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Posts on ‘July 11th, 2011’

Kiobel v. Royal Dutch Petroleum

Will SCOTUS review Alien Tort Statute after D.C. Circuit ruling?

7/11/2011

Friday’s 151-page ruling by the U.S. Court of Appeals for the District of Columbia Circuit, reviving an Alien Tort Statute case accusing Exxon of abetting murder and torture in Indonesia, stands in direct contrast to a ruling last September by the Second Circuit, which determined that corporations cannot be held liable under the Alien Tort law. The issue of corporate liability under the ATS is now squarely before the U.S. Supreme Court, since the Nigerian plaintiffs in the Second Circuit case, Kiobel v. Royal Dutch Petroleum, filed a June 13 certiorari petition asking for review of the appellate court’s holding. So with a clear split in the circuit courts, it’s a sure bet that the Supreme Court will take the case when the justices return from their summer break, right? read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell CEO warns of global energy supply shortage this decade

By MYRNA M. VELASCO July 11, 2011, 1:54am
PETALING JAYA, Malaysia – This decade would be another defining moment for the global energy sector as warning of probable supply shortage had been raised – a scenario which may drive prices to extreme volatilities for the next round.

In a roundtable briefing with selected Asian journalists here, Royal Dutch Shell plc Chief Executive Peter Voser indicated high likelihood of shortages in energy supply in the next 5 to 7 years saying, “demand will outpace available supply in the years to come.”

If consumers are already distressed with the extreme swings in pump prices, which very often are on upward trends, market analysts could only guess how prices would exhibit even more explosive spikes if the anticipated demand climb would outstrip available energy supply. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.