Lawyers

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  Climate change lawsuits have nearly tripled in last 10 years, new study reveals

  Compensation for three types of lawsuits—climate damages, misleading advertising claims, and emissions reduction—has grown considerably in recent years.

• No More Gasoline Imports For Iran After Completion of New Refinery

  Iran will stop its importation of gasoline once the new refinery becomes completed and fully operational. The said project was delayed due to sanctions imposed on its nuclear program. The project is initially backed up by NIORDC and private developers.

• Oil and Gas Producer Chaparral Energy misses deadline to debt interest

  Privately held oil and gas exploration and production company Chaparral Energy Inc. has planned to miss the interest payment due April 1 tied to a $300 million bond, according to people familiar with the matter.

• Judge Kornreich wrong to dismiss NY heating oil lawsuits - Appellate Division, Manhattan

  Appellate Division of Manhattan unanimously ruled that the past decision of Judge Kornreich to dismiss lawsuit against "adulterated" heating oil is wrong.

• Stampede Energy May Not Pay BridgeTex Pipeline Penalty Payments

  Stampede Energy is rumored to fail its penalty payments due to failure in shipping commitments. Stampede Energy, known as privately-held midstream operator, is said to fail in making penalty payments after shipping commitments on a major Texas pipeline failed, according to sources.

• States ask Supreme Court to block Obama carbon emissions plan

  President Barack Obama's Clean Power Plan has been asked to put on hold by several states that produce coal and oil. The said plan will put carbon dioxide emissions and other threats for climate change to a stop.

• Economic Sanctions on Iran Lifted: Spain Pushes Plan for Joint Refinery

  According to the Spanish foreign minister, Spain and Iran are currently in dialogue for the construction of an oil refinery at the Gibraltar strait that will be owned by Iran. The announcement was made a day after the economic sanctions on Iran have been lifted.

• Oil Prices Volatile Following Saudi Arabia-Iran Spat

  Saudi Arabi has just cut its diplomatic ties with Iran causing the oil prices to go on a roller-coaster ride.

• Little noticed, new Saudi king shapes contours of power

  By rapidly appointing two heirs, Saudi Arabia's King Salman has pressed pause on "succession Sudoku", as one leading local journalist calls speculation over whose star is rising and whose waning in the large and secretive Al Saud ruling family.

• Ruling Siumut party retains slim majority in Greenland election

  Greenland's ruling Siumut Party retained a slim majority in a snap election called after an expenses scandal, according to results issued early on Saturday, but its new leader Kim Kielsen will need to build a coalition to form a government.

• Brazil's fallen tycoon Batista goes on trial for insider trading

  Eike Batista, once Brazil's richest man, arrived at a Rio de Janeiro courthouse on Tuesday for trial on charges of insider trading in the run up to the bankruptcy of his oil firm OGX, the largest bankruptcy in Latin American history.

• Ex-wife of US oil baron to appeal $1 billion divorce award

  Sue Ann Hamm, the ex-wife of Oklahoma oil magnate Harold Hamm who was awarded cash and assets worth more than $1 billion in the couple's divorce this week, plans to appeal the judgment on grounds that it grossly undervalues the marital wealth she is entitled to.

• Libya faces chaos as top court rejects elected assembly

  Libya's Supreme Court declared the internationally recognized parliament on Thursday as unconstitutional, in a ruling likely to fuel further chaos in the north African oil producing nation.

• Why U.S. green groups are talking about abortion this election

  Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. Now he's talking about abortion and the economy to get his candidates across the finish line.