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Caribbean Updates: Inter-American Court of Human Rights holds climate change hearing

EnergiesNet — Sun, 28 Apr 2024 17:14:33 +0000

Just Caribbean Updates The Inter-American Court of Human Rights convened a landmark public hearing in Barbados preparation for an advisory opinion on climate change and human rights. The inquiry was instigated by Colombia and Chile, which together asked the court to set out what legal responsibilities states have to tackle climate change and to stop …

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U.S. extends Citgo’s protection from creditors for three months – Reuters

EnergiesNet — Thu, 20 Apr 2023 09:50:52 +0000

Reporting by Caitlin Webber WASHINGTON EnergiesNet.com 04 20 2023 The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum (PDVSAC.UL) from creditors trying to seize its assets to recoup pending debts. U.S. protections on the Houston-based refiner have prevented bondholders and other creditors from moving ahead on billions …

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ICJ World Court says it can rule on Guyana-Venezuela border dispute – Reuters

EnergiesNet — Fri, 07 Apr 2023 10:31:19 +0000

Stephanie van den Berg and Deisy Buitrago, Reuters THE HAGUE/CARACAS EnergiesNet.com 04 07 2023 Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to territory rich in oil and gas. Guyana in 2018 asked …

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PDVSA’s Citgo-backed bonds are invalid, Venezuela opposition tells NY court – Reuters

EnergiesNet — Tue, 04 Apr 2023 11:00:31 +0000

Luc Cohen, Reuters NEW YORK EnergiesNet.com 04 04 2023 Lawyers for Venezuelan state-owned oil company Petroleos de Venezuela argued to New York state’s highest court that the company’s bonds backed by a majority stake in refiner Citgo Petroleum Corp are not valid. Venezuela’s opposition has controlled PDVSA’s U.S. assets including Citgo since 2019, due to …

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Argentina Found Liable in Multibillion-Dollar Suit Over YPF Takeover – Bloomberg

EnergiesNet — Sat, 01 Apr 2023 20:01:29 +0000

Bob Van Voris, Bloomberg News NEW YORK EnergiesNet.com 03 31 2023 A US judge ruled against Argentina and in favor of entities funded by Burford Capital on claims the South American nation failed to pay fair value to shareholders when it nationalized the gas and oil company YPF SA in 2012. US District Judge Loretta Preska Friday ruled in …

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Venezuela Offers to Suspend Deadline on $60 Billion of Bonds – Bloomberg

EnergiesNet — Fri, 31 Mar 2023 08:45:22 +0000

Nicole Yapur, Bloomberg News CARACAS EnergiesNet.com 03 31 2023 Venezuela will push back a legal deadline on $60 billion of defaulted debt in a bid by President Nicolas Maduro to prevent creditors from filing a wave of lawsuits while he attempts to regain recognition from the US. Maduro’s administration announced Thursday it suspended the statute …

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Letters from an American: Donald Trump indictment (March 30, 2023)

EnergiesNet — Fri, 31 Mar 2023 08:00:33 +0000

The New York grand jury investigating Trump’s 2016 hush-money payments to adult film actor Stormy Daniels has voted to indict the former president. While we don’t know the full range of charges, Manhattan district attorney Alvin Bragg’s office confirmed that they were forthcoming tonight when it released a statement saying, “This evening we contacted Mr. …

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T&T LMCS tragedy: “Paria’s process lacked justice and integrity,” – T&T Newsday

EnergiesNet — Sun, 15 Jan 2023 19:11:23 +0000

Diver’s mom speaks at CoE as lawyers fail to block testimony T&T Newsday PORT SPAIN EnergiesNet.com 01 16 2023 DR CATHERINE Ali, mother of Kazim Ali Jr, one of the four divers who died last February during an ill-fated exercise at Paria Fuel Trading’s Pointe-a-Pierre facilities, spared no punches during her assessment of Paria Trading …

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