealing - in his case, more than $16 million - from the company. Read More
Published by
The New York Times
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Four years after the company's ignominious collapse, Enron's former top executives are about to head to a climactic criminal trial later this month, serving as a reminder that changes in the behavior of many American companies have been more muted than many once expected. Read More
Published by
CNN
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Prosecutors intend to argue that former Enron CEO Jeff Skilling attempted to deceive the Securities and Exchange Commission in a deposition he gave soon after the company's bankruptcy about his reason for selling 500,000 shares of Enron stock, according to a motion filed in a Houston federal court Tuesday. Read More
Published by
Associated Press
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Federal commodity-trading regulators on Wednesday announced that a subsidiary of Royal Dutch Shell PLC has agreed to pay a $200,000 penalty to settle charges of making ''fictitious'' trades of crude oil futures contracts.The Commodity Futures Trading Commission said Shell International Trading and Shipping Co. of London engaged in prearranged ''noncompetitive'' trades on the New York Mercantile Exchange with a U.S.-based Shell subsidiary, Shell Trading US Co., on five occasions between November 2003 and March 2004. Read More
Published by
Associated Press
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A former executive at energy company Dynegy Inc. whose 24-year prison sentence for accounting fraud was thrown out by a federal appeals panel should serve no more than five years, his attorney said in court papers. Read More
Published by
The Wall Street Journal
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The plea bargain last week by former Enron Chief Accounting Officer Richard Causey gives federal prosecutors the chance to present a shorter and less technical case against former company Chairman Kenneth Lay and former President Jeffrey Skilling. The pair's trial on conspiracy, fraud and other charges is scheduled to start in Houston on Jan. 30. Read More
Published by
Wall Street Journal
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When the levees that protected Chalmette gave way to Hurricane Katrina on Aug. 29, about 1,800 homes were inundated with floodwaters carrying nearly 1.1 million gallons of oil from a nearby refinery. Read More
Published by
The New York Times
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For months a pitched battle has been fought between communities that claim authority over this village and the right to control what lies beneath its watery ground: a potentially vast field of crude oil that has caught the attention of a major energy company. Read More
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