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Oil & Gas Environmental Policies Environmental Social & Governance (ESG)

K&L Gates LLP

June 2024 ESG Policy Update—Australia

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Australian Update - Australia and EU Enter Into Critical and Strategic Minerals Partnership - On 28 May 2024, Australia and the European Union (EU) signed a Memorandum of Understanding (MOU) for a bilateral partnership to...more

Mintz

Major European Bank Withdraws From Fossil Fuel Financing

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This week, “BNP Paribas SA, the European Union's biggest bank” stated that it “is no longer participating in conventional bond issuance for” “oil and gas producers.”  In essence, BNP Paribas has announced that it will cease...more

Vinson & Elkins LLP

Greenwashing and Plastics: Getting Ahead of the Upstream Risks

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Consumer packaged goods companies know that sustainability sells. And in their efforts to market their products as sustainable, they’ve long contended with allegations of greenwashing—the practice of claiming their products...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - March 2024 - #2

Greenwashing Beef Production - On February 28, New York State Attorney General (NYAG) Letitia James filed a lawsuit with the New York Supreme Court against meat processing company JBS USA for misleading the public about its...more

Hinshaw & Culbertson LLP

U.S. EPA Grants Louisiana Primacy for Class VI Geologic Sequestration Wells: What's Next?

Recently, the United States Environmental Protection Agency ("EPA") signed a final rule granting the State of Louisiana's request for primary responsibility for the permitting, compliance, and enforcement of Class VI (deep...more

Gray Reed

What Happened at COP28?

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About the same as what happened at COP27. The 70,000+ fabulists, opportunists, and assorted acolytes comprising the congregation of the Church of Our Holy Mother of the Suffering Planet celebrated another high mass in,...more

Troutman Pepper

New York’s Spill Reporting Revisions Could Significantly Impact Environmental Due Diligence

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In June 2023, the New York State Department of Environmental Conservation (NYSDEC) adopted revisions to its petroleum bulk storage regulations 6 NYCRR Part 613. The amended regulations become effective on October 17....more

Cadwalader, Wickersham & Taft LLP

TotalEnergies Sues Greenpeace Over Greenwashing Allegations

On April 28, 2023, French multi-national energy company TotalEnergies filed a civil action in France against environmental activist group Greenpeace France and climate consulting group Factor-X alleging that a report issued...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

Akin Gump Strauss Hauer & Feld LLP

Climate Policy Update - March 2023

President Biden issued his first veto to reject a Congressional Review Act measure to shoot down the Department of Labor’s environmental, social, and governance-related (ESG) rule. Governors are also pushing back on the Biden...more

Akin Gump Strauss Hauer & Feld LLP

This Week's Climate Policy Update - October 2022 #4

[co-authors: Kerry Mackenzie and Leila Fleming] The Treasury Department’s Federal Insurance Office issues a request for public comments regarding climate-related financial risk. Meanwhile, the Securities Exchange...more

Jones Day

ClientEarth Threatens Legal Action Against Shell's Directors in England and Wales

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On 15 March 2022, ClientEarth announced that it had written to Shell's board of directors informing them of its intent to bring a claim on behalf of the company for the board's failure to implement a Paris Agreement compliant...more

Morgan Lewis

2021 Year in Review: Climate Change

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The global impact of our planet’s changing climate garnered significant attention in 2021. The United States rejoined the Paris Agreement at the beginning of the year, and in November, during the United Nations Climate Change...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 5, Issue 32

German Regulator Puts Brake on Nord Stream 2 in Fresh Blow to Gas Pipeline - "First flows through the pipeline look very unlikely in the first half of 2022, he added." Why this is important: It is estimated that Russia...more

Vinson & Elkins LLP

[Webinar] Making Sense of Methane - October 21st, 12:00 pm - 1:00 pm CT

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Join V&E environmental lawyers Matthew Dobbins, Corinne Snow, and Patrick Traylor as they host a CLE via webcast on the EPA’s new proposed rule for methane from the oil and gas sector, provide an update on air enforcement and...more

Bennett Jones LLP

Working Interest Participant Obligations Under the AER's Reasonable Care and Measures Orders

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Nearly a year ago, the Government of Alberta announced its new Liability Management Plan. Through this plan, the Alberta Government provided the Alberta Energy Regulator (AER) with additional tools to ensure that sites are...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Capture, Utilization and Storage – What is the big deal?

Carbon capture, utilization and storage (CCUS) looks set to become one of the next major talking points in energy, as countries around the globe struggle to reduce carbon dioxide (CO₂) emissions and fulfil commitments to...more

Jones Day

The Climate Report | Second Quarter 2021

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Climate Change Regulatory Issues & Updates - Interim Update on Biden Administration Climate Change Initiatives - The last edition of the Climate Report discussed President Biden's signing, on his first day in office,...more

Opportune LLP

For ESG Investors, ‘Clean Fracs’ Could Mitigate Environmental Impacts

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As regulatory requirements and ESG reporting and transparency increase to address gas flaring, “clean fracs” could be one solution for upstream oil and gas companies towards an energy transition....more

Akin Gump Strauss Hauer & Feld LLP

An Inside Look at the House Bill to Revolutionize U.S. Climate Strategy

Key Points - House Democrats have released draft text for the CLEAN Future Act, a comprehensive climate bill that aims to achieve net-zero greenhouse gas pollution throughout the United States by 2050 by directing federal...more

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