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Energy Sector Department of Justice (DOJ)

Mintz - Energy & Sustainability Viewpoints

2024 Pre-Election Analysis: Energy and Sustainability

The last several weeks of unexpected and unprecedented political events have thrown even more confusion into the presidential election. While the outcome of a now Harris-versus-Trump race is maybe even more uncertain, we do...more

McDermott Will & Emery

Antitrust M&A Snapshot | Q2 2024

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UNITED STATES - - Agencies Revisiting Consummated Mergers - What’s old is new again, as agencies are increasingly scrutinizing consummated mergers from years past. In May 2024, the US Department of Justice (DOJ), Antitrust...more

Morgan Lewis

Energy Industry in the Government’s FCPA Crosshairs: Recent Enforcement and Policy Developments - Empowered

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The energy industry in general and the oil and gas industry in particular has been the target of at least 50 Foreign Corrupt Practices Act (FCPA) prosecutions over the years—more than any other industry. Most of the cases...more

Jenner & Block

Jenner & Block Japan Newsletter - May 2024

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Welcome to the May 2024 edition of the Jenner & Block Japan Newsletter, a publication containing updates about legal developments in the United States that may be noteworthy to our clients and other leaders in the Japanese...more

Thomas Fox - Compliance Evangelist

The Gunvor FCPA Enforcement Action: Part 2 – The Bribery Schemes

We continue our exploration of the resolution of the FCPA enforcement action involving the Swiss trading firm Gunvor S.A. The enforcement action came in with a $661 million penalty against the company, which has pleaded...more

Thomas Fox - Compliance Evangelist

The Gunvor FCPA Enforcement Action: Part 1-Introduction

In March 2024, the Department of Justice (DOJ) announced the resolution of a FCPA enforcement action involving the Swiss trading firm Gunvor S.A. The enforcement action comes in with a $661 million penalty against the...more

Foley Hoag LLP - Environmental Law

How Brown is Brown Enough? An Update on the IRA ITC Adder for Brownfield Sites

It is now almost 18 months since Congress enacted the Inflation Reduction Act. One of the IRA’s provisions was an adder to the ITC for renewable energy projects located in an “energy community”. One way to be in an energy...more

HaystackID

The Pulse of M&A Activity: January 2024 HSR Transactions and Economic Analysis

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Editor’s Note: The Hart Scott Rodino Act (HSR Act), a pivotal federal law, mandates companies to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before finalizing mergers or acquisitions...more

Vinson & Elkins LLP

2023 Chemicals & Energy Antitrust Report

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For companies in the energy and chemical sectors, the potential for antitrust scrutiny is an ever-present concern. The next round of enforcement inquiries is never further away than the next jump in commodity prices or the...more

A&O Shearman

Antitrust in focus - October 2023

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The Foreign Subsidies Regulation (FSR) establishes a new regime, enforced by the European Commission (EC), to regulate subsidies granted by non-EU countries to businesses active in the EU that could distort competition in EU...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Electricity Sector Emissions Impacts of the Inflation Reduction Act: U.S. Environmental Protection Agency Assessment of Projected...

The United States Environmental Protection Agency (“EPA”) announced on September 12th the issuance of a September 2023 report titled: Electricity Sector Emissions Impacts of the Inflation Reduction Act: Assessment of...more

Latham & Watkins LLP

Companies Face Increased Criminal Enforcement Risk From Aging Infrastructure-Related Disasters

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Utilities and energy companies can implement strategies to mitigate risks from more frequent environmental disasters and infrastructure failures. In the early morning of June 11, 2023, a tanker truck carrying gasoline up...more

Vinson & Elkins LLP

California Creates New Oil “Watchdog”

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The State of California has officially launched a new Division of Petroleum Market Oversight within the California Energy Commission, and appointed a seasoned antitrust prosecutor to lead it....more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Litigation Updates — December 2022

SEC Enforcement: In its yearly summary of enforcement activity, the SEC chose to highlight ESG-related issues as one of only a handful of subject matter areas that the SEC is focused on, indicating the significant priority...more

The Volkov Law Group

Goldman Sachs Official Indicted Over Ghana Bribery Scheme (Part I of II)

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Talk about a reminder of the past, Asante Berko, a former Executive Director in Goldman Sachs, recently was arrested in London on criminal FCPA charges arising from his involvement in a bribery scheme in Ghana....more

K&L Gates LLP

Heightened Scrutiny of Director Positions by FERC and DOJ

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The Federal Energy Regulatory Commission (FERC) and the Department of Justice (DOJ) recently issued orders and statements demonstrating concerns related to director positions and potentially interlocking directorates. These...more

K2 Integrity

Sanctions Against Russia: The Week in Review - April 2022 - 4

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The Week in Review delivers the impact and analysis for the public, private, and non-profit sectors from our regular reporting of the evolving global sanctions campaign against Russia. This week, we reviewed the recent...more

Foley Hoag LLP - Security, Privacy and the...

US Unseals Indictments of Four Russian Government Employees in Connection with Cyber Attacks on Energy Sector

The United States Department of Justice unsealed two indictments in March involving four Russian government employees who have been charged in connection with two separate hacking conspiracies targeting the global energy...more

Verrill

NextEra Subsidiary Fined $8 Million under MBTA for Eagle Deaths at Wind Power Projects in Western U.S.

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The U.S. Department of Justice announced that ESI Energy LLC (ESI), a wholly owned subsidiary of Nextera Energy Resources LLC, pleaded guilty to violating the Migratory Bird Treaty Act (MBTA) and acknowledged at least 150...more

McDermott Will & Emery

[Webinar] Keeping the Lights On: Cyber Threat, Vulnerability, and Oversight Considerations for the Energy Sector - April 7th,...

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What cyber threats are unique to the energy sector? Our Energy Transition Webinar Series continues on April 7 when McDermott Partners Scott Ferber and Carl J. Fleming host two principals in cybersecurity and privacy at PwC,...more

Vinson & Elkins LLP

2021 Energy and Chemicals Antitrust Report

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Antitrust activity increased significantly in 2021. This past year brought numerous changes in merger and non-merger enforcement policies and priorities that signal increased scrutiny in industry transactions. The “Biden...more

Womble Bond Dickinson

Biden Administration Prioritizes Corporate Criminal Enforcement

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Takeaways: ..In recent remarks, top DOJ officials stated that DOJ will “surge resources” and “redouble efforts” for corporate enforcement. ..Areas of particular concern include Foreign Corrupt Practices Act,...more

McDermott Will & Emery

Key Takeaways | The Latest Merger Control Developments under the Biden Administration

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The Biden administration has placed an emphasis on antitrust enforcement that will create meaningful implications for future transactions, as well as those already consummated. In this webinar, hosted by McDermott Will &...more

McDermott Will & Emery

[Webinar] The Future of the Energy Transition: The Latest Merger Control Developments under the Biden Administration - October...

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As part of our Energy Transition webinar series, McDermott partner Kevin Brophy will moderate a discussion on October 13 between partner Lesli Esposito and associate Matt Evola on new merger control developments made under...more

McDermott Will & Emery

Expect More Criminal Enforcement & What You Can Do To Minimize Your Risk

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Antitrust cartel and related collusive scheme enforcement is poised to increase. Several factors support this: (1) the Antitrust Division (the Division) has a 10% budget increase for Fiscal Year (FY) 2021; (2) proposed...more

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