Posts Tagged ‘legal’

Ecuador plaintiffs to sue Chevron in Argentina

by on October 31, 2012 5:22 pm GMT
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 leases

by on October 19, 2012 5:35 am GMT
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.

European Parliament backs tougher transparency rules

by on September 18, 2012 1:18 pm GMT
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 oil

by on September 10, 2012 8:24 am GMT
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