Hydrocarbons

EPA Draft Vapor Intrusion Guidance Is Now Subject To Public Comment

The Environmental Protection Agency (EPA) has released and is seeking comments on draft general guidance on methods of addressing indoor vapor intrusion (VI) from contaminated soil and groundwater plumes (Draft VI Guidance)...more

Cyprus concludes second hydrocarbon licencing round

In late 2011, Noble Energy International Ltd (“Noble”) announced the discovery of an average of 7 trillion cubic feet of natural gas in Block 12 of the Republic of Cyprus’ (“Cyprus”) Exclusive Economic Zone (“EEZ”), which...more

REGULATORY - Competition Law/Russia: Russia Gives Go-Ahead to Rosneft’s Acquisition of TNK-BP

The Russian Federal Antimonopoly Service (“FAS”) has cleared Rosneft’s US$ 55 billion acquisition of TNK-BP, subject to divestments and conduct remedies. The deal will reduce the number of major oil companies in Russia from...more

Mexico's Upcoming Energy Reform: Opportunities, Limitations, and Challenges

Mexico's hydrocarbons sector will not be overhauled under Mexico's new President Enrique Peña Nieto to the point of the State losing ownership and control of the resource, but reforms that offer new business opportunities are...more