Search Results for: BP oil

A group of Palestinian-British individuals has taken initial steps to bring British Petroleum (BP) to court, accusing the company of aiding and abetting war crimes and crimes against humanity in Gaza. The action led by Bimdman’s LLP asserts BP’s complicity through the continuous supply of crude oil to Israel, facilitated by the Baku-Tbilisi-Ceyhan (BTC) Pipeline, [...]

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Maine’s attorney general filed a lawsuit Tuesday against multiple large oil companies alleging negligence, nuisance, unfair trade practices, failure to warn and trespass as parens patriae. Included among the parties being sued are Exxon, Shell, Chevron, British Petroleum (BP), Sunoco and the American Petroleum Institute (API). In the complaint submitted by the state, the attorney [...]

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The Biden administration Thursday filed an amicus brief in Suncor Energy Inc. v. Board of County Commissioners of Boulder County on behalf of Colorado municipalities seeking damages against oil companies for “climate-change related injuries to property and residents.” The administration urged the US Supreme Court to reject the oil companies’ request to move the case from [...]

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In his epochal, controversial and highly polarizing essay, “The Social Responsibility of Business Is To Increase Its Profits,” published in the New York Times Magazine some 70 years ago, Nobel Prize-winning economist Milton Friedman argued against the social responsibility of businesses, and explicitly declared that “the business of business is business.” The shareholder value theory of the [...]

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The US Supreme Court heard oral arguments on Tuesday in Federal Communications Commission (FCC) v. Prometheus Radio Project and BP P.L.C. v. Mayor and City Council of Baltimore. In Prometheus Radio Project, which was consolidated with National Association of Broadcasters v. Prometheus Radio Project, the court has to consider whether it was permissible for the [...]

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