News & Analysis as of

Energy Exploration Oil & Gas

Latham & Watkins LLP

New SEC Disclosures for Payments to Governments by Oil, Natural Gas, and Mining Companies: FAQs

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New SEC Disclosures for Payments to Governments by Oil, Natural Gas, and Mining Companies - What so-called resource extraction issuers need to know ahead of the September 26, 2024 deadline. ...more

Gray Reed

PSA Well Permit Dispute Makes its Way to the Texas Supreme Court

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Contacted at his seaside villa, Captain Renault said he was shocked that Elsie and Adrian Opiela are asking the Texas Supreme Court to review questions surrounding the Railroad Commission’s approval of a drilling permit for a...more

Bennett Jones LLP

WPC 2023 Day Four: Fueling Innovation in Biofuels, RNG and SAF

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On the fourth and final day of the 2023 World Petroleum Congress in Calgary, Bennett Jones' Shawn Munro and Luke Morrison spoke with conference attendees about biofuels and renewable natural gas (RNG) from both regulatory and...more

Bennett Jones LLP

WPC 2023 Day One: Canada as a Global Energy Supplier

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Day One of the 24th World Petroleum Congress kicked off in Calgary today as 5,000 delegates from more than 100 countries have come together to help define realistic, workable paths to a net zero future....more

Holland & Knight LLP

Nuevas pautas para supervisar formación de precios en la bolsa de energía en Colombia

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La Comisión de Regulación de Energía y Gas (CREG) de Colombia, a través de la Resolución CREG 101-018 del 31 de julio de 2023, dio cumplimiento, a la obligación prevista en el Artículo 8 del Decreto 0929, del 7 de junio de...more

Bennett Jones LLP

You Can't Just Wait for LNG to Happen: Q&A with Christy Clark

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Christy Clark worked tirelessly to create a new industry in LNG during her six-and-a-half years as Premier of British Columbia. She led the negotiations with industry, investors, Indigenous communities and the federal...more

Holland & Knight LLP

Temas esenciales de energía discutidos en Congreso Anual de Energía de Acolgen en Bogotá

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Holland & Knight estuvo presente en el 15 Congreso Anual de Energía de Acolgen que tuvo lugar el 11 de mayo de 2023 en Bogotá, en el cual se discutieron los temas esenciales del sector de energía. En este evento se escuchó de...more

White & Case LLP

Recovering prices stabilize oil and gas credits

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Recovering oil prices brought much needed stability to the balance sheets of oil and gas borrowers that were on the brink of foreclosure through lockdowns, but the transition away from hydrocarbons poses an ongoing challenge...more

Bennett Jones LLP

Regulatory Changes to Saskatchewan Pipeline Development and Energy Industry Incentive Programs

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The Government of Saskatchewan has recently implemented a number of regulatory changes to assist energy projects. These changes further expand and refine the Ministry of Energy and Resources 2019 Petroleum Innovation...more

Jones Day

The Future of Gas in NSW

Jones Day on

The New South Wales Government recently announced that the land available for gas exploration will be significantly reduced. The Future of Gas Statement published by the New South Wales ("NSW") Government outlines plans...more

Bennett Jones LLP

Saskatchewan Approach to Oil and Gas Liability Management

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In our March 2021 blog on the difference between Alberta and Saskatchewan's approach to Oil and Gas liability management, we commented on the differing approaches to liability management introduced in each province following...more

Morgan Lewis

Assumption and Rejection of Midstream Contracts in Bankruptcy

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The ability to assume or reject executory contracts is one of the primary tools used by debtors in a Chapter 11 reorganization. Where a debtor has a contract with a third party that is “executory”—meaning that ongoing...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Proposed Changes to Hydrocarbon Law

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Mexico’s President Andres Manuel Lopez Obrador introduced a legislative initiative on March 26 to reform Mexico’s Hydrocarbon Law (the Hydrocarbons Reform) that is aimed to impair investors in the sector. While the...more

White & Case LLP

Initiative to modify the Hydrocarbons Law

White & Case LLP on

On March 26, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "initiative to modify the Hydrocarbons Law," (the "Initiative"). The Initiative intends to modify relevant aspects of...more

Bennett Jones LLP

New Oil and Gas Liability Management Frameworks: Alberta vs Saskatchewan

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Following the Redwater decision (Orphan Well Association v Grant Thornton Ltd., 2019 SCC 5), and the steadily increasing number of orphaned oil and gas sites, governments have been evaluating opportunities to modify their...more

Mayer Brown

Brazil’s National Agency of Petroleum Publishes Resolutions Maintaining Measures Related to COVID-19

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On December 21, 2020, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) published (i) Resolution No. 835/2020, which extends the effective term of certain ANP resolutions with measures related to the public...more

White & Case LLP

No let up for oil and gas borrowers

White & Case LLP on

The oil and gas sector has been one of the hardest hit by COVID-19 lockdowns and there has been little relief as restructurings rise across the industry - The oil and gas (O&G) upstream sector continues to face financing...more

Holland & Knight LLP

Conozca los detalles de la Ronda Campos 2020 de Ecopetrol en Colombia

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Ecopetrol S.A. ha anunciado la Ronda de Campos 2020, para adjudicar ciertos activos petroleros. Son nueve los activos que Ecopetrol pretende subastar para ser posteriormente cedidos a través de un contrato de cesión, los...more

Holland & Knight LLP

ANH en Colombia publica Proyecto de Acuerdo para Prórroga, Plazos y Terminación de Contratos

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La Agencia Nacional de Hidrocarburos (ANH) en Colombia publicó el Proyecto de Acuerdo, "Por el cual se establecen criterios para la prórroga, otorgamiento de plazos y terminación por mutuo acuerdo de Contratos de Evaluación,...more

Holland & Knight LLP

Draft Law aims to prohibit exploration and exploitation of unconventional deposits

Holland & Knight LLP on

El pasado 10 de agosto 36 congresistas de diferentes partidos políticos, la Alianza Colombia Libre de Fracking y otras organizaciones (que vienen interviniendo en los procesos que se adelantan en el Consejo de Estado contra...more

Bracewell LLP

Predictable unpredictability: stranded assets and the scope for disputes under PSCs

Bracewell LLP on

In the current climate, many exploration and production companies are looking to reduce capital expenditure and to streamline their operations. They are also reassessing their demand and price forecasts and considering the...more

Pillsbury Winthrop Shaw Pittman LLP

Oil Regulation 2020: United States

Key commercial aspects - 1 Describe, in general terms, the key commercial aspects of the oil sector in your country. The US oil industry is divided into three sectors: • upstream (exploration and production); •...more

Holland & Knight LLP

ANH de Colombia modifica los términos de referencia para el proceso permanente de áreas de asignación

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El pasado 20 de mayo de 2020 la Agencia Nacional de Hidrocarburos (ANH) expidió la Adenda No. 12, modificando los Términos de Referencia del Proceso Permanente de Asignación de Áreas (PPAA) y estableciendo los requisitos y...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #4

Industry Expert Insights - We reached out to a well-known expert in Mexico in the energy and legal industries to get his thoughts on the current energy climate. Juan Serra is a partner in the Mexico City office of...more

Gray Reed

Who Said What at the Railroad Commission Market Demand Prorationing Hearing?

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We read the comments and listened in on portions of the historic April 14 hearing on the proposal that the Commission order market demand prorationing of Texas oil and gas production. Of the 120+ written comments, 51...more

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