WEATHERFORD INTL: Probe on Oil-for-Food Program Still Ongoing

Weatherford International Ltd. disclosed in its latest Quarterly Report on Form 10-Q filed with U.S. Securities and Exchange Commission that it continues to be involved in government and internal investigations involving various of its operations.

The Company participated in the United…

BJ SERVICES: Case With Regional Controller Settled in July 2008

BJ Services Company, in July 2008, settled with its former Regional Controller in a one count theft case in Singapore. The Controller has made a payment to the Company.

In May 2007, the former Region Controller pleaded guilty to one count…

BJ SERVICES: Probes on Foreign Corrupt Practices Act Law Ongoing

BJ Services Company says the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and other authorities’ investigations, under the U.S. Foreign Corrupt Practices Act, are ongoing.

The DOJ, SEC and other authorities have a broad range of civil and…

BJ SERVICES: Probe on Asia Pacific Fund Misappropriation Ongoing

The U.S. Department of Justice and the U.S. Securities and Exchange Commission’s review of alleged misappropriation of Company funds in the Asia Pacific Region is ongoing.

In October 2004, the Company received a report from a whistleblower alleging that the Company’s…

ASHLAND INC: 31 Agent Orange Injury Actions Ongoing v. Hercules

Ashland Inc. says that its subsidiary, Hercules Incorporated, during the fiscal year ended Sept. 30, 2008, is a defendant in about 31 lawsuits (including two purported class actions) where plaintiffs allege that exposure to Agent Orange caused them to sustain…

BJ SERVICES: Newfield Exploration Case Settled on 3Q Fiscal 2008

Newfield Exploration’s lawsuit against BJ Services Company’s subsidiary, OSCA, Inc., was settled during the third quarter of fiscal 2008.

On April 4, 2002, a jury rendered a verdict adverse to OSCA in connection with litigation pending in the U.S. District Court…

ASHLAND INC: Continues to be Involved in MTBE Litigation in N.Y.

Ashland Inc. continues to be a defendant in cases alleging methyl tertiary-butyl ether (MTBE) contamination in groundwater.

Nearly all of 30 such cases have been consolidated in a multi- district litigation in the Southern District of New York for preliminary proceedings.…

HELMERICH & PAYNE: Review of Units’ Customs Past Payment Ongoing

A review on the legality of certain past payments by one of Helmerich & Payne, Inc.’s subsidiaries over the passage of materials through customs in Latin America is ongoing.

In connection with the Company’s Foreign Corrupt Practices Act training, questions were…

ASHLAND INC: Dow, Monsanto Appeal in Agent Orange Cases Pending

The appeals of The Dow Chemical Company and Monsanto Company in cases related to Agent Orange, which also involve Ashland Inc.’s subsidiary Hercules Incorporated and other companies, are pending.

Agent Orange is a defoliant that was manufactured by several companies, including…

NOBLE ENERGY: Still Facing Dore’s Property Damage Lawsuit in La.

Noble Energy, Inc. continues to face a property damage lawsuit filed by Dore Energy Corporation under Docket Number 10-16202 in the 38th Judicial District Court, Cameron Parish, La.

The Company is among a group of 18 defendants named in the suit…

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