Oil Majors Restart Talks with Kazakh State on $5 Billion Kashagan Sulfur Fine
3 months ago
In a move that many have anticipated, big oil companies have restarted negotiations with Kazakhstan over a disputed $5 billion fine levied against them for the flaring of sulfur at the gigantic Kashagan oil field. Such renegotiation will have potential implications for the big players in the oil industry and for environmental laws affecting the region.
Continue readingMeta Fined €91 Million by Irish Regulator Over Password Breach
3 months ago
Meta, the technology giant behind some of the world's largest social media platforms, including Facebook and Instagram, has been fined €91 million by Ireland's Data Protection Commission. The huge penalty follows findings by the regulator of serious breaches in password data protection practices at the company, which left millions of user accounts vulnerable to potential security threats.
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