Key commercial aspects - 1 Describe, in general terms, the key commercial aspects of the oil sector in your country. The US oil industry is divided into three sectors: • upstream (exploration and production); •...more
House Ways and Means Committee markup of H.R.1, the “Tax Cuts and Jobs Act.” Date: Monday, Nov. 6, Noon - Place: 1100 Longworth Bldg....more
On October 25, 2017, the U.S. Department of the Interior (DOI) released a report entitled “Review of the Department of the Interior Actions that Potentially Burden Domestic Energy” identifying agency actions that potentially...more
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
Environmental and Policy Focus - BP to pay $14 million in settlement over gas storage tanks - San Jose Mercury News - Nov 17 - The BP oil company has agreed to pay $14 million to settle California...more
There has been recent action in Congress on issues important to the oil and gas industry. This post provides an overview of the major energy-related bills in Congress. H.R. 538, the Native American Energy Act – On...more
The next wave of legislative developments with respect to offshore hydrocarbon production has just reached Russia. Starting with a recent introduction of legislation elaborating on requirements for financial security of...more
The development of the Russian shelf is essentially reserved to state-owned Rosneft and Gazprom (and their affiliates). Under Russian law, oil and gas deposits located on or extending into the continental shelf of the Russian...more