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  • Article

    Litigation Thicket Grows On New Oil And Gas Drilling On Federal Lands And Waters

    The district court granted the state's motion for preliminary injunction on June 15, 2021, and the government defendants appealed to the Fifth Circuit.
    United StatesEnergy and Natural Resources
    Holland & Knight
    Holland & Knight
  • Article

    Louisiana Severance Tax Law Changes – A Win For Oil & Gas

    While several bills were considered that would restructure the state's severance tax scheme on oil and gas during Louisiana's 2025 regular legislative session, three bills aimed to stimulate drilling activity...
    United StatesEnergy and Natural Resources
    Liskow
    Liskow
  • Article

    Summary Of The Department Of The Interior's New Methane Rule

    On November 28, the Department of the Interior's (DOI) Bureau of Land Management (BLM) released its proposed methane rule. This action furthers the Biden-Harris administration's whole-of-government...
    United StatesEnvironment
    Akin
    Akin
  • Article

    Oil Tumbles Despite OPEC Output Cut

    On Friday, US oil prices fell below the $65 a barrel level, heading for their largest monthly drop since crude oil futures started trading in New York in 1983.
    United KingdomEnergy and Natural Resources
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Mexico's Energy Regulatory Commission Clarifies 10 Scenarios On Trading For Oil Products

    Mexico's Energy Reform of 2013 opened oil and gas sectors to private direct investment and operation. Under that reform, trading of hydrocarbons, oil and petrochemicals (oil products) opened in all value chains, even though some of those products were partially opened and no permission was required.
    MexicoEnergy and Natural Resources
    Holland & Knight
    Holland & Knight
  • Article

    Oil Stays Above The $50 Mark For Two Days In A Row

    The 18th President of the United States, Ulysses S. Grant, is on the fifty-dollar bill. I had forgotten this tidbit but now that U.S. oil prices are in the $50 range, images of the $50 bills are on the front of my mind.
    United StatesEnergy and Natural Resources
    Fox Rothschild LLP
    Fox Rothschild LLP
  • Article

    US Economic Sanctions In The Energy Sector: The First-Ever Corporate Criminal Resolution Involving Iranian Oil

    On September 8, 2023, the U.S. Department of Justice (DOJ) announced its first ever corporate criminal resolution involving the illicit sale and transport of Iranian oil in violation of U.S. sanctions...
    United StatesInternational Law
    Buchanan Ingersoll & Rooney
    Buchanan Ingersoll & Rooney
  • Article

    Thailand Anchors Down its Oil Pollution Liability Laws

    The Thai Cabinet has approved a draft law governing civil liability for oil pollution from shipping. The draft seeks to implement international maritime standards and establish firm policies to deal with the catastrophic effects of oil spills.
    ThailandEnvironment
    Mayer Brown
    Mayer Brown
  • Article

    When Oil Prices Head South, So Do The Bakken Oil Trains

    Bakken crude oil increasingly heads south as low oil prices erode its competitive advantage in the U.S. East Coast market.
    United StatesEnergy and Natural Resources
    BakerHostetler
    BakerHostetler
  • Article

    A New Emphasis on MARPOL is a 2023 World Maritime Theme

    Maritime shipping emissions account for about 3% of the global carbon dioxide output, roughly the same as aviation and, according to the World Economic Forum...
    United StatesEnvironment
    Riker, Danzig, Scherer, Hyland & Perretti
    Riker, Danzig, Scherer, Hyland & Perretti
  • Article

    Preparing For The Oil Price Cap: What We Know So Far

    Various reports indicate that the Group of Seven nations (G7) will announce its initial capped price for Russian-origin crude oil transported by maritime means ("seaborne") this week.
    United StatesInternational Law
    Pillsbury Winthrop Shaw Pittman
    Pillsbury Winthrop Shaw Pittman
  • Article

    Intent To Pursue Deals At An All-Time High Among Oil And Gas Executives

    In a recently released report, the Global Capital Confidence Barometer, EY suggests that M&A intentions in the global oil and gas sector are at an all-time high.
    CanadaCorporate/Commercial Law
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Alberta Government Introduces Legislation Mandating Cap On Greenhouse Gas Emissions From The Alberta Oil Sands

    Oil sands facilities are currently regulated under the Specified Gas Emitter Regulation.
    CanadaEnvironment
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Stop Tax-Breaks For Oil Profiteering Act: Proposed Tax Legislation Intended To Reduce Excessive Speculative Trading In Oil And Natural Gas

    Proposed legislation would eliminate long-term capital gains treatment and the preferential treatment of income derived by tax-exempt organizations with respect to direct or derivative interests in oil and natural gas.
    United StatesTax
    Morrison Foerster
    Morrison Foerster
  • Article

    Oil & Gas: Challenges Facing The New Government

    Nigeria has vast oil and gas history and potential. It has the largest natural gas and second largest oil reserves in Africa with estimated known reserves of 37 billion barrels of oil and 5 trillion cubic metres of natural gas.
    NigeriaEnergy and Natural Resources
    Mayer Brown
    Mayer Brown
  • Article

    Pennsylvania Supreme Court Leaves Room For Local Regulation Of Oil And Gas Activities

    >The Pennsylvania Supreme Court recently addressed, in two concurrent decisions, the scope of local governments' authority to regulate oil and gas activities within their jurisdictions.
    United StatesEnergy and Natural Resources
    Jones Day
    Jones Day
  • Article

    Proposed Oil Tanker Moratorium Act - A Brief Look At The History Of The Moratorium

    On 12 May 2017, the Government of Canada introduced Bill C-48, the proposed Oil Tanker Moratorium Act, in Parliament.
    CanadaEnergy and Natural Resources
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Crude Oil Shipments Affected By Recent U.S. Customs Ruling

    In a recent ruling, U.S. Customs and Border Protection ("CBP") decided that shippers must employ costly U.S.-flag vessels when shipping processed condensate to and from a foreign country to be blended as a diluent with heavy crude.
    United StatesEnergy and Natural Resources
    Reed Smith
    Reed Smith
  • Article

    Interior Department Proposes Rule To Secure Decommissioning Of Offshore Oil, Gas Infrastructure

    The U.S. Department of the Interior, through its Bureau of Ocean Energy Management (BOEM), published a proposed rule on June 29, 2023, to significantly modify how the agency assesses...
    United StatesEnergy and Natural Resources
    Holland & Knight
    Holland & Knight
  • Article

    President Biden Bans Imports Of Russian Oil, Liquified Natural Gas And Coal

    On March 8, 2022, President Joseph Biden signed an Executive Order banning the import into the United States of Russian oil, liquefied natural gas, and coal. The Executive Order bans...
    United StatesInternational Law
    Thompson Hine LLP
    Thompson Hine LLP

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