News & Analysis as of

Petroleum Exports

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2024 - The Trade Powerhouse: Analyzing Texas’ Role in Global and National Trade

Texas isn’t just celebrated for its breathtaking landscapes and rich history—it’s a dynamic powerhouse in international and interstate trade. As the second-largest state in the U.S., Texas capitalizes on its strategic...more

Whitcomb Selinsky, PC

Illegal Export Scheme: US Seizes Funds in Civil Forfeiture Action

Whitcomb Selinsky, PC on

In a recent legal breakthrough that highlights the importance of ITAR compliance and arms regulation, the United States has achieved a significant milestone. Through a rigorous investigation into an illicit scheme involving...more

Eversheds Sutherland (US) LLP

Services ban and EU import ban come into effect for seaborne Russian petroleum products

On February 5, 2023, the G7 announced that the “price cap” on western-backed seaborne trades of Russian-origin petroleum products to third countries would be set at $45 per barrel ($45/bbl) for Discount to Crude petroleum...more

Holland & Knight LLP

OFAC Updates U.S. Oil Price Cap Policy Against Russia

Holland & Knight LLP on

As an update to an earlier Holland & Knight alert on the same topic, the U.S. Department of the Treasury Office of Foreign Asset Control (OFAC) has published another determination pursuant to Executive Order 14071 expanding...more

White & Case LLP

Resumption of effects of the Resolution regarding import and export permits for hydrocarbons and petroleum products

White & Case LLP on

On February 17, 2022, the Ministry of Economy and Ministry of Energy published in the Federal Official Gazette (the "DOF") the "Resolution that abrogates the resolution that suspends all the consequences derived from the...more

White & Case LLP

Amendments regarding import and export permits for hydrocarbons and petroleum products

White & Case LLP on

Following our client alert published on November 17, 2020, it is informed that the Resolution that establishes the products whose import and exports is subject to regulation by the Ministry of Energy (the "Resolution") was...more

White & Case LLP

Preliminary Draft of the Resolution that amends the requirements and the procedure to obtain import and/or export permits for...

White & Case LLP on

On December 1, 2020, the Ministry of Economy ("SE") and the Ministry of Energy ("SENER") published the preliminary draft (the "Preliminary Draft") of the Resolution that establishes the products whose import and export is...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 35, September 2020

U.S. Shale Producers Race for Federal Permits Ahead of Presidential Election - "Federal permitting in the largest U.S. oilfield in the Permian Basin, located in Texas and New Mexico, is up 80 percent in about the last three...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 32, August 2020

Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more

Bracewell LLP

VAT and Customs Duty Increases in Saudi Arabia – Implications for Investment into the Kingdom

Bracewell LLP on

The old adage that nothing is certain except for death and taxes has, until recently, told only half the story in Saudi Arabia. As the world’s largest exporter of petroleum, the Kingdom has amassed such vast profits from the...more

Buchalter

California Energy Regulatory Weekly Update - April 2020

Buchalter on

On 12/5/19 the California Environmental Justice Alliance, Sierra Club, Defenders of Wildlife and the Public Advocates Office submitted an application for rehearing and clarification of D.19-02-007. The parties allege that the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020

Massive New Bipartisan Senate Energy Legislative Package Could See Vote as Early as Next Week - "The 555 page legislative package combines almost all the 50 energy bills that were reported to the Senate in 2019, and is...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020 #4

Cancelled Teck Oil Sands Project Underscores Global Climate-Energy Policy Tension - "The Frontier project became the latest casualty in oil-producing countries with robust environmental movements agitating to cut...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020 #3

The UAE Gets Green Light to Operate the Arab World’s First Nuclear Power Plant - "The project, which national officials describe as a strategic and economic imperative for the UAE, is more than a decade in the making and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020 #2

Energy-Related CO2 Emissions ‘Flatlined’ Last Year, IEA Says, Raising Hopes About Climate - "Global emissions remained at approximately 33 gigatonnes in 2019 despite the world economy growing by 2.9%, the IEA said." ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020

The Insanity is Over: ‘Navigable’ Now Means ‘Navigable’ Again - "The Trump administration has now announced that the intentionally ambiguous and easily abused Waters of the United States Rule has been replaced by the new,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020 #3

Energy Blockchain’s Most Obvious Use Case is Not What You Think - "Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020

Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more

Steptoe & Johnson PLLC

It’s a Wrap: New Outlooks for 2020

Steptoe & Johnson PLLC on

Many of us have the end of the year and the end of the decade on our minds: wrapping up projects, working to close deals and matters, and striving to end the year on as high of a note as we possibly can. It is hard to believe...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - December 2019 #2

Court Ruling Vindicates ExxonMobil in New York ‘Climate Change’ Fraud Case - “'The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - December 2019

Russian, Colombian Competition Continuing to Slow U.S. Thermal Coal Exports - "'Central Appalachian and Northern Appalachian exports remain out of the money for shipment to Europe and Illinois Basin coal has significant...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 41, November 2019

Why Everything They Say About California Fires — Including That Climate Matters Most — is Wrong - "'We’ve looked at the history of climate and fire throughout the whole state, and through much of the state, particularly...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 40, October 2019 #5

Expenses and Delays Continue for Mountain Valley Pipeline, Where Work has Halted Again - "The pipeline’s developers announced that construction now isn’t expected to concluded until late next year at a cost of $5.3 to $5.5...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 39, October 2019 #4

Big Oil’s Climate Change Reckoning Finally Arrives in Court - "New York’s $1.6 billion lawsuit arose from a national effort to hold Big Oil responsible for global warming." Why this is important: The most important...more

Holland & Knight LLP

Navigating the Recent U.S. Sanctions on COSCO (Dalian) and Other Chinese Companies

Holland & Knight LLP on

The U.S. Office of Foreign Assets Control (OFAC) on Sept. 25, 2019, designated COSCO Shipping Tanker (Dalian) Co. Ltd. (COSCO Dalian), Kunlun Shipping Company Ltd., and certain other entities and individuals as Specially...more

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