Can Exxon get US$12bn in ICSID lawsuit?
Don’t bank on it, says Venezuelan President Hugo Chavez, who took to the national television networks to once again lambaste multinational energy players for supposedly taking advantage of his country. Chavez says that Exxon Mobil’s (“Exxon”) circa US$12 billion sought during World Bank international...
ELECTION: What we read, or how we read it?
As the UK parliamentary election rollercoaster grinds, or rather smashes, to a halt, both the IRJ London and Toronto offices have been chatting about the influx of damning and dooming media reports flooding in.  Speaking to editor over at the American Business Journal, Antonia McGuire, it was interesting...
BP Gulf of Mexico Oil Slick: Blow by Blow, Twist by Turn
News of the oil slick at British Petroleum’s Deepwater Horizon rig in the Gulf of Mexico, off of the coast of Louisiana, just keeps getting worse doesn’t it? Last Thursday, April 22, reports talked of emotional reunions between stranded rig workers and their respective families, and said that although...
Blair, Iraq, Oil and Bribery claims for an affiliated company
It’s been an oil-fuelled day for the British tabloids, as it emerges that Kyu-Sun Choi, head of the South Korean UI Energy Corporation, the firm which paid ex UK PM Tony Blair to do some consultancy work, was convicted of bribery in 2003. As is so often the case, the direct implications of this grand...
Falkland Islands Frictions Continue to Spark International Array
It’s fair to say that Argentina and the United Kingdom share a bit of back history when it comes to the Falkland Islands and renewed tensions over rightful sovereignty for these lands could have been easily enough predicted. The onslaught of appeal to international mediators is quite a spectacle. From...
CNPC oil pipeline leak marks a dark start to 2010 in China
2010 had barely begun when on Saturday January 2, reports surfaced of an oil leak in a pipeline operated by the China National Petroleum Corporation (CNPC). The leak reportedly began on the previous Wednesday, December 30, as a result of a construction accident. Initial reports claimed that it had polluted...