In the offshore oil and gas sector, procurement contracts have long served as sophisticated risk management tools designed to promote commercial certainty by clearly defining parties’ obligations and allocating risks in a...more
President Trump has signed an executive order seeking to move certain permitting authority from California and Los Angeles to the federal government, saying California and local agencies are moving too slowly on helping...more
Welcome to the Shipping and Energy Year in Review 2025 from the London office of Haynes Boone. As editor of our quarterly newsletter, I am delighted to bring together, in one place, the alerts, articles, publications and...more
According to the Global Energy Review published by the International Energy Agency in March 2025, the world’s appetite for energy rose at an above-average pace in 2024, resulting in higher demand for all energy sources. ...more
The U.S. Environmental Protection Agency (EPA) is proposing to loosen requirements for companies to report on their uses of perfluoroalkyl and polyfluoroalkyl substances, or PFAS....more
Work to find and stop methane emissions is getting a $100-million boost, with an investment aimed at expanding satellite monitoring and helping countries adopt policies to rein in releases of the potent greenhouse gas....more
The Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP) has announced that eight exploratory blocks are currently available in the Permanent Offer under Production Sharing (OPP), a continuous bidding...more
On October 22 in Rio de Janeiro, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) held the public session of the 3rd Cycle of the Permanent Offer for Production Sharing regime (“OPP”)....more
On 5 Sept. 2025, the United Kingdom’s Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) launched a public consultation that could reshape the regulatory landscape for offshore oil and gas...more
The “One Big Beautiful Bill Act” (Public Law No: 119-21, the “Act”) marks a pivotal moment in U.S. energy legislation, signaling a decisive shift back toward traditional fossil fuel development....more
Welcome to our eighth issue of Currents 2025. Extending the Lives of Fossil Fuel Power Plants Based on Arguably Tenuous Assumptions May Increase Power Prices - In July, the Trump administration’s Department of Energy (DOE)...more
Section 50102 of the OBBBA makes changes affecting what Section 18 of the OCS Lands Act calls the Five-Year Oil and Gas Leasing Program. Although the program is accompanied by thousands of pages of analysis, it is a one-page...more
Welcome to our sixth issue of Currents 2025. We are covering a multitude of issues in this edition, but we want to pass along a couple of announcements first. Again, thank you for reading! Amazon and Pennsylvania Join the...more
A series of recent actions undertaken by President Biden, near the end of his term, and President Trump, in the early days of his presidency, have called into question a key issue under the Outer Continental Shelf Lands Act...more
Newly confirmed Interior Secretary Doug Burgum wasted little time implementing many of President Trump’s initial energy executive orders (EOs), unleashing a round of Secretary’s Orders (SOs) this past Monday that push fossil...more
On January 20, President Trump issued several executive orders taking aim at former President Biden’s offshore oil and gas development bans, as well as overturning several other actions designed to boost climate protections....more
This client alert provides a brief overview of President Biden’s recent decision to expand the ban on offshore oil and gas leasing, outlining its background, scope, and potential impact on the energy industry. Key...more
With just days remaining in office, President Joe Biden has cast uncertainty over President-Elect Donald Trump's campaign promises of U.S. energy dominance. On Jan. 6, 2025, President Biden announced an executive action to...more
“While Republicans have taken unified control of the federal government, President-elect Donald Trump is going to lean heavily on an expansive use of executive power from his first day back in the Oval Office as he has...more
In his final days in office, President Joe Biden has exercised his executive authority to withdraw more than 625 million acres of federal waters from future oil and gas leasing – the largest withdrawal of its kind in U.S....more
The White House announced on Monday that President Joe Biden would ban new offshore oil and gas drilling along most of the U.S. coastline. The order will protect 625 million acres of ocean along America’s Atlantic and Pacific...more
On January 6, President Biden announced an executive action affecting offshore drilling prior to the end of his term. Biden has issued a decree that will “permanently ban” new offshore oil and gas development in large...more
The U.S. Department of the Interior has long wrestled with how to manage the risk associated with the costly decommissioning of offshore oil wells in federal waters. In recent years, the Department has released, revised, and...more
The United States Environmental Protection Agency (“EPA”) and HOS Port, LLC (“HOS”) entered into an October 9th Consent Agreement and Final Order (“CAFO”) addressing alleged violations of the Resource Conservation and...more
Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more