Natural Gas

News & Analysis as of

Disclosure Rules Regarding Payments by Resource Extraction Issuers Have Been “Unlawfully Withheld” by the SEC – Court Orders...

Yesterday, a federal judge ordered the SEC to file with the court an expedited schedule for promulgating final rules requiring disclosure of government payments by resource extraction issuers. The SEC has 30 days to file the...more

Clean Power Rule Challenges Will Proceed Sooner or Later, But Its Goal May Already Be Close at Hand

Legal challenges filed almost immediately after President Obama announced the Clean Power Rule may be premature. That is what attorneys for EPA told the U.S. Court of Appeals for the District of Columbia Circuit recently in...more

Construction Law Advisory - August 2015

Pennsylvania’s Contractor and Subcontractor Payment Act (“CASPA”) is a powerful tool for contractors and subcontractors to ensure that they receive prompt payment for their work and may entitle them to expansive remedies,...more

DOE Offers $1 Billion in Federal Loan Guarantees for Distributed Energy Projects, Provides Guidance

The U.S. Department of Energy (DOE) recently announced that it will make $1 billion available for distributed energy project loan guarantees. DOE issued supplements to the existing loan guarantee solicitations for Advanced...more

"EPA Issues Clean Power Plan to Reduce Power Plant Carbon Emissions"

On August 3, 2015, the U.S. Environmental Protection Agency (EPA) issued its final regulation, known as the Clean Power Plan (CPP), establishing carbon dioxide (CO2) emission guidelines for existing affected electric utility...more

More on Methane: Adjacency, Consistency, and a Major Source of Confusion

On Tuesday, August 18, 2015, the U.S. Environmental Protection Agency (“EPA”) issued a package of four proposals to control methane emissions from the oil and gas industry. By far, EPA’s proposed New Source Performance...more

While New Methane Rules Get Most of the Attention, EPA Also Proposes New Site Aggregation Policies for the Oil and Gas Sector and...

On August 18, 2015, the U.S. Environmental Protection Agency ("EPA") released and asked for comments on a number of proposed rules affecting the oil and gas industry. While the methane emission regulations have received the...more

California Energy Commission Report Projects Local Electric Reliability Deficits By 2021, Potentially Triggering The Need For New...

The California Energy Commission (CEC) has released an August 2015 report projecting local reliability shortfalls in the Los Angeles basin planning area as early as 2021. The deficits may require new natural gas power...more

EPA Launches Proposed Measures to Cut Methane and VOC Emissions from Oil & Gas Industry: Agency Clarifies Permitting Requirements...

Draft New Source Performance Standards to Reduce Methane and VOC Emissions - The oil and gas sector is the Environmental Protection Agency's (EPA) latest target regarding the reduction of GHG emissions. The White House...more

From Playa Lakes To Prairie Potholes: Four Things Energy Companies Need to Know About the WOTUS Rule

Have one or several playa lakes on or near a well pad in the Permian Basin? An access road nearby an ephemeral tributary of the Green River in the Uintah Basin? A pipeline that traverses lands dotted with prairie potholes in...more

EPA Issues Proposed Rules on VOC and Methane Emissions from Oil and Gas Operations

The EPA seeks to reduce VOC and methane emissions by 40-45% by 2025. On August 18, 2015, the US Environmental Protection Agency (EPA) published proposed changes to the new source performance standards (NSPS) and draft...more

Updated NBP and Beach terms and conditions: Key differences between the old terms and the new 2015 terms

For many years the Short Term Flat NBP Trading Terms and Conditions 1997 (the “NBP 1997 Terms”) have been the standard terms for trading gas on the UK’s national transmission system for natural gas (the “UK NTS”) and the...more

EPA Finalizes Historic Greenhouse Gas Emission Reduction Program

Existing and new power plants face increasing complexity as EPA’s historic final rule regulating greenhouse gas emissions represents a major expansion of EPA’s regulatory authority. In a rare presidential announcement of...more

EPA Proposes Major New Air Emissions Requirements for the Oil and Gas Industry

The Environmental Protection Agency (EPA) released today a suite of requirements that impose strict new limits on the emission of volatile organic compounds (VOC) and methane by the oil and natural gas industry. The proposals...more

EPA proposes methane rules for oil and gas

The U.S. Environmental Protection Agency has proposed a suite of new and modified rules affecting the oil and natural gas industry. Collectively, the proposed rules released on August 18 are designed to reduce methane...more

EPA Proposal Limits Methane, Other Emissions in Oil, Natural Gas Sector

The U.S. Environmental Protection Agency (EPA) today released proposed regulations that would set performance standards for emissions of methane and volatile organic compounds (VOCs) from new and modified sources in the...more

Initial Decision Finds that BP Manipulated 2008 Natural Gas Market in Texas

On August 13, 2015, a Federal Energy Regulatory Commission (“FERC” or “Commission”) Administrative Law Judge (“ALJ”) issued an initial decision in which she found that BP America Inc. et al. (“BP”) manipulated the natural...more

Bridging the Week - August 2015 #3

Hackers and Traders Charged by SEC and Department of Justice in International Securities Fraud Scheme - The computer servers of three major newswire companies were allegedly hacked as part of an elaborate illicit...more

EPA’s Clean Power Plan: Structure, Implications for the Grid, and Next Steps

The United States Environmental Protection Agency (EPA) issued the Clean Power Plan (Plan) in its final form on August 3, 2015. The rule reshapes energy policy nationwide by setting state-by-state greenhouse gas emissions...more

Oil and Gas Production in Brazil

The exploration and production of oil and natural gas in Brazil has been on the rise and, as anticipated, the volume of proven reserves in the country has increased in recent years. In 2014, Brazil had 16.2 billion barrels...more

EPA Issues a Draft Methane Challenge Reduction Program for the Oil and Gas Sector

Comments on Program Due September 1 - The Environmental Protection Agency (EPA) has proposed a voluntary Natural Gas STAR Methane Challenge Program, through which oil and natural gas companies can make and track...more

EPA Offers a Methane "Carrot" in Advance of its Regulatory "Stick"

On July 23, 2015, the United States Environmental Protection Agency (EPA) issued its proposed framework for the Natural Gas STAR Methane Challenge Program. Intended to encourage voluntary "beyond (current) compliance" methane...more

Accelerating toward a clean energy future: EPA steps on the gas (and renewables) with the release of power plant carbon rules

On August 3, 2015, President Obama unveiled highly anticipated final Clean Air Act (CAA) rules to address carbon dioxide (CO2) emissions from new and existing power plants. Taken together, EPA’s rules represent the most...more

EPA Issues Suite of Final and Proposed Regulations for Carbon Emissions from Power Plants

On August 3, 2015, the Environmental Protection Agency (“EPA”) issued three separate but related actions to address carbon pollution from power plants: 1) the final Clean Power Plan, President Obama’s signature effort to...more

Obama Announces Clean Power Plan, Fights to Follow

On August 3, 2015, President Obama announced the finalization of the long-awaited Clean Power Plan, a policy primarily intended to further the commitment to combatting global warming. The Plan focuses on the electric power...more

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