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Gold for oil policy at risk of illicit financial flows – ISSER

Reporting Oil and Gas

The Institute of Statistical Social and Economic Research (ISSER) warns that the government’s ‘Gold for Oil’ policy, designed to tackle the foreign exchange demands of oil importers, is susceptible to Illicit Financial Flows (IFF). These factors, he asserted, create opportunities for illicit financial flows.

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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.

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The Louisiana Supreme Court Issues New Decision Addressing Scope of Claims for Negligent Infliction of Emotional Distress Absent Physical Damage  

The Energy Law

In Spencer , several residents sued Valero Refining Meraux, LLC (“Valero”) for NIED after an explosion occurred at the nearby Valero oil refinery in Meraux, Louisiana. [2] In doing so, the Court reaffirmed that NIED absent physical injury is a valid tort in Louisiana and addressed the scope of such claims.

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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.

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Louisiana Appellate Court Affirms Summary Judgment in Asbestos Case

The Energy Law

Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. Thus, Plaintiffs claimed that since Mr. Steib worked for Parsons on the Marathon refinery construction, this evidence established Mr. Steib was exposed to asbestos.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act. 1] [link]. [2]

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Louisiana Appellate Court Affirms Summary Judgment in Asbestos Case

The Energy Law

Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. Thus, Plaintiffs claimed that since Mr. Steib worked for Parsons on the Marathon refinery construction, this evidence established Mr. Steib was exposed to asbestos.

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