News & Analysis as of

Oil & Gas Auction

Holland & Knight LLP

Interior Department Holds Largest Offshore Oil and Gas Lease Sale in Years

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After months of delay, the U.S. Department of the Interior auctioned off 1.7 million acres for offshore oil and gas leases during Lease Sale 261 on Dec. 20, 2023. (See Holland & Knight's previous alert, "Interior Department...more

Holland & Knight LLP

CREG Colombia aplaza subasta de asignación de Obligaciones de Energía Firme

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La Comisión de Regulación de Energía y Gas (CREG) de Colombia, mediante la Resolución No. 101 021 del 24 de agosto de 2023, anunció una nueva ampliación de los plazos para el proceso de subasta de asignación de Obligaciones...more

Sheppard Mullin Richter & Hampton LLP

Gulf of Mexico Offshore Auction Falls Short of Expectations

On August 29th, the Bureau of Ocean Energy Management (BOEM) held the first auction for offshore wind areas in the Gulf of Mexico. Sheppard Mullin’s preview of the auction can be accessed here...more

Mayer Brown

Mexico – Senate Approves Amendment of Mexico’s Electricity Industry Law

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Following the House of Representatives discussion and approval of the draft Amendment of the Electricity Industry Law proposed by President Andrés Manuel López Obrador on February 1, 2021 (the “Amendment”), on March 03, 2021,...more

Holland & Knight LLP

Conozca los detalles de la Ronda Campos 2020 de Ecopetrol en Colombia

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Ecopetrol S.A. ha anunciado la Ronda de Campos 2020, para adjudicar ciertos activos petroleros. Son nueve los activos que Ecopetrol pretende subastar para ser posteriormente cedidos a través de un contrato de cesión, los...more

Opportune LLP

What Does Record BLM Oil & Gas Lease Auction Mean For Valuation?

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On September 7, 2018 the Bureau of Land Management’s (BLM) third-quarter oil and gas lease sale in New Mexico broke all previous records for BLM lease sales across the country, generating $972.48 million in bonus bids for 142...more

Holland & Knight LLP

Pemex Anuncia la Primera Subasta de la Temporada Abierta 2018 para Terminales y Ductos

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Pemex Logística, la subsidiaria de Petróleos Mexicanos que administra la red de terminales y ductos de la empresa del Estado, planea realizar 11 subastas para reservar capacidad de transporte y almacenamiento en 60 terminales...more

Holland & Knight LLP

First 2018 Open Season Auction Announced for Pemex Terminals and Pipelines

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Pemex Logística, the Petróleos Mexicanos subsidiary that manages the network of terminals and pipelines of the state company, plans to hold 11 auctions to reserve transportation and storage capacity in 60 terminals and 27...more

Akin Gump Strauss Hauer & Feld LLP

Mexico's Energy Industry Round 2 Farmouts: PEMEX finds new partners

• Mexico’s second farmout bid round to find partners for PEMEX oil and gas development yielded mixed results, with 2 onshore licenses awarded and 1 shallow water PSC vacated with no bids • Egyptian company Cheiron...more

Akin Gump Strauss Hauer & Feld LLP

Mexico’s Energy Industry: Mexico Tender Round 2.1: Shallow Water Oil Sells Big

On June 19, 2017, the Comisión Nacional de Hidrocarburos (CNH) completed the Presentation and Opening of Bid Proposals for the First Tender of the Ronda Dos (“Round 2.1”), which was first announced on July 20, 2016. Round 2.1...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Mexican Energy Sector Restructuring: New Opportunities for Renewables"

The ongoing effort to restructure the power sector in Mexico, together with Mexico’s strong policy on combating climate change, have created compelling opportunities for investors in renewable energy projects that likely will...more

Seyfarth Shaw LLP

Energy Insights: An Update from the Third Quarter of 2015

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In this edition of Seyfarth Shaw’s Energy Insights Newsletter our Energy and Clean Technologies team covers important developments in Q3 2015 for the energy industry including 1) the latest initiatives from the Environmental...more

Seyfarth Shaw LLP

Energy Insights: An Update from the Third Quarter of 2015

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In this edition of Seyfarth Shaw’s Energy Insights Newsletter our Energy and Clean Technologies team covers important developments in Q3 2015 for the energy industry including 1) the latest initiatives from the Environmental...more

Akin Gump Strauss Hauer & Feld LLP

FERC Approves Settlement for Pipeline Failure to Publicly Post Auction Notices

On July 30, 2015, two weeks after the Office of Enforcement (OE) of the Federal Energy Regulatory Commission (FERC) issued a staff notice of alleged violations (“Notice”) to Columbia Gas Transmission LLC (“Columbia Gas”) for...more

Troutman Pepper

Bankruptcy Sales: “It Ain’t Over ’Til It’s Over”

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Great Plains Royalty Corp. v. Earl Schwartz Co. (In re Great Plains Royalty Corp.), 520 B.R. 292 (Bankr. D. N.D. 2014) – Two companies that acquired assets in a bankruptcy auction moved to reopen the case to clarify...more

Beveridge & Diamond PC

BLM to Overhaul Solar/Wind Rights-of-Way Regulations

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Last week, the Bureau of Land Management (BLM) published a proposed rule that could alter the landscape of future renewable energy development, particularly in the American West, home to much of the country’s prime solar and...more

Allen Matkins

California Environmental Law and Policy Update - May 9, 2013

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Environmental and Policy Focus - Gov. Brown joins move to rewrite California's Prop. 65 - The Sacramento Bee - May 7: Gov. Jerry Brown is throwing his weight behind a push to update Proposition 65, California's defense...more

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