Posts Tagged ‘court’

Transocean appoints interim Senior V.P. and General Counsel

by on November 19, 2012 9:51 am BST
Transocean appoints interim Senior V.P. and General CounselZUG, Switzerland -- Transocean Ltd. announced that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013.   Subject to mutual agreement, Mr. Katz's employment with Transocean can be extended through

BP Migas declared ‘unconstitutional’

by on November 14, 2012 9:46 am BST
The Jakarta Post has reported that Indonesia’s Constitutional Court declared on Tuesday the existence of BP Migas was unconstitutional because it degraded state control over natural resources.According to the newspaper, the court’s panel of judges found the regulator did not directly manage oil and gas assets but instead handed

Chevron units aim to thaw Argentine asset freeze

by on November 9, 2012 11:04 pm BST
The subsidiaries, Chevron Argentina and Ing. Norberto Priu, argued that they are not directly owned by Chevron Corporation, which was the target of the litigation in Ecuador, Reuters reported."Chevron Corporation, the sole judgment debtor, has no assets in Argentina. All operations in Argentina are conducted by subsidiaries that have

BP to pay $255m for 2006 Prudhoe spill

by on November 9, 2012 3:34 am BST
BP spokeswoman Dawn Patience told Reuters in a statement that its share of the award would be $66 million after other Prudhoe Bay partners, including ExxonMobil and ConocoPhillips, reimburse the company.The payment, which is final and not subject to appeal, includes a $245 million award from a panel of