Energy Newsletter - June 2012


In This Issue:

- DISPUTE RESOLUTION: International Arbitration Tips for Arbitration Agreements in International Energy Contracts


- D.C. Regulatory: Courts Reject Post-Deepwater Horizon Environmental Challenges

- Environmental: NGLs, TSCA, and CDR: Increased Shale Gas Development Likely Means More Gas Processing Sites Subject to June 30 Deadline

- EU Competition Law: EU Internal Energy Market Legislation Not Fully in Force


- Corporate/London: An Overview of Political Risk Mitigation for Energy Projects in Emerging Markets

- Corporate/London: Withdrawal from the Euro: the effect on existing contracts

- Corporate/London: UK Energy Bill designed to reform the UK electricity market is a "train wreck" says renewables industry

- In The News:

- Senate Hearing on Legislation to Promote Clean Energy - Could Preempt the EPA from Regulating Greenhouse Gases

- Senate Moves to Prohibit Disclosure of Contributions by Government Contractors

- King & Spalding Earns Significant Arbitration Win for The Dow Chemical Company

- Partner James F. Bowe, Jr.,and Counsel William E. Rice Join King & Spalding’s Global Energy Practice

- Excerpt from D.C. Regulatory: Courts Reject Post-Deepwater Horizon Environmental Challenges:

Soon after the Deepwater Horizon oil spill in the Gulf of Mexico, environmental groups launched wide-ranging challenges to all phases of offshore oil and gas exploration and development. In Defenders of Wildlife v. Bureau of Ocean Energy Management, Regulation and Enforcement, the court held that environmental reviews of the specific impacts of the Deepwater Horizon spill were not required before BOEM issued new leases in the Gulf. In Gulf Restoration Network, Inc. v. Salazar, the Fifth Circuit dismissed a number of consolidated challenges under NEPA on grounds that the environmental groups had failed to participate in the underlying administrative proceedings as required by OCSLA.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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