Environmental Tort Class Actions -
In what has become a near legal certainty following plant explosions, train wrecks with chemical spills, and other large-scale accidents, plaintiffs often file suit and seek to certify...more
Energy Explosion: 10 Trends to Watch in Energy Restructuring -
On April 20, 2020, U.S. benchmark crude traded negative for the first time. This drastic drop in price was caused by the perfect storm of the Saudi...more
5/20/2020
/ Carbon Off-Set Credits ,
Coronavirus/COVID-19 ,
Energy Sector ,
Foreign Investment ,
Mexico ,
Natural Gas ,
Oil & Gas ,
Power Infrastructure ,
Renewable Energy ,
Russia ,
Saudi Arabia ,
Sustainability ,
Testimony
On April 5, 2020, in the first quarterly report of his second year of government, Mexico’s president, Andrés Manuel López Obrador (“AMLO”) reiterated his intention to unveil a long-awaited energy-infrastructure plan. The...more
A decade ago, individual and corporate consumers who sought to reduce their carbon footprint would purchase carbon offset credits, whereby their carbon footprint would be offset by activity undertaken by the issuer of the...more
Over a hearing that lasted over 10 hours on April 14, 2020, the TRRC listened as oil and gas industry participants and stakeholders provided their input on a motion by Pioneer Resources USA Inc. and Parsley Energy Inc....more
Developing Contingency Plans: The NYDFS Mandate on Licensed Virtual Currency Businesses -
The events surrounding COVID-19 have increased the use of fintech products, both out of necessity and convenience. Shelter-in-place...more
4/17/2020
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Compliance ,
Confidential Information ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Digital Assets ,
Disclosure Requirements ,
Financial Institutions ,
Financial Services Industry ,
Finetech ,
Information Technology ,
Insurance Industry ,
Notice Requirements ,
NYDFS ,
Payment Systems ,
Personally Identifiable Information ,
Popular ,
Risk Assessment ,
Risk Management ,
Third-Party Service Provider ,
World Health Organization
On Friday, March 13, President Trump announced he had directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic Petroleum Reserves (the “SPR”). The DOE immediately took action on March 19 by...more
On March 30, 2020, Shell announced that it is pulling out of the Lake Charles liquefied natural gas (“LNG”) project. Just a few weeks ago, it was reported that Shell’s 50% share of the quantities from the 16.45 MTPA project...more
Amid current low oil prices, there may be one bright spot for U.S. producers. On Friday, March 13, President Trump announced he has directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic...more
Lessons for Sellers in Contracting with Emerging Market Buyers: The “Three R’s” to Structuring Payment Security Provisions -
The recent rebound in the international energy industry is being driven, at least in part, by a...more
6/18/2018
/ BSEE ,
Cloud Computing ,
Energy Policy ,
Energy Sector ,
Exports ,
FERC ,
Joint Comprehensive Plan of Action (JCPOA) ,
Migratory Bird Treaty Act (MBTA) ,
Natural Gas ,
Oil & Gas ,
Pipelines ,
Proposed Rules ,
Trump Administration ,
Well Drilling
The recent rebound in the international energy industry is being driven, at least in part, by a large and growing appetite for U.S. hydrocarbon commodity products from buyers in China and other new and emerging markets. U.S....more
Managing Decommissioning Risks in Asian M&A Transactions -
By the end of 2026, approximately 134 producing Concessions and Production Sharing Contracts (each, a “PSC”) will have expired in South Asia. It is expected that 900...more
9/15/2017
/ Acquisitions ,
Asia ,
Cross-Border ,
Electricity ,
Force Majeure Clause ,
Greenhouse Gas Emissions ,
Hackers ,
IRS ,
Liquid Natural Gas ,
Mergers ,
Oil & Gas ,
Renewable Energy ,
Supply Chain ,
Take-or-Pay Contracts ,
Tax Reform
The Japan Fair Trade Commission (the “JFTC”) recently undertook a survey to review destination restriction clauses in contracts for the sale and purchase of liquefied natural gas (“LNG”). Included at the end of the JFTC’s...more
As low oil prices dragged on for another year, LNG sellers and developers continued to face hurdles in 2016. Unfortunately but not surprisingly, we witnessed more projects cancelled or put on hold, including LNG Canada and...more
With a robust demand for gas and a desire to reduce its reliance on Russian gas supplies, Europe is a market hotly pursued by liquefied natural gas (“LNG”) sellers and export project developers alike. Those seeking to sell to...more
On February 17, 2017, the Bureau of Ocean Energy Management (“BOEM”), which manages oil and gas leasing in the Outer Continental Shelf, announced that it is withdrawing previously-issued orders to sole liability property...more