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Energy Newsletter - April 2014

In This Issue: - UK Shale Exploitation: Securing Subsurface Access Rights - Taking the Road Best Travelled? CFE seeks electric-gas "convergence" - Pemex Requests Mexico E&P Areas from SENER -...more

House Energy & Power Subcommittee Review of Bill to Expedite LNG Export Approval

Last week, the House Energy & Commerce Committee’s Subcommittee on Energy and Power reviewed H.R. 6, the Domestic Prosperity and Global Freedom Act, which was introduced by Rep. Cory Gardner (R-CO) to expedite liquefied...more

Obama Administration Targets Oil & Gas Industry in Methane Reduction Strategy

On March 28, the Obama Administration unveiled a new Strategy to Reduce Methane Emissions, as part of the President’s overall Climate Action Plan. Methane is the second largest source of greenhouse gases, after carbon...more

Project Perspectives - Winter 2014 Edition

In this edition: - Oil and Gas Industry Discussion - The False Claims Act: The Government’s Sword in Cash Grant Audits - Is a 50 Percent Renewables Portfolio Standard in California’s Future? -...more

Westminster and Scotland Debate the Future of the UK North Sea Ahead of the Scottish Independence Referendum in September

A referendum on independence will be held in Scotland on 18 September 2014 when Scottish voters will be asked, "Should Scotland be an independent country?" Alex Salmond, Scotland's First Minister and leader of the Scottish...more

Oil & Gas Summary Of Final Senate Bill 373

Spilman Thomas & Battle, PLLC was very active during the West Virginia Legislative session on behalf of the natural gas industry regarding interest in the above referenced bill that was introduced in reaction to a chemical...more

What Is A Bird Worth To A Regulator?

What is a wild bird worth? Does it matter whether it is a Bald or Golden Eagle, of which here are few, or ducks and pelicans, of which there are enough (as least the ducks) so that hunters may shoot them for dinner. Does it...more

Seller’s Invocation of Force Majeure Under NAESB Contract Rejected by NJ Appellate Division

In a case of first impression that interpreted the force majeure provisions of an industry contract form promulgated by the North American Energy Standards Board (NAESB), Cozen O’Connor prevailed on behalf of plaintiff when,...more

Summary of Chairman Camp’s Oil and Gas Tax Proposals

On February 26, 2014, House Ways and Means Committee Chairman Dave Camp released a discussion draft of the “Tax Reform Act of 2014.” The draft bill proposes a host of significant revisions to the Internal Revenue Code,...more

Energy & Clean Technology Connections: Your Law Firm Link to Industry News -- February 2014

In the February edition of Energy & Clean Technology Connections, we bring you recent industry highlights, the latest news from Capitol Hill, and a list of upcoming energy industry events. For links to industry grant...more

Energy Information Administration February 2014 Short-Term Energy Outlook Analyzes Uncertainties in Global Oil & Other Liquids...

On February 11, 2014, the Energy Information Administration issued its February 2014 Short-Term Energy Outlook, including a Special Analysis Supplement titled “Uncertainties in the Short-Term Global Petroleum and Other...more

EPA May Rely — In Part — on Projects Funded Under the Energy Policy Act to Justify the Greenhouse Gas NSPS. That’s Its Story and...

As those following EPA’s efforts to promulgate NSPS for greenhouse gas emissions from new fossil fuel-fired electric generating plants know, EPA has come under fire for basing its proposal on demonstrations of feasibility at...more

An Unprecedented Change in Mexican Energy Politics

In an unprecedented change in Mexican energy politics, the government has amended its Political Constitution to allow the participation of private capital in its upstream, midstream and downstream oil and gas businesses. The...more

Energy Newsletter - February 2014

In This Issue: - Prospects for Development of an Asian LNG Trading Hub: Given the scale of LNG imports into Asia and in light of the efforts of different Asian countries in developing their own LNG trading...more

Capital Thinking: Energy

HOUSE ENERGY COMMITTEE APPROVES BILL TO LIMIT EPA GHG REGULATORY AUTHORITY - On Tuesday, January 28, the House Energy and Commerce Committee voted to favorably report H.R. 3826, the “Electricity Security and...more

Previewing energy issues in Obama's 2014 State of the Union

President Obama will deliver his 2014 State of the Union address on January 28, at 9 PM (Eastern). His audience -- Congress, as well as millions of people in the United States and elsewhere -- will listen closely for...more

Capital Markets Report -- 2014

In This Issue: Introduction; Chapter 1 - The Maturing Market for Shareholder Activism in Canada; Chapter 2 - The Year the Music Stopped – The Precipitous Decline in SOE Investment in Canada’s Oil and Gas Sector in...more

Energy Newsletter - January 2014

In This Issue: - Argentina: A Step-by-Step Walk on the Road toward the Shale Miracle? Although with caution, investors are responding to shale oil and gas projects in the "Vaca Muerta" play located in the...more

EPA Publishes Proposed Greenhouse Gas Standards for New Power Plants

The U.S. Environmental Protection Agency published its proposed standards of performance for greenhouse gases emitted from new electric utility steam generating units and stationary combustion turbines on January 8, 2014,...more

DOGGR Interim Regulations Provide Operators Some Guidance on SB 4 Compliance

California’s Department of Conservation, Division of Oil, Gas and Geothermal Resources (“DOGGR”) is moving full-steam ahead in its implementation of SB 4 with its most recent circulation of the SB 4 Interim Well Stimulation...more

Brazil's Roadmap to Energy Dominance and Climate Probity

Brazil is currently maintaining one of the least carbon-intensive economies in the world supported by a range of climate change regulations. Yet, as this month’s International Energy Agency (IEA) World Energy Outlook Report...more

The World Energy Outlook Report 2013: A Review of the Recalibration of Global Energy Demand Over the Next 20 Years

The International Energy Agency (IEA) World Energy Outlook Report 2013 (the “Report”), which was published last week, projects that global energy demand is likely to increase by one third by 2035 with low carbon energy...more

Texas Environmental Update - December 4, 2013

We are pleased to provide you with this issue of Bracewell's Texas Environmental Update, offering the latest news about permitting, enforcement, regulatory developments, and other matters of interest to the regulated...more

Severance Tax Debate Continues

Through the summer and leading up to the adoption of Ohio’s biennial budget, changes to Ohio’s severance tax were discussed in the General Assembly and in the media. Severance tax provisions were cut from discussions fairly...more

The Bright Future of the Solar Energy in Mexico

Mexico’s geographic location and solar resources have made it one of the top candidates for solar energy development. However, till 2012, the number of investors in this industry and government support was limited. Now,...more

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