Nasdaq LONDON, March 29 – Energy major Shell SHEL.L has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action. While Shell had set itself a target to reach net zero carbon neutrality by 2050, its intermediate
World Oil Texas Attorney General Ken Paxton is leading a 14-state coalition challenging the Biden Administration’s Environmental Protection Agency (EPA) regulations on vehicle emissions. Paxton says President Joe Biden’s ‘bureaucratic decrees’ micromanage cars’ and trucks’ greenhouse gas emissions, which exceeds the EPA’s authority and violates the Constitution’s separation-of-powers principles. “At a time when American gas prices are skyrocketing at the pump,
Reuters WASHINGTON -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, authored by conservative Chief Justice John Roberts, handed a victory to PennEast Pipeline Company LLC, a joint
CNBC The U.S. Supreme Court on Friday bolstered a bid by small oil refineries to seek exemptions from a federal law requiring increasing levels of ethanol and other renewable fuels to be blended into their products, a major setback for biofuel producers. The 6-3 ruling overturned a lower court decision that had faulted the U.S. Environmental Protection Agency for giving
Reuters The governor of Texas in an unusual move on Thursday asked the state’s Supreme Court to accept an Exxon Mobil Corp (NYSE:XOM) petition seeking to reverse a state court decision in a climate change case. California municipal officials sued Exxon and other energy companies in 2017 seeking damages for rising sea levels they blamed on fossil fuel emissions, prompting a countersuit
Reuters NEW YORK – A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming. Ruling in favor of BP Plc, Chevron Corp, ConocoPhillips, Exxon Mobil Corp and Royal Dutch Shell Plc, the 2nd U.S. Circuit Court of Appeals in Manhattan
Oil and Gas 360 NEW YORK (Reuters) – General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than $1 billion, according to a lawsuit filed on Thursday. GE sued the rival company, Siemens Energy Inc,
Bloomberg Law The U.S. Supreme Court launches its new term with a light environmental docket and a heavy air of uncertainty, with a nomination battle raging and a global pandemic continuing to disrupt the institution’s normal order. The court sits for its first environmental case on the opening day of oral arguments Oct. 5, wading into a water war between
Global Legal Chronicle Latham & Watkins LLP acted as Energy Capital Partners’ legal counsel, while Mayer Brown LLP, as lead transaction counsel to FSI. First State Investments, a leading global investor in infrastructure, and Energy Capital Partners, a leading power and renewables private equity investor, announced that First State Investment is acquiring a 40% stake in Terra-Gen from ECP. The
Today the Maine Supreme Court issued a ruling that found the proposed citizen’s initia…
Argentina’s highest court unanimously rejected the plaintiffs’ final bid to e…
OKLAHOMA CITY, June 29, 2020 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today announced that the U.S. Bankruptcy Court for the Southern District of Texas (“the Court”) has approved the Company’s motions seeking a variety of “first-day” relief, including authority to pay owner royalties, employee wages and benefits, and certain vendors and suppliers in the ordinary course for goods and services provided.
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