Friday, 4 April 2025

Focus on Courts

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsFuelLegislationNewsOilPolitics

Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds

The bonds had been issued under President Maduro, but opponents said the National Assembly never approved using Citgo as collateral.

FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024. REUTERS/Mike Blake/File Photo
BusinessCourtsElectric Vehicles (EVs)FinanceManufacturingNews

Fisker seeks judge’s approval to sell Ocean EVs at $14,000 per SUV

Following the judge's nod, Fisker will be able to offload 3,321 EVs to New York-based American Lease for $46.25 million.

FILE PHOTO: A view of the MP Materials rare earth open-pit mine in Mountain Pass, California, U.S. January 30, 2020. REUTERS/Steve Marcus/File Photo
ClimateCourtsEmissionsEnvironmentNewsPoliticsRegulations

US Supreme Court gives miners, farmers new shot at overturning regulations

Proponents expect the ruling to bolster challenges to various regulations, including the ESG investing rule.

The Supreme Court building is seen on Friday, June 28, 2024, in Washington. (AP Photo/Mark Schiefelbein)
ClimateCourtsEmissionsEnvironmentIndustryNewsPoliticsRegulations

Chevron doctrine ruling: US SC reduces powers of federal regulators

The rejection of the Chevron doctrine shifts power from federal agencies to the courts, affecting rules on environment, health, and safety.

FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo
CourtsCritical MineralsMineralsMiningNewsPolitics

Canadian miner FQM to launch formal arbitration versus Panama

First Quantum Minerals will launch formal arbitration proceedings against Panama over the country's decision to close the Cobre Panama mine.

AnalysisClimateCourtsElectionsEmissionsIn-DepthOilPolitics

Q&A: What does the ‘landmark’ Horse Hill judgment mean for UK fossil fuels?

On June 20, the British Supreme Court ruled that a local council acted unlawfully by granting planning permission for an oil project. Carbon...

FILE PHOTO: A general view of the U.S. Supreme Court building in Washington, U.S., June 1, 2024. REUTERS/Will Dunham/File Photo
ClimateCourtsEmissionsEnvironmentIndustryNatural GasNewsPoliticsRegulations

US Supreme Court blocks EPA’s ‘Good Neighbor’ air pollution plan

The U.S. Supreme Court blocked an EPA regulation aimed at reducing ozone emissions that may worsen air pollution in neighboring states.

In 2023, cases against companies made up a quarter of the 233 lawsuits filed globally that year alone (AFP)
AnalysisAviationBusinessClimateCourtsEmissionsOilSustainable Aviation Fuel

Climate lawsuits against companies on the rise: report

Accusations of "climate-washing" or misleading marketing have been among the drivers for more recent cases against corporations. 

FILE PHOTO: Cars accelerate down Third Avenue beside Marshall University's campus in Huntington, West Virginia, U.S. May 4, 2017.  REUTERS/Lexi Browning/File Photo
AutomotiveCourtsElectric Vehicles (EVs)FuelNewsPoliticsRegulationsTransport

Republican state AGs challenge new US fuel economy rules

The AGs have called the ne requirements unworkable and forcing automakers to build more electric vehicles.

FILE PHOTO: General view of Citgo Petroleum headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsNewsOil

Complex bids could extend Citgo auction evaluation, sources say

The court-organized auction of the seventh-largest U.S. oil refiner aims to satisfy up to $21.3 billion in claims against Venezuela.

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