Ecuador court orders Chevron asset seizure
As part of an ongoing lawsuit between Chevron and plaintiffs from various Amazonian villages, an Ecuadorian court has ordered the seizure of approximately US$ 200 million worth of company assets.
Exploration - 17 October 2012
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Polish PM announces 40% tax on O&G profits
Poland’s Prime Minister, Donald Tusk, has announced plans to tax oil and gas companies at roughly 40% of their profits as the government begins to outline what it hopes will be seen as an investment-friendly regulatory framework.