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Energy Sector Reporting Requirements

Holland & Knight LLP

IRS Releases Long-Awaited Section 45Q LCA Procedures

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The IRS on July 24, 2024, released Notice 2024-60, which provides Section 45Q guidance for utilization of carbon dioxide and other carbon oxides. The Notice addresses the information that must be included in the required life...more

Eversheds Sutherland (US) LLP

Global ESG Insights - May 2024

Welcome to the latest edition of our monthly ESG Insights providing you with a summary of the key developments from around the world. Global - IFRS Foundation releases jurisdictional adoption guide for ISSB Standards- On...more

Holland & Knight LLP

Agencia Nacional de Colombia refuerza medidas para control a producción de mineral

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La Agencia Nacional de Minería (ANM) de Colombia emitió la Resolución No. 371 el 6 de junio de 2024, en la cual se establecen las condiciones y la periodicidad para el reporte de información por parte de los titulares mineros...more

K&L Gates LLP

European Union Adopts Legislation to Tackle Methane Emissions

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The Council of the European Union adopted a regulation on the reduction of methane emissions in the energy sector (Regulation). Methane is the second-biggest cause of climate change after carbon dioxide, and in the short term...more

Akin Gump Strauss Hauer & Feld LLP

The Road Ahead for Private Equity: Reflections and Predictions

The year 2023 will be remembered as a challenging one for private equity (PE), with complexities to navigate on many fronts. Traditional debt financing was expensive and scarce, expectations on valuations were tricky to...more

Vinson & Elkins LLP

[CLE Hybrid Event] Making Sense of Methane for the Oil and Gas Sector: EPA’s New Methane Tax, Operating Regulations, and GHG...

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The Environmental Protection Agency (EPA) has released proposed and final rules that will regulate methane emissions from oil and gas operations, implement a methane emissions tax, and change greenhouse gas reporting...more

Perkins Coie

COP28: Takeaways for Businesses and Investors

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The 28th United Nations (U.N.) Climate Change Conference of the Parties (COP28) wrapped up in Dubai in mid-December 2023. This Article summarizes key takeaways and describes the potential implications for businesses and...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Further Strengthens Restrictive Measures Against Russia in 12th Package of Sanctions

On 18 December 2023, the European Union adopted a 12th package of sanctions against Russia. The sanctions impose an asset freeze on more than 140 individuals and entities pursuant to Council Regulation (EU) 269/2014...more

ArentFox Schiff

Meeting New Challenges: Environmental, Energy, and ESG Issues to Watch in 2024

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The regulated community faces a complex and evolving landscape. As we head into 2024, our team of energy, environmental, and environmental, social, and governance (ESG) attorneys provide insights and guidance on how to...more

K&L Gates LLP

November 2023 ESG Policy Update – Australia

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Australian Update - Draft Reporting Standards for Australian Climate-Related Disclosures - As previously reported by K&L Gates, the Australian Accounting Standards Board released its exposure draft of the Australian...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - November 2023

Welcome to the November edition of Akin Intelligence. Looking back, October 2023 may be remembered as the month when the U.S. government tried to assume the mantle of global leadership on responsible artificial intelligence...more

Morgan Lewis - Power & Pipes

CFTC 2023 Enforcement Report Shows Uptick in Enforcement Actions

The Commodity Futures Trading Commission (CFTC or Commission) released its enforcement results for fiscal year 2023 on November 7, 2023. The CFTC’s Division of Enforcement filed 96 enforcement actions in 2023 charging a range...more

McGuireWoods LLP

FERC Proposes Overhauling Electronic Quarterly Report Filing Process and Data Submission

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On Oct. 19, 2023, the Federal Energy Regulatory Commission (FERC) issued a Notice of Proposed Rulemaking (NOPR) in Docket No. RM23-9-000 to modify filing processes for Electronic Quarterly Reports (EQRs) and revise and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 7, Issue 10, October 2023

Chevron Doctrine - The Chevron Doctrine -- what is often referred to as “Chevron deference” – is based on the precedent set by the Supreme Court about four decades ago, which some argue has overly empowered the...more

White & Case LLP

California Bills to Require Greenhouse Gas Emissions Reporting From Companies Doing Business in the State

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The California State Senate and State Assembly recently approved two bills, Senate Bill 253 and Senate Bill 261, that could require thousands of companies doing business in California to disclose greenhouse gas ("GHG")...more

Adams and Reese LLP

U.S. Department of the Interior Publishes Final Well Control Rule to Help Prevent Offshore Catastrophic Blowouts

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The United States Department of the Interior published the final well control rule on Aug. 22 from the Bureau of Safety and Environmental Enforcement (BSEE). The rule clarifies blowout preventer (BOP) system regulations and...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

Holland & Knight LLP

FERC Requires Transmission Providers to File Extreme Weather Assessments

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The Federal Energy Regulatory Commission (FERC or Commission) on June 15, 2023, finalized a rule requiring interstate electric transmission providers to file one-time informational reports assessing the susceptibility of...more

Skadden, Arps, Slate, Meagher & Flom LLP

FERC Would Have Wide Discretion Under an Expanded Duty of Candor

The Federal Energy Regulatory Commission (FERC or the Commission) is exploring whether to impose a new far-reaching duty of candor requirement. The proposed rule would prohibit the submission of inaccurate information to FERC...more

Holland & Knight LLP

ANH informa sobre presentación de informes ejecutivos semestrales en Colombia

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La Agencia Nacional de Hidrocarburos (ANH) de Colombia, el 27 de octubre de 2022, expidió la Circular 31 por la cual se informa sobre la presentación informes ejecutivos semestrales (IES) 2022-1. La circular estableció...more

Miles & Stockbridge P.C.

Montgomery County Expands Scope of Energy Benchmarking Performance Reporting Requirement, Imposes New Information Disclosure...

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Under recent amendments to Montgomery County’s Energy Benchmarking and Performance Standards Law, residential and non-residential buildings in the County - including buildings in Rockville and Gaithersburg - that are 25,000...more

Vinson & Elkins LLP

[Webinar] Hot ‘S’ocial Issues for ESG-Focused Energy Companies - September 20th, 12:00 pm - 1:00 pm CT

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Vinson & Elkins ESG lawyers will discuss social and human rights issues that impact energy companies both in the U.S. and abroad, including supply chain diligence, disclosure and reporting obligations, DEI in the workforce...more

Troutman Pepper

FERC Proposes Changes to Filing and Reporting Requirements for NGA Section 4 Rate Cases

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On May 19, 2022, FERC issued a Notice of Proposed Rulemaking (NOPR) to establish a rule that would require natural gas pipelines to submit all supporting statements, schedules, and workpapers in native format, with all links...more

Steptoe & Johnson PLLC

FERC Updates Voluntary Gas Price Reporting Policy

On April 21, 2022, the Federal Energy Regulatory Committee (FERC) revised its guidelines pertaining to the voluntary reporting of natural gas transaction prices by market participants to price index developers (e.g., NGI,...more

White & Case LLP

New requirements for obtaining a Power Generation Permit

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On March 30, 2022, the Energy Regulatory Commission ("CRE") published in the Federal Official Gazette the "General Provisions that establish the terms for submitting information regarding corporate purpose, legal, technical...more

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