Search Results for: oil reserves

“In the pandemic economy, face masks are like bars of gold. Hoarders are hoarding them. Governors are bartering for them. Hospital workers desperately need them.” – Michael Schulman The N95 mask is very important armor in battling the COVID-19 pandemic. Instances of hoarding and black marketing of masks are rising in India. Healthcare personnel risk [...]

Introduction On November 11, 2019 The Gambia submitted an application against Myanmar at the International Court of Justice (ICJ) alleging that Myanmar had violated its obligations under the 1948 Convention on the Prevention and Punishment of the Crime of Genocide (Genocide Convention). The representation made by The Gambia as a ‘proxy’ and on behalf of [...]

While India is battling with a pandemic, financial and economical threats are looming all around. Various schemes have come to the rescue such as a relief package worth INR 1.70 lakh crore, extending the dates for filing taxes, providing 15,000 crores for health infrastructure, waiving the requirement of maintaining certain minimum balance in bank accounts, [...]

“The earth from which the first man was made was gathered in all the four corners of the world.” –The Talmud Amid growing horrors of the Coronavirus, it is easy to forget a very basic human lesson: We are all creatures of biology. By extrapolation, we are all stunningly fragile, closely interrelated and irremediably interdependent. [...]

A bipartisan bill was announced on Tuesday to provide $3 billion to buy US crude oil for the Strategic Petroleum Reserve (SPR). Senator John Hoeven (R-ND), with Representatives Lizzie Fletcher (D-TX) and Michael Burgess (R-TX) introduced the legislation after President Donald Trump and Energy Secretary San Brouillette requested that the SPR be filled. Last month, [...]

The New York Attorney General’s suit against multinational oil and gas corporation Exxon Mobil started on Tuesday in Manhattan Supreme Court, a trial-level New York court. The Attorney General filed a complaint in October 2018 under General Business Law §352, Executive Law § 63(12) and for common law fraud. The suit alleges that Exxon falsely [...]

The Supreme Court of Iowa ruled Friday that the Dakota Access Pipeline is a valid use of eminent domain in the state of Iowa. The Dakota Access Pipeline is set to be one of the largest oil pipelines in North America, running from North Dakota through South Dakota and Iowa to reach a refinery in [...]

The Supreme Court of Venezuela on Wednesday prohibited opposition leader Juan Guaidó from leaving the country. It has also frozen his Venezuelan bank accounts. These precautionary measures were solicited by the Attorney General Tarek Saab, who hours previously announced criminal investigations against Guaidó. Last week Guaidó declared himself acting president of Venezuela, despite Nicolás Maduro also claiming the presidency. US [...]

It’s not just about the 2012 Magnitsky Act. President Donald Trump’s recent affirmation of support for Saudi Arabia–even with incontrovertible evidence of Saudi criminality in the Jamal Khashoggi murder–reflects willful indifference to much wider sources of pertinent law. Both international law and the laws of the United States were flagrantly violated by this official American [...]

On October 24, 2018, New York Attorney General Barbara Underwood sued Exxon for defrauding investors about the business risks of climate change. Of course, Exxon will probably deny that it committed fraud. But, in anticipation of this day, the oil giant has spent the last two years preparing a far more insidious legal defense: that its fraud is actually protected [...]