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  • 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

    How Are Oil Prices Set And Why Are They Falling Fast?

    The price point at which crude oil is traded internationally is fixed predominantly by the Brent Crude Oil, West Texas Intermediate Crude Oil and Dubai/Oman Crude Oil benchmarks.
    United StatesEnergy and Natural Resources
    Bingham Greenebaum Doll LLP
    Bingham Greenebaum Doll LLP
  • 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

    Calls To Regulate Methane Emissions From The Oil And Gas Industry

    In separate letters, two groups called on EPA to regulate methane emissions from the oil and gas industry.
    United StatesEnvironment
    Jones Day
    Jones Day
  • 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
  • Article

    How Long Is The Builders' Lien Registration Period For Drilling And/Or Servicing A Well Or Well Site On An Oil Sands Project? Spoiler Alert – It's 90 Days!

    The Court of Queen's Bench of Alberta held that the 90-day lien period to register a lien against an "oil or gas well" or "oil or gas well site" applies to drilling on oil sands mines.
    CanadaReal Estate and Construction
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Federal Government Issues New Tax Incentives To Boost Deep Offshore Oil And Gas Investment

    British American Tobacco faces significant penalties from Nigeria's Federal Competition and Consumer Protection Commission for alleged violations of consumer protection regulations. The case raises important questions about corporate compliance with local consumer laws and the enforcement powers of regulatory bodies in protecting market competition.
    NigeriaEnergy and Natural Resources
    Solola & Akpana
    Solola & Akpana
  • Article

    The Impact Of The Oil Price Plunge On Asia’s Largest Economies

    The three largest economies in Asia – China, Japan and India – also happen to be three of the biggest oil importers in the world, trailing only the US.
    GlobalEnergy and Natural Resources
    TMF Group BV
    TMF Group BV
  • Article

    Newswire: Iran, Sanctions And The Oil Spike — A Nail Biting Start To 2012?

    Sanctions signed into law by U.S. President Barack Obama on New Year's Eve allows the US to cut off financial institutions worldwide who deal with the Central Bank of Iran ("CBI") from the U.S. financial system.
    GlobalInternational Law
    W Legal
    W Legal
  • Article

    Key Legal Challenges Facing The Oil Trading Community

    The legal landscape for oil traders continues to present significant challenges for the unwary.
    United KingdomEnergy and Natural Resources
    Clyde & Co
    Clyde & Co
  • Article

    Greenwashing Lawsuits Against Major Oil And Gas Companies Are Getting The Green Light To Move Forward In Litigation

    "Greenwashing" is the term for a company's exaggerated, misleading, or unsupported claims about its environmental practices.
    United StatesEnergy and Natural Resources
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Oil Market Law In Turkey - A General Overview On Oil Market Law In Turkey

    Nowadays, the oil sector is on a voyage of major change all over the world and in particular in the European Union.
    TurkeyEnergy and Natural Resources
    ONGUR & PARTNERS
    ONGUR & PARTNERS
  • Article

    Alert On The Russian Oil Price Cap And Possible Evasion

    The United States Office of Foreign Assets Control ("OFAC") issued an Alert on April 17, 2023, warning U.S. persons about the possible evasion of the price cap imposed by the Department...
    GlobalInternational Law
    Torres Trade Law, PLLC
    Torres Trade Law, PLLC
  • Article

    President Trump Threatens "Secondary" Tariffs On Countries Importing Venezuelan, Russia, Or Iranian Oil

    In the last week, President Trump has threatened "secondary" tariffs in three distinct scenarios.
    GlobalInternational Law
    Crowell & Moring LLP
    Crowell & Moring LLP
  • Article

    Overview Of The Current Trend Of Saudi Export

    Considering todays current oil prices, it is obvious that Saudi Arabia will be experiencing budget deficit for 2024. After enjoying a rare budget surplus in 2022, and despite the recorded surplus trade balance of 113.1 USD billions in Dec 2023.
    Saudi ArabiaInternational Law
    Andersen
    Andersen
  • Article

    Cutting Through The Haze: Georgia And CBD Oil

    In Georgia, employees risk being penalized by their employers for their legal use of Cannabidiol (CBD) oil while performing their jobs.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Seyfarth Shaw LLP
    Seyfarth Shaw LLP
  • Article

    British Columbia And Alberta Reach Agreement On BC’s Five Requirements To Supporting Heavy Oil Pipelines

    British Columbia and Alberta recently announced that the provinces have entered a framework agreement on moving energy resources to new markets and confirmed certain principles that will apply to the development of heavy oil pipelines from Alberta’s oil sands to the BC coast.
    CanadaEnergy and Natural Resources
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Federal Court Decision In Kearl Creates Further Uncertainty And Delay For Oil Sands Projects

    As described in the March 2008 Blakes Bulletin on Environmental Law entitled "Environmental Assessments and Greenhouse Gas Emissions", in a decision released on March 5, 2008, the Federal Court held that the Report of the Joint Review Panel approving Imperial Oil's Kearl Oil Sands Project (Kearl Project), did not provide a rationale for its conclusions on greenhouse gas emissions.
    CanadaEnergy and Natural Resources
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Med Flavour Inc.: The Importance Of Branding

    When one thinks of bottled olive oil, Italy probably comes to mind.
    CanadaMedia, Telecoms, IT, Entertainment
    Fuller Landau
    Fuller Landau
  • Article

    Taylor Energy Company Agrees To Pay Over $43 Million And Transfer $432 Million Decommissioning Trust Fund To The United States For Longest Running Oil Spill In U.S. History

    On December 22, 2021, Taylor Energy Company LLC ("Taylor Energy"), a Louisiana based oil and gas company, and the United States Department of Justice reached a settlement...
    United StatesEnergy and Natural Resources
    Kean Miller LLP
    Kean Miller LLP

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