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12 Sep 2022, 2:38 am
Crucially, the Bill will allow the North Sea Transition Authority (“NSTA”) to prevent undesirable changes of control of petroleum licences and for potential revocation of the licence for change of control without NSTA’s prior consent. [read post]
18 Jul 2022, 2:46 pm
Regular readers of this blog know my view that the rise of collective investor actions outside the United States is one of the most important developments in the world of directors’ and officers’ liability in recent years. [read post]
7 Jul 2022, 4:30 am
The Treasury Department announced sanctions yesterday against a number of export companies shipping Iranian petroleum products to China and other east Asian countries. [read post]
21 Jun 2022, 11:30 am
Some have broad coverage: Ukraine’s carbon tax covers 71 percent of the country’s carbon emissions, while British Columbia’s carbon tax covers 78 percent of the province’s emissions. [read post]
26 Apr 2022, 2:54 pm
The rig was leased by BP (British Petroleum) and owned and operated by an offshore oil drilling company called Transocean. [read post]
18 Apr 2022, 4:31 am
The E.U. has banned trucks from both countries unless they are carrying mail, medicine, or petroleum products. [read post]
8 Mar 2022, 12:10 pm
Iranians thought the US could be an honest broker between neighboring Russia or, later, the Soviet Union, and the British. [read post]
4 Mar 2022, 1:47 pm
Over the past week, the United States and its allies have responded to Russia’s invasion of Ukraine with some unprecedented actions of their own. [read post]
9 Dec 2021, 2:56 pm
the Supreme Court of British Columbia: noted that the definition of “improvement” is inclusive and can bear meanings other than those included in section 1 of the B.C. [read post]
9 Dec 2021, 1:50 am
Note: All data and methodological notes are accessible in our GitHub repository. [read post]
2 Sep 2021, 5:35 am
Key Findings The Biden administration’s budget proposals have several provisions focused on raising taxes on the U.S. fossil fuel industry. [read post]
19 Aug 2021, 4:36 am
As highlighted below, there are three established bases under which a High Court in Nigeria can validly exercise jurisdiction in an action in personam.[3] Firstly, a court in Nigeria is donated with jurisdiction in an action in personam where the defendant is present or resides or carries on business within the territorial jurisdiction of the court and the defendant has been served with the originating process.[4]In the oft-cited case of British Bata Shoe Co. [read post]
13 Aug 2021, 1:14 pm
The Department of the Treasury’s Office of Foreign Assets Control believes that the businessman, Mahmood Rashid Amur Al Habsi, is an oil broker facilitating the shipment of Iranian petroleum, which funds the Islamic Revolutionary Guard Corps, designated by the Trump administration as a terrorist organization. [read post]
23 Jun 2021, 8:12 am
In 2010 Congress amended the 1996 sanctions act to specifically ratchet sanctions on Iran’s petroleum industry. [read post]
11 Jun 2021, 1:29 pm
British Petroleum also recently announced that it will spend $1.3 billion to build a network of pipelines and associated infrastructure to collect and capture natural gas produced as a byproduct from oil wells in the Permian Basin and in New Mexico. [read post]
31 May 2021, 6:47 am
Jurisdiction is a fundamental aspect of Nigerian procedural law. [read post]
26 May 2021, 4:09 pm
To be precise, they institute proceedings against the Shell’s Nigerian subsidiary – Shell Petroleum Development Company of Nigeria Ltd and against the British-Dutch Shell parent companies – Royal Dutch Shell Plc (UK), with office in The Hague; Shell Petroleum N.V. [read post]
26 May 2021, 2:00 am
Her clients include Kaiser Permanente, ITT, Xylem, British Petroleum, Honeywell, Hewlett Packard, General Electric, Ernst & Young, and many more. [read post]
29 Mar 2021, 4:00 am
Lucy’s recent experience includes disputes about the transfer of licences, the alleged nationalisation of strategic assets, the alleged state expropriation of mineral and petroleum assets, the effect and enforceability of stabilisation provisions, and breaches of other commercial agreements and international law. [read post]
16 Mar 2021, 5:45 am
The British Empire relied on land taxes, stamp duties, customs duties, and excise taxes—not income taxes, general sales taxes, or many of the other taxes we are familiar with today. [read post]
