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Ukraine War contributes to substantial increase in U.S. LNG exports to Europe. Washington—Annual marketed production of natural gas increased in the United States to a record high in 2022...more
Explore the challenges and opportunities in the LNG sector across Latin America and the Caribbean. Despite substantial gas reserves, the region is a net importer, with issues such as declining production, challenging...more
The WEC Rule would impose fees for oil and gas facilities reporting a certain amount of greenhouse gas emissions per year. On January 26, 2024, the US Environmental Protection Agency (EPA) published in the Federal...more
Christy Clark worked tirelessly to create a new industry in LNG during her six-and-a-half years as Premier of British Columbia. She led the negotiations with industry, investors, Indigenous communities and the federal...more
On November 17, 2022, FERC approved an application authorizing Commonwealth LNG, LLC (“Commonwealth”) to site, construct, and operate a liquified natural gas (“LNG”) export terminal in Cameron Parish, Louisiana. The LNG...more
Gas Gap in Europe Drives U.S. LNG Exports to Record High - "About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021." Why this is important: The onset of a challenging...more
The US Department of Energy (DOE or Department) finalized a rulemaking proceeding last week that revises its National Environmental Policy Act (NEPA) implementing procedures pertaining to certain authorizations under the...more
In response to its updated analyses of the impacts of natural gas exports on the US economy and the environment, and competitive forces in the global market for LNG, DOE takes steps to offer term extensions to existing and...more
On 12/5/19 the California Environmental Justice Alliance, Sierra Club, Defenders of Wildlife and the Public Advocates Office submitted an application for rehearing and clarification of D.19-02-007. The parties allege that the...more
Cancelled Teck Oil Sands Project Underscores Global Climate-Energy Policy Tension - "The Frontier project became the latest casualty in oil-producing countries with robust environmental movements agitating to cut...more
Energy-Related CO2 Emissions ‘Flatlined’ Last Year, IEA Says, Raising Hopes About Climate - "Global emissions remained at approximately 33 gigatonnes in 2019 despite the world economy growing by 2.9%, the IEA said." ...more
Find out why low natural gas prices are likely to persist through 2020. We are through what is typically the coldest part of winter, yet find ourselves with Henry Hub natural gas prices below $1.90/MMBtu. What's going on? ...more
Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more
Court Ruling Vindicates ExxonMobil in New York ‘Climate Change’ Fraud Case - “'The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or...more
Last month over 35,000 participants attended the Gastech 2019 Conference, the world’s largest gas and LNG conference, in Houston, Texas. Members of Akin Gump Strauss Hauer & Feld LLP’s global energy and transactions team...more
Crisis in Middle East Should Remind Us of the Importance of Fracking - "Oil prices are likely to spike in the short-term aftermath of the attack on Saudi Arabia, but, as Clifford Krauss and Stanley Reed of The New York...more
Iraq Would Face 'Wrath of U.S.' if Oil Pipeline Projects with Iran Go Ahead - "Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy...more
Oil Drops More Than 3% After State Secretary Pompeo Says Iran Is Ready To Negotiate About Its Missile Program - "Oil prices turned lower on Tuesday, falling by about $2 a barrel as U.S. President Donald Trump said progress...more
Trump Admin Submits Final Rule to Kill Obama Clean Power Plan - "The new replacement rule to the Clean Power Plan, deemed the Affordable Clean Energy rule, aims to give states more time and authority to decide how to...more
Environmental Groups Accuse Multiple Mining Sites of Violating Federal Regulations - "Allegations of 'egregious' violations of the federal Clean Water Act and the Surface Mining Control and Reclamation Act could be...more
New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more
Judge Delivers Major Setback to Trump Policy to Increase Coal Mining on Federal Land - "But the court ruling does say that the 2017 Trump administration policy, enacted by former Interior Secretary Ryan Zinke, to overturn...more
Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more
The U.S. oil and gas industry has witnessed significant transformations over the last year, and 2019 should see even more transformative changes....more
On Dec. 28, 2018, the Office of Fossil Energy of the Department of Energy (DOE) filed a notice in the Federal Register indicating its response to the 19 public comments received on its study entitled Macroeconomic Outcomes of...more