Sentences with phrase «imposed on oil companies»

Alaska, which pays dividends to its citizens from royalties imposed on oil companies, could provide inspiration (just as Romneycare in Massachusetts pointed the way to Obamacare).

Not exact matches

An issue right now is whether the Trump Administration will impose sanctions on PDVSA, the national oil company.

It would also safeguard the reporting of proceedings in parliament, which became the focus of extensive media interest after a super injunction was imposed on the Guardian concerning the oil company Trafigura.

«The government should impose fines on oil companies for breach of regulations over the past 10 years and take measures to punish the companies.

«Treating this pipeline facility and company differently than all other regulated projects and entities that operate in Vermont would arguably run afoul of federal pre-emption principles that explicitly bar states from regulating oil pipeline safety; potentially constitute an impermissible attempt to nullify the President's exercise of his foreign affairs power under the U.S. Constitution as reflected in the Presidential Permits issued to Portland Pipe Line and potentially impose an unconstitutional burden on foreign or interstate commerce.»

The paper goes on to cite the political risks facing fossil fuel companies (countries could impose caps or taxes on carbon), the risks of competition from cleaner technologies and the health, safety and environmental risks, citing as an example the BP Deepwater Horizon oil spill.

Mr. Coutu - whose company owns 36.7 per cent of the Syncrude oil sands project - acknowledged other sectors would have to take up the slack if the oil sands have only intensity - based requirements and Ottawa imposes a national cap on emissions.

The bill is likely to be a broad collection of provisions, including some in response to the gulf spill that would increase the liability caps on oil companies and impose tougher environmental and safety rules on offshore drilling.

Wiese told several hundred oil and gas pipeline compliance officers that his agency, the Pipeline and Hazardous Materials Administration (PHMSA), has «very few tools to work with» in enforcing safety rules even after Congress in 2011 allowed it to impose higher fines on companies that cause major accidents.

Robert's commercial disputes experience has focused on the energy sector and includes representing a multinational energy company in a $ 150 million ICC arbitration concerning the impact of government - imposed price renegotiation in the coal industry; representing an oil & gas major in a dispute under a long term gas supply agreement in relation to an off - shore West African field; defending a Russian energy infrastructure company in LCIA arbitration proceedings; and advising an oil major on potential claims under a bi-lateral investment treaty related to corruption charges and maltreatment of company officers.

Community Rights Counsel Press Release — For more than a decade, Exxon Corporation (now ExxonMobil) has waged a comprehensive campaign against punitive damages awards, triggered by the decision of a jury in Alaska to impose a $ 5 billion penalty on the company for the misdeeds that led to the Valdez oil spill, the worst in the nation's history.