Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill

by Jonathan L. Ramseur
Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill
Author: Jonathan L. Ramseur
Publisher: DIANE Publishing
Total Pages: 27
Release: 2011-06
Genre: Reference
ISBN: 143798343X
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The 2010 Deepwater Horizon (DH) incident produced the largest oil spill that has occurred in U.S. waters, releasing more than 200 million gallons into the Gulf of Mexico. BP has estimated the combined oil spill costs will be approx. $41 billion. The DH oil spill raised many issues for policymakers, incl. the ability of the existing oil spill liability and compensation framework to respond to a catastrophic spill. Contents of this report: (1) Intro.; (2) Existing Liability and Compensation Framework: Responsible Party; Liability Limits; Financial Responsibility; The Oil Spill Liability Trust Fund; Compensation or Claims Process; (3) Issues for Policymakers: Liability Limits; Per-Incident Cap; Level of Funding; Claims Process. This is a print on demand report.

Deepwater Horizon Oil Spill

by Curry L. Hagerty
Deepwater Horizon Oil Spill
Author: Curry L. Hagerty
Publisher: DIANE Publishing
Total Pages: 51
Release: 2010-10
Genre: Technology & Engineering
ISBN: 1437934730
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On April 20, 2010, an explosion and fire occurred on the Deepwater Horizon drilling rig in the Gulf of Mexico (GoM). This resulted in 11 worker fatalities, a massive oil release, and a national response effort in the GoM region by the federal and state governments as well as BP. Contents of this report: (1) Intro.; (2) Setting in the GoM: Oil and Gas Recovery; Weather and Ocean Currents; Biological Resources; (3) Offshore Oil and Gas Drilling Technology; (4) Fed. Statutory Framework; (5) Fed. Regulatory Framework; (6) Environmental and Economic Impacts; (7) Labor Issues; (8) Reorganization of Minerals Mgmt. Service; (9) FEMA Issues; Exxon Valdez; Recent Regional Disaster History; (10) Conclusion. Charts and tables.

Environmental Justice and Oil Pollution Laws

by Eloamaka Carol Okonkwo
Environmental Justice and Oil Pollution Laws
Author: Eloamaka Carol Okonkwo
Publisher: Routledge
Total Pages: 310
Release: 2020-02-13
Genre: Law
ISBN: 1000040682
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This book explores the relationship between oil pollution laws and environmental justice by comparing and contrasting the United States and Nigeria. Critically, this book not only examines the fluidity of oil pollutions laws but also how effective or ineffective enforcement can be when viewed through the lens of environmental justice. Using Nigeria as a case study and drawing upon examples from the United States, it examines the legal and institutional challenges impacting upon the effective enforcement of laws and provides a contrasting view of developed and developing countries. Focusing on the oil and gas industry, the book discusses the laws and international acceptable standards (IAS) in these industries, the principles behind their application, the existing barriers to their effective implementation, and how to overcome those barriers. Utilising an environmental justice framework, the book demonstrates the synergy between policy-making, human rights, and justice in oil-producing regions as well as addressing the importance of protecting the rights of minorities. Through a comparative analysis of the United States and Nigeria, this book draws out enforcement approaches and mechanisms for tackling oil-related pollution with a view to reducing environmental injustice in developing countries. Examining the role of NGOs in pursuing environmental justice matters, the book showed the regional courts as one avenue of overcoming the enforcement challenges faced by the developing countries. This book will be of great interest to students and scholars of environmental law, environmental justice, minorities' rights, business and human rights, energy law, and natural resource governance.

Political and Investment Risk in the International Oil and Gas Industry

by Steven A. Mucci
Political and Investment Risk in the International Oil and Gas Industry
Author: Steven A. Mucci
Publisher: Lexington Books
Total Pages: 233
Release: 2017-10-11
Genre: Political Science
ISBN: 1498546137
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This book examines the financial, legal and institutional strategies available to the international oil and gas industry to manage political and investment risk. The financial techniques for mitigating and allocating risk include corporate finance, joint ventures, and project finance. The legal techniques include production sharing agreements, profit sharing agreements, service contracts, bilateral investment treaties, and multilateral investment treaties. The institutional techniques include domestic courts, national constitutions, international arbitral tribunals, governmental and non-governmental regulatory agencies, alliances and energy diplomacy.This book traces the historical development of these techniques and their application in practice. The effectiveness with which companies manage political and investment risk is important for the financial sustainability of individual firms and the industry as whole. The real and perceived level of risk affects the level of exploration expenditures and therefore the balance between supply and demand, and the price of oil and natural gas. The search for a secure supply of oil and gas affects the political, military, and economic relations between countries. Consequently, every developed and developing country has placed energy policy at or near the top of its national priorities.

International Law and the Arctic

by Michael Byers
International Law and the Arctic
Author: Michael Byers
Publisher: Cambridge University Press
Total Pages: 341
Release: 2013-08-01
Genre: Law
ISBN: 1107435951
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Climate change and rising oil prices have thrust the Arctic to the top of the foreign policy agenda and raised difficult issues of sovereignty, security and environmental protection. Improved access for shipping and resource development is leading to new international rules on safety, pollution prevention and emergency response. Around the Arctic, maritime boundary disputes are being negotiated and resolved, and new international institutions, such as the Arctic Council, are mediating deep-rooted tensions between Russia and NATO and between nation states and indigenous peoples. International Law and the Arctic explains these developments and reveals a strong trend towards international cooperation and law-making. It thus contradicts the widespread misconception that the Arctic is an unregulated zone of potential conflict.

Places of Refuge for Ships in Distress

by Anthony Morrison
Places of Refuge for Ships in Distress
Author: Anthony Morrison
Publisher: Martinus Nijhoff Publishers
Total Pages: 429
Release: 2012-06-08
Genre: Law
ISBN: 9004218890
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By examining the problem of places of refuge for ships in distress and proposed solutions under international, national and regional law, Places of Refuge for Ships in Distress by Anthony Morrison highlights the need for further solutions and presents alternative solutions.

Sharing the Costs and Benefits of Energy and Resource Activity

by Lila Barrera-Hernández
Sharing the Costs and Benefits of Energy and Resource Activity
Author: Lila Barrera-Hernández
Publisher: Oxford University Press
Total Pages: 481
Release: 2016-05-26
Genre: Law
ISBN: 0191080985
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A new phase is emerging in the relationship between energy and resource activities and the communities that are affected by them. Any energy or resource project - a mine, a wind farm, a dam for hydroelectricity, or a shale gas development - will involve a mix of impacts and benefits for communities. For many years, the law has mediated impacts on communities and provided for the distribution of financial benefits. Now, there is growing awareness of the need to consider not only a wider range of costs and benefits for communities from energy and resource projects, but also the effects on communities at multiple scales and in complex ways. Sharing the costs and benefits of natural resource activity has now become a legal requirement for energy and resource projects operating in many jurisdictions, particularly in developing countries. This book uses cases studies from across the globe to examine the emergence of such legal measures, their advantages and disadvantages, and the improvements that may be feasible in the legal frameworks used to distribute the costs and benefits of energy and resources activity. The book has three parts: Part I considers general legal and conceptual frameworks; Part II addresses the mechanisms available to distribute costs and benefits; and Part III considers the role of public engagement and participation in the sharing of the costs and benefits from energy and resource projects.