News & Analysis as of

Exxon Mobil Oil & Gas

ICSID Committee Annuls Nearly 90% of Award Against Venezuela

An International Centre for Settlement of Investment Disputes (ICSID) Committee has annulled nearly 90% of the US$1.6 billion Award which had been won by ExxonMobil affiliates in their ICSID arbitration against Venezuela...more

Texas Supreme Court Tosses Untimely Damages Claims, Leaves Open Possibility of Injunctive Relief

by Beveridge & Diamond PC on

Highlighting the importance of proving a factual timeline in a statute of limitations analysis, the Texas Supreme Court held that a cattle ranch owners’ claims related to alleged contamination from long-dormant oil and gas...more

Something Borrowed, Something New: An Update on Recent Treasury and State Department Actions: Iran, Russia, Syria and the...

by Hogan Lovells on

While much attention has been focused on the Trump Administration's recent actions targeting imports of metals, lumber, and other commodities, the Administration has also steadily ramped up its activities in the trade...more

Exxon Case Against AGs Transferred to New York: Judge Kinkeade Fires a Parting Shot

On Wednesday, Judge Ed Kinkeade ordered that Exxon Mobil’s suit against NY Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey be transferred to the Southern District of New York.  The AGs must...more

Texas Supreme Court Reverses Two Court of Appeals Decisions Involving Environmental Issues

On February 24, the Texas Supreme Court released several decisions, including two rulings involving aspects of environmental law. The cases are ExxonMobil Corporation v. Lazy R Ranch, et al., and ExxonMobil Pipeline Company,...more

Texas Supreme Court Confirms Broad Scope of Anti-SLAPP Law

by Gray Reed & McGraw on

Back in late 2015, I wrote a five-part series on the Expanding Scope of the TCPA or Texas’ Anti-SLAPP law. The Supreme Court of Texas confirmed our analysis last week with its decision in the ExxonMobil v. Coleman confirming...more

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - February 2017

by Downs Rachlin Martin PLLC on

The Agency of Transportation has submitted a proposal to the House Transportation Committee that would allow the agency to seek damages from a utility that fails to move or adjust a utility line that is in a state or local...more

Energy in Transition: Trump Announces Additional Cabinet Nominees

by Holland & Knight LLP on

President-Elect Donald Trump announced this week three new cabinet nominees who will certainly influence U.S. energy policy at home and abroad. This alert is intended to update clients on the President-Elect's nominees and...more

Ownership of rigs at risk in PNG

by Dentons on

Papua New Guinea is one of the bright spots on the horizon for the oilfield services industry but a recent change in the law has reversed long-standing principles of ownership rights to leased oilfield equipment....more

InterOil and heightened judicial scrutiny of plans of arrangement

by Dentons on

A recent decision of the Yukon Court of Appeal (comprised of justices of the British Columbia Court of Appeal) has confirmed the importance for boards of directors to ensure not only that a proposed plan of arrangement is...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The latest on the AT&T/Time Warner deal, including its place in the “ambitious climb” of AT&T’s CEO, Randall Stephenson [NYTimes] and a conversation with one of the deal’s vocal political opponents, Sen. Al Franken....more

Business Litigation Alert: "SEC Launches Investigation Into Exxon's Accounting and Climate Change Practices"

by Porter Hedges LLP on

In the face of dropping oil prices, the SEC has launched an investigation into how Exxon Mobil Corp. has valued its assets. While the value of competitors' assets have dropped dramatically since oil prices have plunged,...more

Texas Supreme Court Agrees to Review Three Oil and Gas Cases in 2016

by Liskow & Lewis on

On September 2, 2016, the Texas Supreme Court agreed to review three oil and gas cases involving issues pertinent to the industry and land and mineral owners. 1. BP America Production Company v. Red Deer Resources,...more

Your daily dose of financial news - The Brief – 9.16.16

by Robins Kaplan LLP on

The DOJ has reportedly proposed an eye-popping $14 billion settlement with Deutsche Bank to resolve MBS-related probes, though insiders caution that this is likely an outsized opening bid and that the ultimate settlement will...more

Fifth Circuit Declines to Stay of Compliance Order Flowing from Spill But Directs Expedited Briefing Schedule

On August 11, the U.S. Court of Appeals for the Fifth Circuit issued an opinion rejecting the ExxonMobil Pipeline Company’s request for a stay pending appeal of a Compliance Order issued by the Pipeline and Hazardous...more

Title Suit Booted for Failure to Join Parties

by Gray Reed & McGraw on

Longoria v. ExxonMobil is like throwing a big party but failing to invite all the right guests. The Longorias – 59 of them – sued producer-defendants over ownership of 9,200 acres in Brooks County, Texas, acquired in the...more

Exxon Sues Massachusetts AG to Block Civil Investigative Demand

On June 15, 2016, Exxon sued Massachusetts AG Maura Healey in federal court in Texas, seeking to bar the enforcement of AG Healey’s April 19, 2016 civil investigative demand, issued pursuant to M.G.L. c. 93A, the...more

California Environmental Law & Policy Update - April 2016 #2

by Allen Matkins on

Environmental and Policy Focus - Federal and state officials sign Klamath River dam removal deal - San Jose Mercury News - Apr 7 - The governors of California and Oregon and several other state, federal, power,...more

Changing Culture: the Exxon Valdez in Safety and 1MDB in Compliance

by Thomas Fox on

Before there was the BP oil well blow out in the gulf, the greatest US environmental disaster was the Exxon Valdez, which ran aground on a reef in Prince William Sound in southern Alaska, some 27 years ago on this date....more

Is the ExxonMobil Research Investigation the Next Keystone Pipeline?

When issues become symbolic in a public policy debate, they take unexpected and unpredictable paths. This was true of the Keystone Pipeline debate and the same will be true for the latest controversy over ExxonMobil’s climate...more

Texas Railroad Commission Finds Earthquakes in North Texas Not Caused by Drilling Operations

by Baker Donelson on

Update: On September 10, the Texas Railroad Commission concluded that these small earthquakes that occurred near Azle, Texas likely were not caused by drilling operations conducted by EnerVest Operating LLC. The Texas...more

Trade Secrets Protected From Disclosure Under FOIA…Except For When They Aren’t

We have previously reported about protecting trade secrets from disclosure after a FOIA request. There is something to be said for immediate action and intervening to protect your trade secrets, but sometimes that just isn’t...more

California Environmental Law & Policy Update - June 2015 #4

by Allen Matkins on

Environmental and Policy Focus - Most water rights holders facing cuts miss state compliance deadline: Los Angeles Times - Jun 22: The majority of California growers, irrigation districts, and others who have been...more

Running on Empty: Defective Gas Class Sputters in Louisiana District Court

by Carlton Fields on

The Middle District of Louisiana denied certification of a putative class bringing claims for redhibition and unjust enrichment against Exxon Mobil Corporation (“Exxon”). Plaintiffs allegedly purchased gasoline refined at...more

California Environmental Law & Policy Update - February 2015 #4

by Allen Matkins on

Environmental and Policy Focus - President Obama vetoes Keystone XL pipeline, leaving it in limbo: Reuters - Feb 24: President Barack Obama on Tuesday, as promised, swiftly vetoed a Republican bill approving the...more

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