Climate lawsuits gain traction as Guyanese fight for healthy environment Constitutional claim against oil major ExxonMobil follows huge climate wins in courts elsewhere 01 June 2021 - 17:27 Anastasia Moloney A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, the US, May 15 2021. Picture: REUTERS/KATHLEEN FLYNN
Bogota A landmark lawsuit filed against Guyana’s government, arguing that oil production fuels climate change, could bolster legal action as court cases involving energy companies and state authorities surge, according to lawyers and environmentalists.
The constitutional claim the first of its kind in the English-speaking Caribbean asserts that oil exploration and production led by US oil major ExxonMobil off the South American country’s coast is unconstitutional, said the case’s lead lawyer, Melinda Janki.
CAIRO: The Suez Canal Authority (SCA) said Monday it was showing “full flexibility” in compensation talks with the owner of the Ever Given container ship, which got stuck in the strategic waterway earlier this year and disrupted global trade. Osama Rabie, who heads the authority, told a delegation from India’s embassy in Egypt that the SCA would spare no effort in ensuring the
RIYADH: A French delegation on a three-day trip to Saudi Arabia has expressed high hopes for the Kingdom’s future through investment opportunities in emerging sectors and enhanced bilateral relations. With direct investments amounting to more than $4.37 billion, France has become one of Saudi Arabia’s largest investors.
Nigeriaâs State Oil Firm to Acquire Stakes in Six Refineries
Jun 01 2021, 3:52 PM
June 01 2021, 3:11 PM
June 01 2021, 3:52 PM
(Bloomberg) Nigeriaâs state-owned energy company said itâs considering purchasing shares in at least six privately controlled refineries in the West African nation to conform to a government directive.
(Bloomberg) Nigeriaâs state-owned energy company said itâs considering purchasing shares in at least six privately controlled refineries in the West African nation to conform to a government directive.
The Nigerian National Petroleum Corp. is seeking an equity stake in the 650,000 barrels-per-day facility that Aliko Dangote, Africaâs richest person, is building outside Lagos, as well as in five other refineries that are in the development phase, to promote ânational energy security,â the company said in a statement Monday.
DUBAI: NCB Capital and Samba Capital & Investment Management Co. will complete their merger in the third quarter of 2021. Saudi National Bank (SNB), which was itself the result of the merger of National Commercial Bank (NCB) and Samba Financial Group in April, made the announcement in a bourse statement on Tuesday. “SNB announces that the approval of the Capital Market