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Oil & Gas Natural Resources Resource Extraction

Mayer Brown Free Writings + Perspectives

Third Time’s the Charm? SEC Adopts Final Disclosure Rules for Resource Extraction Issuers

On December 16, 2020, the US Securities and Exchange Commission (SEC), by a 3-2 vote, adopted final rules requiring annual disclosure on Form SD of payments by SEC reporting companies engaged in the commercial development of...more

Holland & Knight LLP

COVID-19 en México: Diversas instituciones y autoridades suspenden sus actividades

Holland & Knight LLP on

El Gobierno de México declaró el martes, 24 de marzo de 2020, la Fase 2 de la pandemia en el país, en donde ya se registraron casos de contagio local. La fase dos o transmisión local del COVID-19 se refiere al contagio entre...more

Allen Matkins

Are Industry Comments The Only Comments That Matter?

Allen Matkins on

Under the federal Administrative Procedure Act's informal rule making mandate, agencies must give interested persons an opportunity to participate in rule making through submission of written data, views, or arguments with or...more

Mayer Brown Free Writings + Perspectives

SEC Proposes Revised Disclosure Rules for Resource Extraction Issuers

On December 18, 2019, the US Securities and Exchange Commission (SEC) proposed rules for the reporting of certain payments by resource extraction issuers (the “proposed rules”). The proposed rules represent the third attempt...more

Stinson - Corporate & Securities Law Blog

SEC Proposes Rules on Disclosure of Payments by Resource Extraction Issuers

The SEC is proposing Rule 13q-1 and an amendment to Form SD to implement Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “DoddFrank Act”) relating to disclosure of payments by resource...more

Jones Day

Native Title Compensation In Australia—Time to Pay

Jones Day on

The High Court of Australia has handed down its first decision on compensation payable under the federal Native Title Act 1993 ("Act"). The case is Northern Territory v Mr A. Griffiths (deceased) and Lorraine Jones on behalf...more

Nossaman LLP

Department of the Interior Announces Actions to Expedite Energy Development with Potential Consequences for Listed Species

Nossaman LLP on

On October 25, 2017, the U.S. Department of the Interior (DOI) released a report entitled “Review of the Department of the Interior Actions that Potentially Burden Domestic Energy” identifying agency actions that potentially...more

Foley Hoag LLP - Global Business and Human...

The Fall of Section 1504: Congress Votes to Repeal the Revenue Transparency Rule

Congress passed a joint resolution this week expressing its disapproval of the revenue transparency rule issued last June by the Securities and Exchange Commission. The rule, issued pursuant to Section 1504 of the Dodd-Frank...more

Stinson - Corporate & Securities Law Blog

What’s Next Under the Congressional Review Act?

As we reported, the House and Senate have passed a joint resolution under the Congressional Review Act disapproving the SEC Resource Extraction Rule and that President Trump was expected to sign the legislation that...more

Stinson - Corporate & Securities Law Blog

SEC Resource Extraction Rule to be Eliminated Under Congressional Review Act

As we previously noted, the House was set to vote on the disapproval of the SEC Resource Extraction Rule under the Congressional Review Act. The joint resolution passed the House by a vote of 235 in favor and 187 against. ...more

Bracewell LLP

House Votes to Invalidate Extraction Payment Disclosure Rule

Bracewell LLP on

On February 1, 2017, the U.S. House of Representatives passed House Joint Resolution 41 to annul the Extraction Payment Disclosure Rule. The rule would require oil and gas companies to disclose in annual reports for fiscal...more

Holland & Knight LLP

SEC Rules for Resource Extraction Issuers Could Lead to Increased FCPA Scrutiny, Disclosures

Holland & Knight LLP on

New rules issued by the U.S. Securities and Exchange Commission (SEC) that require resource extraction issuers to disclose payments made to U.S. and foreign governments for the commercial development of oil, natural gas or...more

Stinson - Corporate & Securities Law Blog

SEC Adopts Resource Extraction Rules

Responding to a court order, the SEC adopted rules to require resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas or minerals. The rules, mandated by the...more

Stinson - Corporate & Securities Law Blog

Congress and Industry Want Resource Extraction Rules Finalized

In 2013 the United States District Court for the District of Columbia vacated the SEC resource extraction disclosure rules that were mandated by Section 1504 of the Dodd-Frank Act. Fifty-eight Democratic lawmakers have...more

Stinson - Corporate & Securities Law Blog

Representatives Object To Exemption From Resource Extraction Rule Disclosures

Congress is working to reconcile differing versions of legislation to implement an Obama Administration deal with Mexico to develop oil and gas resources in the Gulf of Mexico. Three Democratic lawmakers recently wrote...more

Eversheds Sutherland (US) LLP

Department of Energy Report Indicates Fracking Has Not Contaminated Drinking Water in Western Pennsylvania

A recent study by the Department of Energy’s National Energy Technology Laboratory (NETL) indicates that chemical-laced fluids used in hydraulic fracturing, or fracking, have not contaminated the drinking water at a test...more

Spilman Thomas & Battle, PLLC

The Shale Play Today - July 2013

In This Issue: - Legislative Update: Pa. Passes Oil & Gas Lease Act: On July 9, 2013, Governor Corbett signed the Oil and Gas Lease Act, Senate Bill No. 259 of 2013 (the"Act"), which amends Pennsylvania's...more

McDermott Will & Emery

Illinois’ Hydraulic Fracturing Tax Act

McDermott Will & Emery on

Prior to the Hydraulic Fracturing Tax Act, Illinois was one of the few drilling states not to impose any severance or gross production taxes on the extraction of its minerals. For oil and gas removed on or after July 1,...more

Allen Matkins

California Environmental Law and Policy Update - July 25, 2013

Allen Matkins on

Environmental and Policy Focus: Interior Chief defends federal hydraulic fracturing regulations -- Bloomberg - Jul 18: Interior Secretary Sally Jewell drew on her experience as a former oil-industry engineer to defend...more

McDermott Will & Emery

Illinois Set to Regulate Shale Oil and Gas

McDermott Will & Emery on

On June 17, 2013, Illinois P.A. 98-0022 (the Act), consisting of the Hydraulic Fracturing Regulatory Act (225 ILCS 732/1-1 et seq. (2013)) (HFRA) and the Illinois Hydraulic Fracturing Tax Act (35 ILCS 450/2-5 et seq. (2013))...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Department of Energy to Support Advanced Fossil Energy Projects"

On July 2, 2013, the U.S. Department of Energy (DOE) announced the release of a draft loan guarantee solicitation intended to support advanced fossil energy projects in the United States that avoid, reduce or sequester air...more

Sherman & Howard L.L.C.

Risks and Rewards: Insurance Coverage for Fracking Operations

Hydraulic Fracturing, or "fracking", has been used as an extraction tool for natural gas and oil for several decades. Relatively recent developments in horizontal fracking technology have opened major new shale plays...more

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