By Andrew Restuccia - 02/15/11 01:29 PM EST
Investors in BP say the company lied about its corporate safety culture.
“BP Plc investors accused the company of lying about its commitment to safety, inflating company shares for three years before the explosion of the Deepwater Horizon set off the largest offshore oil spill in U.S. history,” Bloomberg reports.
A judge in Ecuador found Chevron was responsible for major environmental damage in the country.
“A judge in a small jungle town in Ecuador on Monday ordered Chevron to pay more than $9 billion in damages, finding the energy giant responsible for the oil pollution that has fouled a stretch of land along Ecuador's northern border,” The Washington Post reports.
And President Obama's budget could spark the latest fight over Yucca Mountain, a proposed nuclear waste repository site in Nevada that the administration has sought to shut down.
"On Monday, Valentine's Day 2011, President Barack ObamaBarack ObamaMovie on Obamas earns M in opening weekend Dems' Florida Senate primary nears its bitter end Former Obama campaign manager diagnoses Trump on air as 'psychopath' MORE proposed what officials said could be the final zeroing-out of the long-controversial repository program," the Las Vegas Review-Journal reports.
"The plan must be cleared by Congress, where indications are there will be a fight. But the Obama administration budget released Monday suggests the government could be out of the Yucca Mountain business entirely by October."