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Oil & Gas

Energy Newsletter - February 2018

by King & Spalding on

Developing an FSRU Project in New Markets: 10 Key Considerations - As at 1 July 2017, the total number of operational floating storage and regasification units (“FSRUs”) globally stood at 26, with 23 operating as terminals...more

FERC Votes to Encourage Electric Storage

by Foley & Lardner LLP on

On February 15, 2018, the Federal Energy Regulatory Commission (FERC) voted to require all Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to revise its tariffs to establish a participation...more

Currents - Energy Industry Insights - February 2018 #4

Dominion to Start Cove Point LNG Exports Early March - "Dominion Energy said it expects to start exporting liquefied natural gas from its Cove Point terminal in Maryland, the second U.S. facility to produce LNG from shale...more

Soil Testing/Environmental Assessment Question: January 9th Commonground Forum Question

The blog Commonground addressed a question regarding sampling at a leaking petroleum underground storage tank site....more

Advisory Committee on Petroleum Storage Tanks – February Meeting

As noted in previous blog posts, Arkansas operates a petroleum storage tank trust fund that provides reimbursement for eligible storage tanks for certain corrective actions and third party damage claims due to a release of...more

Water Enforcement: Mississippi Commission on Environmental Quality and Biloxi, Mississippi Facility Enter into Agreed Order

The Mississippi Commission on Environmental Quality and Waring Oil Company, LLC (“Waring”) entered into a January 18th Agreed Order (“AO”) addressing an alleged violation of the Mississippi Code related to the release of...more

Feeling Underwater? A Brief Look at Recent Clean Water Act Developments

by Holland & Hart LLP on

It is becoming increasingly difficult for the regulated community to stay abreast of state and federal environmental regulatory developments, particularly as they are decided in court. The following alert summarizes some...more

Landman Defeated By The Statute Of Frauds

by Gray Reed & McGraw on

Proving once again that gratitude is the rarest of human emotions, a contract between a landman and his client was deemed unenforceable, leaving the landman with nothing, even though he actually secured oil and gas leases for...more

At The Well Weekly – Oil And Gas Update For Week Ending 2/16/2018 – PA Permit Fees On The Rise, Trump’s Plans For Pipelines, And...

by Cozen O'Connor on

Since our last report, natural gas prices dropped alongside a flat rig count and a slight increase in oil prices. In Appalachia, PADEP is poised to increase permit fees and is on the verge of finalizing methane-reduction...more

Energy Insider Interview Series: Insights from Terry Fitzpatrick, President & CEO of the Energy Association of Pennsylvania

1. Over the course of this series, we’ve talked to a number of different players in the energy space—from businesses, to trade organizations to lawmakers—all of which have had different things to say on the status of the...more

California Issues Revised Proposed Underground Gas Storage Regulations

by Stoel Rives LLP on

On February 12, 2018, the California Department of Conservation (“DOC”) issued a public notice announcing revisions to the text of the proposed regulations in the rulemaking for California Underground Gas Storage Projects. ...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Public-private partnerships key for gas infrastructure development in SADC region - Speaking [Nepad Business Foundation (NBF) Africa infrastructure programme manager Peter Varndell] at the Africa Gas Forum, in...more

What’s on the horizon for the LNG market in 2018?

Following a rise in the supply of liquefied natural gas (LNG) in recent years, it was speculated that these cargoes would be unable to find buyers. However, demand for the commodity has aligned with this increased supply. In...more

California Environmental Law & Policy Update - February 2018 #3

by Allen Matkins on

Focus - Trump infrastructure plan would speed up pipeline permitting, cut environmental reviews - Reuters - Feb 12 The Trump administration’s $1.5 trillion infrastructure proposal released on Monday would speed up the...more

FERC Comes Under Pressure to Reduce Pipeline and Other Regulated Rates to Reflect Changes in the Corporate Income Tax Rate

by King & Spalding on

Late last year, Congress passed the Tax Cuts and Jobs Act of 2017, which the President signed into law on December 22, 2017. A central feature of the Act is the reduction of the maximum corporate income tax rate from 35% to...more

West Virginia Legislative Brief 2/16/2018

by Steptoe & Johnson PLLC on

...Today was yet another day of teachers showing up in large numbers voicing their opposition and concern about the PEIA and teachers pay proposals. Worth noting, last Sunday representatives of the county affiliates of the...more

Canadian Mergers and Acquisitions: FAQs and 2018 Trends

Our Canadian Mergers and Acquisitions: FAQs and 2018 Trends answers frequently asked questions regarding the regulation of public M&A in Canada and provides an outlook for what 2018 may hold based on significant developments...more

Currents - Energy Industry Insights - February 2018 #3

Trump Budget Seeks 23 Percent Cut at EPA, Eliminating Dozens of Programs - "The fiscal 2019 proposal released marks the Trump administration's latest attempt to shrink the reach of an agency the president once promised to...more

Court Issues New Test For Determining Whether An Offshore Oilfield Services Contract Constitutes A Maritime Contract

by King & Spalding on

Maritime laws developed for the blue-water shipping industry have always been an imperfect fit for the offshore oil and gas industry. While both industries face the perils of the sea, what constitutes a vessel and who does a...more

Weighing the Costs and Risks of Litigation

by Davis Wright Tremaine LLP on

Citgo Petroleum received a Valentine’s gift of sorts from the Fifth Circuit Court of Appeals on February 14, in United States v. Citgo Petroleum Corporation. The Court affirmed an $81MM civil penalty assessed by the district...more

COGCC Issues New Rules on Flowline Disclosure

by Snell & Wilmer on

With the booming population in Colorado, more and more people have found themselves moving closer to oil and gas operations. This has had some grave consequences in recent times, but the industry has been quick to respond to...more

Africa Focus: Spring 2018: Angola and Mozambique: Oil & gas and mining - Planning for the up-cycle and managing risks in Lusophone...

by White & Case LLP on

Between them, Angola and Mozambique represent 94 percent of the population and 91 percent of the 2017 collective GDP of Lusophone Africa (Figure 1). In the early part of this decade, investors were very optimistic about...more

Landmark UK Case Takes A Stand: Parent Companies May Be Liable For Their Subsidiaries’ Alleged Human Rights Abuses

by King & Spalding on

A landmark United Kingdom case recently has made it clear that UK-based parent companies may be found liable for human rights violations committed by their foreign subsidiaries. Plaintiffs all over the world are filing...more

Leaking Underground Storage Tank Program: Petroleum Marketers Association of America Notes Administration's 2019 Funding Proposal

A Petroleum Marketers Association of America (“PMAA”) February 13th publication noted the White House’s proposal for funding the federal leaking underground storage tank program. The Arkansas Oil Marketers Association is a...more

DOJ Employs Money Laundering Statute to Prosecute Venezuelan Oilmen for Foreign Bribery

by Ballard Spahr LLP on

As forecasted in a blog post last summer, the United States Department of Justice (“DOJ”) has again used the money laundering statute to accomplish the otherwise elusive goal of prosecuting foreign officials who allegedly...more

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