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A SPAC (SPACs are also commonly referred to as “blank cheque” companies or “cash shells”) is a company with no existing operations that is incorporated for the sole purpose of making one or more unspecified future acquisitions, typically targeting an identified industry sector or geographic region. [read post]
27 Aug 2021, 4:49 am by Charles Sartain
Chevron Pipeline Company et al, a Louisiana landowner’s suit for damages to land alleged to have been caused by oil and gas operations failed to survive exceptions of prescription and the subsequent purchaser rule. [read post]
20 Aug 2021, 10:06 am by Adamo Fucile
Indeed, as seen most recently in the oil industry, activist shareholders are relying on and effectively utilizing ESG themes to apply pressure on corporate entities to dictate corporate strategy and ultimately control of the entity.[3] While the COVID-19 pandemic may have appeared to slow down shareholder activism, companies should recognize the importance of maintaining strong corporate governance with respect to their ESG initiatives to ensure their future success and… [read post]
20 Aug 2021, 10:06 am by Adamo Fucile
Indeed, as seen most recently in the oil industry, activist shareholders are relying on and effectively utilizing ESG themes to apply pressure on corporate entities to dictate corporate strategy and ultimately control of the entity.[3] While the COVID-19 pandemic may have appeared to slow down shareholder activism, companies should recognize the importance of maintaining strong corporate governance with respect to their ESG initiatives to ensure their future success and… [read post]
Royal Dutch Shell (Shell), one of the world’s six “supermajor” oil companies, on Wednesday announced it will pay N 45.9 billion (naira) (US $111.6 million) in settling a decades-long legal dispute concerning an oil spill that occurred during the Biafran-Nigerian civil war. [read post]
10 Aug 2021, 3:42 am by CMS
The claimants allege that oil spills from pipelines operated by Shell Petroleum Development Company of Nigeria Ltd (“SPDC”), a Nigerian registered company, caused widespread environmental damage, including water and ground contamination. [read post]
7 Aug 2021, 9:59 pm by Patent Docs
Charles Collins-Chase of Finnegan, Henderson, Farabow, Garrett & Dunner, LLP; Pamela McCollough of Shell Oil Companyl and KaRan Reed of BP America, Inc. will discuss practical tips for avoiding common energy sector IP pitfalls, including: • What due diligence should you perform before teaming up with another company (or even an industry competitor)? [read post]
23 Jul 2021, 1:18 pm by Marina Wilson
For example, parts of the Midwest, Texas, and Louisiana have many oil and gas companies – from well-known names like Exxon, Shell, and Chevron down to smaller refiners, service companies, and supply shipping businesses. [read post]
22 Jul 2021, 3:30 am by John Jenkins
The blog also says that while most of the actions so far have targeted the oil & gas industry, state AGs are on record as having said that most U.S. companies have not adequately considered or disclosed climate-related financial risk. [read post]
1 Jul 2021, 2:35 pm by Unknown
Portland General Electric Company (Tribal Sovereign Immunity; Clean Water Act)Butler v. [read post]
18 Jun 2021, 4:00 am by Jim Sedor
The move is the latest by a federal official to a company that is regulated by the government or that might profit from firms regulated by the government, what critics call a “revolving door” they say undermines trust in federal decisions. [read post]
The oil companies’ claims did not fall within existing parameters that would allow a state lawsuit to be removed to federal court. [read post]
1 Jun 2021, 1:51 pm by Christiana Wayne
” As international oil companies have been forced by courts and investors to cut emissions, national oil companies in Saudi Arabia, Russia and the United Arab Emirates hope to step in, reports Reuters. [read post]
29 May 2021, 2:45 am by Ann Lipton
A Dutch court ordered Shell Oil to reduce its carbon emissions by 45% by 2030; 61% of Chevron shareholders voted to ask the company to substantially reduce its Scope 3 greenhouse... [read post]
The case began in December and garnered international attention due to its potential to set a precedent for other lawsuits against multinational oil companies. [read post]
27 May 2021, 9:14 am by Tim De Chant
(credit: Pete Markham) Yesterday was a bad day to be an oil company. [read post]
26 May 2021, 12:23 pm by Matt Gluck
” A Dutch court ruled that oil giant Royal Dutch Shell must decrease its greenhouse gas emissions by 45 percent before 2030, writes NPR. [read post]