News & Analysis as of

Imports Petroleum

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

K2 Integrity

Implementation of the Russian Oil Price Cap and Key Compliance Considerations

K2 Integrity on

As the Russian invasion of Ukraine continues, so too does Russia’s isolation from the West. Member nations of the Group of Seven (G7)—the United States (U.S.), Canada, France, Germany, Italy, Japan, and the United Kingdom...more

A&O Shearman

Germany: Heavy Statutory Gas Price Surcharges for Commercial and Private End Consumers Presumably as of October

A&O Shearman on

Against the backdrop of drastically increased gas purchase prices and their impact on large German gas importers, and in anticipation of an even further escalation by Russia of the gas supply disruption linked to the war in...more

A&O Shearman

Germany: Heavy Statutory Gas Price Surcharges for Commercial and Private End Consumer on the Horizon

A&O Shearman on

Against the backdrop of drastically increased gas purchase prices and their impact on large German gas importers, and in anticipation of an even further escalation by Russia of the gas supply disruption linked to the war in...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 43, November 2020

U.S. Court Suspends Key Permits for Equitrans Mountain Valley Pipeline - "A U.S. federal appeals court issued a stay of key water crossing permits needed to complete construction of Equitrans Midstream Corp’s 300-mile...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 33, August 2020

Environmental, Tribal Groups Sue to Block Alaska Refuge Drilling - "More than a dozen environmental groups and one representing northeast Alaskan tribal villages sued the Trump administration over a plan to open the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 27, July 2020

Big Oil repeatedly remanded to state courts - will SCOTUS come to the rescue? "Oil companies facing suits by state and local governments that want them to bear a share of the cost of responding to the consequences of...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2020

Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the United Arab Emirates in the energy and legal industries to get his thoughts on the current energy climate. ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #5

Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the Netherlands in the energy and legal industries to get his thoughts on the current energy climate. Marc van...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020 #2

The Drop in Oil was Perhaps the ‘Final Straw’ for U.S. Credit Markets, Strategist Says - "The credit market is sensitive to moves in oil because a 'very large portion' of high-yield bonds in America are issued by...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

Perkins Coie

Washington Supreme Court Invalidates Indirect Emitter Portions of the Clean Air Rule

Perkins Coie on

In a split decision issued on January 16, the Washington State Supreme Court ruled that the Department of Ecology (Ecology) lacks authority under the state’s Clean Air Act (the act) to cap greenhouse gas emissions from...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020 #2

Trump Infrastructure Proposal Impacts 'Virtually Every' Federal Decision on Environment: DOI Secretary - "Trump's announcement focused largely on road and highway impacts, but industry groups and environmentalists note the...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

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: 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 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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - September 2019 #2

Crisis in Middle East Should Remind Us of the Importance of Fracking - "Oil prices are likely to spike in the short-term aftermath of the attack on Saudi Arabia, but, as Clifford Krauss and Stanley Reed of The New York...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - August 2019 #5

Iraq Would Face 'Wrath of U.S.' if Oil Pipeline Projects with Iran Go Ahead - "Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - August 2019 #2

A Turning Point for U.S. Power Generation - "For the first time in U.S. history, renewable energies briefly generated more electricity than coal in April this year, according to the Institute for Energy Economics and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - July 2019 #2

Oil Drops More Than 3% After State Secretary Pompeo Says Iran Is Ready To Negotiate About Its Missile Program - "Oil prices turned lower on Tuesday, falling by about $2 a barrel as U.S. President Donald Trump said progress...more

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