Posts Tagged ‘legal’
The 2011 judgment against Chevron is one of the biggest rulings for environmental damage and is being tracked closely by the global oil industry, Reuters reported.The source told Reuters that the plaintiffs' legal team would file a lawsuit against Chevron in an Argentine court.Other sources said the legal team
Shell seeks extension to Arctic leasesBY LONDON BUREAULONDON -- Shell has been in talks with the United States government over extending its leases for oil development in the Arctic seas north of Alaska, after its drilling program was held up by legal actions and objections from regulators, reports the Financial Times.
The rules would apply on a country-by-country, payment-by-payment basis to any fee paid worth more than €80,000 ($104,000).The proposals to amend the current 2004 directive backed on Tuesday by the parliament’s Legal Affairs Committee (JURI) are similar to that of the United States’ Dodd-Frank
Plains E&P betting $6 billion on Gulf of Mexico oilBY STEVE GELSINEW YORK (MarketWatch) -- Plains Exploration & Production Co.'s $6 billion move into Gulf of Mexico oil fields marks its largest acquisition ever -- a bid to boost the oil component of its energy output over lower-priced natural