News & Analysis as of

Energy Sector

NYSERDA and NY Power Authority Seek to Fund Proposals for New Clean Energy Projects: First Round Submissions Due July 13th

On June 2nd, the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA) issued record requests for proposals from qualified developers to build renewable energy projects...more

Sustainable Development Update - June 2017 #4

by Allen Matkins on

Sustainable Development Focus - Support for wind, solar power continues - Facility Executive - Jun 14 - Demand for renewable energy by consumers and businesses — along with a long-term commitment to cleaner...more

Mexico’s Energy Industry: Mexico Tender Round 2.1: Shallow Water Oil Sells Big

On June 19, 2017, the Comisión Nacional de Hidrocarburos (CNH) completed the Presentation and Opening of Bid Proposals for the First Tender of the Ronda Dos (“Round 2.1”), which was first announced on July 20, 2016. Round 2.1...more

Update: Oil & Gas Related Bills Introduced in the 2017-2018 Legislative Session

by Stoel Rives LLP on

Stoel Rives’ Oil & Gas Team has been monitoring bills introduced by California legislators since the beginning of the 2017-2018 Legislative Session. June 2, 2017 was the deadline by which the Legislature was required to pass...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Uber CEO Travis Kalanick’s indefinite leave of absence just got a whole lot more definite with news late yesterday that, bowing to pressure from shareholders, Kalanick has resigned from his post altogether....more

EIA: U.S. Refineries Are Running at Record-High Levels

by Kelley Drye & Warren LLP on

According to the U.S. Energy Information Administration, “Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged a record high 17.7 million barrels per day (b/d) for the week ending May 26,...more

Linde in the Republic of Georgia: A Declination and Lessons Learned

by Thomas Fox on

Yesterday the FCPA Professor reported the Department of Justice (DOJ) had issued a Declination to Linde North American Inc. and Linde Gas North America LLC (collectively “Linde”). This is the first Declination issued by the...more

North Sea Decommissioning - The Challenges Ahead

Where are we now? It all sounds simple enough. The dual objectives of the UK government today in relation to petroleum production from the North Sea are to maximise the economic recovery from domestic reserves and, once...more

Oil And Gas Update For Week Ending 6/16/2017 – PAPUC Issues Annual Report On Natural Gas Impact Fees.

by Cozen O'Connor on

Oil and natural gas spot prices continued their downward trend since our last report with the Henry Hub dipping below $3 for the second straight week, spot prices in Appalachia dipping below $2, and oil prices hovering around...more

Energy Hearings this Week

by Kelley Drye & Warren LLP on

House Appropriations Subcommittee on Energy and Water Development hearing on the budget for the Energy Department. Date: Tuesday, June 20, 1 p.m....more

Rhode Island Considering Legislation to Streamline Process of Developing Renewable Energy Projects

by Pierce Atwood LLP on

The Rhode Island General Assembly is considering several bills designed to streamline the local permitting process statewide and make it easier and cheaper for developers of renewable energy projects to do business in the...more

New Russia Sanctions Legislation

by King & Spalding on

The U.S. Senate passed this week a measure to codify, strengthen and expand sanctions against the Russian Federation in response to its activities in Ukraine, cyber-attacks, interference in the U.S. Presidential election, and...more

German Utilities Score Billions on Constitutional Challenge to German Nuclear Fuel Tax

by Latham & Watkins LLP on

On 7 June 2017, the Federal Constitutional Court of Germany (FCC) published a recent decision that declared the German Nuclear Fuel Tax Act (Kernbrennstoffsteuergesetz – KernbrStG) void due to the lack of legislative...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa - Moody’s downgrades Eskom - Moody’s lowered Eskom’s credit rating to the second rung of junk status on Tuesday night....more

US considers Arctic offshore oil exploration

by PretiFlaherty on

U.S. regulators are evaluating an application by a company seeking to explore for oil in the Arctic. On June 12, the federal Bureau of Ocean Energy Management or BOEM announced that it had deemed Eni US Operating Co.'s...more

Sustainable Development Update - June 2017 #3

by Allen Matkins on

Sustainable Development Focus - California and New York just sued to protect Obama’s final energy rules - Washington Post - Jun 14 - Eleven states, led by California and New York, have sued the Trump...more

Renewable Energy Update - June 2017 #2

by Allen Matkins on

Renewable Energy Focus - California regulators weigh whether the state needs more power plants - Los Angeles Times - Jun 6 - California energy officials are, for the first time, rethinking plans to build...more

Blockchain Energizer Vol. 6

by K&L Gates LLP on

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and healthcare to real estate and supply chain management. Reports estimate that over $1.4...more

Forest Service approves transmission lines

by PretiFlaherty on

The U.S. Forest Service has released its final approvals for two major electricity transmission lines proposed for development across several western states, issuing Records of Decision for the TransWest Express and Energy...more

New York: Energy Update From The Big Apple

by Fox Rothschild LLP on

Working from New York makes a person think about energy…the amount of energy it takes to fuel the sparkling Big Apple, the energy that radiates from the charming, lovely old architecture, and the energy from all the folks...more

Robinson Rejected: Zoning Ordinance Permitting Oil and Gas Development in Residential-Agricultural Districts Is Constitutional

by Blank Rome LLP on

Action Item: Oil and gas companies and attorneys should have this case at the ready when NGOs and interest groups continue their attempts to invalidate local zoning ordinances allowing for oil and gas development by relying...more

Texas Mineral Deeds Survive the Statute of Frauds

by Gray Reed & McGraw on

According to Mr. Bumble, the law is an ass. I disagree (Know a lawyer who’s an ass? That’s another conversation). In Davis v. Mueller the law was not an ass, per se, but as applied by the Texas Supreme Court it showed little...more

SEIA’s Finance & Tax Seminar Soundbites

Below are soundbites from panelists at the Solar Energy Industries Association’s (SEIA) Finance & Tax Seminar in New York City. The seminar was held on June 1 and 2, but only comments from the second day are reflected below....more

North American electric reliability - summer 2017

by PretiFlaherty on

The North American bulk power system is expected to have sufficient resources to meet summer electricity demand for 2017, according to the U.S. electric reliability organization NERC. The North American Electric...more

Is the wind of change blowing for energy investors in Poland?

by DLA Piper on

The Polish Ministry of Energy (ME) has been working on a set of changes to the Renewable Energy Sources Act and certain other acts including the Wind Energy Investments Act. The wording of the proposed changes is to be...more

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