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Ann: Exposure to Uruguay increased by 22.9%, page-128

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    The translation

    The public rapporteur of the Versailles Court of Appeal ruled yesterday in favor of minimum compensation for the Schuepbach company. He proposed that the expenses incurred by the company in obtaining its mining titles be taken into account and recommended that the expert be appointed to determine with certainty the amount the oil tanker incurred. In contrast, he proposed to reject the compensation for the shortfall that petrolier texan had costed at 1 billion euros. The judgment was reserved. It was a long struggle between the Texas oil industry and environmental advocates. Schuepbach obtained two shale gas exploration titles in 2010, in Nant in southern Aveyron and in Vinneuneuve-de-Berg in Ardèche, just like Total in Montélimar. But in the face of the mobilization, I government adopt the Jacob Law July 14, 2011 which prohibited hydraulic fracturing, technique used to extract fuel from the sun. The license holders then have two months to report on the techniques they will use on their perereters: the three licenses will finally be repealed on October 14, 2011 by the government. In spite of the recourse of the company said by the Swiss Martin Schuepbach, the administrative court of Cergy-Pontoise confirms the repeal of the permits of December 2015. The company first claimed 117 million euros to compensate for the repeal of permits. explorations of shale gas from Nant and Villeneuve-de-Berg before begging the French state 1 billion euros. The sum included the expected profit from gas production for 50 years, even though no drilling had yet been done to establish the presence of hydrocarbons. The American tanker accused the state of unfairly blocking the records while they pledged not to use hydraulic fracturing. Since the beginning of this case, things tend to evolve in the French legislation. Nicolas Hulot, Minister of the Ecological Transition, presented to a bill last July to prohibit the production of hydrocarbons by 2040

    Desie101
 
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