Uncertainty Surrounds Illinois’s Nationally-Watched Collaborative Legislation On Fracking
Local Governments Continue to Fight States for Right to Govern Fracking
If the UK Government meets the implementation deadline of 28 June 2013, then the United Kingdom will be one of the first EU Member States to implement the EU regulation on wholesale market integrity and transparency (REMIT). ...more
Last week, Norse Energy filed its Notice of Appeal to the New York State Court of Appeals. ...more
The regular session of the 2013 Texas Legislature is over and now it’s time to assess the damage. ...more
On June 12, 2013, Canadian Prime Minister Stephen Harper announced the introduction of a new transparency initiative in Canada that will require Canadian companies in the extractive industries, including mining, oil and gas,...more
The Louisiana legislature adjourned on June 6, 2013 without reaching an agreement on reducing the natural resources severance tax. ...more
Introduction – Upstream Players -- In February 2013, after devaluating the official exchange rate of the Venezuelan Bolivar from VEB 4.3 to 6.3 per USD, the Venezuelan government set up the Complementary System of...more
Over the past week, the Alberta government has released several new regulations under the Responsible Energy Development Act (REDA) and has proclaimed that the majority of the REDA’s provisions will come into force on June...more
On May 29, the DOJ and the SEC announced that a French oil and gas company will pay nearly $400 million to resolve allegations that the company made illegal payments through third parties to an Iranian official in exchange...more
Kazakhstan has been the most economically prosperous of the former Soviet Republics. Along with economic growth, however, has been significant corruption....more
On May 17, 2013, the Department of Energy ("DOE") ended its nearly two-year long hiatus from authorizing projects for the export of liquefied natural gas ("LNG") when it granted a conditional authorization of the Freeport LNG...more
Last week we discussed the decision of the Alberta Court of Queen’s Bench in Kasten Energy Inc. v. Shamrock Oil & Gas Ltd., 2013 ABQB 63 and, in particular, the Court’s concise summary of the applicable test for the...more
On Thursday, May 31, 2013, the Illinois House approved the Illinois Hydraulic Fracturing Regulatory Act to regulate high-volume horizontal hydraulic fracturing and impose a tax on oil and gas produced from wells permitted...more
Landfill gas, or LFG, to energy projects provide tangible public benefits by reducing greenhouse gas emissions, improving air quality and generating local jobs. Municipalities are finding that landfill gas to energy projects...more
An intermediate appellate court in New York recently affirmed that a local government has the authority to enact zoning ordinances banning all oil and natural gas activities within municipal limits. In 2011, the Town of...more
The Tennessee Department of Environment and Conservation's (TEDC) proposed rules regarding fracturing practices for oil and gas wells have received approval by the Joint Government Operation Committee in the Tennessee General...more
In This Issue: - Finally -- Rules Governing W.Va. Horizontal Well Development - N.Y. Appellate Court: Municipalities Can Ban O&G Activity - Fracking Nearly Doubles Ohio Oil & Natural Gas Output - Excerpt...more
On May 16, 2013, the U.S. Department of the Interior’s Bureau of Land Management (“BLM”) issued a revised proposed rule regarding hydraulic fracturing on federal and Indian lands for oil and gas production....more
On May 22, 2013, the Tennessee General Assembly’s joint committee on government operations approved Tennessee’s first rules regulating the use of hydraulic fracturing to extract oil and natural gas from wells....more
The short answer is no, according to the American Petroleum Institute. The API compared oil and gas to other industries in terms of profit margin and effective tax rate. ...more
A Louisiana lessee does not owe its lessor royalties based on hedging profits, said a federal district court in Cimarex Energy Co. v. Chastant. ...more
On Thursday, May 16, the Bureau of Land Management (BLM) issued its lasted proposed fracking regulations. The proposed regulations would require wider disclosure of fracking chemicals. The regulations also require water...more
Introduction - The global demand for natural resources continues unabated. As revenues increase and profits soar in the face of this demand, there has been a resurgence of “resource nationalism” with resource-rich host states...more
Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission’s May 16, 2013 meeting, pursuant to the agenda as issued on May 9, 2013. Agenda items E-3, E-13, E-17 have not been summarized as they...more
On Wednesday, May 8, 2013, the Colorado legislative session came to a close without any significant oil and gas legislation being passed by the state legislature. The session was watched closely by the oil and gas...more
The Mayor of Philadelphia recently announced the hiring of two investment bankers to start the solicitation process for selling the city’s gas division. As a unique feature of this transaction, the gas division is regulated...more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo
