On November 7, 2017, the DOJ unsealed charges against five individuals alleging violations of the FCPA in connection with an alleged foreign bribery scheme at Rolls-Royce plc
Corporate Governance
Charges Unsealed Against Five Individuals, Including Two Executives, In Foreign Bribery Scheme Involving Rolls-Royce
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For those who might have wondered if the Sessions DOJ was going to enforce the Foreign Corrupt Practices Act, that question seems to have been answered in the affirmative.
Shareholders At ExxonMobil Vote In Favor Of Climate Change Reporting
By SARAH A. ALTSCHULLER | FOLEY HOAG LLP - ENVIRONMENTAL LAW
On May 31, shareholders at Exxon Mobil Corp. voted in favor of a climate change resolution asking the company to publish an annual report on the business impact of measures designed to limit global temperature increases to 2 degrees centigrade
When most people across the globe think of Rolls-Royce, one word comes to mind – excellence.
The federal lawsuit filed by twenty-three states challenging EPA’s Mercury and Air Toxics Standards is in the 8th inning, and things are not looking good for the challengers.
Energy News Roundup: VW Scandal Deepens, NRG’s Renewable Defection & Apple’s EV Plans
By Conor O'Sullivan
The scope of Volkswagen’s diesel scandal broadened on Tuesday, with the company announcing that 11 million of its diesel cars worldwide were equipped with the same software that was used to cheat on emissions tests in the United States. [The NY Times] Shares of NRG Energy have fallen 8.6% to $16.44 on heavy trading volume, continuing losses from… Keep reading →
Energy News Roundup: Total CEO Dies in Plane Crash, Amsterdam Airport Tesla Taxis & MPs Pension Fund Fossil Fuel Divestment
By Jared Anderson
Christophe de Margerie, CEO of major French oil company Total, was killed Monday night when his corporate jet crashed into a snow removal vehicle on the runway of an airport near Moscow. The company reportedly has no succession plant in place, but has strong corporate governance led by a long-standing board of directors. “Barclays France… Keep reading →
Sustainability: Reconfiguring the Relationship between Humanity, Energy and the Natural World
By Roman Kilisek
A new ‘Zeitgeist’ is increasingly taking hold in growing pockets of society, politics and the business world. All indications point to one direction – towards the concept of ‘sustainability’ dominating human behavior and thinking in the twenty-first century. As the urbanization wave around the globe rolls on, megacities are increasingly becoming the epicenter of human… Keep reading →
Italian oil and gas giant Eni’s CEO Paolo Scaroni was reportedly sentenced to 3 years in prison by a court in the north-eastern town of Rovigo on pollution charges stemming from his stint at the helm of Italian utility Enel. Apparently the Porto Tolle power plant was not in compliance with environmental regulations during Scaroni’s… Keep reading →
