Through a series of recently issued general licenses, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has relaxed its Venezuela Sanctions Regulations (VSR) to create a critical pathway for...more
2/23/2026
/ Compliance Management Systems ,
Contract Negotiations ,
Contract Terms ,
Due Diligence ,
Economic Sanctions ,
Foreign Investment ,
General Licenses ,
Investment ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Regulatory Requirements ,
Risk Management ,
Sanctions ,
U.S. Treasury ,
Venezuela
On January 28, 2026, Baker Botts hosted a full day of discussions featuring senior regulators, former agency leaders, and policy insiders, a clear theme emerged: environmental and energy regulation is being reshaped at an...more
2/20/2026
/ CEQ ,
Clean Water Act ,
Department of Justice (DOJ) ,
Energy Policy ,
Energy Projects ,
Enforcement Actions ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Infrastructure ,
Investment ,
NEPA ,
Permits ,
Regulatory Oversight ,
Regulatory Reform ,
Rulemaking Process ,
US Army Corps of Engineers ,
Waters of the United States
During Baker Botts' 39th Annual Environmental, Safety & Incident Response Seminar on January 28, 2026, Partner George Fibbe led the lunch session with Francisco Monaldi, Fellow in Latin American Energy Policy at the Baker...more
2/16/2026
/ Economic Sanctions ,
Energy Policy ,
Environmental Liability ,
Foreign Investment ,
Geopolitical Risks ,
Hydrocarbons ,
Infrastructure ,
Investment ,
Oil & Gas ,
Regulatory Reform ,
Risk Management ,
Sanctions ,
Venezuela
Trump administration authorizes transactions involving Venezuelan oil sector, but subject to detailed conditions to align with U.S. policy objectives. Companies seeking to do business with Venezuela should confirm that their...more
2/2/2026
/ Contract Terms ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Foreign Policy ,
General Licenses ,
Hydrocarbons ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Reporting Requirements ,
Trump Administration ,
U.S. Treasury ,
Venezuela
The recent arrest and arraignment of Venezuelan President Nicolás Maduro has profound legal and economic implications, particularly within the oil and gas sector. The Venezuelan oil sector is now in a state of disrepair due...more
1/7/2026
/ Arbitration ,
Bilateral Investment Treaties ,
Debt Restructuring ,
Dispute Resolution ,
Economic Sanctions ,
Executive Orders ,
Foreign Investment ,
Infrastructure ,
International Arbitration ,
Investment ,
Investment Disputes ,
Investor State Dispute Settlement (ISDS) ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Restructuring ,
Trump Administration ,
U.S. Treasury ,
Venezuela
Over the last half century, federal courts have interpreted the National Environmental Policy Act (NEPA) to require federal agencies to study an ever-growing range of indirect effects and impacts when approving large...more
6/4/2025
/ Energy Projects ,
Environmental Litigation ,
Government Agencies ,
Infrastructure ,
Judicial Deference ,
Judicial Review ,
NEPA ,
Oil & Gas ,
Popular ,
Railroads ,
Regulatory Authority ,
Rulemaking Process ,
SCOTUS ,
Seven County Infrastructure Coalition v Eagle County Colorado ,
Statutory Interpretation
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final regulations regarding the clean hydrogen production tax credit under section 45V of the...more
On November 12, 2024, the U.S. Court of Appeals for the D.C. Circuit issued a decision that goes to the heart of how the National Environmental Policy Act is implemented. In Marin Audubon Society v. Federal Aviation...more