Correspondent, Mexico
Mica's Feed
Jul 26, 2013

Halliburton plea may help BP in spill liability battle

By Braden Reddall and Mica Rosenberg

(Reuters) – BP Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British major as unconcerned about well safety.

Halliburton, which did the cementing work for BP’s well, on Thursday pleaded guilty to destroying evidence of internal tests it conducted showing there was no difference between the effectiveness of putting six or 21 casing centralizers on the well.

Jul 26, 2013

Appeals court upholds $105 million Exxon payout in New York City case

NEW YORK (Reuters) – A U.S. appeals court on Friday upheld a ruling against Exxon Mobil Corp ordering the company to pay $105 million in damages for polluting New York City’s groundwater with a toxic gasoline additive.

The U.S. Second Circuit Court of Appeals affirmed a 2009 jury verdict that found Exxon contaminated water supply wells when methyl tertiary butyl ether (MTBE) leaked from its underground storage tanks in the borough of Queens.

Jul 26, 2013

U.S. appeals court upholds $105 mln Exxon payout in NYC case

NEW YORK, July 26 (Reuters) – A U.S. appeals court on Friday
upheld a ruling against Exxon Mobil Corp ordering the
company to pay $105 million in damages for polluting New York
City’s groundwater with a toxic gasoline additive.

The U.S. Second Circuit Court of Appeals affirmed a 2009
jury verdict that found Exxon contaminated water supply wells
when methyl tertiary butyl ether (MTBE) leaked from its
underground storage tanks in the borough of Queens.

Jul 26, 2013

U.S. appeals court upholds $105 mln Exxon payout in NYC case

NEW YORK, July 26 (Reuters) – A U.S. appeals court on Friday
upheld a ruling against Exxon Mobil Corp ordering the
company to pay $105 million in damages for polluting New York
City’s groundwater with a toxic gasoline additive.

The U.S. Second Circuit Court of Appeals affirmed a 2009
jury verdict that found Exxon contaminated water supply wells
when methyl tertiary butyl ether (MTBE) leaked from its
underground storage tanks in the borough of Queens.

Jul 18, 2013

XTO Energy agrees to pay $100,000 fine for fracking spill

NEW YORK (Reuters) – An Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz) subsidiary agreed to pay a $100,000 fine for spilling wastewater from a natural gas drilling site in Pennsylvania that polluted a local river, U.S. regulators said on Thursday.

In a statement announcing the fine, the U.S. Justice Department and the Environmental Protection Agency also said XTO Energy Inc XTO.TG, which was acquired by Exxon in 2010, would also be expected to spend about $20 million to improve wastewater management near its gas wells that use fracking in Pennsylvania and West Virginia.

Jul 12, 2013

U.S. court says biofuel producers must face carbon emissions rules

By Mica Rosenberg

(Reuters) – Biofuel producers will be subject to rules regulating carbon emissions, a U.S. appeals court ruled on Friday, in a decision hailed by environmental groups.

The U.S. Court of Appeals for the District of Columbia Circuit vacated a three-year deferral put in place in 2011 by the Environmental Protection Agency (EPA) that temporarily exempted paper and wood product manufacturers and ethanol producers from curbing the release of greenhouse gases.

Jul 11, 2013

Analysis: Contentious oil spill claims set up BP for long legal battle

NEW YORK (Reuters) – Faced with hundreds of damage claims it says are fictitious and inflated, BP must decide whether to dive into a protracted legal battle it had sought to avoid when it settled a class action over the 2010 Gulf of Mexico oil spill.

The British oil giant asked the Fifth U.S. Circuit of Appeals in New Orleans this week to halt the claims. Should its challenge before the three-judge panel fail, BP will face a choice: ask for a hearing by all the court’s judges, appeal to the U.S. Supreme Court, or try picking off individual cases one by one, legal experts say.

Jul 11, 2013

Contentious oil spill claims set up BP for long legal battle

NEW YORK, July 11 (Reuters) – Faced with hundreds of damage
claims it says are fictitious and inflated, BP must decide
whether to dive into a protracted legal battle it had sought to
avoid when it settled a class action over the 2010 Gulf of
Mexico oil spill.

The British oil giant asked the Fifth U.S. Circuit of
Appeals in New Orleans this week to halt the claims. Should its
challenge before the three-judge panel fail, BP will face a
choice: ask for a hearing by all the court’s judges, appeal to
the U.S. Supreme Court, or try picking off individual cases one
by one, legal experts say.

Jul 20, 2012

Mexico state oil firm eyes more freedom with new president

MEXICO CITY (Reuters) – Mexico’s state-owned oil monopoly Pemex usually coughs up all its profits to the government to pay for everything from teachers’ salaries to army barracks, leaving less cash for the company to look for more oil.

Now, after Enrique Pena Nieto of the Institutional Revolutionary Party (PRI) won the July 1 presidential election, industry leaders see a chance to push for more financial autonomy and a lower tax burden for the company.

Jul 10, 2012

Analysis: Mexico ruling party seeks new direction after election debacle

MEXICO CITY (Reuters) – Mexico’s conservative National Action Party made history when it swept to power in 2000, ending 71 years of one-party rule. But it now faces an identity crisis after a punishing presidential election defeat.

Josefina Vazquez Mota, the PAN’s candidate, came in a distant third with just 25.4 percent of the vote on July 1, and the party will have far fewer seats in Congress.

    • About Mica

      "I cover commodities and general news in Mexico and Central America and as part of the team in Latin America reported on the outbreak of swine flu, a coup in Honduras and the earthquakes in Haiti and Chile. Before Mexico, I was based in Guatemala for two years."
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