News & Analysis as of

Oil & Gas Natural Resources

CFIUS’s Report and the Year Ahead for Foreign Natural Resource Investment

by Snell & Wilmer on

On September 21, 2017, the Committee on Foreign Investment in the United States (“CFIUS”) issued a public version of its most recent classified annual report to Congress on covered transactions for CY 2015. CFIUS is the...more

Hearings This Week

by Kelley Drye & Warren LLP on

The Senate is not in session this week. They will return to session on Oct 16 - House Natural Resources — Subcommittee on Federal Lands hearing on H.R.219, the “Swan Lake Hydroelectric Project Boundary Correction Act”:...more

Energy Hearings this Week

by Kelley Drye & Warren LLP on

Senate Energy and Natural Resources Committee hearing on Bruce Walker to be assistant Energy secretary for electricity delivery and energy reliability; and Steven Winberg to be an assistant Energy secretary for fossil...more

New Reporting Requirements Now in Force in Quebec for Mining, Oil and Gas Industries

Quebec mining and oil and gas industries must now comply with the Regulation respecting the application of the Act respecting transparency measures in the mining, oil and gas industries (Regulation), which came into force on...more

Hearings This Week

by Kelley Drye & Warren LLP on

House Science, Space and Technology — Subcommittee on Environment and Subcommittee on Oversight joint hearing on “Examining the Scientific and Operational Integrity of EPA’s IRIS (Integrated Risk Information System)...more

Hearings This Week

by Kelley Drye & Warren LLP on

Senate Environment and Public Works Subcommittee on Clean Air and Nuclear Safety hearing on “Developing and Deploying Advanced Clean Energy Technologies.” Date: Tuesday, July 25, 10 a.m....more

Pennsylvania Supreme Court Holds that Fiscal Legislation Can be Invalidated When Inconsistent with Environmental Rights Amendment

In 1971, the citizens of Pennsylvania overwhelmingly approved a proposed amendment to the Commonwealth of Pennsylvania’s Constitution’s Declaration of Rights, now known as the “Environmental Rights Amendment” (ERA). The...more

Hearings This Week

by Kelley Drye & Warren LLP on

House Rules Committee meets to formulate a rule on H.R.806, the “Ozone Standards Implementation Act of 2017.” Date: Monday, July 17, 5 p.m....more

Pennsylvania Supreme Court Issues Transformative Decision in Environmental Rights Amendment Case

by K&L Gates LLP on

The Pennsylvania Supreme Court recently issued a landmark decision regarding Article I, Section 27 of the Pennsylvania Constitution, also known as the “Environmental Rights Amendment.” This amendment holds significance to...more

PA Supreme Court Restricts General Assembly’s Right to Spend Oil & Gas Royalty Money

by Tucker Arensberg, P.C. on

The Pennsylvania Supreme Court continues to expand the reach of the Environmental Rights Amendment to the state Constitution. Adopted in 1971, the Environmental Rights Amendment recognizes that the people have a right to...more

Energy Hearings This Week

by Kelley Drye & Warren LLP on

Senate Environment and Public Works Committee markup to vote on the nominations of Annie Caputo to be a member of the Nuclear Regulatory Commission; David Wright to be a member of the Nuclear Regulatory Commission; and Susan...more

Energy Hearings This Week

by Kelley Drye & Warren LLP on

Senate Appropriations Subcommittee on Interior, Environment and Related Agencies hearing on the proposed budget estimates and justification for FY2018 for the Environmental Protection Agency. Date: Tuesday, June 27, 9:30...more

Mexico Introduces Industrial Safety and Environmental Protection Provisions for Hydrocarbon Pipelines

by Jones Day on

On March 31, 2017, the Ministry of Environment and Natural Resources published general administrative provisions in the Official Gazette of the Federation. These administrative provisions establish the guidelines for...more

Significant Developments in Canadian Energy – For the Month of March 2017

by Dentons on

Oil Sands / Unconventional - March 29, 2017 – Cenovus Energy Inc. (“Cenovus”) agreed to acquire ConocoPhillips’s 50% interest in the FCCL Partnership, which is the companies’ jointly owned oilsands venture operated by...more

Executive Order Seeks Sweeping Reversal of Climate Change Policies to Favor U.S. Energy Production

by Perkins Coie on

President Donald Trump recently signed Executive Order 13783, an omnibus executive order aimed at reducing burdens on further development of domestic energy resources, with “particular attention” to oil, natural gas, coal and...more

The Fall of Section 1504: Congress Votes to Repeal the Revenue Transparency Rule

Congress passed a joint resolution this week expressing its disapproval of the revenue transparency rule issued last June by the Securities and Exchange Commission. The rule, issued pursuant to Section 1504 of the Dodd-Frank...more

What’s Next Under the Congressional Review Act?

As we reported, the House and Senate have passed a joint resolution under the Congressional Review Act disapproving the SEC Resource Extraction Rule and that President Trump was expected to sign the legislation that...more

SEC Resource Extraction Rule to be Eliminated Under Congressional Review Act

As we previously noted, the House was set to vote on the disapproval of the SEC Resource Extraction Rule under the Congressional Review Act. The joint resolution passed the House by a vote of 235 in favor and 187 against. ...more

House Votes to Invalidate Extraction Payment Disclosure Rule

by Bracewell LLP on

On February 1, 2017, the U.S. House of Representatives passed House Joint Resolution 41 to annul the Extraction Payment Disclosure Rule. The rule would require oil and gas companies to disclose in annual reports for fiscal...more

Treasury and IRS Release Final Regulations on Qualifying Income, but Halted by Trump Moratorium

by Bracewell LLP on

January 25, 2017 On January 19, 2017, the Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations (Final Regulations) regarding qualifying income under Internal Revenue Code (Code) section...more

Trump Cabinet Selections Signal Potential Changes to Environmental Regulations

by Snell & Wilmer on

As previously reported, President-elect Donald Trump’s victory could have profound implications for federal environmental regulation. Although the scope of the intended regulatory changes remains uncertain, President-elect...more

Energy in Transition: Trump Announces Additional Cabinet Nominees

by Holland & Knight LLP on

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

EPA Releases Final Report on Impacts on Drinking Water from Hydraulic Fracturing

by Seyfarth Shaw LLP on

Seyfarth Synopsis: With significant objection from Industry, EPA has issued its Final Report on whether hydraulic fracturing activities can impact drinking water resources under certain circumstances. The U.S....more

California Environmental Law & Policy Update - November 2016 #3

by Allen Matkins on

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

California Environmental Law & Policy Update - September 2016 #3

by Allen Matkins on

Environmental and Policy Focus - Federal Plan divvies up California desert for conservation and energy projects - ABC News - Sep 14 - Swaths of public land in the California desert will be opened to solar and...more

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